SPORTS BETTING
Finland – OpenBet signs deal with Veikkaus for digital and retail sportsbook
By Phil - 20 November 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 licenses, 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 unrivaled 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 localized strategies.”
Juha-Matti Mäkilä, Vice President, Betting Operations at Veikkaus, said: “We’re thrilled to partner with OpenBet in this venture. By utilizing 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.”
