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Partnership Betweed FSB Tech and Bit8

Monday June 23,2014 : F.S.B. TECHNOLOGY SIGNS UP BIT8
 
Partnership enables managed sports betting solution to access new customer pipeline.
 
FSB Technology (UK) Ltd has agreed to integrate its fully-managed sports betting solution into Bit8, a fast growing gaming platform provider.
 
Bit8 clients who take the service from FSB Tech will benefit from in-play and pre-game betting opportunities across more than 20 sports.
 
FSB Tech has developed the first modern, proprietary sports betting platform to be launched in a decade, a spokesman claimed Monday.
 
The fully-managed service covers the entire sports betting operation from handling live data from the stadium all the way through to providing a bespoke marketing message to an individual customer.
 
FSB Tech already provides the service to Genting and to The Guardian newspaper The sports betting platform includes an automation layer to manage raw data feeds, proprietary live price models, bet acceptance and risk management software and customisable CRM and marketing campaign tools.
 
The sports betting platform is operated as a fully-managed service and greatly reduces the cost and labour required to participate in the regulated sports betting market.
 
Malta-based Bit8 has signed on a significant number of new customers in recent months and offers an advanced bonus system that works across multiple product verticals and wallet integration. The data mining and player segmentation, coupled with an artificial intelligence rule engine and CRM add-ons maximise retention and the overall player lifetime value.
 
David McDowell, co-founder and CEO of FSB Tech, said Monday: “We’ve developed the industry’s most technically advanced sportsbook platform in the market today, while Bit8 has developed a modern, product agnostic platform complete with highly advanced CRM tools.
 
“Combining our strengths will allow Bit8 licensees to offer comprehensive sports betting service with the industry's best campaign management tools. Creating a single view of the customer's activity across sports and casino is an unbeatable combination.”
 
Commenting on the deal for Bit8, Angelo Dalli, CEO, said:  “We have seen a real demand for a fully-managed sports betting service from our licensees. When we met the FSB team it was immediately obvious that their modern sports betting technology would work well on our product agnostic platform. FSB are in line with our thinking that the industry is ready to migrate away from legacy platforms. This partnership makes great commercial sense, it strengthens our position as a platform supplier and improves FSB's distribution opportunities.”

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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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