By reviewing its partnerships with the major suppliers of the industry, such as the global leader of sports data and digital content Sportradar, or the award-winning gaming software supplier Microgaming, Sportingtech has managed to grow its market share in several LatAm markets.

With an extensive offer and a cutting-edge sportsbook, Sportingtech has taken the time to invest in research and development during these pandemic times with immediate impact on its operators’ performance.

“Sportingtech team is proactive in implementing “changes”, and that makes the difference between success and failure.”, says Ivo Doroteia, Sportingtech CEO.

The most recent BI and analytics tools in conjunction with AI and automatization made it possible for its customers to grow their business despite the unique challenges the industry is experiencing. Sportingtech´s existing clients have experienced accelerated growth and expansion.

This augmentation is in alignment with several new deals that the company has recently signed which has in turn led to a growth of the team. The recent onboarding of expert and qualified new members onto the team registered last months will not stop there.

In order to keep up with demand and respond to the fast growth of the company and expand into new licensed markets, Sportingtech Executive Leadership Team has been reinforced by the experienced Luis de Prat as Head of Business Development, Rui Vilela as CFO and Duarte Chuva has been promoted as new Operations Manager.
 

Sportingtech’s new executive leadership is in the process of adjusting its clients’ portfolio in order to maximize the company’s overall contribution to achieving the organization’s strategic initiatives and goals. This has led to changes in product and the mix of projects in the portfolio, including potential project deferrals or terminations in the upcoming days.

Additionally, we can say that Sportingtech has succeeded in changing and reinventing the business model and in the process has created opportunities and cutting edge tools for its operators to grow and thrive in a more sustainable way.

Although we are facing unique challenges due to the pandemic, our operators register an increase in their performance and margins in a clear counter cycle!