LAS VEGAS and ST. GALLEN, Switzerland, Nov. 26, 2014 /PRNewswire/ -- CG Analytics, the data analytics subsidiary of CG Technology™ and Betradar, a global brand in understanding and leveraging the power of sports data and digital content which is owned by Sportradar, today announced that Betradar will be providing CG Analytics with access to a comprehensive package of pre-game and live odds data.
Under the terms of the agreement, CG Analytics will utilize the speed, accuracy and breadth of Betradar's data and digital content and distribute this content to CG Technology to enhance its In-Running wagering platform. CG Technology's automated In-Running wagering product will include dozens of different In-Running props which, pending regulatory approval, will give customers a broader array of options, creating a superior offering in the marketplace. The enhanced offering will be offered across CG Technology's partner and affiliate properties, including the eight race and sports books it operates in Nevada and its international partner properties at Atlantis, Paradise Island in the Bahamas and Logrand Group in Mexico.
"We are pleased to partner with Betradar, the largest sports data provider in the world, and to boost the strength of our In-Running wagering offering," said Lee M. Amaitis, President and CEO of CG Technology. He continued: "Through this agreement we will build on our successes in In-Running wagering and create a comprehensive, interactive data package that combines speed, accuracy and increased In-Running props, offering our customers a product that is unprecedented in the marketplace."
Erik Lorenz, Managing Director Sales, Sportradar, said: "We are very pleased to welcome CG Analytics as a new partner of Betradar's pre-game and live odds service. We are convinced that together we can shape future developments and play an active part in the creation of an even more exciting sports betting offering that is unparalleled in the U.S. marketplace."
About CG Technology™
CG Technology™ is an innovative gaming technology solutions provider for lottery, gaming, race and sports wagering worldwide. We specialize in providing secure, scalable, mobile technology and risk management solutions to integrated resorts, gaming partners, race and sports books and lottery industries worldwide. Our technology solutions are designed to meet the highest standards of regulatory compliance, transactional security and customer experience. Headquartered in Las Vegas, Nevada, CG Technology continues to expand into new global markets and offer its partners gaming and manufacturing expertise and superior technology solutions. Our products include Android™ and Apple® compatible applications for sports wagering and real-money casino gaming, as well as our state of the art account-based wagering system.
Outside of the U.S., CG Technology has licensed its sophisticated mobile gaming and race book and sports pool systems, as well as risk management consulting services, to Atlantis, Paradise Island in the Bahamas and its systems to Logrand Group in Mexico. In addition, CG Technology has an agreement with Celebrity Cruises to offer its innovative mobile gaming technology on a selection of high-end Celebrity Cruises ships, marking the first time the cruise industry has offered customers a mobile casino gaming application. CG Technology is passionate about applying best-in-class technology to offer customers a unique, innovative and memorable gaming experience. For more information please visit: http://www.cgtglobal.com
About CG Analytics™
CG Analytics™ is a licensed Information Service Provider in the state of Nevada, providing pre-game & in-game wagering data to licensed sportsbook operators around the world. Our firm supplies its customers with odds & prices for all major sports, prior to the industry market being set. CG Analytics also licenses its data to a wide range of consumers for both wagering and non-wagering purposes. In addition, we offer our clients one of the most in-depth fraud prevention and game integrity services available. Utilizing our proprietary data along with consultative services, we are able to ensure the integrity of our customers' sports business is upheld.
Sportradar is a global leader in understanding and leveraging the power of sports data and digital content for its clients around the world. We provide cutting-edge solutions and services to media companies, bookmakers, sports federations and state authorities.
Since its founding in 2001, Sportradar's brand Betradar has developed into a key player providing all necessary services to run a bookmaker operation, such as fixtures, results, odds compiling, trading tools, in-running services, front-end content solutions like statistics and live scores, as well as innovative gaming solutions. The diverse portfolio of betting, managed trading, content, streaming and gaming solutions allows us to meet the challenges and demands of the international bookmaking industry in a forward-looking manner. Besides market leading companies in the sports betting and media industry, Sportradar also operates a unique Fraud Detection System (FDS) for several federations, including the AFC, CONCACAF and UEFA. Furthermore, Sportradar is the exclusive, worldwide distributor for ITF (International Tennis Federation) Official Data.
More than 600 businesses in over 80 countries rely on Sportradar's data depth and quality services in their daily business. Headquartered in Switzerland, Sportradar has offices in 30 other cities and employs over 800 highly experienced staff worldwide.
More information can be found on www.sportradar.com.
SOURCE CG Technology