Sporting Solutions, the B2B arm of spread betting specialist Sporting Group, has agreed a deal to supply sportsbook pricing services to Swedish state-owned gaming operator Svenska Spel.
Sporting Solutions was chosen following a competitive public procurement process and will supply pricing services to Svenska Spel for an initial one year term.
“With the help of our pricing and trading services Svenska Spel will be better able to compete with private operators in their liberalising domestic market,” said Simon Trim, chief executive of Sporting Group. “Their ability to use our software to pool further resources into local sports will increase differentiation, drive acquisition and help maintain their position as a market leader.”
Svenska Spel vice president of products and services, Fredrik Wastenson, added: “We committed to a competitive procurement process in 2017 to attract a sportsbook supplier able to provide us with expansive content, accurate pricing and strong heritage in the industry, and we’re confident Sporting Solutions can deliver on all three.
“Having seen their trading solutions first hand, it’s clear they’re built on decades of experience delivering profitable models across numerous sports. We look forward to leveraging this, in partnership with our own trading team, to deliver the sportsbook our customers deserve.”