SBC News Voice of the Sports Betting Industry
12 operators holding existing agreements with Scout Gaming can now introduce its DFS services in the UK market after the company secured a licence to provide its fantasy sports solution.
The Group’s CEO Andreas Ternström said that it had refused to shy away from the “toughening regulatory environment trend” by securing the B2B licence from the UK Gambling Commission.
It is an extension to Scout’s B2C licence, which enables them to offer its products services to external brands operating in the UK market.
Ternström commented: “We are delighted to have been awarded a B2B licence from the UKGC, allowing us to address yet another regulated market with great potential.
“Scout is a recognized leader in B2B solutions for fantasy sports and pool betting. To date we have signed 12 licence agreements with operators, several of which have existing operations in the UK, where they now can introduce our services.”
He added: “With a toughening regulatory environment trend ongoing, not only in the UK, operators need to look for new ways of acquiring players and broaden their target group.
“We build games that speak to a different kind of audience, one that is generally more well educated and with higher levels of income. The skill aspect also attracts the younger generation who has grown up playing skill based games on their game consoles, computers and hand held devices.
“The rare combination of skill game and gambling, mixed with high level of excitement makes our games particularly appealing to the savvy punters.”
Scout Gaming Group has also shown its hand in the US by partnering with Metric Gaming to develop new products, although the future of DFS across the pond has been clouded somewhat by a judge in Albany ruling that it is a form of gambling and should be considered illegal in New York.
