OKBet Launches Esports and Sports Betting in Australia

According to OKBet Online Casino, a globally authorized sports betting and media organization, online esports and traditional sports betting are now available in Australia. After launching in Ontario last month, the Company has already accepted the first deposits and wagers, becoming Australia the next regulated market for OKBet.

The launch comes after the Northern Territory Racing Commission (Australia) granted OKBet’s sports bookmaker license earlier this year in accordance with the Racing and Betting Act 1983 (NT), enabling the Company to lawfully conduct business throughout the whole nation.

Co-founder and CEO of OKBet, expressed his excitement about bringing the game to Australian users. “We have a totally different strategy from traditional betting providers, and we’ve had great success all around the world with Gen Z and young Millennials. As we ramp up services throughout the duration of 2022, we cannot wait to begin developing our brand equity in Australia through a number of creative activations and campaigns. We will prioritize supporting and fostering the esports and gaming communities, as we do everywhere.

The complete OKBet sports book is available to Australian citizens at www.OKBet.com. They can bet on the complete range of conventional sports, including basketball, boxing, football, and more. On the Company’s website referenced above, OKBet also provides betting on esports such as Dota 2, League of Legends, Counter-Strike: Global Offensive, and many other games.

About Okbet

OKbet online casino games and sports betting are some of the most favorite activities of many gambling enthusicast across the globe and this popularity pretty much paved the way for the creation of OKBET and OKBET Sports. OKBET Philippines is a world-class online casino that is approved and licensed by Philippine Amusement and Gaming Corporation (PAGCOR). It has made a name for itself regarding fair play, safety, security, and everything in between.

Unlike other online casino entities out there, it’s safe to say that we at OKBET, are in league of our own when it comes to offering the best gaming experience. On top of this, we go the extra mile to care for our customers. Not only do we make sure that our customers enjoy immediate winnings and payouts, we also offer a fun and entertaining gaming atmosphere, we also offer them in a secure manner.

We know that online casino games and sports betting are not just simple activities people turn to have fun. They have become popular for a reason. And we at OkBet know this, that is why we make it a point to do our role to ensure that Internet-based OKBET casino games, as well as sports betting activities, are as fun, exciting, and hassle-free as advertised. This, regardless if they’re newbies who are looking to hone their gambling skills or experienced players who are accustomed to pressure.

Cautionary Note Regarding Information and Statements That Are Forward-Looking

In accordance with the applicable Canadian securities rules, this news release includes a few “forward-looking statements.” Forward-looking statements include all statements, excluding statements of historical or current fact. The words “anticipate,” “achieve,” “could,” “believe,” “plan,” “intend,” “objective,” “continuous,” “ongoing,” “estimate,” “outlook,” “expect,” and similar words, including negatives thereof, that suggest future outcomes or that specific events or conditions “may” or “will” occur, are frequently, but not always, used to identify forward-looking statements. These assertions are merely forecasts. The company’s future and activities in Australia are only a few examples of the forward-looking statements in this news release.

The management of the company at the time the statements are made, based on the information then available to the company, has made these forward-looking statements. The estimates or projections outlined in forward-looking statements are made using a variety of assumptions and circumstances. A number of known and unknown factors, risks, and uncertainties, many of which are outside of the company’s control, could cause the actual performance and results of the company to materially differ from any projections of future performance or results made in or implied by such forward-looking statements. The ability to obtain and maintain necessary licenses; the fact that the esports and sports betting industries are heavily regulated; the complex and changing regulatory environment for the online gaming and online gambling industries; the fact that the success of esports and other betting products is not guaranteed; changes in the general public’s perception of the esports and on-line gambling industries are some of these factors, among others. Please refer to the Company’s prospectus dated September 17, 2021 and other disclosure materials located on the Company’s SEDAR profile at www.sedar.com for more information on additional risks.

It is impossible to predict with certainty whether the expectations represented in forward-looking statements will come to pass. The Company cannot guarantee to shareholders that actual results will be consistent with such forward-looking statements because there may be other factors that cause results to differ from what is anticipated, estimated, or intended, even though the forward-looking statements contained in this news release are based on what management of the Company believes, or believed at the time, to be reasonable assumptions. The facts and forward-looking statements in this news release should not be relied upon excessively by readers. The company does not commit to updating any forward-looking information and/or forward-looking statements contained or referred to herein, except in accordance with applicable securities laws. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release.