Sports technology and integrity company Sportradar said Wednesday it has won a 10-year contract to become the official technology and services solution provider of the Taiwan Sports Lottery following an international tender process.
Starting from 2024 and running through 2033, the contract sees Sportradar form part of a consortium alongside license holder ADATA Technology, operator Taiwan Sports Lottery Company Ltd (TSLC) and China Trust Bank.
In announcing the deal, Sportradar said it will fully implement its end-to-end sportsbook and player account management solution ORAKO across more than 2,600 retail outlets in Taiwan as well as across web and mobile channels. The technology will power the Lottery with ORAKO Sports Betting and Player Management platform, managed trading services, pre-match and live data and odds, audio-visual streaming, marketing services and other Sportradar ORAKO solution integrated services.
The solution includes the delivery of the required equipment at retail stores including customized lottery terminals and printers, and digital multimedia displays to provide live sports and betting information, the company explained.
Sportradar has also established a local team in Taipei to provide operational support and expertise alongside TSLC’s team members on the ground.
“Our experience working with government-run lotteries around the world, coupled with our innovative technology and end-to-end ORAKO solution, means Sportradar is well-placed to operate as part of a successful consortium for the Taiwan Sports Lottery,” said Sportradar CEO, Carsten Koerl.
“We’re able to bring the full range of betting services to deliver a high-quality and consistent experience for people playing the games, whether they’re in retail outlets, playing via the internet or on their mobile devices.”
Ted Lin, President of Taiwan Sports Lottery Company Ltd, said, “Our aim is to redefine the sports betting experience and Sportradar has a full suite of technological solutions to help us achieve that. With a proven track record of working with established lottery providers globally, we look forward to harnessing the synergies with Sportradar to transform the sports betting landscape in Taiwan.”
Sportradar said it supports more than 10 government-approved lotteries around the world with its technological solutions, including Hong Kong, South Korea, Singapore, Norway and Finland.