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.