The Asian bookmaker will accept bets from the UK-based independent betting brokerage and will use Betbrokers’ services to help to square its books and effectively manage risk.
Commenting on the agreement, Wayne Lochner, Chairman and Chief Executive of Betbrokers, said: “This counterparty agreement with Samvo will extend Betbrokers\’ geographical reach, giving the Company access to the important Asian gaming market. This is a significant agreement for Betbrokers and is another excellent endorsement from an industry counterparty.”
Wayne Openshaw, Marketing Director of Samvo Entertainment Ltd, commented: “Samvo are delighted to reach an accord with Betbrokers and are looking forward to a mutually beneficial relationship. Such agreements strengthen our foundations in this country and provide added options and security to our business.”
Calculators
