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05/25/2003
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1:46 AM ET
A LOOK AT TODAY’S
GAMBLING SOFTWARE (SPORTSBOOKS)
Christopher
Costigan, Sports911.com
Only a
handful of the several hundred sportsbooks and online casinos on the market
today utilize their own “in-house” software platforms.
For the vast majority, they must rely on licensing gambling software from
outside providers. With that
comes problems, among them cost issues, maintenance, upkeep, load factors
and lack of customization (identity).
911 has
taken a long hard look at the many sportsbook and online casino software
providers that enjoy a portion of today’s market share.
IQ
LUDOREM (IQL) – At
one time, IQL held more than 50% of the online sportsbook market.
Today they only control a fraction of it.
Here is a company that had a chance to monopolize much the same as a Don
Best or Microsoft. They essentially
blew it! But all is not lost.
IQL could be viewed as the Apple of offshore sportsbook software.
Whether or not they will continue to carry a quality product remains to
be seen as there are rumors of staff cuts and relocation.
Nevertheless, IQL has managed to woo World Gaming’s second largest
licensee and they’ll be keeping on board offshore powerhouse World Wide Tele
Sports for another year at least. The
software company does have its own technicians in-house at the WWTS office
complex in
Antigua
.
INET
SOFTWARE – Here
we have a company that was poised to capitalize on IQL and Unified Gaming’s
ineptness. Instead they ended up
with a handful of shit operations like GoTo Entertainment, Gamblers Palace and
Sky Tower just to name a few. All is
not lost though as Inet also managed to reel in Unified’s bread and butter
operation, Sportbet. They also
license what 911 considers to be the strongest newcomer onto the offshore sports
betting scene,
Gamblers Avenue
.
Another one of its licensees, Odds N Ends, already maintained a
significant credit business prior to going online late last year.
Furthermore, Inet has continued to upgrade its software to the point
where it is actually worth something, unlike the original version they
reportedly provided for WIT Sports at a fire sale price.
Still, like IQL, Inet has suffered from a bad image brought on by poor
licensing decisions and disgruntled former employees.
ACTION
SPORTSBOOK INTERNATIONAL (ASI EXTENSIONS) – Right
now ASI accounts for a good chunk of the online sportsbook market.
All things considered, ASI’s clients rank among the biggest in the
industry, among them Pinnacle, Olympic Sports, Millennium, Grand Central, Rio
International and First Fidelity. Feedback
from operators continues to be favorable and the software has had the ability to
keep up with fast growing businesses the likes of all of the above.
No doubt ASI will continue to be a pivotal player in the world of
gambling software for many years to come, or at least until something better
comes along (and I don’t see that happening any time soon).
One of the drawbacks with ASI we are told is a lack of support, though
the issue has not been brought up often, perhaps because this is a superior
product.
INTERACTIVE
GAMING AND WAGERING (IGW) – This
Curacao based software company has its limitations.
All of its licensees and technical staff remain in the Dutch Antilles
island nation. That’s not always a
bad thing as the company provides its sportsbook operations with
“on-premise” support, the only problem is a minimal presence of wagering
shops located in
Curacao
. IGW has had
its fair share of problems, mostly a result of unprecedented growth of its
licensees like VIP Sports. They have
also continued to upgrade the software platform, introducing a horse racing
feature this past year. Another
drawback is the company’s compatibility issues with America Online.
Make no mistake about it though, IGW is the most responsible of all
sportsbook software providers, having assisted with the takeover of some weaker
licensees by its mainstay venues like VIP and Game Day Sports.
They also began providing their platform to newcomer, Sirbet, which is
poised to become a noteworthy player in offshore sports wagering.
WORLD
GAMING (STARNET) – Nothing
amazes me more than a company so rife with problems continuing to provide an
above average product over the years. World
Gaming has lost most of its licensees but its pride and joy, The Sportsbook.com
Group, continues to reshape the organization.
Without Sportsbook.com, World Gaming would probably cease to exist.
The software platform is well liked by most customers and very easy to
navigate. 911 predicts that World
Gaming will eventually be eaten up by its own “sugar daddy” licensee over
the next year or so. After all, who
really needs the headaches associated with poor management and an oversized
walk-in closet full of skeletal remains (the company has gone through seven
CEO’s in the last four years).
FUTUREBET
(WORLD WIDE SUPPORT) – At
one time World Gaming’s second biggest licensee, Future Bet (previously known
as Global Interactive) had seen the writing on the wall and decided to branch
out on their own. In doing so, they
reside over some of the worst sportsbook licensees the industry has to offer.
Shoddy customer service, cookie cutter mentality and very annoying
management personnel will continue to keep this organization down.
In all fairness Futurebet’s CEO did step in to help get players paid at
least a portion of monies owed to them after infamous licensee, Black Rhino,
decided to close shop last year. Nevertheless,
if you are going to sell licenses for a few thousand dollars a pop, there are
bound to be problems in the horizon. Slow
pay issues such as those witnessed recently with the closest thing they have to
a flagship operation, Safari Casino and Sportsbook, continue to hamper this
group’s reputation.
UNIFIED
GAMING – Unified
was good because the software platform offered an online casino that did not
require downloading. It was bad
because the security concerns associated with this casino were practically
nonexistent in today’s “hack friendly” environment.
Furthermore, you had a lot of unscrupulous or otherwise poorly funded
mismanaged licensees jumping into the fray.
A lot of bad blood ensured with several disgruntled licensees claiming
that Unified’s former owner had misappropriated funds to pay for the trial
(and subsequent second trial) of his son, Denny Ross, who authorities charged
with murdering an ex-girlfriend (the judge declared a mistrial the first time).
Unified’s former owner steadfastly denies such allegations.
The million dollar defense "dream
team" did include the likes of famed Las Vegas attorney David
Chesnoff, San Diego's Michael Pancer, San Francisco death penalty specialist
David Nickerson, Akron lawyer Larry Whitney, and Bay area private investigator
David Fechheimer. The licensees used this as an opportunity to cry foul and make
a hasty retreat. Unified is a mere
skeleton of what it once was back in the year 2000. Two weeks ago, The
Ohio Supreme Court refused to hear the appeal of accused murderer Denny
Ross. The one-sentence, 6-1 decision could mean that Ross will stand trial a
second time in the 1999 slaying of 18-year-old Hannah Hill of Akron. It
also could mean another series of appeals in a case that is approaching four
years of unprecedented legal missteps
MERCEDES – This is an okay product that appears to have gotten
better but they are yet to shed the image of being part and parcel with SBG
Global. Operators are generally
hesitant when it comes to utilizing a software product perceived to be tightly
associated with another sportsbook. In
a way, this perception might also serve to hurt IGW, which is widely considered
a byproduct of VIP Sports, or vice versa. Mercedes
continues trudging along nonetheless and has apparently improved over the years
though 911 really does not hear much about this software product to really form
an opinion. They do have BetCBS
as a client, which can’t hurt.
_______________________________
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