OpenBet Sports Betting Technology Powers Czech Lottery Company SAZKA a.s.’ Sportsbook Arm, Sazkabet
July 06 2022 - 4:00AM
Business Wire
New Partnership Expands OpenBet’s Sports
Betting Technology and Presence in European Market
The Las Vegas-based, leading cross-platform global game company
Light & Wonder, Inc. (NASDAQ: LNW) (“Light & Wonder,”
L&W” or the “Company”) today announced that its Sports Betting
business (“OpenBet”) has successfully delivered its full turnkey
platform to SAZKA a.s. and its Czech-facing sportsbook brand,
Sazkabet. Sazkabet has entrusted OpenBet to power the next
generation of its online and mobile sportsbook offering as part of
a new agreement.
Sazkabet has deployed the fully managed OpenBet platform, which
includes the powerful, reliable, and scalable betting engine and a
full risk and liability management pricing and trading service
covering a wide range of sports. OpenBet is fully compliant for the
Czech Republic market and will provide a safe and responsible
betting experience.
SAZKA a.s. is the largest lottery operator in the Czech
Republic. With this new partnership, OpenBet has extended its
sports presence within the European market, with its content-rich
proposition set to deliver exciting betting experiences across the
central European nation.
OpenBet is the leading provider of sports betting technology,
content, and services to lotteries worldwide and this latest
agreement ensures seven World Lottery Association (“WLA”) members
are live with its sports betting technology.
Jan Horyna, iGaming Director at SAZKA a.s. said: “Transitioning
to OpenBet’s sports betting technology and services is a key move
for us to provide our customers with high-quality and responsible
betting experiences. With OpenBet’s transformed modern technology,
we are delighted to have introduced significant improvements to our
overall sportsbook offering and relish the opportunity to plan
future collaborations with OpenBet over the coming months.”
Nikos Konstakis, Group Chief Product Officer at OpenBet, said:
“Partnering with SAZKA a.s.’ sportsbook arm Sazkabet, known for
holding a considerable share of the market in the Czech Republic,
is a key customer win that we’re very proud to announce. We have a
strong track record for delivering sports betting solutions to WLA
members worldwide and are very much looking forward to driving next
level player experiences for Sazkabet. Through our comprehensive
range of products and services, the lottery is well positioned to
hold the competitive edge and bring exciting betting experiences to
the people of the Czech Republic.”
OpenBet is the world leader in sports betting entertainment.
With over 25 years’ experience and a passion for innovation,
OpenBet’s modular range of technology, content and services is
entrusted by the globe’s biggest sports betting brands, lotteries,
casinos and tribal operators. It is a leading business-to-business
sports betting partner in the U.S., U.K., Australia and Canada,
with a strong position in Europe and APAC. To date, OpenBet has
over 75 global customers, including 46 sports books across 12
states and a 100% uptime record across major sporting events. To
find out more about OpenBet, please visit www.openbet.com.
About Light & Wonder, Inc.
Light & Wonder, Inc. (formerly known as Scientific Games
Corporation), is the global leader in cross-platform games and
entertainment. The Company brings together 5,000 employees from six
continents to connect content between land-based and digital
channels with unmatched technology and distribution. Guided by a
culture that values daring teamwork and creativity, the Company
builds new worlds of play, developing game experiences loved by
players around the globe. Its OpenGaming™ platform powers the
largest digital-gaming network in the industry. The Company is
committed to the highest standards of integrity, from promoting
player responsibility to implementing sustainable practices. To
learn more, visit lnw.com.
Forward-Looking Statements
In this press release, the Company makes "forward-looking
statements" within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995. Forward-looking statements can be
identified by words such as "will," "may," and "should." These
statements are based upon management's current expectations,
assumptions and estimates and are not guarantees of timing, future
results, or performance. Therefore, you should not rely on any of
these forward- looking statements as predictions of future events.
Actual results may differ materially from those contemplated in
these statements due to a variety of risks, uncertainties and other
factors, including those factors described in our filings with the
Securities and Exchange Commission (the “SEC”), including the
Company’s current reports on Form 8-K, quarterly reports on Form
10-Q and its annual report on Form 10-K that was filed with the SEC
on March 1, 2022 (including under the headings "Forward-Looking
Statements" and "Risk Factors"). Forward-looking statements speak
only as of the date they are made and, except for the Company’s
ongoing obligations under the U.S. federal securities laws, the
Company undertakes no obligation to publicly update any
forward-looking statements whether as a result of new information,
future events or otherwise.
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