OpenBet is to supply its scalable betting engine and advanced trading system to Australian wagering giant Tabcorp. As the operator pursues growth plans, OpenBet will integrate a series of online and retail products including its fixed-odds betting platform and trading system for its content portfolio, to help amplify the offering for Tabcorp’s flagship brand, TAB. Cathryn Lai, Chief Commercial Officer …
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Endeavor Group the NYSE-listed entertainment and sports group will be transformed into a private firm in 2025, after private equity firm Silver Lake agreed to a deal to acquire the company for $13 billion. The biggest investor in Endeavor, Silver Lake holds around 31% of outstanding shares as of the end of 2023. The California-based PE fund stated in October that …
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2023 saw OpenBet acquire customer protection specialist Neccton, which is considered a key pillar for the tech giant in building its new compliance unit to support the operations of Tier-1 clients. Neccton co-founder Dr Michael Auer, a pioneer in player protection, explains to SBC why Neccton is challenging standardized player protection frameworks. These frameworks have a low adoption rate of …
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The establishment of a regulated sports betting market in Brazil has created huge excitement in the industry, but has also left international operators, suppliers and affiliates with a host of questions about the size of the opportunity, how to localise product offerings and the most-effective promotional strategies. To find out some of the answers, we spoke to Altenar’s Americas Regional …
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Having developed no less than five ‘ground-breaking’ streaming enhancements, IMG ARENA believes it is set to redefine the user experience for bettors and unite fragmented betting journeys to drive added value for sportsbooks… Over the past few years, technological advancements have revolutionised the accessibility and convenience of engaging in sports betting. In particular, the rapid progress in computing power and …
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Jordan Levin is confident that the Integration of IMG ARENA under OpenBet will create global gambling’s most sophisticated technology business, delivering end-to-end sports data, technology and content ecosystem for betting operators and rightsholders. Levin told SBCNews following the disclosure by NYSE sports and entertainment firm Endeavor Co that it had taken the decision to merge IMG ARENA’s business with OpenBet. …
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OpenBet has announced a partnership with German lottery operator, WestLotto, to supply Neccton’s gambling compliance products. In detail, World Lottery Association (WLA) member WestLotto will be integrating OpenBet-owned Neccton’s responsible gaming, anti-money laundering (AML) and fraud detection service – exceeding regulatory expectations and boosting responsible gaming. Michael Auer, Managing Director of Neccton at OpenBet, said: “Our new partnership with WestLotto …
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OpenBet has extended its long-term partnership with Greek gambling operator OPAP to deliver an enhanced retail betting experience. Under the new framework, OpenBet’s technology platform and products are leveraged across OPAP’s retail estate. Jordan Levin, Group CEO of OpenBet, commented: “We’re proud to have facilitated the next generation of OPAP’s retail betting offering, particularly so soon after the success of …
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Since the company was founded over 25 years ago, OpenBet has established itself as a leading force within the sports betting industry. And for good reason too. With its platform capabilities, trading knowledge and expertise in the sports entertainment space, OpenBet has long showcased the “quality, scale and depth” of its products. Speaking to SBC Media, Chief Product Officer Nikos …
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OpenBet has announced a long-term partnership with Finnish state-owned gambling company, Veikkaus Oy. Moving forward, Veikkaus’ sportsbook platform will be powered by OpenBet’s technology, as the betting operator’s online and retail betting operations are expanded. Described as a ‘highly strategic move’, OpenBet will also be providing Veikkaus with its Managed Trading Services. Nikos Konstakis, Chief Product Officer at OpenBet, commented: …
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