Sportech signs U.S sports betting platform agreement with Sportradar

Sports Betting

Sportech, the international betting technology business, today announces that the Group has signed a commercial sports betting agreement with Sportradar AG, a global leader in the provision of data and digital content to the betting industry, enabling the Group to offer a fixed odds sports betting book in the emerging US sports betting marketplace.

Under the terms of the Agreement, Sportech will be able to offer Sportradar’s trading and risk management services, as well as its comprehensive range of tools and services in the anticipated roll-out of legal sports betting in the US.

This new Agreement, which follows the US Supreme Court’s recent decision to allow US states to adopt legislation to permit and regulate sports betting, will allow Sportech to offer Sportradar’s proven sports betting related product portfolio to the Group’s network of over 90 licensed operator business clients and other eligible operators in states where sports betting activity is legislated.  This includes pre-match and in-play betting services, content, trading tools, and risk management services. Sportech will also deploy Sportradar’s turnkey sports betting platform across its retail business in Connecticut when legislation permits.

Commenting on the Agreement, Andrew Gaughan, CEO of Sportech, said: “We are pleased to expand Sportech’s product line to include Sportradar’s globally recognised sports betting capability.  We are now well placed to deliver a world class sports betting experience to our business clients across the US as well as to our retail customers in Connecticut through our online and mobile channels, when legislation permits.  Sportradar is a leader in sports event data, monitoring, and integrity and is an official partner for the NBA, NFL, NHL, NASCAR amongst others and we are pleased to have forged this strategic agreement.”

Neale Deeley, VP Gaming Sales for Sportradar, said: “We are excited to partner with Sportech, who share our vision of how the US sports betting market will unfold and who are well positioned to capitalise on that market with their existing gaming licenses and strong customer base.  Sportradar’s turnkey solutions and market leading bookmaker services will accelerate their sportsbook offering and provide them with a strong advantage as other states pass sports betting legislation.”