Sports Betting
Meridianbet’s Live Betting: Celebrating 23 Years at the Heart of Betting Innovation
For customers, sports and gaming have always been a loved and potent mix, and Meridianbet has been at the forefront of this sector for more than two decades.
Extensive Event and Odds Offerings
A market leader with 57,400 pre-match sporting events across 46 sports and nearly 53,257 live betting opportunities each month. In 2023, Meridianbet offered an astounding total of 681,084 matches, including 361,931 in real sports, setting a new benchmark for the industry.
Empty Bet: Your Bet, Your Way
The Empty Bet feature is what truly sets this operator apart from other betting platforms. Unlike traditional bet builders, which allow customers to combine selections from different events or markets within a game, the Empty Bet service takes customisation to the next level. Customers can submit their own unique wager ideas, as long as they meet legal, ethical and industry good practice standards. This feature is available to Meridianbet’s players worldwide, both online and in its retail network of 742 shops across Europe, the Americas and Africa.
Dynamic Live Betting: Tailored Solutions for Operators and Clients
From the adrenaline of sports to the quirky corners of entertainment, the vast betting options cover the globe’s interests. The skilled oddsmakers have powered this diversity, establishing the company as a trusted name in betting.
A Legacy of Diverse Betting Options
Having been in the industry for over 20 years, Meridianbet has become a household name for offering bets on a wide range of events, both sporting and non-sporting. With a team of skilled oddsmakers, the company can offer bets on a wide range of things, from the most popular sports to the strangest events.
A Safe Bet: The Best Bet
The company’s commitment to responsible betting is unwavering, with strict policies ensuring a safe and ethical betting environment. It’s about respect – for the game, the bet, and most importantly, the bettor. A high ethical code underscores every action, with stringent self-exclusion and reality checks.
Seamless Betting with the App
The pandemic showed us all the critical role of digital access. The company responded by enhancing the app’s stability and speed, ensuring the betting experience is seamless, anytime, anywhere.
Beyond Tech: Giving Back
The company’s dedication goes beyond the bet. With 225 CSR actions in 2023, they are deeply committed to enriching communities, demonstrating that their hearts beat strongest in the service of others.
The post Meridianbet’s Live Betting: Celebrating 23 Years at the Heart of Betting Innovation appeared first on European Gaming Industry News.
Apricot
Super Group Announces Key Terms of Strategic Transaction to Assume Full Control of its Sportsbook Technology Platform
Super Group, the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, announced that it has entered into definitive agreements to assume full control of its sportsbook software technology licensed by Apricot, Super Group’s long-standing software partner.
The transaction brings Super Group closer to its goal of fully owning and controlling its sportsbook technology across its worldwide markets, giving the company the capability to apply this technology stack to any properties it may buy or build in the future.
Super Group has agreed to acquire this technology for a total consideration of c.€140 million from Apricot’s licensor, plus additional amounts payable if certain earn-out conditions are achieved. The upfront consideration consists of c.€100 million, which will be paid in the form of cancellation of an outstanding loan. Super Group will pay an additional €40 million in two equal payments over the next two years, of which up to €20 million may be paid in ordinary shares of Super Group at its sole discretion. Additional payments of up to €210 million could be made through a contingent earn-out mechanism if Super Group’s sportsbook revenue more than doubles during the earn-out period which runs through December 31, 2035. The earn-out is calculated as a percentage of monthly sportsbook net gaming revenue, ranging from a low single-digit to high single-digit percentage.
Neal Menashe, Chief Executive Officer of Super Group, said: “I’m delighted that we have now concluded terms for the sportsbook – we have been working closely to agree to an equitable deal with a favorable structure for both parties. This is an exceptional opportunity for Super Group to take full control of our sportsbook technology, which would enable maximum flexibility for organic growth as well as M&A opportunities. We’ll continue to deliver the best sports betting and gaming experience to our customers around the world as the benefits of this deal are realized.”
Sparket has selected AmTote as its wagering platform solution that will see Sparket’s parimutuel technology integrate into the AmTote totalisator and hubs.
The integration will give Sparket access to the largest online betting platform processor in North America with over $15bn in annual processed global handle. This news follows Sparket’s recent announcement of an expanded partnership with the World Jai Alai League, which will be an initial partner in bringing the integrated technology to market.
“Sparket is on a mission to enhance the parimutuel wagering experience and partnering with the biggest name in the industry is a massive step for us,” Evan Fisher, COO of Sparket, said.
“AmTote loves to see innovation and fresh approaches come to market, and we are excited at the potential of technologies like Sparket to help expand the ecosystem,” Keith Johnson, President of AmTote International, said.
Leading sportsbook goes live with full multi-product offering across key market
Altenar, a leading sportsbook and iGaming software provider, has obtained a B2B licence in Greece, expanding its outreach across another established European territory.
The company, which already has an office in Athens, has secured a licence from the Hellenic Gaming Commission, boosting Altenar’s presence in the country and adding a Greek licence to its already comprehensive portfolio.
Altenar’s expertise reaches more than 50 countries where gambling is legalised and the Greek licence, which is valid for seven years, paves the way for the company to offer its services in a new jurisdiction.
Since the introduction of the new regulatory framework, online betting in Greece has emerged as a success story, with the country undergoing robust growth, as market data shows tax revenues expected to reach €540,000,000 this year and the creation of numerous job opportunities.
Marina Zacharopoulou, Compliance Manager at Altenar, said: “The process of obtaining a licence for Altenar was rigorous, albeit familiar due to our experience with similar procedures in other jurisdictions. While we encountered typical challenges along the way, we navigated them smoothly.
“Achieving a Greek licence holds special significance for Altenar, as a considerable portion of our team is Greek, making it feel like a homecoming. Personally, I believe that Greece’s historical connection to games of chance, evident in the popularity of gambling in ancient times and the presence of deities like Tyche, adds cultural resonance to our licensure.
“Securing our presence in Greece through licensure not only demonstrates our commitment to regulatory compliance but also positions us to capitalise on the country’s expanding market.”
The post Altenar celebrates Greek licence in landmark moment for business appeared first on European Gaming Industry News.
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