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Austrian Football Federation partners with Sportradar Integrity Services

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Austrian Football Federation partners with Sportradar Integrity Services
Austrian Football Federation partners with Sportradar Integrity ServicesReading Time: 2 minutes

 

The Austrian Football Federation (ÖFB) has signed a six-year agreement with Sportradar Integrity Services, a global supplier of sports integrity solutions, to monitor and safeguard the integrity of its domestic football competitions.

Under the agreement, Sportradar will monitor more than 700 matches per season from the Austrian Regional Leagues using its bet monitoring solution, the Universal Fraud Detection System (UFDS).

The UFDS is an advanced and proven bet monitoring system, which has been independently assessed and verified by recognized experts in the field of sports betting and integrity. A global team of integrity experts analyze irregular betting patterns, which are identified through sophisticated mathematical models and machine learning algorithms. Any suspicious matches are reported to partners, providing essential visibility into worldwide match-fixing. Last year, Sportradar detected over 500 suspicious matches across global sport and has reported over 5,400 suspicious matches in the past 15 years.

Dr. Thomas Hollerer, ÖFB General Secretary said: “We recognize that match-fixing and other integrity issues present a clear and present danger in today’s sporting landscape and the ÖFB takes its obligations to this matter very seriously. By working with Sportradar Integrity Services to monitor our competitions through its UFDS solution, we will have valuable oversight of global betting markets offered on our games. Sportradar has a proven track record in the field of sports integrity and the depth of its bet monitoring capabilities will help to support our overall integrity programme over the next six years.”

Andreas Krannich, Managing Director Sportradar Integrity Services added: “We are delighted to be working alongside the ÖFB and offering our expertise to help protect its domestic football matches against integrity related threats. In recent years, Sportradar has witnessed growing integrity issues across global football at lower levels of competition. The conditions and challenges created by the COVID-19 pandemic has led to a heightened level of risk across global football and strong integrity measures are needed now more than ever. As a global leader in sports integrity services, we make it our top priority to work alongside our partners and support an effective framework to help minimize integrity related issues. We commend the ÖFB for their commitment to upholding the integrity of football within its competitions, through this UFDS agreement, and we look forward to lending our assistance to their integrity programme over the years ahead.”

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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DIVE INTO A FRUIT-FILLED ADVENTURE WITH SWEET SPLASH FROM BOLDPLAY

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Embark on a journey of fruity delight with Sweet Splash, the latest addition to Boldplay’s slot game line-up. Designed to quench players’ thirst for excitement, the game invites them to immerse themselves in a vibrant world bursting with juicy rewards.

Featuring a 5×3 reel layout and 243 ways to win, Sweet Splash promises an adventure like no other, where every spin holds the promise of fortune and excitement. With its captivating cartoon fruit characters and delightful graphics, players will be transported to a refreshing world of fruity fun from the moment they hit play.

Sweet Splash also boasts an array of bonus features to enhance the gameplay experience. The Scatter Splash feature awards players a multiplier of the total bet when 3 or more scatter symbols grace the reels, adding an extra layer of excitement to every spin. Additionally, the studio’s trademark Boldplay Spins™ takes gameplay to new heights, offering players a unique choice of special free spins triggered by consecutive wins.

Marcus Taylor, Head of Design at Boldplay, commented, “Sweet Splash is a fantastic example of our team’s creativity and dedication to delivering exceptional gaming experiences. With its vibrant visuals and exciting bonus features, we’re confident that players will be hooked from the very first spin.”

The post DIVE INTO A FRUIT-FILLED ADVENTURE WITH SWEET SPLASH FROM BOLDPLAY appeared first on European Gaming Industry News.

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Stake.com enjoys major growth surge during IPL after adding Indian rupees

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Stake has witnessed unprecedented levels of sports betting activity during the 2024 Indian Premier League (IPL).

The operator customised its global sportsbook for cricket-crazy customers this season by enabling deposits in Indian rupees (INR) for the very first time.

The Indian rupee is the latest of six fiat currencies available on the flagship Stake.com sportsbook, as well as 20 cryptocurrencies.

The currency integration was launched in tandem with a generous promo, which saw punters paid out as winners, even if their team went on to lose the match, as long as they managed to hit a six during the first four overs.

