Posts Tagged ‘professional sports betting software’

New Partnership Already Gearing Up To Offer Sports Bets In Pennsylvania

An internet sports betting company and an online gambling software provider are joining forces and making plans to take Pennsylvania’s first online sports bet.

SBTech provides managed sports betting solutions to more than 50 online gambling sites around the world.

GAN provides real-money and social casino software platforms to more than 70 casinos.

The two sides announced Monday they had entered into a strategic relationship anticipating legal online sports betting is soon coming to states, including Pennsylvania.

Online gambling in PA

GAN already provides online gambling software for Parx Casino online play-money social casino site. It claims to have one real money regulated gaming client in Pennsylvania, which is assumed to also be Parx. 

Pennsylvania did pass online gambling legislation as a part of a comprehensive gambling expansion in October last year. However, the market has yet to launch. The regulatory and licensing process is still underway.

SBTech’s sports betting software will be integrated with GAN’s online gambling software platform, according to a joint press release.

The companies claim the partnership will put them in position to lead the budding US online sports betting market. Of course, this presumes the Supreme Court of the United States will overturn the current federal ban on sports betting and open up that market.

Thanks to the Professional and Amateur Sports Protection Act of 1992 (PASPA), single-game sports betting is currently against the law everywhere except Nevada. Parlay bets in Delaware and Game Square wagering in Montana are also exempt.

In 2011, New Jersey passed a bill legalizing sports betting at racetracks and casinos inside the state. However, major sports leagues around the country filed a lawsuit to stop it.

They were successful in having New Jersey’s new sports betting laws struck down. After a series of failed appeals, the state tried again in 2014. However, the courts ultimately struck down that law as well.

State appeals were again denied until SCOTUS agreed to hear New Jersey’s case in June 2017. SCOTUS heard oral arguments in the case in December. A decision is expected later this year.

In the interim, Pennsylvania has joined New Jersey in passing legislation allowing online sports betting if PASPA is overturned.

Taking PA’s first online sports bet

SBTech CEO Richard Carter says if SCOTUS overturns PASPA, SBTech and GAN could soon book the first online sports bet in states including Pennsylvania:

“GAN is a licensed, trusted partner to more than a dozen US casino operators, and is equipped with unique intellectual property and a proven track record in delivering and growing internet gaming businesses in the United States. This partnership is a logical step for SBTech and allows the company to rapidly introduce its sports betting technology and services to a wide range of US casinos with a view to being the first provider to settle a US sports bet online and on-property in States such as New Jersey and Pennsylvania, in close collaboration with GAN.”

GAN CEO Dermot Smurfit added that SBTech may be the perfect sports betting partner for GAN:

“GAN has been asked by several clients to review, procure and support the delivery of a sports betting solution both online and in the on-property retail channel in the event PASPA is overturned. We have conducted a lengthy diligence process in Europe to identify a preferred sports betting partner based on their technical capability, US licensing suitability, ability to integrate seamlessly with GAN’s enterprise software platform and the sophistication of their managed sports services. We are delighted to announce this strategic relationship with SBTech.”

Sports betting legislation across the US

The number of states with an interest in legalized sports betting is continuing to grow. Legislation recently passed in Connecticut that will allow sports betting if the federal ban is lifted. Indiana and Kentucky are currently debating similar bills.

Plus, Delaware and Mississippi are each claiming its existing gambling legislation includes provisions for legal sports betting should PASPA fall.

According to a report from gambling legislation tracker Eilers Krejcik Gaming, as many as 18 states could also introduce bills to regulate sports betting this year.

Article source: https://www.playpennsylvania.com/gan-sbtech-pa-sports-betting/

SBTech And GAN Strike Deal To Take NJ’s First Online Sports Bets Should PASPA Fall

Two leaders of the internet sports betting and online gambling industries are getting together. All in anticipation that New Jersey will be awarded the right to launch legal sports betting by the Supreme Court of the United States this year, which means they can start taking bets online.

