OpenBet has been selected by BandBet to provide its full betting and gaming ecosystem to the operator for the Brazilian market.
OpenBet will provide its player account management system, bet builder, managed trading services, geolocation, compliance, and iGaming products to BandBet, which is operated by Bell Ventures.
Bell Ventures is one of the operators currently live in Brazil during the market’s transition period and expects to secure a licence ahead of the opening of the regulated sports betting and iGaming market in Brazil on 1 January 2025.
“At OpenBet, we pride ourselves on supporting leading brands with the highest standards in the industry. By leveraging our comprehensive betting ecosystem, BandBet will offer an outstanding player experience, positioning itself as a leader in Brazil’s emerging gaming space. We look forward to supporting BandBet’s growth and furthering our mission to help operators thrive in this rapidly evolving market,” said OpenBet CEO Jordan Levin.
Claudio Giordani, CEO of Band, commented: “For decades, Band has been synonymous with high-quality entertainment in Brazil, and our sports coverage has been a key driver of our success.
“We are excited that Bell Ventures decided to enter the market with a brand licensed from our media group, as Band consistently contributes to international and local companies entering Brazil’s economy.”
Ricardo Bianco Rosada, board member of Bell Ventures, remarked: “Partnering with OpenBet was a natural choice. Their unrivalled expertise in the global betting industry will ensure BandBet is built on a state-of-the-art platform.
“Their ‘open’ system, integrating sports and iGaming, equips us with the flexibility and tools to thrive in a regulated, competitive market while ensuring responsible growth.”