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Offsidegaming licenses Stratagem’s AI prediction engine for sports betting

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Offsidegaming licenses Stratagem’s AI prediction engine for sports betting
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Stratagem to offer its leading edge, AI toolkit to operators, to help drive down analysis and data costs, and improve pricing efficiency

 

Stratagem Technologies , a London based company, today announced a partnership with leading provider Offsidegaming. Both companies intend to work together to build powerful predictive models to further automate Offsidegaming’s sports betting offering.

Stratagem’s proprietary AI solutions, which have been in research and development for four years, work alongside customers’ qualitative analysts, providing low-cost, efficient, and accurate sports game predictions from historic and in-game data, using machine learning to become more intelligent over time.

Geoff Read, CEO at Offsidegaming commented: “We selected Stratagem’s solution based on their track record of success in sports trading and the ability of their intelligent software to provide fast quantitative insights, leading to a highly efficient pricing model at low cost. The addition of these models will further strengthen the offer to our partners and their players.

Charles McGarraugh, CEO at Stratagem Technologies commented: “Offsidegaming are industry leaders and we are delighted to have partnered with them to offer our AI toolkit and deliver real-time quantitative analysis across a range of sports. Over the past few months we’ve seen the culmination of many years R&D on our AI and machine learning data model, providing a solution that can now work across multiple sports.

Stratagem’s solution enables operators to outsource quant teams at significantly less cost. The result is a modern, automated system which provides high quality predictions and efficient pricing.

Offsidegaming is a large sports and casino provider with partners currently trading in Latin America, Africa and Eastern European markets. Its complete range of products includes a top-level sportsbook, casino, live casino, and virtual sports.

About Stratagem Technologies 

Stratagem is a technology company combining sports and data science to look at the sports betting market differently. The company develops models to predict the outcomes of sporting events across the globe.

Stratagem was founded in 2012 and has grown to a global team of more than 30 experts in the fields of science, sports and trading, ranging from leading academics to former traders at leading financial institutions.

About Offsidegaming

Founded in 2008 Offsidegaming is a provider of White Label and Turnkey Sports Betting and Casino services. With a comprehensive offering of over 21,000 live sports events per month and 1,000 Casino Games the Company provides its platform to over 20 clients in key markets including Latin America, Africa and Europe.  The company employs over 200 professionals worldwide from its six offices.

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Compliance Updates

UKGC: Regulatory action against Greentube Alderney Limited

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UKGC: Regulatory action against Greentube Alderney Limited
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An online gambling business must pay £685,000 after a Commission investigation revealed social responsibility and money laundering failures.

Greentube Alderney – which operates admiralcasino.co.uk and bellfruitcasino – will also undergo extensive independent auditing for the failures which occurred between December 2019 and November 2020.

The Commission investigation revealed that the operator failed to:

  • interact with customers in a way which minimises the risk of customers experiencing gambling harms
  • conduct adequate assessments of the risk of money laundering
  • have in place and implement appropriate policies, procedures and controls to prevent money laundering
  • to alert the Commission to an event that could have a significant impact on the nature or structure of a licensee’s business

Helen Venn, Commission Executive Director, said: “Compliance with Commission rules aimed at keeping people safe and gambling crime free is not optional. We will always take firm action against those operators who fail to meet the high standards we expect for consumers in Britain.”

A public statement reveals more details of the failings.

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Latest News

1xBet Shortlisted in Five EGR Nordics Awards Categories

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1xBet has been shortlisted in five EGR Nordics Awards categories.

The EGR Nordics Awards annually acknowledge the most successful and innovative gambling companies operating in the Scandinavian region. Brands are recognised for business results, creative marketing, betting innovation, customer service and more.

1xBet has been shortlisted for the best in the following categories:

Affiliate Programme

Casino Operator

Customer Services Operator

Mobile Operator

Sports Betting Operator

“It’s nice to know that for the second year in a row we have received several nominations at the EGR Nordics Awards. This confirms that we are successfully developing in various directions, and this momentum will continue as we seek new ways to innovate further,” 1xBet speaker Alex Sommers said.

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Greece

INTRALOT Extends its Contract with OPAP

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INTRALOT has extended its contract with OPAP S.A., the leading Greek gaming operator, for one additional year. The deal will now run until 31 July 2024.

This extension allows INTRALOT to continue providing to OPAP S.A. its state-of-the-art lottery solution that incorporates its novel core platform “LotosX”, launched with great success in 2019, along with several other components and high-quality services.

“The lottery solution enables OPAP S.A. to keep optimizing the gaming experience and responsibly increase the engagement of the players in Greece and Cyprus. Our next generation future-proof platform is designed to build scalable ecosystems that meet the growing market demand and fully supports the modernization and digital transformation of OPAP S.A,” company officials said.

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