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SBTech has inked an exclusive multi-year deal with TGP Europe

Wednesday August 6,2014 : TGP EUROPE TAKE ON SBTECH PLATFORM
 
SBTech in, Openbet out
 
Sports betting provider SBTech has inked an exclusive multi-year deal with TGP Europe Ltd for the provision of a turnkey sports betting solution for the company's white label operation.
 
TGP Europe, owned by TGP Holdings part of the Sun City Group, a major provider of live dealer casinos in Asia will switch from its current provider OpenBet.  White labels involved in the deal include JenningsBet, Setenatbet.com, 138.com and Wilsonbet.com.
"We're very excited to have TGP Europe on board," commented SBTech chief executive officer Itai Zak. "TGP Europe switching from their current platform provided by OpenBet to our turnkey sports betting solution is further testament to the quality and performance of our products and the overall value of our service. We're looking forward to taking TGP Europe's group of partners to the next level in online sports betting and gaming entertainment."
 
Under the terms of the agreement, SBTech will provide a turnkey sportsbetting solution which includes live betting, horse racing, mobile betting, sports betting and casino gaming products.
 
"SBTech's experience in the sports betting arena along with the 60 years of experience we have from the operation of the Jennings brand in the UK, coupled with SBTech's high reputation and cutting edge live betting and mobile platforms made them the obvious choice for us when selecting a partner to expand our sportsbook operation. We are proud to partner with them and expect the deal to have a positive impact on our business and our clients business," commented Steve Templeman, Managing Director at TGP Europe
 
The deal heralds a significant step for SBTech's progression into the European and Asian markets.

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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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