Playtech Launch Sports Betting App for the Apple Watch

Apple Watch

Customers of Coral can now enjoy a full range of sports betting facilities on their Apple Watch after Playtech launched the gambling industry’s first sports betting app for the new wearable technology. Licenses for other gambling firms are in the process of being created.

The new app is an extension of “Coral Connect,” the Omni-channel contract that allows Coral’s customers to have a seamless, one account and one wallet across a whole suite of gambling products whether they’re online or in a Coral venue.

This new app, the first of its kind for Apple’s latest gadget, allows Coral customers to receive alerts regarding offers and promotions, browse live and upcoming sporting events, place bets and even cash out those bets in real-time.

Speaking of the innovative app, the CEO of Playtech, Mor Weizer, said: ““Innovation is part of our DNA at Playtech, an area we take very seriously and invest in heavily year-on-year. We are well ahead of any of our competitors on not just this development, but also the entire Omni-Channel offering as we have shown with Coral and as we are about to embark on with a number of other significant licensees. The Apple Watch is a natural extension to this and no other supplier has the technology, global expertise, resource, and support to offer such an all-encompassing solution.”

The launch comes off the back of Playtech announcing a trading update to the London Stock Exchange, an update that makes great reading for shareholders and investors in the company.

Total revenue has increased 31% in the first quarter of 2015 compared to the first quarter of 2014 and is some 7% higher than the already impressive figure of Q4 of 2014. There were increases for casino (28%), service (27%), land-based operations (198%), spots (31%), and bingo (24%) although like-for-like revenue on poker fell (17%).

According to a statement to the London Stock Exchange, average daily revenue for the first 25 days of Q2 2015 is up by more than 25% on Q2 2014.

Lead image courtesy of the Huffington Post

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