Posts Tagged ‘best sports betting software’

Sports betting will gain from UK crackdown on slot machines: Playtech CEO

(Reuters) – If the UK government makes good on promises to cut stakes on fixed odds slot machines, consumers and gambling shops will flip to sports betting terminals instead, the head of the world’s largest gambling software maker said on Thursday.

The Conservative administration is currently deciding on a new lower top limit per spin for fixed odds betting terminals (FOBTs) after a review showed that the current 100 pound ($139) limit fuels addiction and drives casual gamblers more easily into debt.

Gambling companies William Hill and Ladbrokes have warned of job losses and shop closures if the stake is cut to as low as 2 pounds on the touch-screen machines that allow players to bet on roulette, poker and Black Jack.

Mor Weizer, chief executive of London-based Playtech, which makes the software for the machines, said chains would likely use a loophole that puts no limit on the number of sports betting machines in a shop to push the same business elsewhere.

“I believe that if FOBTs would be impacted, self-service betting terminals (SSBTs), a similar machine for sporting results, would enjoy additional benefits,” he told Reuters in an interview.

“There is no restriction on the number of machines you can have at a shop.”

There are almost 8,800 betting shops in the UK and each is allowed a maximum of four FOBTs. There is no cap on the number of sports machines, which allow players to bet on the results of soccer games or horse races.

Reporting by Rahul B in Bengaluru; editing by Patrick Graham

Article source: https://www.reuters.com/article/us-playtch-gambling/sports-betting-will-gain-from-uk-crackdown-on-slot-machines-playtech-ceo-idUSKCN1G61H8

Global Regulatory Awards 2018 BtoBet shortlisted as Compliance Innovator of the Year

BtoBet’s accomplishments in the iGaming and Sports Betting industry are proceeding apace. Immediately after the ICE Totally Gaming show, the international technology partner was shortlisted for the Global Compliance Regulatory Awards for the category Compliance Innovator of the Year.

GLOBAL REGULATORY AWARDS 2018 BTOBET SHORTLISTED AS COMPLIANCE INNOVATOR OF THE YEARAfter celebrating important achievements and awards in 2017, as best sports-betting innovator and platform provider, BtoBet has now been selected amongst the top compliant companies in the industry for 2018. Thanks to its deep understanding of regulated markets and its knowledge of operators and bookmakers’ target focus in many jurisdictions – in Europe, Africa and Latam –  BtoBet once again is perceived as a reliable multinational partner to expand worldwide, having a full capability to help licensees choose the right method to fulfill their business strategies in regulated countries.
Additionally, in the perspective of ensuring data integrity and data protection for clients, BtoBet is preparing the compliance with the new GDPR law that kicks in end of May 2018.
The Gambling Compliance Global Regulatory Awards will recognise individuals and teams, shining the spotlight on their achievements on 18th April, during a gala dinner in London’s Sheraton Grand Park Lane hotel.

Commenting on the Awards, BtoBet’s Chairman, Alessandro Fried highlighted:

“We are proud to see the recognition of BtoBet’s commitments to ensure operators’ brands are present globally, at the same time, fully respecting the regulation of the local markets and jurisdictions. Our flexible, advanced and scalable multi-jurisdiction platforms, Neuron Sports and Neuron Games, meet the licencees needs of personalisation in many structured markets, also in the most strict ones, offering them a global exposure of their brands and, at the same time, ensuring direct focus on the local players’ preferences, countries’ infrastructures and payment methods.”

