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SportsMEDIA Technology Invests in FSB Technology
Wednesday October 21,2015 : FSB RECEIVES STRATEGIC INVESTMENT FROM U.S.-BASED SMT
Agreement set to extend reach of managed sports-betting service and platform provider
US-based real-time sports data integration, graphics presentation, and video enhancement solutions provider SportsMEDIA Technology (SMT) has made a seven-figure strategic investment in sports-betting platform provider FSB Technology (UK) Ltd.
The infusion of capital will allow FSB to further enhance its casino and sports-betting platform, which boasts tools for CRM, analytics, and mobile development.
The new business relationship with SMT will allow FSB to provide its products and services to a growing number of media companies and sports rights-holders for whom sportsbook provision is of increasing interest.
FSB’s CEO and co-founder Dave McDowell said Wednesday: “SMT’s investment equips us with the capital to directly compete against the industry’s largest sports betting suppliers, as well as delivering a great opportunity to provide our products to their extensive list of contacts.
“We are very excited about the potential this has for our ability to grow the business globally and supply our existing and future clients and our future clients.”
SMT founder and CEO Gerard J. Hall said that his company’s investment in FSB represents the expansion of the SMT brand globally, and the exposure of the SMT brand in a new and exciting market sector.
FSB’s managed solution clients include Dafabet, Genting Alderney, My Club Betting, and Bean Bag Sports. The company was co-founded in 2008 by GameAccount Network pioneers Dave McDowell and Sam Lawrence
Since launching, FSB has undergone three funding rounds with the last, led by Sportingbet founder and FSB chairman Mark Blandford, raising GBP 2.6 million in January 2014.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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