Endeavor Group Holdings has agreed to sell OpenBet and IMG Arena in a management buyout backed by Ariel Emanuel (CEO of Endeavor) with participation from executives of OpenBet, including the company’s CEO Jordan Levin. OpenBet, which enjoyed a strong first half of 2024 with its global customer base increasing by more than 40% year-on-year to over 200 customers, will continue …
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OpenBet makes further move in Brazil with Bell Ventures
OpenBet has been chosen by Bell Ventures Digital Ltd to power the company’s online betting and gaming brand in Brazil. In addition to providing the platform’s core technology, the company enters the market with the BandBet brand, licensed from Grupo Bandeirantes de Comunicação (Band). Jordan Levin, CEO of OpenBet, commented: “At OpenBet, we pride ourselves on supporting leading brands with …
Read More »OpenBet to power Brazil Bets offering of Grupo Silvio Santos
OpenBet has won a major commercial agreement in Brazil, being summoned to power the forthcoming sportsbook and igaming platform of ‘Todos Querem Jogar’ (TQJ). The appointment of OpenBet was made by the Brazilian leisure and media conglomerate Grupo Silvio Santos (GSS) to launch and power TQJ as its first online gambling venture. GSS has been a prominent entertainment provider for …
Read More »OpenBet views no pre Bets advantage as Brazil sheds its grey wings
Operators have been warned about the nuanced localisation and tech challenges of Brazil’s forthcoming online gambling marketplace, as it transitions from a mature grey market to a fully-regulated regime. The White Paper “How to Win in Brazil’s Regulated Market” sees OpenBet, the leading sports betting and igaming systems supplier for tier-1 operators, provide localised strategies and detailed insights for succeeding …
Read More »OpenBet ‘immensely satisfied’ with ongoing global advancements
OpenBet has its sights set on continued success and growth following a report of ‘strong momentum’. This success has been put down mainly to new customer deals and expansion of its modular product suite. In detail, the first half of 2024 saw the technology, content and services provider’s global customer base grow by more than 40% year-on-year, and it now …
Read More »OpenBet reveals ‘next level’ geolocation tool powered by AWS
Betting service provider OpenBet has released its newest modular offering with scalable geolocation, OpenBet Locator. The solution is built on OpenBet’s cloud provider, Amazon Web Services (AWS), and gives operators globally a comprehensive insight into their customers’ behaviour with low latency, all while remaining compliant with regulations. First launching in North America, OpenBet Locator will feature: Fully flexible geo-fence management …
Read More »Jordan Levin: OpenBet DNA strengthened by IMG ARENA refresh
Jordan Levin is confident that the Integration of IMG ARENA under OpenBet will create global gambling’s most sophisticated technology business, delivering end-to-end sports data, technology and content ecosystem for betting operators and rightsholders. Levin told SBCNews following the disclosure by NYSE sports and entertainment firm Endeavor Co that it had taken the decision to merge IMG ARENA’s business with OpenBet. …
Read More »OpenBet facilitates next gen of OPAP’s retail betting offering
OpenBet has extended its long-term partnership with Greek gambling operator OPAP to deliver an enhanced retail betting experience. Under the new framework, OpenBet’s technology platform and products are leveraged across OPAP’s retail estate. Jordan Levin, Group CEO of OpenBet, commented: “We’re proud to have facilitated the next generation of OPAP’s retail betting offering, particularly so soon after the success of …
Read More »OpenBet partners with Play7.Bet to line up Brazil debut
OpenBet is set for launch in the up-and-coming Brazilian sports betting market via a partnership with Portuguese language operator Play7.Bet. The Endeavor-owned betting solutions provider will support Play7.Bet with its Player Account Management (PAM), encompassing promotional, customer relationship management, AML and responsible gaming tools. Additionally, the operator will also utilise OpenBet’s Betting Engine and Managed Trading Services, as well as …
Read More »A legacy as ‘one of the good guys’ – OpenBet’s Jordan Levin reflects on leadership
M&A and structural changes are a huge part of the betting business and are developments with which Jordan Levin, CEO of OpenBet, has had extensive first-hand experience. Having been ‘found’ by the betting and gaming sector in 2006 after a career in the higher echelons of finance, Levin has seen OpenBet – which he took the helm of as CEO …
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