Scout Gaming entered into a licensing agreement with Indian Playsafe Games, which makes the brand Scoring 11 accessible for the Indian company. Scoring 11 will run in the same company as Indibet.com and Scout Gaming’s full product range will be available on the Indian platform, according to a press statement by Scout Gaming.
“This is the third customer agreement we sign where the counter-party is expected to have a significant presence in the Indian market that is growing strongly. Cricket is a huge sport locally, and I am excited about continuing to grow the liquidity network we have established. Further on this means larger prize pools and a more attractive product,” says Andreas Ternström, CEO at Scout Gaming.
“We see how Fantasy Sports has strong growth in the country. With players like Dream11 who are extremely popular at the forefront, we have explored the possibilities of expanding our value chain to operator business focusing exclusively on fantasy sports. After that scan of the market, Scout Gaming came across as the most competitive player, having established a global liquidity network with access to both popular local sports such as Cricket and Kabaddi, but also international leagues such as Premier League are something we believe will be winning in the long run,” adds Harshit Mehta, CEO of Indiabet.com.
Sports Gaming UK which owns Indiabet.com holds a stake in Scoring 11 (Playsafe Games Pvt Ltd). IndiaBet is run by Harshit Mehta in India and he owns majority shares in Playsafe Games Pvt Ltd. Indiabet.com is originally an affiliate focusing on the Indian market. Scout Gaming’s products are expected to be launched during the year. Scoring 11 is also likely to be part of Scout Gaming’s global liquidity network. Fantasy Sports is considered a skill game in India and is thus entirely legal.
Scout Gaming Group is a licensed and regulated provider of B2B Daily Fantasy Sports and pool betting. The group has approximately 70 staff and is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway and Lviv, Ukraine. Sales, support and product management is handled from the office in Malta.