GR8 Tech has strengthened its existing product portfolio with the launch of a new sports betting platform, GR8 Sportsbook.
The platform, which has been built using the firm’s Modulor design system, will cover more than 40 different sports including both global and region-specific events.
CEO Evgen Belousov explained: “GR8 Sportsbook is the industry’s dark horse, ready to redefine the global market. We’re committed to making our clients thrive in both established and emerging markets.
“But if you’re interested, act fast – we’re all about quality, not quantity. The future of betting is GR8, and we invite you to be a part of it, starting now.”
Beta testing of the GR8 Sportsbook during the FIFA World Cup in 2022 revealed that the platform maintained a 99.95% uptime.
The trial demonstrated that the platform can process “30,000 bets per second and efficiently settle an impressive 1m bets per minute” – 99% of which are settled within 60 seconds of an event conclusion.
Partners using the platform will have access to GR8 Sportsbook’s Managed Trading Services. This, the provider explained, gives sports betting operators access to a wider range of betting options that can be customised to suit their audiences.
A statement from the company added: “With advanced margin management capabilities based on competitive analysis, fine-tuned per region, GR8 Sportsbook strikes an optimal balance between user acquisition, turnover, and margin.
“These attributes, coupled with extensive operational experience, a dedicated development team, and a commitment to superior tech, highlight GR8’s pledge to offer the most comprehensive, data-driven, and scalable Sportsbook in the igaming industry.”
GR8 Sportsbook will utilise artificial intelligence to enhance the user experience on its platform. This will include the roll out of features such as ‘Watch & Bet’, ‘Top Multiple Bets’ and ‘Surprise Me’ in addition to customisable, gamified mechanics.