LVS and Lotsys sign Internet betting system supply contract with ISBB

BOULOGNE, France -- (PRESS RELEASE) -- LVS Ltd, a U.K.-based specialist of sports betting solutions, and Lotsys, SAS a French specialist of lottery and retail solutions, announced today they won the international tender issued by the Israel Sports Betting Board (ISBB) in April 2011. The contract, signed July 26th 2012, covers the supply of an Internet betting system with an option for an extension to replace ISBB’s overall betting system, for both retail and digital channels.

Zach Fishbein, Chairman of ISBB said: "We have made the choice of the modernity and flexibility with LVS and Lotsys. We have chosen partners that will keep ISBB at the cutting edge of technology and help deliver nothing but the best service to our customers."

With the LVS Advanced Betting Platform (ABP) and Lotsys solutions, ISBB has selected a complete multi-channel system based on sophisticated and open sports betting software. Itshak Lary, CEO of ISBB, confirmed: "This is a state-of-the art, robust, scalable and service-oriented solution. It will attract new punters by enlarging their options and offers."

Lotsys and LVS succeeded in this very tough competition by combining their comprehensive knowledge of the lottery industry with a modern and open sports betting platform. Pascal Blyau, FDJ Development Director and LVS Managing Director, said: "We are proud that our subsidiaries have convinced such a demanding customer, this demonstrates that the market is now asking for a new generation of solution."

Finally Claude Boivin, President of Lotsys, and Simon Ordish, CEO and founder of LVS, declared jointly: "LVS and Lotsys are excited by this new project and are committed to deliver the best solution to ISBB."