Playwin in JV with Sportech for sports-based gaming products

MUMBAI: Gaming and lottery company Playwin has announced its entry into a joint venture with Sportech PLC, a UK-based football gaming business ompany and owner of The New Football Pools.

The association will mark the launch of a broad-based online gaming platform for India. This association will enable Playwin to offer games which will be specifically tailored for the Indian audience. The new games are expected to be launched in Spring 2010 with new prediction and fantasy games initially centred around the most popular sports of cricket, football and Formula One motorsport.
This will be a 50 per cent JV and looks to capitalise on India‘s one billion population‘s passion for sport with the new gaming platform initially offering a set of sports prediction and fantasy games.

Playwin already offers various games that are based on international lotto game formats. Till date Playwin has given away more than Rs 80 billion in the form of prize money, making it one of the most successful forms of gaming within a short span of 7 years. Over 12,000 retail shops enjoy Playwin‘s patronage. The biggest jackpot win of Playwin has been bagged by a single winner with Rs 172 million on Playwin‘s Thursday Super Lotto.

Pan India Network CEO Amit Goenka said, "India is a sports loving nation and there is huge market for gaming. We are glad to have this association with Sportech considering a very wide base of sports fans in the country. With exciting sports games on offer, we are sure both Playwin and Sportech will see great success in the Indian market. Innovation has always been the backbone of Playwin‘s strategy since its inception in 2002 and basis of all our accomplishments. Moving ahead, we aim to attract and target a huge chunk of sport lovers through this joint venture".  
Sportech CEO Ian Penrose says, "This gives Sportech a great opportunity to launch sports-based gaming products into a growing and lucrative marketplace, and is the logical next step in Sportech‘s ambition to be an international gaming operator. We look forward to operating a successful business in India as we continue to pursue further international expansion opportunities."

Latest Reads
HAL Robotics ropes in Navanit Samaiyar as board member and advisor

MUMBAI: HAL Robotics has roped in Navanit Samaiyar as its board member and advisor. Samaiyar has a record of setting up, scaling and transforming businesses across a very wide cross section of industries spanning from IT/ ITeS to steel, telecom, engineering goods, earthmoving machinery, logistics...

Technology Hardware Components
Republic TV launches Android app

MUMBAI: Republic TV is on a roll. From rocking the ratings chart in launch week itself to going international, the channel has added one more accomplishment to its kitty. The Republic TV Android app is now live.

Technology Software Applications
STB cos in India, China enhancing features, providing customised solutions, Technavio enlists top vendors

MUMBAI: The global STB market is characterised by intense competition as the market is saturated in developed countries. The market share of these players is declining because of the entry of new players. The STB companies are enhancing the features of STBs and providing customised solutions to...

Technology Hardware Set-top Boxes
India's PFT Clear Media ERP suite to help US' PBS content delivery

MUMBAI: Prime Focus Technologies (PFT), the technology arm of Prime Focus, announced that its CLEAR™ Media ERP Suite has been selected by Public Broadcasting Service (PBS) to enhance their Network Operations Center (NOC) ecosystem efficiencies and sustainability, with the objective of reducing...

Technology Software Applications
Broadcasters, OTTs to gain as Via adds xHE-AAC at special rate

MUMBAI: Via Licensing Corporation, a intellectual property solutions provider, has announced the upcoming availability of Extended High Efficiency AAC (xHE-AAC) as part of the Advanced Audio Coding (AAC) patent pool. The expanded patent pool licence will be available at no additional cost to...

Technology Software Applications
Tata Comm to deliver Motorsport videos on global devices

MUMBAI: Tata Communications will now deliver video content for viewers' all devices over its global network. The two have partnered to power the growth of the network’s internet television platforms.

Technology Software Applications
How to create live video content sans pros, convert radio broadcast into visual show

MUMBAI: ChyronHego will be showcasing its live production, automation solutions at Broadcast India show in Mumbai in mid-October.

Technology Software Applications
Sony renews IP licence deal with TiVo

MUMBAI: TiVo Corporation, a leader in entertainment technology and audience insights, has announced that Sony Corporation, a leader in consumer electronics, has renewed its multi-year intellectual property (IP) licence agreement. The license to TiVo’s patent portfolios covers all of Sony’s...

Technology Software Applications
Digital TV, growing telecom major drivers of coaxial cable growth in A-Pac: Study

MUMBAI: The global coaxial cables market is mature owing to the use of coaxial cables in industries for a long time and the slow or stagnant product innovation.

Technology Hardware Components

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories