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New Technology For Betfair

Online gambling giant Betfair's top techie gave an interesting interview to Silicon.com this week, revealing a shift in technology strategy to what he referred to as "jurisdictional architecture."
 
Tony McAlister joined Betfair as CTO in January this year  and told the computer tech magazine that he and his 400 technical staff are embarking on a radical overhaul of the company's development processes to allow it to move faster on new international business opportunities.
 
McAlister said that Betfair ethical and legal approach to business held strong appeal for him: "We are turning down tremendous amounts of revenue by not running our poker products in the US," he told the interviewer.
 
Instead of focusing all its energies on its core exchange gambling platform, Betfair is moving towards a more modular approach over the next 24 to 36 months, McAlister revealed. The aim is to enter new markets faster, delivering only those online gambling products legally permitted in a particular region.
 
"We are calling it a jurisdictional architecture - to be able to deliver [betting products] where they are legal but only the pieces that are legal," he said. "In one country we can do poker but not horse racing and in another country casinos but not poker. We have to deal with jurisdictional nuances but also how quickly the walls will fall. I don't know which countries are going to open up next," McAlister said.
 
"We are moving to a more agile methodology because we are looking at building smaller components and integrating them," he added.
 
The technical executive also touched on the suject of outsourcing, pointing out that the technology strategy being adopted reduces the need to build every element in a particular offering.  This also means less of an emphasis on building every part of the offering.
 
"I don't have to build them, I can buy them, but I want to plug them into my infrastructure very easily. Roulette is roulette: I don't need to build that," he said.
 
Betfair is very serious about the new approach, and apparently McAlister has a budget to match. "I might be one of the only CTOs in the city that has an increased budget this year," he said. "In this environment that's a nice place to be, and a great opportunity to get really great talent."
 
As well as hiring in the UK, McAlister is looking to build up the Betfair IT team outside of the UK.
 
"I'm looking to build up technical teams in the United States because the skillsets are sitting on the West Coast in the US. There are certain skills that are better developed there and we want to leave them there," he said. Similarly McAlister is looking at increasing Betfair's mobile skills by hiring developers in Asia.
 
The new initiatives do not mean that Betfair is taking it's eye of the current business ball; with next year's World Cup looming, the company and its IT team is already preparing for the event by building capacity. By early 2010, Betfair will stop making changes to its core exchange system to ensure there are no alterations that could accidently cause problems during the betting.
 
Betfair has a significant presence in US horseracing following its acquisition of TVG, and has a very active presence in Australia in addition to its European operations and worldwide betting exchange operations..

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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