BlueBet Holdings Ltd. announced that it has been licenced in the state of Iowa by the Iowa Racing and Gaming Commission, and will soon take its first US bets under its ClutchBet brand. This is a significant milestone for the Company, being its first online sportsbook operation in the US as it executes its "Capital Lite" US market entry. BlueBet's proprietary technology platform has been certified and approved by Gaming Laboratories International (GLI) after a successful verification and testing process.

With market access also secure in Colorado, Louisiana and Indiana, BlueBet has the platform to execute the first stage of its differentiated "Capital Lite" US entry strategy, being to launch its US B2C brand ClutchBet to demonstrate the capability of its technology and team to run profitable sportsbooks in the US.