Wednesday February 3,2016 : SBTECH INKS SIGNIFICANT LATIN AMERICAN DEALS
Notable expansion into LatAm region.
SBTech has entered into exclusive agreements with two of Latin America's biggest regulated operators for the provision of its omni-channel sports betting solution.
The first will see Promotora Latinoamericana de Entretenimiento (PLE), who currently enjoys a share of around 30 percent of the market, equipped with SBTech retail products through its Mexican licence.
In the second, Argentina's largest operator, Spingol, and its B2B business, Spin Entertainment, will receive an online platform that includes SBTech's flagship in-play product.
Licenced in Missiones, north east Argentina, Spin Entertainment and their consumer-facing brand Spingol work across Latin America, with the latter being an official sponsor of the Copa America football tournament.
Itai Zak, chief executive officer of SBTech, said: "Our solutions will provide them both with the cutting edge technology to entertain their customers and develop additional revenue streams with the very latest ante post and in-play opportunities."