OpenBet

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OpenBet
Industry Software, Gambling
Founded 1996
Headquarters Chiswick, London
Key people
Jeremy Thompson-Hill, Matt Davey
Owner NYX Gaming Group
Number of employees
over 750
Website www.openbet.com

OpenBet is a sportsbook and gaming software company based in Chiswick, London in the United Kingdom, with offices in Sydney, Australia and Montreal, Canada.[1] It supplies bookmakers, national lotteries and other government-backed betting organisations in regulated markets.

Products[edit]

OpenBet develops front-end and back-office gaming products, including management and reporting tools. Its OpenBet platform is designed to allow users to bet and play in multiple languages and currencies across several products and platforms, potentially including web, mobile devices, retail outlets, call centres and interactive television, with single sign-on to a centralised OpenBet account.

Clients include Ladbrokes, William Hill, Betfair,[2] Paddy Power,[3] Sky Betting and Gaming,[4] Sportsbet.com.au, France’s Paris Mutuel Urbain and Canadian state lotteries: BCLC, Loto-Québec, Manitoba and Atlantic Lottery Corporation.[5]

History[edit]

Orbis Technology Ltd was founded on the 12th February 1996 by Clive Haworth, James Caddy and Charles Malir[6]

The company's first sports betting application was released as Betonline through a City Index and Sporting Life joint venture in time for the 1998 World Cup. In 1999 Orbis launched their OpenBet Casino at ICE and the Sky Vegas Live Roulette channel was launched. By 2000, Ladbrokes, Surrey Sports and Paddy Power were live on OpenBet.[7]

In December 2000, the company was acquired by NDS, a News Corporation company and a technology provider in digital television. James Caddy stepped down as CEO in 2004 with David Loveday taking over. NT Media was acquired in September 2005 and then Electracade in December 2008.

In 2010, Orbis Technology was renamed to OpenBet, the name of its eponymous software betting platform. It also acquired Alphameric Solutions, a software company supplying betting retail products, which was renamed as the OpenBet Retail division.

In January 2011, OpenBet was sold by NDS for £208m, in a management buyout backed by private equity firm, Vitruvian Partners.[2] In March 2013 David Loveday stepped down, with COO Jeremy Thompson-Hill taking over as CEO of Openbet.[8]

In April 2015, OpenBet acquired their Greek branch from outsourcing partner Athens Technology Center S.A., increasing the group's headcount by 25%.[9]

Awards and recognition[edit]

OpenBet was voted one of the best 100 companies to work for in the UK according to a Sunday Times survey in 2010,[10](subscription required) and later achieved a one star accreditation in 2015.[11]

In 2014, OpenBet was named sports betting supplier of the year at the eGamingReview B2B awards for the fifth successive year.[12]

References[edit]