AI-driven Betting Product Launches in Malta
Maltese subsidiary Maltco Lotteries in partnership with INTRALOT has launched an AI-driven betting product. The U*BET Simulated Reality platform seeks to enhance prestigious sports offering for Maltco Lotteries’ in Malta. The platform will further encompass AI-driven games such as tennis and football.
Players will have the opportunity to bet on matches whether the Live Betting or Pre-Game. The games will be played out over a full 90 minutes. Additionally, players will have many betting markets to choose from.
Explaining the AI-driven Betting Product
The AI-driven product is powered by SPORTRADAR is generated by computer software. The software reflects the duration, flow as well as rules of the real sport. The Simulated Reality Events, also indicate simulated matches.
Essentially, the events are based on data and historical statistics. Advanced algorithms determine the results of the real teams participating in a certain simulated match. At the end of the day, the product also uses a certified Random Number Generator infrastructure.
What Will the New Product Cover?
U*BET Simulated Reality will cover a number of prominent sporting events including football and tennis. Players can use this product to bet on their favourite games such as the Europa League, Spanish La Liga, English Premier League, UEFA Champions League as well as French Ligue 1.
By offering this new platform, the companies show its commitment to offering a world-class betting experience. They want to create an engaging relationship with their players says the CEO of INTRALOT, Dr. Chris Dimitriadis.
Speaking about the new product, CEO of Maltco Lotteries, Vasileios Kasiotakis, reveals that it continues to commit to offering the most comprehensive sports betting product. to retailers and players globally. The chief executive continued to state that the company is in support of environmental safety, the safety of players information, as well as practicing social distancing during this time.
According to Kasiotakis, Maltco Lotteries continues to design games that are in line with the Anti Money Laundering regulations. The company ensures that they provide entertainment via their vast portfolio of games they also promote responsible gaming principles.