The move comes on the back of the company’s strong growth in 2015 and into 2016 and has also been motivated by Gibraltar’s status as a global center for top-tier gambling operators and service providers.
Pariplay, which was founded in 2010, has been approved by the HM Government of Gibraltar for a Remote Gambling license, allowing the technology company to join an elite group of gambling operations with a presence in the British overseas territory located on the southern Iberian Peninsula.
These include some of the global gambling industry’s biggest operators such as Ladbrokes, bwin.party, BetVictor, Gamesys, and Gala/Coral Interactive, as well as technology firms such as NetEnt, NYX Gaming, IGT (Gibraltar) Ltd., and Bally Technologies.
The move by Pariplay follows the company enjoying sustained growth in its two core business areas. These are, firstly, to provide iGaming, social gaming and iLottery operators as well as land-based casinos with platforms to streamline their operations, and, secondly, to develop a portfolio of top-tier games for operators, including branded and unique and unique casino slots, instant win, scratch cards and bingo games.
While the company has expanded rapidly over the course of its six-year history, Pariplay has experienced particularly strong growth in 2015 and this year. From Q3 2015 to date, the company has launched a range of new games and products as well as unveiling partnerships with leading iGaming service providers and operators.
“Our move to Gibraltar marks the next stage in Pariplay’s long-term roadmap to expand our business into a top-tier iGaming technology company,” said Gili Lisani, founder and CEO of Pariplay Ltd. “Given Gibraltar’s status as Europe’s most important hub for gambling firms, we’re delighted to relocate our headquarters to a space where some of the industry’s biggest operators are located as well as our main competitors – moving to Gibraltar shows that Pariplay means business.”