About BtoBet

BtoBet is a multinational company and is part of a group with 20 years of experience in software development in IT, finance, telecommunication, e-commerce and banking, strongly committed to technology and widely investing in technology research and development. The experience gained in these advanced environments, allows BtoBet to be visionary in the iGaming and Sports betting industry with a deep understanding of the requirements of the market, catching changing trends and anticipating bookmakers’ and operators’ needs. BtoBet is a true partner in technology, offering a standalone platform and services for the iGaming and Sports Betting industry. It counts on a very talented, continuously trained development team and day to day management support to clients. BtoBet allows licensees to be unique in the market, by giving them the opportunity to completely personalise their offers for Sports betting and iGaming business, online mobile and retail. BtoBet has technical branches with large ever-growing teams of developers in Skopje, Ohrid, Bitola, Belgrade, Nish, Tirana, and Rome. Malta hosts the commercial and marketing centre. Visit our site on: www.btobet.com

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Article source: https://calvinayre.com/2018/02/22/press-releases/global-regulatory-awards-2018-btobet-shortlisted-compliance-innovator-year/

Global Regulatory Awards 2018 BtoBet shortlisted as Compliance Innovator of the Year

BtoBet’s accomplishments in the iGaming and Sports Betting industry are proceeding apace. Immediately after the ICE Totally Gaming show, the international technology partner was shortlisted for the Global Compliance Regulatory Awards for the category Compliance Innovator of the Year.

GLOBAL REGULATORY AWARDS 2018 BTOBET SHORTLISTED AS COMPLIANCE INNOVATOR OF THE YEARAfter celebrating important achievements and awards in 2017, as best sports-betting innovator and platform provider, BtoBet has now been selected amongst the top compliant companies in the industry for 2018. Thanks to its deep understanding of regulated markets and its knowledge of operators and bookmakers’ target focus in many jurisdictions – in Europe, Africa and Latam –  BtoBet once again is perceived as a reliable multinational partner to expand worldwide, having a full capability to help licensees choose the right method to fulfill their business strategies in regulated countries.
Additionally, in the perspective of ensuring data integrity and data protection for clients, BtoBet is preparing the compliance with the new GDPR law that kicks in end of May 2018.
The Gambling Compliance Global Regulatory Awards will recognise individuals and teams, shining the spotlight on their achievements on 18th April, during a gala dinner in London’s Sheraton Grand Park Lane hotel.

Commenting on the Awards, BtoBet’s Chairman, Alessandro Fried highlighted:

“We are proud to see the recognition of BtoBet’s commitments to ensure operators’ brands are present globally, at the same time, fully respecting the regulation of the local markets and jurisdictions. Our flexible, advanced and scalable multi-jurisdiction platforms, Neuron Sports and Neuron Games, meet the licencees needs of personalisation in many structured markets, also in the most strict ones, offering them a global exposure of their brands and, at the same time, ensuring direct focus on the local players’ preferences, countries’ infrastructures and payment methods.”

About BtoBet

BtoBet is a multinational company and is part of a group with 20 years of experience in software development in IT, finance, telecommunication, e-commerce and banking, strongly committed to technology and widely investing in technology research and development. The experience gained in these advanced environments, allows BtoBet to be visionary in the iGaming and Sports betting industry with a deep understanding of the requirements of the market, catching changing trends and anticipating bookmakers’ and operators’ needs. BtoBet is a true partner in technology, offering a standalone platform and services for the iGaming and Sports Betting industry. It counts on a very talented, continuously trained development team and day to day management support to clients. BtoBet allows licensees to be unique in the market, by giving them the opportunity to completely personalise their offers for Sports betting and iGaming business, online mobile and retail. BtoBet has technical branches with large ever-growing teams of developers in Skopje, Ohrid, Bitola, Belgrade, Nish, Tirana, and Rome. Malta hosts the commercial and marketing centre. Visit our site on: www.btobet.com

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Article source: https://calvinayre.com/2018/02/22/press-releases/global-regulatory-awards-2018-btobet-shortlisted-compliance-innovator-year/

RHL: Putting sports betting at your fingertips with TOUCH SPORT

Rhineland (RHL) has announced the launch of ‘TOUCH SPORT’, a table top, wall mounted or freestanding kiosk terminal which puts the complete betting experience at your players’ finger tips.

With a 19” touch monitor, the interface is easy to operate and overview, while RHL has acknowledged the differences in gambling laws from country to country by offering a strong industrial PC that manages any challenges regarding software.