SBTech, a leading provider of managed sports betting solutions to the online gambling industry around the globe, announced Monday it has launched a strategic relationship with online gambling software provider GAN.

GAN already provides the online gambling software platform for Betfair and its NJ online gambling site. Plus, the company provides real-money and social casino software platforms for dozens of casino operations across the US.

This includes the online social casino for TEN. A Colorado developer just purchased the former Revel Atlantic City property. It will reopen as Ocean Resort Casino in the summer of 2018. However, there has been no word regarding the future of the existing social casino or the potential for launching a real-money online casino product under the Ocean Resort Casino name.

The NJ Department of Gaming Enforcement also granted GAN a Casino Service Industry Enterprise license in April 2017. This would presumably open the door for the company to provide online gambling and sports betting software platforms to even more operators in New Jersey.

Integrated sports betting and online gambling software

According to a joint press release, SBTech’s sports betting solution will be integrated with GAN’s online gambling software platform.

The companies say the partnership will put them in a position to lead the online sports betting market in the US. As long as the US Supreme Court overturns the current federal ban on sports betting.

Sports betting is against the law everywhere except Nevada. Parlay bets in Delaware and Game Square wagering in Montana are also exempt from the Professional and Amateur Sports Protection Act (PASPA). PASPA is the federal law holding the ban in place. It passed in 1992.

Sports betting in New Jersey

New Jersey lawmakers passed a contrarian bill legalizing sports betting at racetracks and casinos in 2011. Major professional and amateur sports leagues, including the NCAA, filed a lawsuit to prevent it.

The courts ultimately upheld PASPA and struck down New Jersey’s new sports betting law.

The state filed a series of appeals that failed. Then it tried again in 2014, passing a second bill aimed at legalizing sports betting across the state. The leagues filed another lawsuit and the courts ruled in their favor again.

The state’s subsequent appeals were denied until SCOTUS agreed to hear its case against PASPA in June 2017. SCOTUS heard oral arguments in the case in December. All signs point to a SCOTUS decision in the case coming in June of this year.

Try Golden Nugget NJ Online Casino And Get A Bonus

    • $20 Free

      100% Bonus Up To $1000 With Deposit

    • Golden Nugget Review

      Overall Grade 4.6

      • Games 4.2
      • Support 5
      • Bonuses 4.8
      • Mobile 4.1
    • PLAY NOW

SBTech and GAN

SBTech CEO Richard Carter said if SCOTUS overturns PASPA, SBTech and GAN could take the first online sports bet in the US outside of Nevada:

“GAN is a licensed, trusted partner to more than a dozen US casino operators, and is equipped with unique intellectual property and a proven track record in delivering and growing internet gaming businesses in the United States. This partnership is a logical step for SBTech and allows the company to rapidly introduce its sports betting technology and services to a wide range of US casinos with a view to being the first provider to settle a US sports bet online and on-property in States such as New Jersey and Pennsylvania, in close collaboration with GAN.”

GAN CEO Dermot Smurfit said GAN believes it has found the perfect sports betting partner in SBTech:

“GAN has been asked by several clients to review, procure and support the delivery of a sports betting solution both online and in the on-property retail channel in the event PASPA is overturned. We have conducted a lengthy diligence process in Europe to identify a preferred sports betting partner based on their technical capability, US licensing suitability, ability to integrate seamlessly with GAN’s enterprise software platform and the sophistication of their managed sports services. We are delighted to announce this strategic relationship with SBTech.”

Sports betting legislation across the US

Pennsylvania has also passed legislation allowing online sports betting if PASPA is overturned. Pennsylvania legalized online gambling as part of a comprehensive gambling expansion package passed in October 2017. However, the market has yet to launch with the regulatory and licensing process still underway.

Connecticut has also legalized sports betting if and when the federal sports betting ban is lifted. Indiana and Kentucky have introduced similar bills. Delaware is claiming its existing gambling legislation includes a provision for sports betting. Mississippi says its fantasy sports bill likely includes the same.

Plus, more than a dozen other states, from Massachusetts to California, are likely to introduce sports betting bills this year.

