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Betterlogic New SportsBetting Venture

Mention the names Andrew Black and Nigel Payne in any Internet gambling circle and they will be immediately recognised as highly respected executives who have had a tremendous influence in eminently successful groups Betfair and Sportingbet.  Little surprise therefore that when the two experienced execs are involved in a new enterprise, it is going to capture industry attention.
 
This week, Betterlogic - the form analysts backed by Black and Payne - signed a strategic co-operation agreement that will see them work with UK sports book services provider Sportradar on a number of collaborative product ventures. 

BofogLife SportsBookThe partnership will initially centre on the integration of Bettorlogic's range of betting and compilation tools within Sportradar's portfolio of sportsbook and media services. Specifically, Bettorlogic's white-label Form Labs – designed to stimulate betting activity amongst sports-book customers – will be made available through Sportradar's extensive customer network alongside their existing statistics, live scores and live multicast products. 
 
Bettorlogic's range of Trader Labs will be similarly embedded, alongside Sportradar's event creation, odds suggestion, odds tracking and resulting services.  The first of these will be Bettorlogic's 'Player Lab' tool, analysing the impact of individual players, player combinations and team formations.
 
The two companies will also collaborate on a range of new product development initiatives, focussed on areas where their joint skills and resources can most effectively create additional value for sports-books and media-owners alike. 
 
Carsten Koerl - Sportradar CEO comments: “As the sports-book landscape becomes increasingly competitive, customer experience, bet stimulation and pricing efficacy are going to become critical considerations for any ambitious operator. In Bettorlogic’s product range, they’ve developed a range of highly innovative tools that address all of these areas and we’re delighted to be able to now include them within our portfolio.”
 
"This really is the perfect partnership," said Bettorlogic CEO Mike Falconer. "Our stimulation and trader products are a very natural extension to Sportradar's existing portfolio and I think the combination of our analytical expertise, with Sportradar's technological excellence and customer network, makes for a very exciting prospect indeed."
 
Sportradar is trusted partner to over 300 businesses in 40 countries of diverse size and set up. Starting in 2001 as a one man company operated by a former employee of football giants UEFA and FIFA, the firm has expanded and is now headquartered in Switzerland, with offices in Vienna, Linz, Stockholm, Singapore, Zlin, Mannheim and Gera, employing over 100 highly staff worldwide.

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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