Kim Bekker, the company’s EU Sales Manager, told TotallyGaming.com: “The launch of ‘TOUCH SPORT’ is the product of RHL’s overall experience in building betting terminals to a great extent in collaboration with the individual customer, and we have high expectations for ‘TOUCH SPORT’.

“We are confident that the stylish design will last for many years. Of course, as with all our products, we will continuously develop ‘TOUCH SPORT’ so it’s always contemporary and meets all the requirements and standards our customers may have.

“The product comes in stable coated stainless steel, with 19” touch monitor, pin pad, card reader, printer, coin* and note acceptor (*only on free standing kiosk) and industrial pc. It is a typical RHL product, the best solution for a complete betting experience, at your players finger tips.”

The ‘TOUCH SPORT’ launch wasn’t quite ready for last month’s ICE expo, where RHL said they drew a “huge amount of inspiration” and some important new contacts for 2018, but comes just a month after the release of ‘Phase One’, a slot-machine cabinet where you can install any slot game with corresponding feature games on the top screen.

Totally Gaming says: ‘TOUCH SPORT’ is the latest in a line of gambling solutions produced by RHL, who continue to manufacture and assemble all products at its own factory. As a sports betting based product that can be ‘table topped’ or ‘wall mounted’, it does not take much space, but still retains an interface that is easy to operate for the customer

Article source: https://totallygaming.com/news/betting/rhl-putting-sports-betting-your-fingertips-touch-sport

Playtech welcomes former UKGC senior manager Richard Bayliss …

New appointment to Compliance team brings vital regulatory experience

Playtech welcomes former UKGC senior manager Richard BaylissLondon, February 19th, 2018 – Playtech, the world’s leading Omni-channel gaming software, systems and services supplier, is pleased to announce the appointment of Richard Bayliss, former Senior Online Manager at the UK Gambling Commission, to its Compliance team as Regulatory Compliance Manager.

In his new role Richard will play a key part in leading the direction of Playtech’s responsible gambling initiatives.

Ian Ince, Group Head of Regulatory Affairs, Playtech, said: “Everyone at Playtech is delighted to welcome Richard. With a wealth of experience with UKGC, his insight will be a major bonus as we strive to stay at the forefront of regulatory compliance developments. I’m certain he will be an invaluable addition to the team.

“A commitment to promoting responsible gambling and fostering a safe and entertaining environment for players is central to everything we do at Playtech. Richard’s appointment and his enthusiasm for joining Playtech demonstrate the strength of that commitment, and is a key part of our ongoing investment in exceeding regulatory expectations.”

During his 11 years with the UK Gambling Commission, Richard played a central role in monitoring technological and product innovation within the gambling industry and assessing their potential impact on the British regulatory system.

Richard Bayliss, said: “After more than a decade assessing the regulatory impact of technological developments in the industry, I’m looking forward to seeing some of these developments first-hand in my new role. Playtech has long had a reputation as a major innovator in online gambling, and I’m very excited to be joining the team.”

About Playtech

Playtech is a market leader in the gambling and financial trading industries. Founded in 1999 and listed on the Main Market of the London Stock Exchange, Playtech has more than 5,000 employees in 17 countries.

Playtech is the gambling industry’s leading software and services supplier and partners with many of the world’s leading regulated online, retail and mobile operators, land-based casino groups, government sponsored entities such as lotteries, and new entrants opening operations in newly-regulated markets. Its business intelligence-driven gambling software offering includes casino, live casino, bingo, poker and sports betting.

It is the pioneer of Omni-channel gambling which, through Playtech ONE, offers operators and their customers, a seamless, anytime, anywhere experience across any product, any channel (online, mobile, retail) and any device using a single account and single wallet. It provides marketing expertise, sophisticated CRM solutions and other services for operators seeking a full turnkey solution.

Playtech’s Financials division operates both on a B2C and B2B basis. Its B2C focused offering is an established and growing online CFDs broker, operating the brand markets.com. Its B2B offering includes the division’s proprietary trading platform, CRM and back-office systems, as well as its liquidity technology platform which provides retail brokers with multi-asset execution, prime brokerage services, liquidity and complementary risk management tools.

