Betradar has supplied technology for Swisslos' Sporttip sportsbook brand since 2003, with the new agreement expanding the partnership to include a flexible risk and trading management solution.

The MTS will be supplied alongside bespoke content from Betradar, allowing Sporttip to offer odds on sports and leagues popular in Switzerland, such as schwingen (a form of folk wrestling), track and field competition Athletics Zurich, and a number of equestrian events.

"We have worked with Betradar for 15 years now and we are really excited to see the efficiencies that this proven product can bring to our organisation," Swisslos chief executive Dr Roger Fasnacht said.

"At Swisslos, we are committed to providing the most reliable and competitive offering to our Swiss nationals: our collaboration with Betradar, the addition of MTS and their commitment to deliver bespoke competitions and content will ensure we become the destination of choice for Switzerland’s sports fans again."

Betradar managing director for MTS, Paolo Personeni, added: "While we already work with over 100 MTS customers located in places such as North and South America, Africa, Europe and Asia, Swisslos's trust in Betradar and faith in our MTS offering is greatly valued and appreciated.

"Their reputation in Europe and further afield is strong and credible and so our collaboration is a real tent-pole partnership," he explained.