In a strategic move to broaden its presence in the regulated betting market, Pragmatic Play has extended its operations to Germany by launching its Sportsbook product in collaboration with Dazn Bet. This expansion follows a successful initial rollout in Spain last October and demonstrates Pragmatic Play’s commitment to becoming a leading multi-channel provider in regulated markets globally.
Pragmatic Play and Dazn Bet Collaboration
The extension into the German market was made possible through a German licence acquired by Dazn Bet, supported by Pragmatic Solutions’ compliance capabilities. The integration of Pragmatic Play’s Sportsbook into Dazn Bet’s offerings utilizes the Player Account Management (PAM) platform technology from Pragmatic Solutions, ensuring a seamless betting experience for all PAM licensees.
Innovative Technology and Compliance
Pragmatic Solutions’ compliance capabilities played a crucial role in facilitating the German market entry. The PAM platform technology underpins the sportsbook service, ensuring it meets all regulatory requirements and delivers a top-tier betting experience to users. This technological backbone is essential for maintaining high standards of security, reliability, and user satisfaction.
Strategic Growth in Regulated Markets
This latest development is part of Pragmatic Play’s overarching strategy to serve as a multi-channel provider in regulated markets worldwide. By partnering with reputable brands like Dazn Bet, Pragmatic Play continues to strengthen its foothold in competitive and highly regulated environments.
Success in Spain and Expansion to Germany
The success of the Sportsbook launch in Spain last October set the stage for the German market entry. Gareth Crook, Pragmatic Play SVP of Sports, commented, “Our entry into the German betting market again proves the ability to launch our Sportsbook product in a competitive and highly regulated market, fast on the heels of our Spain launch in October. We’re delighted to be partnering with Dazn Bet to achieve its growth plans, this time in Germany.”
Enhanced Betting Experience for German Customers
Daniel Berthold, Managing Director Germany, Austria, UK & New Markets at Dazn Bet, highlighted the benefits for German customers, stating, “Our customers can now enjoy smoother journeys, exciting new functionalities, and automated processes, all designed to enhance the overall betting experience. This strategic milestone will help us grow our footprint and market share significantly in the coming years and will set us up for long-term success.”
New Functionalities and Automated Processes
The collaboration between Pragmatic Play and Dazn Bet brings a host of new functionalities and automated processes to the German market. These innovations are aimed at improving the user experience, offering smoother navigation, and providing more engaging betting opportunities.
Expanding Global Partnerships
In addition to its German expansion, Pragmatic Play has also strengthened its presence in Spain through a partnership with KirolBet. This collaboration enabled KirolBet to add Pragmatic Play’s slot games to its online casino platform, further showcasing Pragmatic Play’s versatility and commitment to delivering high-quality gaming content across multiple markets.
Partnership with KirolBet in Spain
The partnership with KirolBet highlights Pragmatic Play’s ability to provide diverse gaming solutions tailored to different market needs. By offering a wide range of products, from sports betting to slot games, Pragmatic Play ensures it meets the demands of various customer segments in different regions.
Conclusion: The Expansion
Pragmatic Play’s strategic expansion into the German market through its partnership with Dazn Bet underscores its commitment to becoming a global leader in the regulated betting industry. By leveraging innovative technology, robust compliance capabilities, and strong partnerships, Pragmatic Play continues to set new standards in the industry, delivering exceptional value and operational excellence to its clients.
As the company continues to grow its footprint in regulated markets, customers can look forward to enhanced betting experiences, new functionalities, and seamless integration of cutting-edge technology. This latest development marks another significant milestone in Pragmatic Play’s journey towards global success.
FAQs About Pragmatic Play’s Expansion into the German Market with Dazn Bet
1. What recent development has Pragmatic Play announced?
Pragmatic Play has announced the extension of its operations to Germany by launching its Sportsbook product in collaboration with Dazn Bet.
2. When did Pragmatic Play initially roll out its Sportsbook product with Dazn Bet?
Pragmatic Play initially rolled out its Sportsbook product with Dazn Bet in Spain last October.
3. How was the expansion into the German market facilitated?
The expansion into the German market was facilitated through a German license acquired by Dazn Bet, supported by Pragmatic Solutions’ compliance capabilities.
4. What technology underpins the Sportsbook service for Dazn Bet in Germany?
The Player Account Management (PAM) platform technology from Pragmatic Solutions underpins the Sportsbook service, making it available to all PAM licensees.
5. What is the significance of this latest development for Pragmatic Play?
This development is part of Pragmatic Play’s strategy to serve as a multi-channel provider in regulated markets globally, enhancing its presence and competitiveness in the market.
6. What did Gareth Crook, Pragmatic Play SVP of Sports, say about the German market entry?
Gareth Crook stated, “Our entry into the German betting market again proves the ability to launch our Sportsbook product in a competitive and highly regulated market, fast on the heels of our Spain launch in October. We’re delighted to be partnering with Dazn Bet to achieve its growth plans, this time in Germany.”
7. How does the collaboration between Pragmatic Play and Dazn Bet benefit German customers?
The collaboration brings smoother journeys, exciting new functionalities, and automated processes, all designed to enhance the overall betting experience for German customers.
8. What did Daniel Berthold, Managing Director at Dazn Bet, say about the partnership?
Daniel Berthold said, “Our customers can now enjoy smoother journeys, exciting new functionalities, and automated processes, all designed to enhance the overall betting experience. This strategic milestone will help us grow our footprint and market share significantly in the coming years and will set us up for long-term success.”
9. What other recent partnership has Pragmatic Play entered into?
Pragmatic Play has partnered with KirolBet in Spain, enabling KirolBet to add Pragmatic Play’s slot games to its online casino platform.
10. How does the partnership with KirolBet benefit Pragmatic Play?
The partnership with KirolBet showcases Pragmatic Play’s versatility and commitment to delivering high-quality gaming content across multiple markets, further strengthening its presence in Spain.
11. What is Pragmatic Play’s overarching strategy?
Pragmatic Play’s overarching strategy is to become a leading multi-channel provider in regulated markets worldwide by leveraging innovative technology, robust compliance capabilities, and strong partnerships.