Online betting operator SBOBet has opted to expand into the financial binary betting market under a new partnership with software and services provider Tradologic.
Under the agreement, SBOBet will utilise the Tradologic platform to launch its new offering in this sector.
SBOBet products under the new ‘financial betting’ sector of its website will include all of Tradologic’s products.
The new SBOBet products, available via the firm’s website, have been launched under both its Isle of Man OGRA licence and Philippines CEZA-First Cagayan licence.
“Having a quality financial binary betting offering will complement our customer proposition of value, choice and best of breed products under the SBOBET brand,” SBOBet Isle of Man executive director Bill Mummery said.
“The implementation of this modern, flexible technology, will allow us to continue developing our offering in line with our customers’ needs in a dynamic and cost effective manner.”
Ilan Tzorya, founder and chief executive officer of Tradologic, added: “Their (SBOBet) distinguished brand further strengthens our position as the leading software provider in the industry, and further, this partnership shows a strong indication of businesses’ growing desire to add financial binary betting into their product portfolio.”
source : www.igamingbusiness.com
