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Sportech plc

10/30/2020 | News release | Distributed by Public on 10/30/2020 07:11

Sportech Extends and Expands its Quantum™ System Licensing Agreement with Veikkaus of Finland

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Tote Service Layer will help Veikkaus dramatically expand pool betting points of sale

Sportech Racing and Digital, a division of Sportech PLC, is pleased to announce the extension of its agreement with Veikkaus of Finland for the ongoing licensing and support of its Quantum™ pari-mutuel betting system.

In addition to the extension agreement, Veikkaus will utilize Sportech's Tote Service Layer to offer pari-mutuel betting on horseracing - alongside sports betting and lottery - from 4,500 points of sale, a significant increase of 3,500 over the current level of 1,000.

Ari Aarnihuhta, SVP & CIO of Veikkaus stated, 'Veikkaus has been very pleased with the quality of the Sportech solution and the responsiveness of the Sportech team. We are excited to leverage Sportech's technology solution to expand our network of pools betting points of sale; a change that we are confident will have a very positive impact on customer experience of horse racing betting in Finland.'

Bruno Gay, Sportech's Senior Vice President Sales and Business Development EMEA, remarked, 'Sportech is delighted to once again extend our long relationship with Veikkaus and to help facilitate the dramatic expansion of pari-mutuel betting to their 4,500 unit retail network with implementation of our Tote Service Layer.

'This project perfectly illustrates the flexibility of Quantum™ System and the seamless integrations facilitated by our Tote Service Layer. The combination of the two allows clients like Veikkaus to expand the reach of their pools betting products in order to grow their audience and deliver an overall better end user experience.'

About Sportech Racing and Digital :

Sportech Racing and Digital, a division of Sportech PLC, is a leading global provider of wagering technology solutions to licensed betting operators worldwide. Globally, our systems process $12.3 billion in bets annually, with a presence in 38 countries and in most U.S. states that permit such betting. In addition to software, hardware, and services that facilitate land-based pari-mutuel wagering, Sportech is one of the largest U.S. providers of web and mobile pari-mutuel wagering platforms. For more information, visit www.sportech.net.