Islensk Getspa and Islenskar Getraunir recently signed a contract with Betware of Iceland, allowing for the addition of a new “turn-key” functionality to the original gaming services provided by Betware on its powerful Betware Gaming Platform (BGP).
The latest solution developed by Betware is designed, supplied and built to be installed as is, in its complete form, ready to operate. It will feature all the benefits of the original solution offered by Betware and will have the flexibility of customization on top of its existing functionality.

“The solution is a great step forward in the development of vendor gaming software since it comes as a “packaged” product, ready to use with a fixed set of features”, says Hordur Birgisson, Project Manager at Betware. The solution importantly also benefits from a “shorter time to market” which means its faster implementation makes it easier for a Lottery to launch its gaming services to customers.

Betware’s turn-key solution will come inclusive of a set number of games such as the more popular numbers games of Lotto and the sports betting games of Oddset and Toto. Additionally, the turn-key solution will also feature:

Live Betting, which will enable lottery customers to bet on live events during the event.

Event Management, which allows the lottery to manage the events offered in sports betting games.

A service called Risk Management, which is designed to monitor sales and/or liability to minimize the risk for sports betting operators.

Islenskar Getraunir was the first state lottery in the world to go on the Internet as early as 1996. Betware has serviced the Icelandic Lotteries since this time. “Upgrading to the turn-key solution was the way forward for us”, says Bergsveinn Sampsted, CEO of the Icelandic Lotteries. “Many of the smaller lotteries would find what they are looking for in Betware’s turn-key solution since something like this has not been offered before in the gaming market. It is a feature rich solution that does not need customization so it is affordable by the smaller lotteries.”

The Icelandic lotteries are Betware’s second clients to choose the turn-key solution. The first to buy the solution were Chariot (UK) plc, the company behind monday – the Charities Lottery lotto game. The turn-key solution is expected to be integrated to the Icelandic Lotteries’ central system by the beginning of June 2006.