The sports betting technology industry has evolved considerably, with companies like SBTech at the forefront. Here are some key dates, figures, and facts associated with SBTech and its journey in the industry:
- Foundation: SBTech was established in 2007, marking its entry into the sports betting technology arena.
- Acquisition by DraftKings: On December 23, 2019, SBTech was acquired by DraftKings, a significant milestone that not only reshaped the structure of SBTech but also marked a notable consolidation in the sports betting industry.
- Employee Strength: SBTech, before the acquisition, had a strength of 1,200 employees, indicating a substantial human resource capacity to drive its technological innovations and offer specialised services in sports betting.
- Global Presence: The company provided award-winning sports betting solutions and management services to over 50 partners worldwide, showcasing its global reach and influence in the sports betting technology sector.
- Product Offering: SBTech developed an online sports betting and casino platform to provide sports betting products and services, a venture that has made it a reputable name in the industry.
These facts and figures depict SBTech’s trajectory and significance in the sports betting technology industry before its acquisition by DraftKings. Through strategic partnerships and continuous technological advancements, SBTech has established a strong foothold in the industry, contributing to the ongoing evolution of sports betting technology.
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