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.

History

The company was founded in 2003 under the name Vivaro by the Badalyan brothers, Armenian entrepreneurs, it started as a land-based bookmaker. The name of the company bore the initials of the two founding brothers, as well as that of their father.
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 in 2015, the UKGC in 2017, the ANJ in 2018 and the SGA in 2020.

Partners, ambassadors and sponsorships

Partners

In 2019, VBET signed a partnership agreement with Arsenal FC 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.

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.

Ambassadors

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

Awards and recognition

VBET won the nomination for the Best Online Operator of the Year 2018, at the BEGE Awards.
In 2020, VBET won the BR Award, Best Betting Company in Armenia.