Latest solutions will help operators combat increased taxation and regulation
Nicosia, 18th March 2019 – Playtech BGT Sports’ Senior Commercial Director, Lee Drabwell, will tell this week’s Betting on Football conference that product innovation and diversification can help retail operators combat increased running costs.
Drabwell, who previously spent over 30 years at Ladbrokes, will take part in a panel at Stamford Bridge next week (Weds 20th March) amid predictions of widespread shop closures in the UK.
This follows next month’s reduction of the maximum wager on fixed odds betting terminals from £100 to £2, which will hit the profitability of hundreds of shops operated by major chains and independents alike.
But Drabwell believes retail operations in both the UK and beyond have a bright future if the industry embraces a digitised experience with technology that is familiar to the next generation of customer and immersive content that fully engages them.
He said: “Retail has been the poor relation of online when it comes to innovation for too long, but we can now provide customers with a genuine omni-channel journey which blends the speed and efficiency of their hand-held devices with the thrill of a live sport and a cash environment.”
“Most importantly, our SSBTs and the data and picture content which complements them, now produce a seamless in-play experience that is convenient for the modern consumer and helps produce incremental revenues to allow operators to prosper.”
Playtech BGT Sports will showcase its industry-leading range of products and features at Betting on Football that will boost both customer engagement and revenues for retail operators, particularly around in-shop in-play functionality.
Among other products, it will reveal the new contactless payment functionality on its self-service betting terminals, which is currently being trialled by Paddy Power.
This will be joined by its state-of-the-art content engine, which uses artificial intelligence to suggest relevant selections and interesting content by harnessing millions of previous calculations and comparisons.
The supplier will also be discussing its new collaboration with leading content provider Vermantia. The combined retail solution will give customers the chance to bet on over 36,000 live betting events using pictures and data supplied to in-shop screens by Vermantia, with ready access to PBS’s odds and betting markets on its SSBTs.
PBS executives will be speaking to show delegates about new functionality for its retail mobile app, as well as demonstrating new content that will allow rapid-fire in play betting on football and other sports.
Visitors to Stamford Bridge can join Lee Drabwell for the Betting shops: A New Approach needed panel at 11:20 on Wednesday 20th March or visit Playtech BGT Sports’ stand (31) at the event.
For more information on this press please or to arrange an interview with Lee Drabwell please contact Square in the Air on 0203 586 8272 or [email protected]
Founded in 1999 and premium listed on the Main Market of the London Stock Exchange, Playtech is a technology leader in the gambling and financial trading industries.
Playtech is the gambling industry’s leading technology company delivering business intelligence driven gambling software, services, content and platform technology across the industry’s most popular product verticals, including, casino, live casino, sports betting, virtual sports, bingo and poker. It is the pioneer of omni-channel gambling technology through its integrated platform technology, Playtech ONE. Playtech ONE delivers data driven marketing expertise, single wallet functionality, CRM and responsible gambling solutions across one single platform across product verticals and across retail and online.
Playtech partners with and invests in the leading brands in regulated and newly regulated markets to deliver its data driven gambling technology across the retail and online value chain. Playtech provides its technology on a B2B basis to the industry’s leading retail and online operators, land-based casino groups and government sponsored entities such as lotteries. As of June 2018, through the acquisition of Snaitech, Playtech directly owns and operates the leading sports betting and gaming brand in online and retail in Italy, Snai.
Playtech’s Financials Division, named TradeTech Group, is a technology leader in the CFD and financial trading industry and operates both on a B2C and B2B basis.
Playtech has in total c.5,800 employees across 17 countries and is headquartered in the Isle of Man.
For further information contact:
Mor Weizer, Chief Executive Officer
+44 (0) 203 805 4822
Andrew Smith, Chief Financial Officer
James Newman, Director of Corporate Affairs
+44 (0) 7932 550 307
Headland (PR adviser to Playtech)
+44 (0) 203 805 4822
Tom James, Chloe Francklin