VBET

VBET is an international online gambling company headquartered in Armenia. It was founded in 2003 by Vigen and Vahe Badalyan, VBET offers a platform for sports betting, online casino, live casino, poker, eSports and other online games. It is a part of Betconstruct, a global technology and services provider for the gaming industry.

VBET
Formerly
VivaroBet
(2003–2015)
Private
IndustryOnline gambling
Founded2003
FounderVigen Badalyan [1]
HeadquartersYerevan, Armenia
Areas served
Europe, Asia, South America
ProductsSportsbook, Live Casino, Casino & Games, Poker, Bingo, Lottery, eSports
ParentBetconstruct [2]
Websitewww.vbet.com

History

The company was founded in 2003 under the name Vivaro by the Badalyan brothers [3], Armenian entrepreneurs, it started as a land-based bookmaker. The name of the company bore the initials of the two founding brothers (Vigen and Vahe), as well as that of their father (Roman).

In 2006, Vivaro launched its first-ever online betting website, a novelty in Armenia, as at the time online services were rare in the country and were just being introduced to the general public.

By 2009, Vivaro had more than 300 gambling parlors across the country. Over the next years, the company continued its expansion and started to diversify its offers and services.

In 2014, the company launched itself on the international market with a new name and identity, thus becoming VBET. It acquired the Curacao License in 2014 and was approved by the MGA (Malta Gaming Authority) in 2015 [4], the UKGC [5] ( United Kingdom Gambling Commission) and the ANJ [6] ( France's National Gaming Authority) in 2017 and the SGA [7] (Swedish Gambling Authority) in 2020.

Partners, ambassadors and sponsorships

Partners

In 2019, VBET signed a partnership agreement with Arsenal FC [8] and is now Arsenal’s Official Betting and Gambling partner.

In the same year, VBET partnered with Univent to promote the boxing event between WBA Super World Cruiserweight Champion, Arsen Goulamirian and the Australian, Kane Watts, in Paris. VBET also sponsored Goulamirian's next fight against Constantin Bejenaru in Marseille.

  • Arsenal - VBET Partnership

Local sponsorships

VBET sponsors several Armenian teams and events.

Since 2019 VBET is the headline sponsor of the Armenian Cup and the Armenia Basketball League A.

In 2020 VBET started supporting the developing Pétanque scene in Armenia by sponsoring events [9].

Ambassadors

In 2019, VBET announced its new ambassadors, Youri Djorkaeff [10], Iveta Mukuchyan, Super Sako, and Ray Parlour [11].

  • Ray Parlour
  • Iveta Mukuchyan
  • Youri Djorkaeff

Awards and recognition

VBET won the nomination for the Best Online Operator of the Year 2018, at the BEGE Awards [12].

In 2020, VBET won the BR Award, Best Betting Company in Armenia [13].

gollark: Here is your next ethical question. What do you do, as an ethics person who is ethical?
gollark: What is the most ethical thing to do in this situation?
gollark: I guess I win against Luca and Kc5f, and draw against Lemmmy.
gollark: Well, they all check out.
gollark: `DxzPEFimIU paper` (I'm using SHA256, of course).

References
  1. "Vigen Badalyan's bio". gaminginternational.online.
  2. "BetConstruct". betconstruct.com.
  3. "Vivaro's history". www.gamblinginsider.com.
  4. "MGA License". www.authorisation.mga.org.mt.
  5. "UKGC License". secure.gamblingcommission.gov.uk.
  6. "ANJ License". anj.fr.
  7. "SGA License". egr.global.
  8. "Arsenal Partnership". www.arsenal.com.
  9. "The newly formed pétanque scene in Armenia". www.facebook.com.
  10. "Youri Djorkaeff and Iveta Mukuchyan VBET's new ambassadors". www.igamingtimes.com.
  11. "Ray Parlour's tweet". twitter.com.
  12. "BEGE Awards". www.balkangamingexpo.com.
  13. "BR Awards". www.bookmaker-ratings.com (in Russian).

Official website

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