Company’s Sportsbook Platform Processes More Than 48 Million Bets During the Racing Event
Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or the “Company”) powered another successful Cheltenham Festival this year through its OpenBet™ product suite. With a focus on providing next level player experiences, the Company saw steady uptime throughout the Festival, enabling maximum engagement across customer sportsbooks.
The Cheltenham Festival runs for four days annually as part of the National Hunt race calendar in the United Kingdom, and it features several high-profile horse races. The Festival is one of the UK’s most popular betting events, often seeing total wager in excess of £400 million. This year, SG Digital’s sportsbook customers processed over 48.2 million bets over the four-day period, marking an increase of over 23% since last year. The Festival was a big acquisition driver for SG Digital’s customers that saw huge spikes in activity with the highest reaching peak bets per minute at 26,000. Processing a volume of 302 million account transactions with 100% platform stability reported through the event, the event is a testament of SG Digital’s continued investment in its technology allowing its customers to grow their player base while ensuring next level player experiences.
Keith O’Loughlin, SVP Sportsbook for SG Digital, said: “The Cheltenham Festival is a fantastic tradition both in the racing industry and the sports betting world. SG Digital’s OpenBet has a track record of reliability that held true during this year’s Festival, further cementing out commitment to partnering with operators to create unmatched player experiences.”