Managed-services sportsbook solution, ORAKO, to underpin sports betting in Taiwan for the next decade.<\/p>\n\n\n\n\n\n\n\n
Press release.-\u00a0<\/strong>Sportradar<\/a>\u00a0has been selected as\u00a0the official technology and services solution provider by the Taiwan Sports Lottery<\/strong>, following an international tender process. Based on the breadth of services included, the structure and longevity of the industry-first agreement,\u00a0Sportradar<\/a>\u00a0is set to transform the sports betting experience in Taiwan as part of the consortium that will operate the Taiwan Sports Lottery from 2024 through 2033.\u00a0\u00a0<\/p>\n\n\n\n Being appointed as part of the consortium formed by ADATA Technology as the licence holder, Taiwan Sports Lottery Company Ltd (TSLC) as the operator and China Trust Bank, further strengthens Sportradar\u2019s industry position in the Asia Pacific region<\/strong>. The consortium was awarded the third Sports Lottery License issued by the Taiwan Government\u2019s Sports Administration in December 2022. <\/p>\n\n\n\n ORAKO, the Company\u2019s end-to-end sportsbook and player account management solution, will be fully implemented across more than 2,600 retail outlets in Taiwan<\/strong> as well as across web and mobile channels as it is designed to scale for omnichannel use. <\/p>\n\n\n\n Sportradar\u2019s technology will power the Lottery with ORAKO Sports Betting and Player Management platform, Managed Trading Services, Pre-match and Live data and odds, Audiovisual streaming, Marketing services and other Sportradar ORAKO solution integrated services. <\/p>\n\n\n\n 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. <\/p>\n\n\n\n As part of the agreement, Sportradar also established a local team in Taipei to provide operational support and expertise alongside TSLC\u2019s team members on the ground. <\/p>\n\n\n\n Carsten Koerl<\/strong>, chief executive officer, of Sportradar, said: \u201cOur 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. <\/p>\n\n\n\n \u201cWe\u2019re able to bring the full range of betting services to deliver a high-quality and consistent experience for people playing the games, whether they\u2019re in retail outlets, playing via the internet or on their mobile devices.\u201d<\/p>\n\n\n\n Ted Lin<\/strong>, president of Taiwan Sports Lottery Company Ltd, said: \u201cOur aim is to redefine the sports betting experience and Sportradar has a full suite of technological solutions to help us achieve that. <\/p>\n\n\n\n \u201cWith 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.\u201d <\/p>\n\n\n\n Sportradar supports more than ten government-approved lotteries around the world with its technological solutions including Hong Kong, South Korea, Singapore, Norway and Finland. <\/p>\n","protected":false},"excerpt":{"rendered":" Managed-services sportsbook solution, ORAKO, to underpin sports betting in Taiwan for the next decade.<\/p>\n","protected":false},"author":176,"featured_media":777010041,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":true,"is_interview":false,"is_opinion":false,"focusai_summary":"Sportradar has secured a decade-long agreement (2024-2033) to provide its ORAKO managed-services sportsbook solution to the Taiwan Sports Lottery. As part of a consortium led by ADATA Technology, this B2B partnership will underpin omnichannel sports betting operations across over 2,600 retail outlets, web, and mobile channels. This strategic win significantly enhances Sportradar's market penetration and B2B licensing footprint in the APAC region.","focusai_entities":"Sportradar, ORAKO, Taiwan Sports Lottery, ADATA Technology, Taiwan Sports Lottery Company Ltd (TSLC), China Trust Bank, Taiwan Government\u2019s Sports Administration, Carsten Koerl, Ted Lin","focusai_location":"Taiwan, Taipei, Hong Kong, South Korea, Singapore, Norway, Finland","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), compliance_legal (0.7), operator_casino (0.85), product_ux (0.7), tech_data (0.9), marketing_crm (0.7), investor_analyst (0.95), supplier_vendor (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"ORAKO's Market Impact","query":"How will Sportradar's ORAKO solution, specifically its managed trading services and omnichannel capabilities, differentiate the Taiwan Sports Lottery's GGR and NGR performance against regional benchmarks?"},{"label":"Consortium Governance Structure","query":"What are the specific governance frameworks and revenue-sharing mechanisms established within the ADATA Technology-led consortium to ensure operational efficiency and regulatory compliance over the 10-year license term?"}],"footnotes":""},"categories":[157,16338,24777],"tags":[23849],"class_list":["post-777010040","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-partner-news","tag-sportradar","press-release"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777010040"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010040\/revisions"}],"predecessor-version":[{"id":777041170,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010040\/revisions\/777041170"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777010041"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777010040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777010040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777010040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}