In a strategic move to strengthen its position in the global iGaming industry, Pragmatic Play has recently unveiled its new horseracing product, integrated seamlessly into its existing sportsbook platform. This innovative addition is set to revolutionize the betting landscape by offering comprehensive coverage of horseracing events across more than 30 countries, making it accessible to operators and their customers worldwide. The introduction of this product marks a significant milestone for Pragmatic Play, as it continues to expand its offerings and enhance the user experience in the highly competitive sports betting market.

Pragmatic Play Expands Its Sportsbook with Revolutionary Horseracing Product

Global Coverage and Localized Customization

Pragmatic Play’s horseracing product is designed to provide unparalleled coverage of horseracing events on a global scale. With access to events from over 30 countries, operators can now offer their customers a wide range of betting opportunities, regardless of their location. This global reach is further enhanced by the platform’s ability to localize and customize the betting experience, allowing operators to tailor the product to meet the specific needs and preferences of their target audience.

The Integration of the Product

The integration of the horseracing product into Pragmatic Play’s existing sportsbook platform ensures that operators can manage the entire betting process, from event creation to bet settlement, within a single, unified system. This streamlined approach not only simplifies operations for operators but also enhances the overall user experience by providing a more efficient and cohesive betting environment.

Advanced Features for Optimized Betting

One of the standout features of Pragmatic Play’s horseracing product is its advanced capabilities designed to optimize the betting experience for both operators and players. The platform includes a variety of features such as custom markets, dynamic odds, and risk management tools, all supported by official data to ensure accuracy and reliability. These features are crucial in helping operators manage their margins effectively while providing players with a fair and engaging betting experience.

The dynamic odds feature, in particular, is a game-changer for the industry, as it allows operators to adjust odds in real-time based on various factors such as market trends and betting patterns. This not only helps to maintain competitive odds but also ensures that operators can maximize their profitability while minimizing risk. Additionally, the custom markets feature enables operators to create unique betting markets tailored to their audience’s interests, further enhancing the overall user experience.

Horseracing Product as a Fully Managed Service

Pragmatic Play’s horseracing product is available as a fully managed service, which includes everything from odds and racing content to live video streaming and global horseracing data. This comprehensive service offering is designed to provide operators with all the tools they need to deliver a top-tier betting experience to their customers. The inclusion of live video streaming is particularly noteworthy, as it allows players to watch races in real-time, adding an extra layer of excitement to the betting process.

The global horseracing data provided by Pragmatic Play is sourced from official channels, ensuring that operators have access to accurate and up-to-date information. This data is crucial for creating a fair and transparent betting environment, as it allows operators to offer odds that are reflective of real-world conditions. By providing a fully managed service, Pragmatic Play is not only making it easier for operators to offer horseracing betting but also ensuring that they can do so with confidence, knowing that they have the support of a leading provider in the industry.

Strategic Partnerships and Market Expansion

Pragmatic Play’s recent partnership with Mexican online casino operator Betxico is a testament to the company’s commitment to expanding its footprint in the Latin American market. As part of this partnership, Pragmatic Play has integrated its portfolio of slots, live casino, and virtual sports content onto the Betxico platform, providing players with access to a wide range of high-quality gaming options. This partnership is just one example of Pragmatic Play’s ongoing efforts to grow its presence in key markets around the world.

Conclusion: A New Era for Horseracing Betting

Pragmatic Play’s introduction of its horseracing product marks the beginning of a new era for horseracing betting. With its global coverage, advanced features, and fully managed service offering, this product is set to become a game-changer in the industry. Operators now have access to a comprehensive, all-in-one solution that allows them to offer a superior betting experience to their customers, while also optimizing their margins and minimizing risk.

FAQs About Pragmatic Play Expands Its Sportsbook with Revolutionary Horseracing Product

1. What is Pragmatic Play’s new horseracing product?

Pragmatic Play’s new horseracing product is an integrated betting solution within its existing sportsbook platform. It provides comprehensive coverage of horseracing events across more than 30 countries, allowing operators to offer a wide range of betting opportunities to their customers.

2. How does Pragmatic Play’s horseracing product benefit operators?

The horseracing product offers several advanced features such as custom markets, dynamic odds, and risk management tools, all supported by official data. These features help operators optimize their margins, manage risks, and provide a localized and customizable betting experience for their users.

3. What features are included in the fully managed horseracing service?

The fully managed service includes odds, racing content, live video streaming, and global horseracing data. This ensures that operators have everything they need to deliver a high-quality betting experience to their customers.

4. How does the dynamic odds feature work?

The dynamic odds feature allows operators to adjust betting odds in real-time based on market trends and betting patterns. This helps operators maintain competitive odds, maximize profitability, and minimize risk.

5. Can operators customize the betting experience with this product?

Yes, operators can localize and customize the betting experience to fit their brand requirements and the preferences of their target audience, enhancing user engagement and satisfaction.

6. What is the significance of the partnership between Pragmatic Play and Betxico?

The partnership with Betxico is part of Pragmatic Play’s strategy to expand its presence in the Latin American market. Through this collaboration, Betxico integrates Pragmatic Play’s portfolio of slots, live casino, and virtual sports content into its platform, offering more diverse gaming options to its players.

7. How does Pragmatic Play’s horseracing product support a global betting market?

The product provides coverage of horseracing events in over 30 countries, allowing operators to offer a wide range of betting options regardless of their geographical location. Additionally, the platform’s localization features ensure that the product can be tailored to suit different regional markets.

8. What data sources are used in Pragmatic Play’s horseracing product?

Pragmatic Play uses official data sources for its horseracing product, ensuring that operators have access to accurate and up-to-date information for creating a fair and transparent betting environment.

9. How does live video streaming enhance the betting experience?

Live video streaming allows players to watch horseracing events in real-time, adding an extra layer of excitement and engagement to the betting process. It also enhances the overall user experience by providing a more immersive and interactive environment.

10. What makes Pragmatic Play’s horseracing product stand out in the market?

Pragmatic Play’s horseracing product stands out due to its global reach, advanced features, fully managed service, and the ability to localize and customize the betting experience. These elements combine to create a comprehensive solution that meets the needs of operators and players alike, making it a leading choice in the market.