Light & Wonder has announced that its sports betting business OpenBet will power Sazka a.s and its Czech sportsbook brand Sazkabet's online and mobile sportsbook.
As part of the deal, Sazkabet has already deployed the OpenBet managed services platform, which includes a scalable betting engine and risk and liability management system.
In addition, OpenBet has now expanded its presence across Europe by partnering with Sazka , the largest lottery operator in the Czech Republic.
Jan Horyna, Sazka’s igaming director, said that the agreement is crucial to improving the company’s offerings.
“Transitioning to OpenBet’s sports betting technology and services is a key move for us to provide our customers with high-quality and responsible betting experiences,” said Horyna.
“With OpenBet’s transformed modern technology, we are delighted to have introduced significant improvements to our overall sportsbook offering and relish the opportunity to plan future collaborations with OpenBet over the coming months.”
OpenBet currently has more than 75 global customers, including 46 sports books across 12 states.
Nikos Konstakis, OpenBet group chief product officer added: “Partnering with Sazka a.s.’ sportsbook arm Sazkabet, known for holding a considerable share of the market in the Czech Republic, is a key customer win that we’re very proud to announce.”
“We have a strong track record for delivering sports betting solutions to World Lottery Association members worldwide and are very much looking forward to driving next level player experiences for Sazkabet,” he continued.
“Through our comprehensive range of products and services, the lottery is well positioned to hold the competitive edge and bring exciting betting experiences to the people of the Czech Republic.”
The news follows Light & Wonder’s decision to slash the price of its OpenBet sale by $400m, as it sells the business to IMG-arena owner Endeavor.