The only stipulation was that bets must have been placed in INR with a maximum payout of up to US$25.

This occurred during 30 of 48 selected IPL matches, or 63%, leading to handsome rewards for punters who took advantage of the offer.

The bets would have been settled as losses on any other platform, but instead resulted in an extra US$30m of winnings for Stake customers.

The promotion also served as a savvy customer acquisition strategy. More than 80% of users to have redeemed the offer were new to Stake as first time depositors.

“We are constantly striving to improve our product and want to make Stake easily accessible to as many players as possible,” said Stake’s director of commercial Jarrod Febbraio.

“With more than US$100m wagered this season alone, the IPL is soaring in popularity, and so is Stake.

“We wanted to spice things up for the 2024 season, and this promotion was perfect for our customers who don’t like cricket, they love it,” he added.

The IPL is the most popular cricket league in the world. The current season ends on Sunday 26 May.

The post Stake.com enjoys major growth surge during IPL after adding Indian rupees appeared first on European Gaming Industry News.

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AGS Enters Into Definitive Agreement To Be Acquired By Brightstar Capital Partners for Approximately $1.1 Billion

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PlayAGS, Incorporated (NYSE: AGS) (“AGS” or the “Company”), a global gaming supplier of high-performing slot, table, and interactive products, today announced that it has signed a definitive agreement to be acquired by affiliates of Brightstar Capital Partners (“Brightstar”), a middle market private equity firm focused on investing in industrial, manufacturing, and services businesses.

The Company’s Board of Directors has unanimously approved, and recommended that the Company’s stockholders approve, the agreement. AGS shareholders will receive $12.50 per share in cash. The per share purchase price represents a 41% premium to the Company’s volume-weighted average share price over the last 90 days and a 40% premium to AGS’ closing price on May 8, 2024.

AGS is a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player. Powered by high-performing slot products, an expansive table products portfolio, and highly rated online casino content, the Company believes it offers an unmatched value proposition for its casino partners.

“We are very pleased to reach this agreement, which we believe provides our stockholders with compelling, certain cash value. Joining forces with Brightstar represents an exciting new chapter for AGS and our mission to provide exceptional gaming solutions for our operator partners,” said David Lopez, CEO & President of AGS. “With Brightstar’s resources and strategic guidance, we believe AGS will be well-positioned to make targeted investments in R&D, top talent, operations, and industry-leading innovation, which should accelerate our global footprint.”

“We look forward to working with David and the AGS team to capitalize on opportunities by taking a long-term approach to creating value,” said Andrew Weinberg, Founder & CEO of Brightstar. “AGS has a strong pipeline of new products, and we believe the Company’s innovative approach to game development provides significant potential for continued growth.”

“We have been impressed by AGS’ award-winning products, differentiated culture, and outstanding reputation in this expanding industry,” said Roger Bulloch, Partner at Brightstar. “We trust that partnering with AGS and executing on our shared vision can accelerate the Company’s ability to create even greater value for its customers and players around the world.”

Macquarie Capital is serving as financial advisor and Cooley LLP is serving as legal counsel to AGS. Jefferies LLC is serving as lead financial advisor to Brightstar. Barclays and Citizens JMP Securities are also serving as financial advisors to Brightstar. Kirkland & Ellis LLP is serving as legal counsel to Brightstar.

First Quarter 2024 Financial Results

In light of the proposed transaction, AGS has canceled its previously announced conference call to discuss its first quarter 2024 financial results, which had been scheduled for Thursday, May 9, 2024, at 5:00 p.m. EDT. Additionally, AGS will not be issuing a quarterly earnings release. The Company expects to file its 10-Q for the quarter ended March 31, 2024 with the SEC later today.

Timing and Approvals

The proposed transaction, which is expected to close in the second half of 2025 is subject to customary closing conditions, including the receipt of regulatory approvals and approval by a majority of AGS stockholders. Upon completion of the transaction, AGS will become a privately held company and shares of AGS common stock will no longer be listed on any public market.

 

The post AGS Enters Into Definitive Agreement To Be Acquired By Brightstar Capital Partners for Approximately $1.1 Billion appeared first on European Gaming Industry News.

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