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NetBet to operate off new sportsbetting platform

Monday July 29, 2013 : SBTECH IN EXCLUSIVE DEAL WITH ISOFTBET AND ANOTHER WITH COMEON
 
Flagship operator NetBet to operate off new sportsbetting platform
 
Sports betting provider SBTech has entered in an exclusive deal with iSoftBet to launch a turnkey online and terminal based sports betting solution for its leading operator Netbet and other white labels.
 
Under the terms of the deal SBTech will replace the group's legacy sports betting platform with their sports betting and live betting platform, the latest in a number of deals recently clinched by SBTech.
 
SBTech CEO Itai Zak, said: "Not only are we trusted by a respected bookmaker to replace their legacy sports betting system we will also be able to offer our solution easily and quickly to other top operators using the iSoftBet platform in various regulated jurisdictions."
 
"Sports betting is a key component in our offering and we were looking for the right partner for a long time. We are working with some of the most well-known brands in the industry and operating in various regulated jurisdictions so we must ensure that we provide our operators with the best products and services which meet the highest standard they expect," added Nir Elbaz, iSoftBet Business Development Director at iSoftBet " We have chosen SBTech because of their impressive and unique offering, the smooth and easy integration and because of their proven experience in our target markets”.
 
In another deal SBTech and ComeOn announced a multi-year extension to their long-standing commercial partnership.
 
The extension will see SBTECH provide ComeOn with a new HTML5 mobile betting platform and ComeOn is expected to be one of the first operators to launch SBTech's newest live betting product later this year.
 
SBTech CEO Itai Zak said: “Its [ComeOn's] great success in penetrating the Scandinavian market is testament to the quality of its offering and a reflection of our dedication to providing industry-leading services to our operator clients. With the upcoming release of our cutting-edge mobile betting platform under its brand, ComeOn clearly has its sights set on what I'm confident will be a very successful future.”
 
“We've been very impressed by SBTech's sportsbetting solutions and the constant product improvements and innovations that the team demonstrates,” added Jovin Genovese, Director of ComeOn. “We're excited at the prospect of being able to take another positive step into the competitive sportsbetting market and, with such a strong suite of products behind us, our continued success is virtually guaranteed.”

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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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