Social betting app Kiggit has officially confirmed that it has been awarded a UK Gambling Commission remote operator license.
Within the coming months, the Copenhagen start-up will now move to launch its social pool betting app in the UK on both Android and iOS.
“A mix of Betfair’s Exchange and The Football Pools” – Kiggit describes itself as a hybrid betting product. Its app allows users to create bet slips and participate in daily and weekly pools and even bet against a group of friends.
Kiggit CEO and founder Jakob Hagemann commented: “Although the process has required a lot of work on documentation for the UK Gambling Commission, we now feel this has really paid off and that we have solid IP on our hands with the license.”
Obtaining a UKGC license, Kiggit management will move to fully integrate a real-money wagering and payment solution in its app. The app will be launched for customers in the UK following a beta testing period, with a view of engancing its upcoming release.
Commenting on the future ambitions for the start-up, Hagemann further added:
“We aim to position Kiggit as a leading social betting app, but also take a shot at the traditional pools providers. We simply believe our tech stack is ready and our Nordic focus on UX has what it takes to enter the highly competitive UK market. We aim for a deeper social integration, whereas more traditional operators consider it social to simply have a Facebook page.”