Videoslots partners with Betradar as it creates operator
Another online sportsbook is making moves in preparation of opening sometime next year. Videoslots, based in Malta, recently came to an agreement for a partnership with Betradar, allowing Videoslots to use the company’s Integrated Trading Solutions into its sportsbooks. This will help, in part, to make Videslots’ venture into the sportsbook world possible in a more timely manner. Betradar has a thoroughly extensive background in the sportsbook industry. As such, newer companies to the industry, such as Videslots, often employ Betradar to help them in their new foray. The company is hoping that this partnership will enable them to enter the market as quickly as possible in 2020, offering another online sports betting solution to Europe’s already packed marketplace.
Videoslots is certainly taking the sportsbook move quite seriously. The company, which is already a leading force in the online gaming world, has hired a head of sportsbooks, Martin Calleja. His job is to continue monitoring the development of the sportsbook to make sure that everything continues to operate on schedule.
The increasing popularity of sports gambling — and the general acceptance of the practice — has lured more online casinos and iGaming companies to try their hand in the market. Current, Videoslots offers more than 3,600 slot games and table games at its online casino, which has quite the audience in markets such as Denmark, Sweden, Italy, Malta and the UK. Now, those players will be exposed to Videoslots’ new sportsbook offering starting sometime in the new year.
At the same time that the company is working on offering an online sportsbook, Videoslots is also expanding its titles for slot games. A recent agreement with Skywind Group will bring more than 230 slot game titles to Videoslots’ online casino. The company believes that expanding what it offers with online casino games while also expanding to offering a sportsbook will be important for its future.
Videoslots is expanding not only what it’s offering in terms of games and a sportsbook, but it’s also expanding into new markets as well. The latest market the company entered is Italy, which has a regulated gambling market. Videoslots recently received a license to operate its online casino In Italy. The company’s officials believe the new market could prove to be very beneficial to them.
In addition to Italy, Videslots also entered into the market of Denmark. With the Danish Gambling Authority giving approval to Videoslots to operate an online casino, Videoslots added yet another market.
Videoslots is entering new markets in Europe at the same time that it is beginning to offer an online sportsbook. This will immediately give the company a new audience that it can capitalize on for both products at the same time.
The company may even decide to try to enter some other international markets, such as the United States and Canada — which could both prove to be very lucrative to companies that provide online sportsbooks. The U.S. legalized sports gambling last year, allowing each state to make its own rules regarding the practice. Canada, meanwhile, is pushing to legalize single game sports gambling as well, with the fight expected to drag into 2020. If you want to get in on the sports betting action, check out the online sportsbook below.
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