OpenBet strikes landmark partnership to amplify Veikkaus Digital and Retail Sportsbook capabilities
Finland’s national betting operator deploys WLA member’s leading product suite including platform technology and Managed Trading Services
November 16, 2023: OpenBet, a leading content, platform and service provider to the sports betting industry, has unveiled a long-term partnership with Finland’s government-owned betting operator, Veikkaus.
Finland stands out as one of the intriguing growth opportunities in the broader European sports betting landscape. As Finland moves towards a more inclusive betting system, allowing private companies to apply for sports betting and iGaming licences, Veikkaus has entrusted OpenBet's market-leading solution to be at the forefront of this transition and fuel future growth.
As part of the four-year agreement, OpenBet's unrivalled technology will power the Veikkaus sportsbook platform, expanding the operator's online and retail betting operations. The highly strategic move will also see OpenBet providing Veikkaus with its Managed Trading Services.
Nikos Konstakis, Chief Product Officer at OpenBet, commented: “Our partnership with Veikkaus demonstrates our ambition as pioneers in regulating markets. By integrating our innovative technology and tailored solutions, we are not just entering Finland, we're transforming its sports betting landscape. It's a monumental chapter for OpenBet and we look forward to setting an unparalleled benchmark with Veikkaus."
“This reaffirms our position as an undisputed leader in the WLA space, with 18 global partners, and highlights our expertise in the lottery sector and commitment to responsible gaming and driving success for operators through localised strategies.”
Juha-Matti Mäkilä, Vice President, Betting Operations at Veikkaus, said: “We're thrilled to partner with OpenBet in this venture. By utilising their deep-rooted expertise and top-tier technology solutions, we will redefine the user experience and elevate our sports betting offering."
“OpenBet’s advanced technology suite and a history of scaling operations in dynamic markets make them the ideal partner for us. We foresee that this partnership will make us strong and competitive in the evolving Finnish market today and for the future.”
About OpenBet
OpenBet is a world leader in sports betting entertainment. With over 25 years’ experience and a passion for innovation, OpenBet’s modular range of technology, content and services is entrusted by the globe’s biggest sports betting brands, lotteries, casinos and tribal operators. It is a leading business-to-business sports betting partner in the U.S., U.K., Australia and Canada, with a strong position in Europe and APAC. To date, OpenBet has over 100+ global customers and a 100% uptime record across major sporting events.
OpenBet is a subsidiary of Endeavor, a global sports and entertainment company.
The company has earned industry recognition through multiple award wins recently, including ‘Full-Service Platform Provider’ and ‘Sportsbook Platform Provider’ at EGR North America Awards 2023, ‘Platform Provider of the Year’ and ‘Land-Based Betting & Gaming Product’ at SBC North America Awards 2023, and ‘Sportsbook Platform Supplier’ at the EGR B2B Awards 2023.
To find out more about OpenBet, please visit www.openbet.com