Article source: https://www.njgamblingsites.com/10195/sbtech-gan-sports-betting-paspa/

GAN Partners With SBTech Ahead Of NJ Sports Betting Verdict

Two leaders of the internet sports betting and online gambling industries are getting together. All in anticipation that New Jersey will be awarded the right to launch legal sports betting by the Supreme Court of the United States this year, which means they can start taking bets online.

SBTech, a leading provider of managed sports betting solutions to the online gambling industry around the globe, announced Monday it has launched a strategic relationship with online gambling software provider GAN.

GAN already provides the online gambling software platform for Betfair and its NJ online gambling site. Plus, the company provides real-money and social casino software platforms for dozens of casino operations across the US.

This includes the online social casino for TEN. A Colorado developer just purchased the former Revel Atlantic City property. It will reopen as Ocean Resort Casino in the summer of 2018. However, there has been no word regarding the future of the existing social casino or the potential for launching a real-money online casino product under the Ocean Resort Casino name.

The NJ Department of Gaming Enforcement also granted GAN a Casino Service Industry Enterprise license in April 2017. This would presumably open the door for the company to provide online gambling and sports betting software platforms to even more operators in New Jersey.

Integrated sports betting and online gambling software

According to a joint press release, SBTech’s sports betting solution will be integrated with GAN’s online gambling software platform.

The companies say the partnership will put them in a position to lead the online sports betting market in the US. As long as the US Supreme Court overturns the current federal ban on sports betting.

Sports betting is against the law everywhere except Nevada. Parlay bets in Delaware and Game Square wagering in Montana are also exempt from the Professional and Amateur Sports Protection Act (PASPA). PASPA is the federal law holding the ban in place. It passed in 1992.

Sports betting in New Jersey

New Jersey lawmakers passed a contrarian bill legalizing sports betting at racetracks and casinos in 2011. Major professional and amateur sports leagues, including the NCAA, filed a lawsuit to prevent it.

The courts ultimately upheld PASPA and struck down New Jersey’s new sports betting law.

The state filed a series of appeals that failed. Then it tried again in 2014, passing a second bill aimed at legalizing sports betting across the state. The leagues filed another lawsuit and the courts ruled in their favor again.

The state’s subsequent appeals were denied until SCOTUS agreed to hear its case against PASPA in June 2017. SCOTUS heard oral arguments in the case in December. All signs point to a SCOTUS decision in the case coming in June of this year.

Try Golden Nugget NJ Online Casino And Get A Bonus

    • $20 Free

      100% Bonus Up To $1000 With Deposit

    • Golden Nugget Review

      Overall Grade 4.6

      • Games 4.2
      • Support 5
      • Bonuses 4.8
      • Mobile 4.1
    • PLAY NOW

SBTech and GAN

SBTech CEO Richard Carter said if SCOTUS overturns PASPA, SBTech and GAN could take the first online sports bet in the US outside of Nevada:

“GAN is a licensed, trusted partner to more than a dozen US casino operators, and is equipped with unique intellectual property and a proven track record in delivering and growing internet gaming businesses in the United States. This partnership is a logical step for SBTech and allows the company to rapidly introduce its sports betting technology and services to a wide range of US casinos with a view to being the first provider to settle a US sports bet online and on-property in States such as New Jersey and Pennsylvania, in close collaboration with GAN.”

GAN CEO Dermot Smurfit said GAN believes it has found the perfect sports betting partner in SBTech:

“GAN has been asked by several clients to review, procure and support the delivery of a sports betting solution both online and in the on-property retail channel in the event PASPA is overturned. We have conducted a lengthy diligence process in Europe to identify a preferred sports betting partner based on their technical capability, US licensing suitability, ability to integrate seamlessly with GAN’s enterprise software platform and the sophistication of their managed sports services. We are delighted to announce this strategic relationship with SBTech.”

Sports betting legislation across the US

Pennsylvania has also passed legislation allowing online sports betting if PASPA is overturned. Pennsylvania legalized online gambling as part of a comprehensive gambling expansion package passed in October 2017. However, the market has yet to launch with the regulatory and licensing process still underway.