For further information, contact:

Playtech plc
Mor Weizer, Chief Executive Officer
+ 44 (0) 20 7466 5000

Andrew Smith, Chief Financial Officer
c/o Buchanan Communications
+44 (0)1624 645954

James Newman, Head of Investor Relations
Buchanan Communications
David Rydell

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Article source: https://calvinayre.com/2018/02/19/press-releases/playtech-welcomes-former-ukgc-senior-manager-richard-bayliss/

Playtech bets on diversity to overcome gambling clampdown

Keep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust.

Article source: https://www.ft.com/content/e3b25384-10ab-11e8-940e-08320fc2a277

Newgioco Group (NWGI) Strong Fundamentals, Expanding Network and Premier Sports Betting Technology Driving …



– Q4 results show robust growth

– Launches payment gateway technology

– Mobile betting to continue to drive growth

The last week was tumultuous for the global equity market. In the U.S., the SP 500 posted its worst weekly losses in more than two years. Meanwhile, exchange traded funds bullish on the benchmark index saw record outflows last week, indicating that there could be more pain for global equity investors.

The sharp pullback in equities comes after a period of relative calm. The reason for the sell-off last week was expectations that inflation is finally returning after years of cheap money and deflation worries. What investors are particularly worried is the impact higher interest rates would have on an economy used to cheap money and near-zero rates for almost a decade.

While sell-offs like the one last week can shake investors’ confidence, they also create buying opportunities. In fact, during sell-offs like these, small cap stocks are the hardest hit as they are deemed to be riskier. But on several occasions, the sell-off is not justified especially if business fundamentals remain solid.

One such opportunity in the small cap space was created last week. Newgioco Group (NWGI) shares tumbled 20% last week. This sharp decline though is not justified considering the recent news flow involving NWGI. In fact, as the market rebounded sharply on Monday, NWGI shares surged more than 13%, wiping off most of the losses from last week. However, there still remains a buying opportunity, especially when you consider the recent progress NWGI has made.

NWGI is a promising company in the global gaming arena. After two disappointing years, the global gaming industry saw a revival last year and NWGI stands to benefit from this trend. Another important tailwind for NWGI is the fact that more and more states in the U.S. are looking to legalize sports betting. NWGI directly stands to benefit from this trend.

While NWGI is incorporated in the state of Delaware, the company’s focus market currently is Italy. In 2016, the regulated online leisure gaming market in Italy was valued at $1.2 billion, according to a report from the Polytechnical Institute of Milano. The market saw substantial growth in 2016 and trend also continued in 2017 as by the end of the year the market was estimated to have reached $1.8 billion. If figures for 2017 do meet expectations, then we are talking about a 50% growth in the market.

This robust growth in the Italian market has allowed NWGI to register strong operational numbers. For example, in 2016, the company saw 43% growth in betting turnover. Recently, NWGI reported strong transactions growth for the fourth quarter of 2017. The company reported that sport betting volumes in the fourth quarter of 2017 rose 25% on a year-over-year basis to $32 million. Gross gaming profits were $6.5 million in the quarter, which is the highest for any quarter in NWGI’s history. Gross gaming profits rose 82% on a year-over-year basis.

In the fourth quarter of 2017, casino and other brand sales rose by 10% to $23 million. Virtual bets rose 59% to $8.17 million.

The growth in the gaming industry, as in most industries, is being driven by mobile betting. In its core market of Italy, NWGI expects this trend to benefit it significantly over the coming years. And this was evident from the significant increase in mobile betting processing volume for fourth quarter. The company reported that its mobile processing volume for the quarter rose to 38% of total transactional volume, representing an increase of 7 percentage points. NWGI is benefiting from the launch of its new mobile betting app in the fourth quarter of 2017.

NWGI Chairman and CEO noted that the successful execution of revenue growth plan is now yielding results for NWGI as the company is exceeding its business plan projections well in advance of the implementation of its 2018 acquisition strategy. The CEO further added that the positive surprise gives the company better visibility and confidence in continued revenue growth throughout 2018 having started the year with all its systems and business verticals integrated and stabilized.

