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BetTech Ecosystem Report Signposts How the Sports Betting and Gaming Sectors in UK Have Evolved Ready for the Government’s ‘White Paper’

RegTech sector grows in importance as the BetTech visual showcases major growth in fraud, ID verification and analytics
Spotlight Sports Group’s third annual deep dive into the global betting industry identifies 375 companies from start-ups to global enterprises with a presence in one legal market or every legal market
Spotlight Sports Group (SSG), a global technology, content and media company specializing in sports betting and fantasy sports, has produced a comprehensive report on the state of play in the global sports betting sector. The third annual edition of BetTech Ecosystem 2023 provides the sports betting and iGaming industries with a deeper understanding of regulated betting markets.
The BetTech visual showcases six sections – content, data, platform providers, e-commerce, iGaming and trading – there are 80 new entrants in 2023 and a total growth of 17% YoY. Here are some of the headlines points from the report:
* Content is still the driving force of the BetTech Ecosystem. Actionable sports betting content and insights drive users into and through the betting funnel.
* The growing importance of business analytics and analytical insights to the industry is showcased by the large increase of suppliers in this sub-section
* The trend for operators owning their own platform has shifted towards using third-party experts
* Fraud and ID verification services are becoming hugely important to the betting sector
* The importance of RegTech, with the increased regulations coming to the UK, is driving growth in this subsection with an expectation of major consolidation to come.
The BetTech visual showcases six sections – content, data, platform providers, e-commerce, iGaming and trading – there are 80 new entrants in 2023, giving the ecosystem growth of 17% YoY.
To add to the report’s findings, Spotlight Sports Group US Managing Director Harry von Behr recently spoke with Wayne Kimmel (Managing Partner, 76 Capital), Robin Chhabra (Chief Executive Officer, Tekkorp Capital) and Eric Frank (Chief Executive Officer, Odds On Compliance) on a webinar – The State of Play in Sports Betting and iGaming Globally.
Chhabra highlighted the importance of Reg Tech and predicted changes to come in this section of the BetTech Ecosystem over the next few years. “In RegTech, you’ll see suppliers within this subsection coming together to make a one-stop shop. Compliance, identity, affordability, AML – will all come together and that will provide value to the operators.”
Discussing the third edition of the BetTech Ecosystem Report, Spotlight Sports Group US Managing Director Harry von Behr said: “The BetTech Ecosystem Report has become an essential project not only for us at SSG but the industry as a whole. It is the only report of its kind that takes a deep look at the whole industry while also acknowledging the companies that help make the industry what it is. We’re proud of the praise the first two editions of the report received and we look forward to sharing this year’s expanded version.”
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Fill Your Boots with All the Jewels You Can Carry in REEVO’s Crown Heist

Frequent wins and overflowing free spins in classic slot
Don your best disguise and adopt a cunning alter ego in a bid to nab the museum’s prize assets in Crown Heist, REEVO’s latest classic low-volatility jewel-themed game.
Based on a proven maths model and appealing to new players who enjoy frequent wins and a swag-bag full of free spins, Crown Heist is a 5×3, 25-payline slot overflowing with jewel-encrusted free spins.
These are no ordinary free spins, they can retrigger, while the game also has two further bonus free spins rounds with sticky bonus symbols and wilds everywhere you look. Just tread carefully and only trigger free spins and not the museum alarm.
If that wasn’t enough, players who can hold their nerve the most can claim the biggest jewel of all and unlock the grand prize of x5,000 their stake per line if they land five Crown Heist symbols in a winning line.
“This is a gem of a new game that we’re really proud of, with classic features including bags of retriggering free spins, stacks of bonuses and wilds and the chance to super-size your stake, just don’t get caught,” the Head of Sales for REEVO, Petra Poola, said.
REEVO is a next generation B2B supplier with a rapidly growing games portfolio of high performing titles and a 2023 roadmap to rapidly accelerate games production. It offers customers a seamless games aggregation platform of the industry’s best third-party games suppliers with rapid integration.
Its mission is to make an unparalleled difference both for operators and game suppliers providing them with the opportunity to accelerate their casino revenues with a blend of innovative and exclusive content tailored to their requirements.
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FAVBET partners with BETER Live in major boost to its live casino offering

