SBTech is on a quest to make this year another successful one for the gaming leader, as evident by the recent collaboration announced. The gaming giant is about to team up with BetGames.TV for more enhanced gaming coming players’ way. Live betting games are about to be introduced to SBTech’s platform as a result of the new agreement for partnership.
Online gaming is quite popular nowadays, as more people tend to implement it in their daily routine. Practicing social distancing is the worldwide recommendation and they simply make the best of the situation. SBTech is aware that more people could turn towards online gaming and online betting, which is why it sought a new collaboration with a leader in this field.
New Collaborations
BetGames.TV is about to introduce its live betting offerings to the players already familiar with everything up for grabs by SBTech. Such integration is essential for their constant demand for new gaming products and challenges. It should also be taken into account that the unprecedented situation has canceled many sports events sprinkled across the upcoming months around the globe.
This means that players used to wagering on sports events would need something to fill this void created by the lack of live sports events. The live dealer betting games powered by BetGames.TV are about to make the online experience of many players much more riveting. Along with those, individuals would have the chance to experience premium card games to the likes of Speedy 7 and War of Bets. The variety of online games available includes more traditional casino games.
Players are going to enjoy Baccarat, poker, dice games, as well as diverse lottery draws on a regular basis. In order to make the gaming experience even more attractive to a diverse audience, BetGames.TV also comes with various jackpots, system bets, as well as regular tournaments. The latest agreement is about to result in the introduction of new games to players in the UK, Malta, Curacao and South Africa.
Enhanced Offerings
This month was a special one for SBTech, as the company inked several new partnerships paving the way for future collaboration and portfolio reach expansion. One of the latest ones included ORYX Gaming, a company with quite the experience when it comes to online gaming and partnerships with industry leaders.
The Bragg Gaming Group company integrated its entire casino gaming portfolio with SBTech for an enhanced gaming experience. The last days of March witnessed hackers hit SBTech, a targeted attack leading to the forced outage of sports betting accounts. The cyberattack was not specified, but the sports wagering leader decided to shut down its servers as a precautionary measure. This is all happening as the company is being acquired by DraftKings, a leader in the daily fantasy sports field.
SBTech is about to become the betting technology supplier of DraftKings, but the recent attack mandated some changes to the conditions. Some US$10 million are going to be placed in escrow lasting two years once the deal is closed. They could be used in relation to potential indemnification claims. Moreover, some US$20 million of Class A shares would be locked up for two years.
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Author: Yolina
Yolina has followed closely the latest development on the Canadian gaming scene over the past years, monitoring the land-based, lottery, and online offerings up for grabs. The dynamic nature of the local lottery and casino fields, as well as the opportunities lying ahead of Canada fire her enthusiasm for what is to come. A sports betting enthusiast, in her spare time Yolina could be found in her natural habitat – turning the pages of biographies and catching up on the latest stand-up comedy podcasts.