Tag: Sports Betting

Sportsbook software and services provider Altenar has moved into regulated retail environment through a deal with Belgian operator Golden Palace.

Antonis Karakousis, Altenar’s director of account management and service delivery, said: “Our brand new retail software was added to Golden Palace terminals in September in one gaming hall.

“A few weeks on, there are nine terminals in action across three locations in Saint-Ghislain, Aubenge and Oostende and we hope to add more in the near future.

“One of our goals as a B2B company was to successfully penetrate into a regulated retail environment and we are happy that Golden Palace chose Altenar for their future investment.”

Odds comparison site Oddschecker has extended its partnership with Bet365. The multi-year partnership extension will see Bet365 continue to provide its data to Oddschecker.

“We are proud to secure another multi-year partnership extension with bet365, and so continue to provide our users with one of the best betting experiences out there via our integrated platforms,” Toby Bentall, CEO of Oddschecker, said.

“bet365 has consistently proved our most popular integrated brand from a user activity perspective, and the partnership has yielded significant mutual benefit for over fifteen years and counting. We expect to see this continue, particularly given the traffic growth oddschecker is experiencing with the recent Google search update,” Toby Bentall added.

Global auditing and consulting firm PwC has released its latest survey results at the third China International Import Expo.

According to PwC’s Sports Survey 2020, the global sports industry is expected to slow annual growth to 3.3% in the next 3-5 years in light of the COVID-19 pandemic.

PwC predicts that the industry will grow in Asia by around 7.3%, while sports betting is projected to become the major driver of revenue increase for the global sports industry.

As the pandemic has significantly accelerated the development of virtual entertainment, sectors like simulated sports and e-sports have seen golden opportunities. There is also a rising trend in motorsports worldwide.

It is estimated that mobile games will become a key part of future games and e-sports strategies. Therefore, in-depth cooperation between mobile game developers and sports organisations may lead to new business models.

The survey is based upon the views of 780 industry professionals from over 50 countries and regions between June and August this year.

Pool betting operator and provider Colossus Bets has announced the launch of a new pool type named Match Predictor.

The new pool type will see Colossus’ popular multi-leg jackpot format, with its mainstay features of significant minimum prize guarantees, Cash Out and Syndicates, applied to single events – a market first. Individual legs within a pool will be based on a range of bet types, such as correct score results, number of cards and corners awarded.

The first phase of the launch will focus on covering high-profile football matches on the weekly calendar. Colossus also has plans to soon apply the format to other marquee sports and non-sports events.

David O’Reilly, CEO of Colossus, said: “In our quest to offer the world’s biggest sports jackpots, we’ve been deliberate in choosing sports content and bet types that can appeal to a broad, recreational sports fan player base. We see our new Match Predictor pools as one of the strongest reflections of this strategic focus to date.

“This release leans on the popularity of ‘bet builder’ fixed-odds products, but it’s something that has never been done in a pool betting context. Our players will now be able to enjoy the end-to-end Colossus jackpot experience over the course of a single football match.

“We are moving quickly to roll out phase one of Match Predictor pools to our network partners and, in parallel, we are building on this template to deliver a broader, sports-agnostic phase two.

“We also expect these pools to resonate well with our FreePlay customers as they open up new opportunities for event-centric marketing campaigns, whether it’s the build-up to the final of Euro 2021 or a weekend flash campaign.”