BETER Live’s suite of premium games is now available to all of FAVBET’s users in Ukraine, Croatia, and Romania
Ukraine’s leading iGaming operator FAVBET and BETER Live, the live casino division of the betting content and data provider BETER, has announced a long-term partnership to expand FAVBET’s live casino experience.
From now on, BETER Live will provide FAVBET with a portfolio of authentic and interactive live casino titles in markets across its 3 markets of operation. This includes more than 20+ games and variations covering Roulette, Blackjack, Gravity Blackjack, Gravity Roulette and Ukrainian Roulette.
Game presenters have been trained to the highest possible standards and also know how to provide an engaging player experience, chatting with players throughout their time at the table.
FAVBET has recently launched a UA Roulette table, powered by BETER Live, which has been tailored to meet the specific preferences of Ukrainian players. The new localised game has already found a response among players, showing a near 40% higher conversion rate and 4x more organic traffic compared to the provider’s regular roulette.
“Being a trailblazer in the Ukrainian online casino scene, FAVBET is constantly looking for new and exciting ways to engage our players while offering them the best possible experience. We are happy to have added BETER Live’s games to our portfolio and be able to provide a fully localised experience to our players and stand out from competition. We now look forward to working closely with BETER Live to continue to enhance our live casino offering and have many great products and updates in the pipeline,” commented FAVBET.
Anna Vikmane, Director of BETER Live, said: “We are delighted to share the news of another successful partnership between BETER Live and a leading operator, FAVBET. It is one of the most recognised brands in the Ukrainian market and one that players trust. Localisation is key to FAVBET’s success, and we have been able to work with the operator to ensure our content delivers a localised player experience. Shortly after we launched our first games and FAVBET could see they were a big hit with its customers, we rolled out Ukrainian Roulette — the operator’s first step towards a dedicated offering for the market.”
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NetBet Italy and 1X2 Network Announce Partnership

NetBet Italy, a leading online gambling platform in Italy, has announced its latest partnership with 1X2 Network, a leading iGaming provider. The partnership between NetBet Italy and 1X2 Network brings together two dynamic forces in the iGaming industry. Both brands share a commitment to delivering exceptional gaming experiences and this collaboration sets the stage for an enhanced player journey.
NetBet Italy has established itself as a prominent player in the Italian iGaming industry, offering a wide array of top-quality casino games, sports betting and virtual sports options to its discerning customer base. The collaboration with 1X2 Network represents an exciting milestone for the company, further reinforcing its commitment to delivering exceptional entertainment and cutting-edge gaming products to its valued players.
The partnership will allow NetBet’s Italian players have access to 1X2 Network’s extensive game library. Most notable games that will now be available include Megaways Jack and The Magic Beans, 1 Million Megaways BC and Branded Megaways.
This partnership brings together NetBet Italy’s strong market presence and dedication to customer satisfaction with 1X2 Network’s renowned expertise in creating exceptional casino games. With the addition of these exciting titles, NetBet Italy will continue to solidify its position as a premier destination for online gaming enthusiasts in the Italian market.
“We are happy to join forces with 1X2 Network and introduce its thrilling portfolio of games to our esteemed players,” NetBet Italy’s Public Relations Manager, Claudia Georgevici, said. “Our focus has always been on providing the ultimate gaming experience and this partnership will allow us to further expand our offerings and meet the diverse preferences of our customers.”
“We are delighted to partner with NetBet Italy,” the Accounts Director for 1X2 Network, Christopher Reid, said. “Our games have a strong track record in the Italian market so it’s fantastic to sign with such a leading brand there and we believe that our innovative and engaging games will resonate well with NetBet Italy’s players.”
For more information contact PR@ NetBet .it.
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