Gaming software and platform provider BetConstruct is to offer its operator partners a financial betting solution through a new licensing agreement with binary options platform provider Tradologic.

The deal will see Tradologic provide BetConstruct's Spring platform with a flexible and dynamic trading interface, alongside a wide array of betting options and advanced features in order to attract new customers, as well as support services.

BetConstruct said that it had enhanced its product portfolio after identifying the potential and increased popularity and scalability of binary options, which will now be offered to its 120 clients.

After carefully researching the options available, the supplier said, it had selected Tradologic as its preferred partner.

“When selecting suppliers for the new products we want to offer our partners through the Spring, we never go for the second best,” BetConstruct chief executive Vahe Baloulian said. “Therefore, partnership with Tradologic allows our partners to benefit from their excellent platform performance, innovative solutions, full compliance with the regulated markets and complete 24/7 technical support.

“We are confident that Tradologic products will greatly contribute to success our operators are enjoying with the Spring platform,” Baloulian said.

Tradologic said that as it was looking to expand its presence in the online gaming market, it had developed strategies to establish a global position in the sector.

“I am extremely pleased to announce our partnership with BetConstruct,” Tradologic chief operating officer Gil Erez said. “This is another significant asset for our company, one that reasserts Tradologic’s leadership position in the binary options industry.”

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