NWGI is also benefiting from increased marketing and branding efforts that allow NWGI to increase market penetration. Although the Italian market is growing at a robust pace and is one of the largest in Europe for online leisure gaming, the penetration is only 5%. As more people switch to online betting, NWGI stands to benefit as it is one of the biggest players in that market.

Recently, the company took further steps to strengthen its position in Italy with the signing of four new online gaming networks in the country. NWGI noted that the new operators expand its fast-growing online distribution to regions previously not covered by its webshop locations bringing the total retail stores to approximately 1,300 and increases the number of websites distributing the NWGI brands to eight. In addition, NWGI expects to add approximately 20,000 registered players to its regulated online gaming network from these operators and expanding its newgioco.it brands which now include originalbet.it; lovingbet.it; timetobet.it; clubgames.it; mixbet.it; imperialbet.it; quibet, resulting in projected annual turnover growth of $12 million in sports betting and $36 million in casino sales.

NWGI also announced recently that it has launched NG PAY, a payment gateway, under a licensing agreement with Euronet Worldwide Inc. The payment gateway is a multi-service platform that offers NWGI customers virtual distribution, through its private circuit, of products and ancillary services such as telephone top-ups, processing of digital product transactions as well as the distribution of gift cards for major global brands such as Amazon, Netflix and PAYTV programming in Italy.

Underlying this development, NWGI stated the NG PAY program also paves the way for their integrated digital and crypto accessible betting wallet and blockchain technology strategy on their leading-edge betting software.

The recent developments have further strengthened the NWGI story and the recent pullback has allowed an excellent opportunity to go long.

Disclaimer:

Except for the historical information presented herein, matters discussed in this release contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance, or achievements expressed or implied by such statements. WFM, Inc. is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. For full disclosure, please visit: http://wwfinancial.com/legal-disclaimer/.

Article source: http://www.baystreet.ca/stockstowatch/3102/Newgioco-Group-NWGI-Strong-Fundamentals-Expanding-Network-and-Premier-Sports-Betting-Technology-Driving-Value

PricePerPlayer.com to Expand into the Asian-American Market …

February 16, 2018 – PricePerPlayer.com is expanding into the Asian-American market after a successful test pilot in various regions of North America. The software development and sportsbook pay per head provider began testing their platforms in the Korean language last August of 2017. The results were positive and it just made sense for PricePerPlayer.com to expand into the Asian-American market at full speed.

The first step the company took was to hire and train a multi-lingual staff that specializes in Asian languages. The pilot program began by making the PricePerlayer.com website and software available in the Korean language. After a successful round of tests, the company is in the process of to fully translating the PricePerPlayer.com website, their sportsbook pay per head platform and sports betting software into various Asian languages

As of yesterday, the company website is now available in Mandarin Chinese, Japanese, Korean, Filipino and Vietnamese. These languages were chosen because they make up the majority of Asian-Americans in the United States. The company expects to have its sports betting platform and Pay Per Head services fully integrated in the remaining Asian languages by the end of May.

Asian Americans make up 5.6% of the entire U.S. population. Out of those, 3.69 million are Chinese-Americans, 3.41 million are Filipino, 1.73 millions are Vietnamese, 1.7 million are Korean and 1.3 million are Japanese. In addition, Asia is the second largest region of birth of U.S. immigrants after Latin America.

“After 6 months of testing our Korean platform, we are happy to say that it did better than expected and we are ready to roll our platform into the rest of Asian-American.” said Josh Ingram, the director of marketing and operations for PricePerPlayer.com.

With the new Asian multi-lingual platform, the company expects to raise their revenue by as much as 30%. This is because it will open more opportunities for its agents, clients and partners to expand into a culture that accepts gambling as part of their lifestyle. In fact, some casinos and card rooms in California have stated that 80% of their revenue comes from Asian-American clients.

