Press Releases
Spreadex signs two-year renewal for North American racing with XB Net

Leading spread-betting firm extends its distribution deal for premium pictures, betting data and odds ahead of Triple Crown weekend
XB Net, the leading provider of premium content for US horse and greyhound racing, has announced the two-year extension of its ongoing partnership with sports spreads and fixed-odds betting firm, Spreadex.
The deal sees the St Albans-based operator renew the rights on XB Netâs wealth of live pictures, data and betting services across an unrivalled network of over 50 North American tracks, allowing Spreadex to flexibly load its daily timetable with a deep well of fast-settling betting opportunities that are proven to drive digital dwell-time and diversify revenues.
Spreadexâs popular daily markets will continue to feature aggregated performance markets, race-by-race index spreads and binary fixed-odds markets. While XB Netâs end-to-end solution opens up many of the worldâs most prestigious horse races, including this weekendâs Belmont Stakes, the Preakness Stakes, the Pegasus World Cup and the Breedersâ Cup, alongside a suite of storied dog tracks in Florida.
Saturday nightâs Belmont Stakes raises the curtain on a U.S. Triple Crown rescheduled in the shadow of the coronavirus pandemic. A stellar card, kicking off at Belmont Park just hours after the final race at Royal Ascot, reaches its climax with the Belmont Stakes (22:42 BST) where the undefeated Tiz The Law has captured the betting market and local fan attention at the famous New York track. Winner of the Florida Derby at Gulfstream Park, Tiz The Law has already booked his spot at the Kentucky Derby on 5th September, with the Preakness, the final jewel in the Triple Crown and another XB Net flagship race now set for 3rd October.
XB Net is the pacesetter for live North American racing content, managing international rights, data, odds and live broadcast and video streaming on behalf of its growing global portfolio of partners. Harnessing low-latency feeds from more than 2,500 meetings, showcasing over 25,000 races per year, North American racing is converting untapped audiences as global operators plug the gaps on an interrupted calendar of live sport.
Simon Fraser, Senior Vice President of International at XB Net, said: âItâs a real validation of our teamâs hard work that a name as respected as Spreadex has renewed our full package of pictures, data and content rights. North American racing has been one of very few top-class sports which has been able to maintain a robust timetable and a high bar for top-notch, rapid-cycle content that can be used to fill the void across any slot or time zone.
âAlthough high-class horse racing has happily returned to the UK, those viewers and bettors who were drawn to North American racing during the lockdown have largely been retained which is very encouraging. This weekendâs Belmont Stakes in New York, whose undercard is also screened live on Sky Sports, can again prove the point by picking up the bit from the final day of Royal Ascot on Saturday evening. Maybe the Queen and Queens arenât so far removed after all!â
Shaun Howells, Sports Room Manager at Spreadex, added: âWeâre thrilled to be renewing these distribution rights in our ongoing alliance with XB Net, whose one-stop shop for betting services has opened our customersâ eyes to the excitement and accessibility of stateside racing, creating extra revenue streams in the process. With many of our clients located in the UK, there are natural leisure-time synergies to be had with North American racing, Weâre delighted to see that levels for engagement and retention have improved as a result.â
Compliance Updates
QTech Games sharpens its LatAm focus with MINCETUR licence in Peru