Connecticut has also legalized sports betting if and when the federal sports betting ban is lifted. Indiana and Kentucky have introduced similar bills. Delaware is claiming its existing gambling legislation includes a provision for sports betting. Mississippi says its fantasy sports bill likely includes the same.

Plus, more than a dozen other states, from Massachusetts to California, are likely to introduce sports betting bills this year.

Article source: https://www.njgamblingsites.com/10195/sbtech-gan-sports-betting-paspa/

GAN, SBTech ink US-facing sports betting partnership

gan-sbtech-sports-betting-partnershipGaming technology providers GAN and SBTech have formed a strategic relationship to prepare for the expected legalization of sports betting in the United States.

On Monday, the two companies announced their prospective deal under which SBTech would provide real-money sports betting services to GAN’s US casino clients, more than a dozen of which currently utilize GAN’s Simulated Gaming free-play online social casino product.

Specifically, GAN’s GameStack enterprise software platform will integrate SBTech’s sports betting solution, allowing GAN’s casino clients to offer sports betting options via both retail and online positions.

SBTech CEO Richard Carter called the new partnership “a logical step for SBTECH and allows the company to rapidly introduce its sports betting technology and services to a wide range of US casinos.”

GAN CEO Dermot Smurfit logrolled right back, saying GAN had partnered with SBTech due to the company’s “technical capability, US licensing suitability, ability to integrate seamlessly with GAN’s enterprise software platform and the sophistication of their managed sports services.”

Smurfit also said several of GAN’s US casino clients were chomping at the bit to add sports betting to their product mix. These casinos evidently share the growing expectation that the US Supreme Court will partially or entirely strike down the federal sports betting prohibition later this year in response to New Jersey’s efforts to offer legal sports wagering on par with what’s allowed in Nevada casinos.

GAN currently powers Betfair’s New Jersey real-money online casino, putting the new GAN/SBTech duo in the driver’s seat should the Supreme Court side with New Jersey. GAN also has a prospective real-money deal with the Parx Casino in Pennsylvania, which authorized sports betting in last year’s gambling expansion legislation, pending a favorable Supreme Court outcome.

In related news, sports betting data provider BetRadar announced plans to provide a “comprehensive range of tools and services,” including risk management and trading services, to US companies looking to cash in on legal sports betting.

The company, a division of sports data and integrity firm Sportradar, said it too was acting in response to requests from existing clients. BetRadar already provides services to many Nevada sportsbooks and stands ready to expand its reach into other states that could pounce on any relaxation in the federal betting ban.

While BetRadar’s US VP of sales Neale Deeley copped to the “good deal of uncertainty” regarding legal betting’s arrival, the company is nonetheless extending its data coverage “so that we are the clear market leader in terms of US and US-relevant sports and competitions.”

Comments

Article source: https://calvinayre.com/2018/01/15/business/gan-sbtech-sports-betting-partnership/

Bede Gaming expands offering with Kiron Interactive partnership

Bede Gaming, supplier of software to the online gaming industry, is further expanding its content offering via an agreement with virtual sports provider Kiron Interactive.

The deal will see Kiron’s full suite of 20 virtual sports and numbers games integrated into Bede’s content aggregator platform, PLAY.

Kiron’s virtual portfolio includes football, horse racing, greyhound racing and motor racing titles.

The games will be available to all of Bede’s partners, including Tier 1 operator The Rank Group.

Michael Brady, CEO of Bede Gaming, commented: “Virtual sports have become an increasingly important gaming vertical in recent years and sits well between casino and sports betting.

“We’re always looking to build on our products with high end games, so it was important to extend Bede PLAY’s virtual offering, and with Kiron’s portfolio among the strongest of its type in the industry, adding Kiron made sense.

“Our operator partners will have access to world-class virtual sports games, which will significantly improve retention, cross-sell and engagement.”

