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The 9th Invest Cyprus International Investment Awards: Parimatch Tech

The 9th Invest Cyprus International Investment Awards: Parimatch Tech

On September, Wednesday 8, under the auspices of President Nicos Anastasiades, the ceremony for the 9th Invest Cyprus International Investment Awards took place in the lawns of the Presidential Palace, celebrating foreign companies for the investments they made and their contribution to the business world of the country.

Parimatch Tech was one of the companies to receive an award. 

Parimatch was established in 1994 and, in 2017, having developed into an international holding company with offices in seven countries, it decided to transfer its Head Office to Cyprus. It has since grown into a global entertainment platform and international gambling network that has handled over US$2 billion in bets. Recently, Parimatch Holding announced its evolution into Parimatch Tech to highlight its transition from a traditional betting company to a fully digitalised and product-focused technology business. Parimatch Tech will continue to promote the Parimatch brand globally, while providing technology and marketing solutions to the gaming and entertainment industry.

After listening carefully to what players in Cyprus were requesting, the company recently launched a completely revamped sportsbook platform with state-of-the-art apps for iOS and Android, providing a very user-friendly platform. The company has gained a global reputation as one of the top operators and it is continuously aiming even higher. Although the Cypriot market is small, it is mature with high player demands and major betting brands operating under the National Betting Authority. Parimatch Tech implements Responsible Gaming guidelines and adheres to all the regulator’s requirements, while giving back to Cypriot society through its various CSR actions.

 

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