SBTech will provide two Latin American gambling giants with its award-winning sports betting system, which will be able to operate on multiple channels.
"We're delighted to have teamed up with both PLE and Spin Entertainment to deliver our products into Mexico and Argentina, which will significantly expand our reach in Latin America," SBTech CEO Itai Zak said. "Our solutions will provide them both with the cutting-edge technology to entertain their customers and develop additional revenue streams with the very latest Ante Post and in-play opportunities."
Spingol and its business-to-business subsidiary Spin Entertainment will get the online platform, which allows gamblers to bet on over 25,000 events per month. Promotora Latinoamericana de Entretenimiento will also carry the products.
"SBTech's success in regulated markets around world persuaded us that they were the right technology supplier to partner with in order to make the most of the highly competitive Mexican market," Gustavo Ysmail, general manager at PLE, said. "Their modern products will give us the opportunity to differentiate our offering from our competitors and provide our customers with more markets, faster customer service and increased entertainment."
SBTech’s system contains various hardware and software systems that allow users to bet on numerous events, while allowing them to pay and cash out at will.
"Choosing the right platform for our customers to use is an important one, and I'm very confident that we have made the right decision with SBTech," Spin Entertainment CEO Juan Machinandiarena said. "Their solutions are perfect to help us develop new markets and products, and their modern software will give us a distinct advantage over our competitors."