Steven Spartinos, CEO of Kiron Interactive, added: “Many innovative operators have partnered with, and benefited from, Bede over the past few years, so we are excited to bring our games to new audiences, where we know they will perform strongly.”

Bede’s platforms offer completely flexible gaming solutions with robust security measures, and is fast establishing itself as the first-choice option for innovative operators globally.

Founded in 2012, Bede Gaming employs the latest in modern technology to provide operators with high performing software used to create world class gaming experiences.

Towards the end of last year, Bede Gaming placed 76th on the Sunday Times Hiscox Tech Track, a league table documenting Britain’s fastest growing tech organisations.

 

Article source: https://sbcnews.co.uk/products/virtual-sports/2018/01/10/bede-gaming-expands-offering-kiron-interactive-partnership/

Betsoft Gaming secures partnership deal with BtoBet

Visionary iGaming developer Betsoft Gaming, architects of the Shift™ platform, have announced that they have signed a partnership deal with renowned worldwide operator BtoBet. Under the terms of the partnership, BtoBet will be taking on Betsoft’s complete suite of iGaming entertainment, including the iconic Slots3™ collection of true 3D video slots and the ToGo™ line of premium mobile gaming.

Betsoft Gaming Secures Partnership Deal with BtoBetBtoBet have recently won “Rising star in Sports Betting Innovation” at the SBC Award in London and as “Best Sports Betting Innovation 2017” in Budapest.

“BtoBet is a leading company and true pioneer in our business,” said Anna Mackney of Betsoft. “They carefully study both existing and emergent technologies to apply that strength to the quality of their service. Future-ready and flexible, BtoBet offers their clients the total package of customer support backed by many years of professional experience in the field. Our full suite of solutions, including Key Performance Indicator reports, will be invaluable to them. We are beyond thrilled to be partnering with them, and look forward to a lucrative business relationship as we lead the iGaming industry together.”

“I’m proud of the recent agreement signed with Betsoft,” said Alessandro Fried, BtoBet’s chairman. “Its high level digital games combined with BtoBet’s technological platform will perfectly fit our exigent clients’ needs and, at the same time, the players’ expectations. These incredible games are going to greatly enhance our offering to players, and the quality is second to none. I feel that we will reach more players and expand our business, equipped with Betsoft’s games and back office solutions.

“BtoBet’s clever business analysis offered by its iGaming intelligence provides real time and accurate data analysis per customer in order for the operator to automatically segment the players base and to build easily the best strategies, specific promotional activities and more effective ad hoc marketing campaigns,” continued Mr. Fried.

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 

About Betsoft Gaming:

Betsoft Gaming, broadly known as the innovator and leader of true 3D cinematic gaming, is a Tier One developer and provider of complete system online gaming software. With a game library of over 190 games including the iconic Slots3™ series, Betsoft Gaming has met and exceeded the quality found in console video games and animated feature films. Starting in 2012, Betsoft initiated a concentrated push into the mobile gaming sector, converting their popular Slots3™ games to be available as the ToGo™ collection. Betsoft Gaming’s extensive portfolio of clients includes some of the top gaming operations in the industry.

For marketing or press queries, please contact press@betsoft.com or visit www.betsoft.com.

Comments

Article source: https://calvinayre.com/2018/01/10/press-releases/betsoft-gaming-secures-partnership-deal-btobet/

UltraPlay elevates its eSports betting solutions at ICE 2018

Advanced betting solutions provider UltraPlay will present its premium eSports betting suite during the upcoming ICE Totally Gaming (6-8 February), in London.

UltraPlay elevates its eSports betting solutions at ICE 2018With its 7 years at the iGaming frontline, UltraPlay is fully prepared to present its latest products and expanded portfolio to all delegates who are invited to the company’s booth #S1-110.

