Openbet New Betting Sites
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OpenBet Ltd Casino Sites. Openbet was established in 1996, and its products include poker, casino, and sportsbook. Partners are some of the world's most successful operators and these include William Hill, Paddy Power, Betfair, and Ladbrokes. Openbet is also the chosen supplier of National Lotteries in North America. With New Jersey poised to become the fastest growing sports betting market in the US, Scientific Games has partnered with one of the country’s largest casino operators to integrate its OpenBet sportsbook. OpenBet was founded in 1996, originally going by the name Orbis, and ever since then, it has become a prominent name in the world of online gaming being in partnership with such huge sites such as BetFair, SkyBet, Paddy Power, Ladbrokes, PMU and William Hill. OpenBet is the market leader in providing software for the betting and online gaming industry. Founded in 1996, OpenBet helps power the most successful operators, including William Hill, Ladbrokes, Paddy. The largest of these, however, is their slots. OpenBet casinos offer both 5-reel and 3-reel games, each with its own theme and pay structure. Some of the games are even based on popular television shows, such as Stargate SG-1 and The Good, The Bad, and The Ugly. The sites on our OpenBet casinos list also offer a multitude of other kinds of games.
New Zealand’s TAB has unveiled its new betting site with partners Paddy Power Betfair and OpenBet.
The new fixed odds platform and mobile app is powered by SG Digital-owned OpenBet’s technology, with Paddy Power Betfair providing odds services for international sporting events.
The enhanced site, first announced in 2017 as a response to falling market share, will offer cash-out for the first time as well as an improved in-play betting service, more international and local markets and streaming coverage.
TAB owner New Zealand Racing Board (NZRB) described the new site as a “game-changer” for sports betting in New Zealand, estimating it will deliver a NZ$30m (€17.6m/$20.4m) increase in net betting profit from 2021/22.
“This is the dawn of a new era for the NZRB and for New Zealand betting customers as we deliver a more compelling betting experience and significantly enhancing the number of betting opportunities we can offer,” says NZRB chief executive John Allen.
“We’ve replaced our existing website and app with a responsive, modern and easy-to-navigate site that delivers more products and events.
“The new platform will also be a game-changer for our core business, improving business stability and continuity and by moving a number of core functions managed by our old system Jetbet, into a new platform provided by Openbet it gives us the flexibility to set our own odds on events where our local expertise outpaces the PaddyPower options.”
TAB has a notional monopoly on sports betting in the country, however its failure to prevent punters seeking out offshore rivals led to it announcing plans to enhance the site back in 2017.
The updated TAB service was due to be ready by August 2018, but launch was postponed due to extensive testing. The site closed entirely for business between Sunday evening and Monday morning in preparation for the launch of the new system, website and mobile app.
Openbet New Betting Sites 2019
Last July it was estimated that the project would cost NZ$37-39m in total, with the NZRB estimating that it would take 3.3 years of the revamped TAB being live to recoup these costs.
Allen said the contribution of partners OpenBet and PaddyPower Betfair ensured TAB would be more competitive and therefore increase returns to the racing industry.
Openbet Sportsbook
He said: “What they have done is ensure the New Zealand TAB, a significant and valuable industry asset, can now compete with the rest of the world, increase our revenue and in turn, our distributions back to racing and sport.”
Consumers in New Zealand spent NZ$2.33bn on gaming and gambling in the 2016-17 financial year, up 5.7% on the previous 12 months.
Scientific Games has partnered with FanDuel, a Flutter Entertainment company, for its online sportsbook in West Virginia, US.
Openbet New Betting Sites 2020
The online FanDuel sportsbook has been live in the state since 2019, but the group has a new global solution developed with Scientific Games using the OpenBet betting engine. The partnership between the two companies goes back over 20 years with Flutter.
OpenBet is a key component powering Flutter’s global sports betting platform for brands such as Betfair, Sky Bet and Paddy Power in Europe and Sportsbet in Australia.