Sportech’s Dutch trading arm sold to RBP Luxembourg

24 Apr 2018

Sportech Racing BV, Sportech's Dutch subsidiary is now part of RBP Luxembourg, following a successful bid of €3.25m. The well-known sports betting bookmaker's Dutch trading arm practically plays in a league of its own when it comes to horse-racing and tote betting in the Netherlands. It runs 47 betting stores all over the country, and its site runnerz.nl is one of the most popular among Dutch punters. With a newly acquired license, Sportech seems to have made quite a favorable negotiation as far as fees are concerned.

The company will receive a starting fee that amounts to €2.8m as soon as the deal is sealed, and another €450,000 in January 2019. CEO of Sportech Andrew Gaughan noted the interest of the company to expand on its US-based audience. He also announced his enthusiasm on Sportech's license extension that will help solidify the company's overall management realignment. Mr Gaughan mentioned that the collaboration with RBP will be a long-term one, through which Sportech will offer their tote services, and on the other hand provide RBP's French racing pool betting to their existing customers. The deal is yet to be finalized and approved by Luxembourg regulatory boards in December 2018.

About Sportech

With a focus on operating on highly regulated markets and an international workforce close to 800 employees, the company is one of the major players in the pari-mutuel betting technology vertical. Its range of solutions covers gaming organizations, sports teams as well as racetracks. Sportech also runs several gaming venues in the USA and the Netherlands. It also has significant charity contributions with their Bump 50:50 program assisting charity organizations to help raise funding at industry events. Sportech also shows significant adoption of "Green" practices by streamlining their internal resource consumption and by going all digital to help lower paper use.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

7 May '21

Djibril Cisse partners with Betiton

The fast-growing bookmaker Betiton is announcing a new addition to its team, Djibril Cisse. The famous striker will be adding his energy on the market...

5 May '21

Bet-at-home confident despite 5.5% drop in Q1 revenue

German-based bookmaker Bet-at-home has remained confident following the publication of the 2021 first quarter (Q1) financial report, due to the transi...

30 Apr '21

Pinnacle integrates self-exclusion tool Gamban

The renowned bookmaker Pinnacle takes one more step towards responsible gambling, by forming a new partnership with self-exclusion software provider G...

28 Apr '21

Kindred launches Watch&Bet live streaming feature

Online gambling operator Kindred Group plc has officially launched an innovative live streaming feature named Watch&Bet. What makes it so special,...

20 Apr '21

28 online operators have applied for a KSA license

The Dutch gambling regulator, Kansspelautoriteit (KSA), launched a licensing process after the establishment of the new national Remote Gambling Act (...

16 Apr '21

Paulo Dybala becomes brand ambassador of Skrill

The renowned e-wallet Skrill has a new brand ambassador, Paulo Dybala. The Juventus player signed a two-year partnership with Skrill as a representati...

13 Apr '21

Betsson partners with Big Bola for Mexico launch

Swedish online gambling operator Betsson initiates an expansion in Mexico which will be facilitated in partnership with Big Bola casinos. This will la...

9 Apr '21

Parimatch announced two new co-CEOs

The renowned bookmaker Parimatch, has announced the creation of a new supervisory board with CEO Sergey Portnov leaving his post and becoming chairman...

6 Apr '21

UKGC initiates plan to decrease gambling risks

The United Kingdom Gambling Commission expects that a new inserted three-year programme will be the beginning of a better and more regulated market, w...

2 Apr '21

Entain expands operations in regulated markets by 30%

The leading sports betting company Entain, extends the amount of international regulated markets in which it operates by 30% during the past year, by ...

TOP BOOKMAKERS

On Bookmakers.bet you can find the best and most reliable online bookmakers. You are advised to sign up and place your bets on our trustworthy premium partners. Click on each bookie's logo to read a detailed review, view the Book Spy's comments and reviews from other players or click on the “All Bookmakers” option to view our complete list of betting companies.

PREMIUM BOOKMAKERS

Accept players from your country

22bet Review	1.000+ live events daily 95% payout on top leagues Cashout	100% up to €122
1xBet Review	1.000 live matches daily Asian Handicap 50+ sports Code:BOOKSPY	100% up to €130
Bwin Review	50+ sports Cards & Corners Edit my bet	High Odds
Rabona Review	20.000+ live events per month 95%+ on Top 5 leagues and NBA Alternative handicaps on basketball	100% up to €100
888sport Review	10.000 live events per month 40+ sports Bet Builder Code:30FB	€30 Free Bets
Mr Play Sports Review	10.000 pre-match events per month 35+ sports 140+ extra bets	High Odds
Vbet Review	250+ extra markets Many outright & special bets Multi-View Code:100%	Up to €20 Freebet
Librabet Review	High odds on football Huge variety of betting markets Intriguing welcome bonus	100% up to €100
20Bet Review	More than 1,000 live events/day 150+ markets in football 40,000+ events/month	100% up to €100
CyberBet Review	More than 15 sports Alternative handicaps in basketball 30+ live tennis markets Code:BOOKMAKERSBET	100% up to $250
Rolletto Review	95%+ on tennis Alternative spreads on basketball Asian View	120% up to €240
Mystake Review	Few country restrictions 1,000+ pre match events daily 400+ football markets	100% up to $500
Zodiacbet Review	30+ sports Asian Handicaps Card and Corner bets Code:ZB100S	100% up to €100
Bet365 Review	Ideal for football lovers 150+ extra bets on top leagues Multiple Asian handicap markets	€25 Bet Credits
Betiton Review	94%+ payout on tennis 180+ alternative bets on top leagues Lots of alternative HC’s on basketball	Bet €15 Get €10

Sportech’s Dutch trading arm sold to RBP Luxembourg

About Sportech

More articles