Among the company’s extended offerings and highlights this year to catch the attendees’ interest are:

Esports betting solutions – The revolutionary match-predicting system offering the widest odds feed on the market right now – odds.gg will be presented with the latest add-ons and upgrades made by the company in the last 12 months. Besides the most popular game titles, UltraPlay has expended its odds feed with Heroes of the Storm Live, Kind of Glory also covering live betting as well as FIFA Interactive World Cup and GWENT. Along with the diversified coverage of 25 competitive games, UltraPlay offers 3000+ eSports events monthly as well as 1500+ in-play events. UltraPlay’s team will answer why eSports betting holds great potential, and how the iGaming brands can benefit from it.

Trading services – The advanced risk management and trading panel empowers larger operators with trading teams to fully control their pre-match and live offer leading to a successful iGaming operation.

Advanced betting platform and world-class iframe solution – Turnkey solution powered by UltraPlay will meet all requirements of operators searching to expand their betting options in order to elevate players’ experience. Growth is only possible with a reliable partner such as UltraPlay with a platform backed up with a wide range of functionalities and cutting-edge technology. The figures don’t lie – 50+ sports, more than 30,000 live events per month as well as 2000+ betting markets.

eGold – the ultimate eSports betting cryptocurrency will be presented during its crowdsale. All interested in the project can subscribe to the sale at: https://egold.gg/subscribe/. Blockchain technology for eSports betting will be shown on Buff88, an eSports dedicated platform, which is going to be released this month. As a crypto and eSports dedicated brand, a number of cryptocurrencies will be available on Buff88, starting with Bitcoin as well as eGold. Attendees will be acquainted with the project’s goals and advantages of the Blockchain-based betting.

UltraPlay is in Bitcoin since 2013 and during ICE will share its in-depth knowledge on how iGaming brands can lead the Blockchain technology wave and benefit from the advanced betting solutions. Latest information regarding eGold is available at: www.egold.gg

About UltraPlay:

UltraPlay is a modern technological company, founded in 2010, with the core ambition to offer an innovative approach to the online gaming industry by providing advanced betting solutions, focused on eSports, sports betting, casino, live betting and bitcoin solutions.

Assembled by a team of iGaming professionals with vast experience in betting product development, operations, eSports and marketing, UltraPlay is a trusted partner for delivering superior sports software and odds products to its customers. Learn more about the company here: www.ultraplay.co

Press contact:
Lyubomira Petrova
PR and Marketing Manager at UltraPlay
Email: l.petrova@ultraplay.co

Comments

Article source: https://calvinayre.com/2018/01/12/press-releases/ultraplay-elevates-esports-betting-solutions-ice-2018/

Sporting Solutions announces pricing partnership with Svenska Spel

11th January, 2017 – Award-winning sportsbook and lottery supplier Sporting Solutions, part of the Sporting Group, has today begun to supply Swedish lottery Svenska Spel with its outsourced pricing services (OPS).

Sporting Solutions announces pricing partnership with Svenska SpelSporting Solutions saw off numerous sportsbook suppliers to win the competitive public procurement, and has entered into a partnership which runs for an initial year, with Svenska Spel holding an option for a further year.

The deal will see Sporting Solutions supply pre-match and in-play pricing across various core sports for the Swedish market, including tennis, soccer, American football and ice hockey, amongst others.

Sporting Solutions’ OPS combines best-of-breed algorithms, official data and longstanding trading heritage to deliver margin enhancing pricing across 25+ sports.

Svenska Spel will also benefit from Sporting Solutions’ ‘self-trade’ technology, allowing them to leverage their traders’ local expertise to differentiate effectively against generic white-label and private operator offerings.

Simon Trim, CEO of Sporting Group, said: “Svenska Spel are one of the most established names in lottery sports betting with a very strong customer base, and we are very proud to announce them as our latest lottery partner.

With the help of our pricing and trading services they will be better able to compete with private operators in their liberalising domestic market.  Their ability to use our software to pool further resources into local sports will increase differentiation, drive acquisition and help maintain their position as a market leader.

We look forward to forging a successful partnership with Svenska Spel and to expanding our services in the Nordic region.”

Fredrik Wastenson, Vice President Products and Services at Svenska Spel, said: “We committed to a competitive procurement process in 2017 to attract a sportsbook supplier able to provide us with expansive content, accurate pricing and strong heritage in the industry, and we’re confident Sporting Solutions can deliver on all three.

