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Betsson leaves Turkish market

Online gambling group has sold its client list to Realm Entertainment as part of a deal worth €1.9 million.

Thursday 30th December 2010

Stockholm-based online gambling group Betsson AB has announced that it has ceased operations in Turkey while selling its client list in that nation to operator Realm Entertainment for €1.9 million. Betsson also stated that its Business Solutions independent business-to-business subsidiary has agreed a five-year deal for the provision and operation of an online gambling portal on behalf of Realm containing a sportsbook, casino and poker rooms translated into Greek, English, Dutch, Turkish, German and Spanish. The new Malta-licensed portal is to be based on Betsson's platform, which allows for the white-labeling of its entire product range, while approval and operational start-up is expected during the first quarter of 2011. “Betsson shows, once again, that we are leading in our field in terms of technology,” said Pontus Lindwall, President and Chief Executive Officer for Betsson. “With this new platform we can deliver a complete gaming portal including a sportsbook of world-class quality to many potential clients, which is a part of our business-to-business strategy.”

Source: OnlineCasinoNews

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