FSB Tech anticipates growth after ‘breakthrough’ 2016

David McDowell, chief executive of FSB Technology, has said that he expects the betting software provider to achieve further growth in 2017 after enjoying what he described as a “breakthrough” 12 months.

FSB began 2016 running just four sportsbooks, but this has expanded to a total of 14, with six more to be launched in the near future.

Last year, the company also moved to a private cloud-hosting infrastructure and released a full suite of casino and live dealer games in partnership with Realistic Games, Microgaming and Evolution.

In addition, the company has reported significant growth in terms of the number of bets processed on its platform, with the 80,000 in the fourth quarter of 2015 some way behind the total of over 4.5 million during the same three-month period in 2016.

“It was very much our breakthrough year and it has paved the way for an even stronger 2017,” McDowell said.

“We have established our position as a top quality supplier in the UK and Irish markets, and in 2017 we are launching our retail solutions into Asia and at the same time rolling out more mobile solutions across Africa.

“We have developed the most efficient trading tools in the market today, and have now proven the scalability of our platform as well.

“In an industry where data and regulatory costs are going up, FSB are delivering technology solutions that help drive the operational costs down.

“There is so much opportunity in the market today, and given the huge investment into our platform, both in terms of automation and scalability, I am confident the upward curve will continue while maintaining a strong service to existing customers.”

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