Scout Gaming kicks off second half year with multiple deals and sportsbook launch
From June until now Scout Gaming has secured five agreements, of which four will be participating in the real money network. In addition, Scout has launched its Sportsbook on the first B2B client and is close to launching a previously disclosed collaborative venture with Razer Inc., the world’s leading life-style brand for gamers.
Scout Gaming, the world’s leading global provider of B2B Daily Fantasy Sports, Sportsbook, Fantasy betting and other related sport betting products has put pen to paper to several deals following this summer, of which four will be part of the world’s largest networked real money fantasy games, the Scout Gaming Network (SGN).
Recently, four new contracts with iGaming operators joining the network have been signed, out of which one operator has already gone live and two planned to launch before the end of the month. Last week a previously signed operator went live, making the total number of operators in SGN reach ten. With the addition of what is under integration, including Swedish market leader ATG, the number of SGN operators is expected to surpass fifteen by the end of year which would also mean that the number of SGN operators would then have doubled in less than 6 months.
Amongst the operators recently signed is Golden Matrix Group, a publicly traded Las Vegas based US turnkey content and white-label provider focusing on emerging markets. Another noteworthy addition is Olympic Entertainment Group, an Estonian licensed and regulated land-based and online casino operator who is currently number 1 online operator in Estonia, and top three in Baltics overall.
In addition to the growth of the real money network, Scout is bringing several new products to market. One of which is via a collaboration project with Razer Inc. the world’s leading lifestyle brand for gamers and innovator in the field of e-sports. The parties have collaborated in recent months to develop a mobile app(IOS/Android). Razer operates the world’s largest gamer focused ecosystem of hardware, software and related services and its roughly 150 million users will be able to enjoy Scout’s products by connecting their RazerID through the app.
A couple a weeks ago, the market leading Norwegian operator, Norsk Tipping went live with Scout Gaming’s software. They are currently under a beta-test for real-money-gaming which so far has met their expectations. It is the first time in eight years, a new gaming vertical for real money has been launched on the Norwegian market. Norsk Tipping are collecting customer feedback before going into a full market launch. We have long-term high expectations on Norsk Tipping to deliver substantial liquidity to SGN.
Adding to achievements, Scout has since 2019 been developing a Sportsbook on its proprietary tech stack, which entails setting up and growing an in-house odds trading and risk department. The Sportsbook via Fanteam.com and with the recent addition of live odds markets plus a long list of features planned in upcoming releases during the remainder of the year, the Sportsbook is now in the process of full commercialization.. In a given week the Sportsbook is covering roughly 20,000 betting markets spanning across 50+ international sports & leagues of which a sizable portion is attributable to Player Performance Odds also referred to as ‘fantasy bets’, unique betting markets only available via Scout Gaming. The first ‘full Sportsbook B2B client went live this month already taking bets via the Scout Sportsbook.
Andreas Ternström, Chief Executive Officer at Scout Gaming, said: “It’s with great pride when I recognize the rate at which our team is continuing to push boundaries. We continuously sign and launch operators at a rapid pace whilst executing on an ambitious roadmap. The level at which this company is bringing new products to life is one that I have never seen before. This is owed to the investments made in not only our own technology but the people that create it. It’s taken us a while to get here but in return we are building an extremely strong foundation for continuous growth over many years to come“
For additional information, please contact:
Andreas Ternström, CEO, Scout Gaming
Tel: +46 706 770 660
E-mail: andreas.ternstrom@scoutgaminggroup.com
ABOUT SCOUT GAMING
Scout Gaming Group is a multiple award-winning licensed and regulated premium provider of B2B Fantasy Sports & Sportsbetting. The company offers a flexible and customizable sports entertainment platform with the core pillar being the network-based Fantasy Sports solution(SGN) and a fully-managed Sportsbook capable of being tailored to market needs, whether real money Fantasy Sports, odds-based sports wagering or Free2Play. Technology and operations are 100% proprietary, having developed from the ground up and operated in-house, – allowing for virtually any sport, league, or game format to be offered. The company has achieved several industry-first’s such as the world’s largest globally pooled DFS network (SGN), Fantasy Matchups, Bet-on-my-team, Player Odds and the world’s first natively integrated DFS and Sportsbook solution – all via one single integration. The Group has 100+ employees and is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway, and Lviv, Ukraine and Malta. Scout Gaming is listed on the Nasdaq First North Growth Market and the Certified Adviser is Redeye AB. Contact details: Certifiedadviser@redeye.se, +46 (0)8 121 576 90.
ABOUT OLYMPIC ENTERTAINMENT GROUP
Olympic Entertainment Group AS with its subsidiaries (hereinafter the “Group”) is the leading provider of gaming services in the Baltic States (Estonia, Latvia and Lithuania) and operates casinos in Slovakia, Italy and Malta. As of 31 December 2020 the Group operated 23 casinos in Estonia, 52 in Latvia, 17 in Lithuania, 4 in Slovakia, 14 in Italy and 1 in Malta. The Group employed 2,200 employees in 6 countries.
ABOUT GOLDEN MATRIX GROUP
Golden Matrix Group, based in Las Vegas NV, is an established gaming technology company that develops and owns online gaming IP and builds configurable and scalable white-label social gaming platforms for its international customers, located primarily in the Asia Pacific region. The gaming IP includes tools for marketing, acquisition, retention and monetization of users. The company's platform can be accessed through both desktop and mobile applications. Our sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with current US law.