Business News

Scientific Games' sportsbook platform OpenBet has reported a record number of transactions at this year's Cheltenham Festival.

SG Digital's sportsbook processed more than 39 million bets over the course of the four day National Hunt race meeting, which took place last week in Cheltenham, England, a rise of almost 10 per cent versus the previous year.

The company said that it processed a peak of 15,800 bets per minute for a single operator during the event, with the Gold Cup race attracting more than 10.9 million bets, an increase of 2.3 million bets compared to last year.

Commenting on the platform's performance, SG Digital SVP of sportsbook and platforms, Keith O’Loughlin, said: "OpenBet has a proven track record for providing a robust performance during the world’s biggest sporting events, and I’m delighted that the latest figures show we have once again delivered scale and stability for our customers.

"The Cheltenham Festival is a hugely important sporting fixture for our customers. With such a vast volume of transactions to handle, there is no room for downtime. This year’s stats show that we have further cemented our position as a trusted and reliable provider."

Shares in Scientific Games Corp. (NSQ:SGMS) closed in New York Tuesday down 2.82 per cent at $44.80 per share.