“Having seen their trading solutions first hand, it’s clear they’re built on decades of experience delivering profitable models across numerous sports. We look forward to leveraging this, in partnership with our own trading team, to deliver the sportsbook our customers deserve.”

The Sporting Group is licensed by both the UK Gambling Commission and the Financial Conduct Authority, putting it in the unique position of having the strongest financial probity alongside market-leading commercial success.

It has also recently launched its revolutionary RMS product, which empowers lotteries and private operators to differentiate their offerings with Sporting Solutions managing pricing, trading, automated risk management and back-office operations.

Sporting Solutions is the B2B division of the UK’s widely respected Sporting Group. Alongside market-leading pricing, data and software solutions, its partners benefit from deep trading expertise not available elsewhere in the outsourced market. It is a partner to 40+ operators in regulated jurisdictions, the majority of which are either lottery or Tier 1 2 operators.

While Sporting Solutions is global in outlook, with partners from Europe to Australia, it is focussed on supporting partners to be leaders in their local markets. Rather than providing a “one size fits all” solution; it works with partners to fulfil their specific needs, based on an intrinsic understanding pricing, trading and risk management.

Comments

Article source: https://calvinayre.com/2018/01/11/press-releases/sporting-solutions-announces-pricing-partnership-svenska-spel/

Favourable December football results see Kambi revise Q4 outlook

Issuing a market statement, Nordic Nasdaq-listed sports betting platform/software supplier Kambi Plc, has revised its Q4 2017 corporate revenue forecasts, due to favourable football results recorded during the month of December.  

Updating investors, Kambi details that its was able to maintain an ‘all-time high sportsbook margin of 9.7%’ during its Q4 2017 trading, a figure which is significantly higher than its target ‘average margin’ of 6.5 – 7.0%.

“The full speed of the football season over Q4 paired with a December month which was particularly strong for the sports-book operators, and with results in favour of the operators within top football leagues (70% of Kambi’s sportsbook), Kambi’s sports book margin for Q4 17E came in at historical highs of 9.7% (and an operator index at 196 -19% y/y growth)” read a Danske Bank  equity research analyst note.

Following its ‘upbeat trading’, Kambi governance now estimates its topline fourth-quarter revenue to be in the range of €18.8 – €19.2 million, which will include the a circa €800,000 cost related to the contract renegotiation of 888Sport.

Closing its trading statement, Kambi governance informs that it will present its Q4 2017 corporate results on 14 February 2018 – 07:45 CET.

Article source: https://sbcnews.co.uk/sportsbook/2018/01/10/favourable-december-football-results-see-kambi-revise-q4-outlook/

Megafeed to offer all-in-one platform

Data brand Megafeed is integrating four key products into a single offering.

In doing so, gaming and sports betting software supplier BetConstruct’s live scouting data arm will make access to its streams, odds feed and statistics simpler than ever.

The roll-out of the new platform gives Megafeed partners a streamlined service to deliver to customers.

Samvel Nersisyan, head of Megafeed and VP of strategic partnerships at BetConstruct, said: “Megafeed has been a renowned live scouting data provider in the industry for the past four years. Now, for the first time, it is offering an all-in-one platform where several products are deployed together – live video streaming, odds feed, statistics and scouting data.

“These additions will reduce the workload of traders, saving time and improving the quality of their work.”

Megafeed’s odds feed offers more than 2,000 markets across over 140 sports types.

“Now we offer live scouting data that reaches traders in 0.5 seconds,” added Nersisyan. “The offer is enhanced with bespoke, non-average odds created by 350 traders. We also have a service to detect and prevent suspicious fixed matches through which our partners get information about risky matches.”

Visitors to BetConstruct at ICE Totally Gaming 2018 can view a full demonstration of the Megafeed product and its capabilities.

Article source: https://www.intergameonline.com/igaming/news/megafeed-to-offer-all-in-one-platform