Playtech Plc has announced that it will serve as lead platform and system provider for challenger sportsbook brand 10bet’s UK and Swedish market activities.
The agreement comes as 10bet hits the corporate milestone of servicing “a loyal user base of more than one million bettors”.
Seeking to expand its presence in the UK and Sweden significantly, 10bet has appointed Playtech to bolster its operating systems capacity, in which the FTSE250 technology group will serve as lead sportsbook supplier for 10bet’s UK operations.
Yuval Klein, 10bet Spokesperson: “Teaming up with Playtech in the UK is truly remarkable. This partnership delivers top-tier experiences, advanced player protection tools, and sparks UK sports betting. It’s a win-win situation, fostering growth for both 10bet and Playtech, while providing our fans with an exceptional sports betting experience.”
“We’re wholeheartedly dedicated to this collab and eagerly anticipate what the future has in store.”
In Sweden, Playtech will provide 10bet with its Player Management System/IMS, Playtech Open Platform.
Playtech underlined its commitment to the Swedish market, since as of last November, Sweden’s new law mandates gaming software suppliers to have licenses from July 1st.
Shimon Akad, COO at Playtech: “We are delighted to be entering into a partnership with 10bet and increasing our presence across the UK and Sweden.
“This partnership is a huge moment for our sportsbook offering, and we are very excited to see what both of these key markets, Sweden and the UK, bring to Playtech and 10bet. This is only the beginning of our relationship, and the opportunities are endless”.