The decision to expand into the Asian-American market was also done because of a high demand for a sports betting platform in Asian languages. Several of their clients that use their services had been requesting a platform in Chinese, Korean and Filipino.
Looking into the future of the company as a top gambling software provider,

PricePerPlayer thought that the time was right to expand into new markets. In addition if the ruling of the Supreme Court case, Christie v. NCAA is in favor of striking down the federal law that prevents states from allowing sports betting, this would give the company a head start in expanding their software into different parts of the United States.

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Article source: https://chicagoeveningpost.com/2018/02/16/priceperplayer-com-to-expand-into-the-asian-american-market/

Call For Betting Providers To Apply For Licenses May Contradict Existing NJ Law

A recent call to action by New Jersey Department of Gaming Enforcement Director David Rebuck reverberated around the international gambling industry. Rebuck told sports betting operators in no uncertain terms that the application process is open for sports betting service providers, effective immediately.

Rebuck was giving an address at ICE Totally Gaming, Europe’s biggest annual gambling industry conference that takes place in London every winter. The conference is the essential industry event on the European calendar, drawing CEO’s, legislators, regulators, media and investors from around the world. Rebuck’s presence, and announcement, showed exactly why so many major players show up every year.

Setting aside the hype, though, Rebuck’s pronouncement raised more questions than answers. One of those questions is pretty simple. Does this mesh with the state law passed in 2014 to repeal sports betting prohibition?

PASPA and New Jersey’s history in sports betting

In the early 90’s, New Jersey had a chance to avoid the situation they find themselves in today. The Professional and Amateur Sports Protection Act (PASPA), which effectively prohibits sports betting in 46 US states and limits it to sports lotteries in 3 others, went into effect January 1st, 1993. New Jersey had a 1-year window to legalize sports betting, and the year passed without action.

A couple of decades later, the NJ Legislature and Governor Chris Christie began a multi-year effort to legalize sports betting in the Garden State. This effort led to the eventual passing of NJ S2460, the summary of which reads:

Partially repeals prohibitions, permits, licenses, and authorizations concerning wagers on professional, collegiate, or amateur sport contests or athletic events.

The law does not necessarily legalize sports betting, but rather removes the prohibition on it and clears the way for sports betting that is not regulated by the state. The situation has highlighted a possible loophole in PASPA, which technically only bans state-regulated betting. This distinction, along with PASPA’s overall constitutionality has been subject to court battles ever since and has culminated in a US Supreme Court case.

While the verdict of Christie v. NCAA has yet to be determined, Rebuck’s statement at ICE served two purposes. First, a show of confidence that New Jersey will be allowed to offer sports betting within its borders, and soon. And secondly, that the state is anxious to see this industry get off the ground, and is trying to push ahead with the process.

What exactly can companies apply for?

Rebuck is pushing providers, mostly companies that provide services to companies who actually take bets, to forego waiting for the Supreme Court verdict and start their application today. According to ESPN’s David Purdum, Rebuck made the following statement earlier today:

The type of license these providers would be seeking is a Casino Industry Service License, which is given to entities that are not directly interacting with end customers in New Jersey but are involved in the offering. The up-front fee for such a license is $5,000, and the application requires resubmission (but not a new payment) every five years.

Companies that provide software platforms, payment solutions and the like to providers would likely be first in line if they haven’t applied already.

Contradicting S2460

Lost within this discussion, though, is that S2460 was crafted specifically to get around PASPA by keeping the state out of the regulatory picture.

There’s a scenario in which the Supreme Court does not rule PASPA unconstitutional but does uphold the 2014 New Jersey statute. If this turns out to be the case, sports betting could presumably go ahead in New Jersey without state regulation. This doesn’t mean it would be unregulated – just that it would be regulated by someone other than a state agency.

If this is the outcome – and many following the case believe it could be – this has the potential to leave newly providers in a bit of an odd situation. They’ve applied – possibly even been approved – for a state license to be part of an activity that the state is prohibited from regulating.

Why it may not matter

There are plenty of reasons this discussion could end up moot, the most likely being that the Supreme Court issues an opinion more definitive than the one described above, declaring PASPA unconstitutional in its entirety.