New certification for emerging-markets leader arrives ahead of key industry summit in Sao Paulo and awards recognition
QTech Games, the leading game aggregator for emerging markets, has had its platform and games successfully approved for the Peruvian market, demonstrating that its premier B2B platform and all-encompassing content conforms to the latest legislative updates to enhance and regulate Peruâs local gaming environment.
Peruâs Ministry of Foreign Commerce and Tourism (MINCETUR) has now issued an online gaming licence to QTech Games, whereby all its platform products and games are now deemed legally permitted. This includes its new software service for retail, QTech Hybrid, which allows land-based partners to scale their operations online. QTech Hybrid simplifies transactions by enabling deposits, withdrawals and gameplay while allowing access to players both in-shop and on personal devices.
This breakthrough hybrid solution has quickly won clients and awards in the comparably fragmented African market (most recently in March for Best Innovation at AGE Lagos), and now promises to do likewise across LatAm, where QTech Games has already signed several major clients for both its aggregation platform and its QTech Hybrid solution. This activity has seen it again nominated for Best Aggregator at the SiGMA Americas Awards, which kickstart the SiGMA Americas summit (7-10 April) next week, as the igaming world converges on Sao Paulo for a must-attend conference in another of QTech Gamesâ âfocus markets” for 2025.
Philip Doftvik, QTech Gamesâ CEO, said: âIt’s fantastic to have certified our aggregation platform in Peru via MINCETUR â and Iâm pleased to say we have more such approvals pending across the continent. We attended fantastic events in Rio and, more recently, SAGSE 2025 in Buenos Aires – and anticipate more of the same at SiGMA Americas in Sao Paulo next week, where weâre also thrilled to have been shortlisted for Best Aggregator at their LatAm Awards. Given the venue, Brazil will be dominating the discussion for many at SiGMA Sao Paulo. However, weâll also be looking beyond Brazilian borders this year, and are already active in Mexico, Chile, Colombia and Paraguay. We know our QTech Hybrid solution will work very well wherever we put a pin on the LatAm map.â
QTech Games delegates will be present at five more LatAm summits in 2025, with SiGMA Americas (7 April) the next port of call – followed by GAT Expo Cartagena (28 April), SBC Americas (13 May), Peru Gaming Show (18 June) and GAT Expo Mexico (28 Aug).
Latest News
BETBY STRENGTHENS LATAM PRESENCE THROUGH STRATEGIC PARTNERSHIP WITH CALĂMACO

BETBY, an industry-leading sports betting provider, has announced a long-term partnership with CalĂmaco, a premium B2B sportsbook supplier with a strong foothold across Latin America. This collaboration aligns with BETBY’s expansion strategy in the LATAM market, reinforcing its commitment to delivering state-of-the-art sportsbook solutions in the region.
As part of the agreement, CalĂmaco will integrate BETBYâs award-winning sportsbook solution, including its proprietary esports feed BETBY Games, and comprehensive trading and risk management services. Additionally, by leveraging BETBYâs AI-driven technology, AI Labs, CalĂmacoâs partners will gain access to an unparalleled betting experience tailored to the needs of the LATAM market.
Known for its scalable and robust casino and lottery platform, CalĂmaco will significantly enhance its offering with an additional 300,000+ events, 8,000+ markets, 125+ sports, and 35+ esports provided by BETBY, cementing its position as a go-to supplier in the regionâs competitive iGaming landscape.
Stefanos Karakidis, Head of Business Development at BETBY, commented: âWe are excited to partner with CalĂmaco, a company that shares our vision for technological excellence and operator-focused innovation. Integrating our complete sportsbook solution into CalĂmacoâs platform will enable brands across LATAM to elevate their sports betting offerings and provide their users with an exceptional experience.â
Alejandro Serrano, Head of Business Development at CalĂmaco, added: âBETBYâs sportsbook technology is renowned for its flexibility, scalability, reliability, and comprehensive coverage. Incorporating their award-winning solution into our platform will empower our partners with world-class sports betting capabilities, further strengthening our presence in the Latin American market.â
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GLIÂź Names Sangeeta Reddy as Vice President, Innovation

To ensure the company keeps its global clients well ahead of the technology curve, Gaming Laboratories International (GLIÂź) has named Sangeeta Reddy as Vice President, Innovation. Previously, she served as Vice President of Engineering. Reddy will lead the companyâs newly formed Innovation division.
âTechnology is advancing at a breathtaking rate. Our mission at GLI is to advance with technology, while also constantly finding ways to do more to keep our clients informed and ahead of whatâs next. In her new role, Sangeeta will continue to evolve our evaluation methodologies via her passion for R&D, her extensive experience both in and out of the gaming, and her strong academic background,â said President and CEO James R. Maida.
Reddy began her gaming industry career in 2001 as a PA Engineer at IGT, specializing in VLT, Slot games. She joined GLI in 2020. Prior to joining GLI, Reddy successfully managed Software QA and Development teams at Thomson Reuters and General Motors.
She holds a certificate from the Harvard Business Publishingâs Emerging Leaders program and a certificate in Associates Computer Information Systems. Her Postgraduate certification includes Chief Technology Officer Program, Business Analytics: From Data to Insights, and Driving Strategic Innovation: Leading Complex Initiatives for Impact from the Wharton School Aresty Institute of Executive Education and certifications in Cloud Computing, Artificial Intelligence and Machine Learning: Business Applications, Artificial Intelligence, and Data Science and Business Analytics from the Texas McCombs School of Business, Postgraduate Program.
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