SBTech to open US office in 'early 2018'

SBTech to open US office in 'early 2018'

Monday, October 2, 2017 Posted by Craig Davies
Strengthening their position ahead of potentially momentous court hearing

SBTech has announced plans to strengthen its position in the United States with the opening of a new office in early 2018.

The news comes amidst a potentially groundbreaking moment for sports betting across the Atlantic, with a spokesperson for SBTech telling  “The Supreme Court hearing set for this autumn means the US stands at a key moment in relation to sports betting and the potential for it to be regulated across the country.

“As a member of the American Gaming Association’s (AGA) betting task force, SBTech is already an active participant and stakeholder in the ongoing discussions and having a physical office there will enable the company to be at the heart of proceedings.

“SBTech’s ambition is to be an active stakeholder in the ongoing discussions relating to sports betting regulation in the US and creating long-lasting partnerships with some of the most prominent US gaming operators.

“The group is committed to working there for the long term and will be launching innovations and localised features developed specifically for US players and based on its deep knowledge of American sports.”

Adding that its target is “to be ‘on the ground’ during what we hope will be a momentous event for US betting and cement SBTech’s position in the US market as a leading supplier of sports betting solutions to the regulated market there.”

Nevada is currently the only state that permits sports betting, however, others have registered an interest in introducing a regulated market.  For this to happen though the Professional and Amateur Sports Protection Act (PASPA), which came into force in 1992, would have to be overturned.

Totally Gaming says:  Momentum in the United States suggests that change is inevitable, with Geoff Freeman, president of the AGA, stating that “America's 25-year-old federal ban on sports betting has failed” earlier this year.  The Supreme Court hearing set for later this will year will be very interesting indeed

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