In a significant development for the iGaming sector, Internet Vikings has secured approval from the Arizona Department of Gaming for its VMware-based private cloud hosting solutions. This recent authorization marks a pivotal achievement for the company, which was already notable for being the first fully licensed online sports betting hosting provider in Arizona as of May 2023.
Company Achievements and Milestones
Internet Vikings has been making waves in the online gaming sector with its strategic expansions and regulatory approvals. The company’s recent approval in Arizona adds to its growing list of accomplishments. Notably, in May 2023, Internet Vikings became the first provider to be fully licensed for online sports betting hosting in Arizona. This milestone underscores the company’s pioneering role in the industry and sets a new standard for hosting solutions in regulated markets.
Furthermore, the company expanded its footprint in the U.S. in March 2023 by securing a license as an online gaming service provider in Connecticut. Connecticut, having launched legal online sports wagering and online casino operations in October 2021, became the sixth state to open its online market. This expansion is a testament to Internet Vikings’ ability to navigate and comply with diverse regulatory environments, positioning it as a key player in the U.S. iGaming market.
Technological Advancements and Solutions
At the heart of Internet Vikings’ recent achievements is its VMware-based private cloud hosting solutions. These cutting-edge technologies are designed to offer unparalleled performance, security, and compliance tailored specifically for the iGaming and online sports betting sectors. VMware’s robust cloud infrastructure provides the scalability and reliability needed to support high-traffic online gaming platforms, ensuring seamless user experiences even during peak periods.
Rickard Vikström, CEO and founder of Internet Vikings, emphasized the significance of these solutions: “Our VMware cloud hosting solutions are designed to support the iGaming and online sports betting markets with the highest levels of performance, security, and compliance.” This statement reflects the company’s commitment to leveraging advanced technology to meet and exceed industry standards, particularly in highly regulated markets like Arizona.
Regulatory Approvals and Market Expansion
Securing regulatory approvals is a crucial aspect of operating in the iGaming industry. Internet Vikings’ recent authorization from the Arizona Department of Gaming is a key endorsement of its cloud hosting solutions’ compliance with state regulations. This approval not only validates the company’s technological capabilities but also enhances its credibility and attractiveness to potential clients in the region.
The company’s expansion into Connecticut also highlights its strategic approach to growth. By entering new markets and obtaining necessary licenses, Internet Vikings demonstrates its ability to adapt to different regulatory frameworks and capitalize on emerging opportunities. This approach not only broadens the company’s market reach but also strengthens its position as a leading provider of iGaming hosting solutions.
Industry Impact and Future Outlook
The approval from Arizona and the expansion into Connecticut are significant developments for Internet Vikings and the broader iGaming industry. These milestones illustrate a growing acceptance and integration of advanced cloud technologies in the online gaming sector. As more states continue to regulate and legalize online sports betting and gaming, the demand for reliable and compliant hosting solutions is likely to increase.
Looking ahead, Internet Vikings is well-positioned to continue its growth trajectory. The company’s focus on technological innovation, coupled with its successful navigation of regulatory landscapes, sets the stage for further expansion and market leadership. The iGaming industry, which is rapidly evolving with new technologies and regulatory changes, will likely benefit from the advancements and solutions provided by companies like Internet Vikings.
Internet Vikings’ recent achievements in securing approval for its VMware-based private cloud hosting solutions in Arizona represent a significant milestone in the company’s growth and the iGaming industry’s evolution. By leveraging cutting-edge technology and navigating complex regulatory environments, Internet Vikings continues to set the standard for online gaming hosting solutions. As the industry progresses, the company’s innovative approach and strategic expansions will play a crucial role in shaping the future of iGaming.