In the so-called “partial repeal” scenario, the licensees will have to be regulated by an outside entity, and surely that vetting process will be expedited as much as possible with as much help from the DGE as they can legally provide. But having applied for a state license to provide sports betting related services is a bit of an awkward precursor to providing services that must be regulated by a non-government entity.

If the middle ground verdict is the ultimate outcome of the case, this situation could lead to any number of additional court battles, or the state having to rethink its plan entirely.

Article source: https://www.njonlinegambling.com/rebuck-apply-licenses-state-law/

Playtech secures a multi-year online deal with SAS – European …

Playtech, the world’s largest supplier of online gaming and sports betting software secured a trail-blazing deal with Sociedade de Apostas Sociais (SAS), Portugal’s largest online gaming and betting operator to offer its most contemporary IMS player management platform and new sportsbook offering.

SAS is first of its kind to bring on board such vast and diverse range of online products post the regulation of gaming and betting in the country prior to 18 months. The multi-year agreement will see to it that Playtech incorporates its award-winning data-driven IMS player management platform and single wallet functionality into SAS’s operation, powering its entire online offering.

The new SAS sportsbook Portuguese licence will see Playtech deploy its new and enhanced, comprehensive online and mobile sports betting platform supported by data feeds and risk and operational management services including retention, business intelligence and CRM. The Playtech BGT Sports (PBS) digital offering is a single, integrated solution for both desktop and mobile devices containing a state-of-the-art interface that will enable SAS customers to bet on the move or at home.

With a focus on simple navigation and in-play betting, the mobile solution meets the needs of all online bettors and maximises operator margins. PBS’s online solution makes betting entertaining and engaging for all users and enables players to rapidly find their favourite teams, leagues or markets. The new SAS sportsbook, powered by PBS, is planned to go live shortly with an exclusive online and mobile offering.

Shimon Akad, the COO, Playtech said: “New and emerging regulated markets are a key part of our growth strategy. Portugal is a significant territory in that growth plan, therefore we are delighted to have agreed on terms with SAS and to be integrating two core elements of the Playtech offering beginning with IMS and sportsbook.  This market has great potential and we’re excited to be at the forefront of gaming innovation and growth in Portugal.” he added.

Dr Armin Sageder, the CEO, Playtech BGT Sports (PBS), said: “This is a great milestone for PBS and shows the capabilities we have within Playtech as a powerful partner. We are dedicated to delivering and passionate about exceeding our partners’ expectations.”

About Playtech 

Playtech is a market leader in the gambling and financial trading industries. Founded in 1999 and listed on the Main Market of the London Stock Exchange, Playtech has more than 5,000 employees in 17 countries.

Playtech is the gambling industry’s leading software and services supplier and partners with many of the world’s leading regulated online, retail and mobile operators, land-based casino groups, government-sponsored entities such as lotteries, and new entrants opening operations in newly-regulated markets. Its business intelligence-driven gambling software offering comprises casino, live casino, bingo, poker, and sports betting.

It is the pioneer of Omni-channel gambling which, through Playtech ONE, offers operators and their customers, a seamless, anytime, anywhere experience across any product, any channel (online, mobile, retail) and any device using a single account and single wallet. It provides marketing expertise, sophisticated CRM solutions and other services for operators seeking a full turnkey solution.

Playtech’s Financials division operates both on a B2C and B2B basis. Its B2C focused offering is an established and growing online CFDs broker, operating the brand markets.com. Its B2B offering includes the division’s proprietary trading platform, CRM and back-office systems, as well as its liquidity technology platform which provides retail brokers with multi-asset execution, prime brokerage services, liquidity, and complementary risk management tools.

For further information, contact:

Playtech plc
Mor Weizer, Chief Executive Officer
Andrew Smith, Chief Financial Officer
c/o Buchanan Communications
+ 44 (0) 20 7466 5000

James Newman, Head of Investor Relations
+44 (0)1624 645954

Buchanan Communications
David Rydell

 

Article source: https://europeangaming.eu/portal/press-releases/2018/02/12/15429/playtech-secures-a-multi-year-online-deal-with-sas/