SBTech secures ‘landmark’ Latin America deals

SBTech agreed deals to provide two of Latin America’s biggest operators with its omni-channel sports betting solution.

Promotora Latinoamericana de Entretenimiento (PLE) will launch SBTech retail products through its Mexican licence, while Argentine operator Spingol and its Spin Entertainment B2B business will receive an online platform that includes SBTech’s flagship in-play product.

Spingol’s agreement also includes SBTech’s Fast Market offering, which enables users to bet on what will happen in the next minute of a sports event and watch the results settled immediately.

“We’re delighted to have teamed up with both PLE and Spin Entertainment to deliver our products into Mexico and Argentina, which will significantly expand our reach in Latin America,” SBTech chief executive Itai Zak 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.”

Meanwhile, SBTech has also signed a multi-year deal to provide Czech Republic lottery operator SAZKA with a full turnkey sports betting solution.

Under the agreement, SBTech will supply SAZKA with a sports betting platform that includes a customised, fully responsive front end, as well as cash out and streaming functionality.

SAZKA, part of international investment group KKCG, will also have access to the SBTech Fast Market offering and the Chameleon360 gaming platform, which enables operators to apply and manage their risk management policy, as well as create promotions.

Robert Chvátal, chief executive of SAZKA, said: “With SAZKA Bet, we want to extend our reach in the very competitive sports betting space in order to complement our lottery portfolio.

“We opted to outsource the sportsbook platform to SBTech as they showed flexibility to adjust to the Czech market standards.”

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