Betting platform NYX OpenBet posts exceptional results during the 2017 Grand National
In a monumental showcase of digital prowess, OpenBet, a leading sports betting platform owned by NYX Gaming, has broken its own record during the recent Cheltenham Festival. Last month, the company processed an unprecedented 35,000,000 sports bets, surpassing the number of bets it handled during the 2017 Grand National.
The Grand National and the Cheltenham Festival are significant events in the sports betting industry, with the former being a milestone event for the industry. Matt Davey, CEO of OpenBet, noted that the company managed the Grand National event well, and the Cheltenham Festival performance further underscores OpenBet's capacity to handle high volumes of bets.
During the 2017 Grand National, OpenBet recorded 74 million account transactions, a 22% increase from the previous year. On Saturday, April 8, the Grand National saw 24 million sports bets processed by the OpenBet platform, with approximately 76% of these wagers being made over mobile devices.
In comparison, Matt Davey drew a parallel between OpenBet's peak performance during the Grand National and Amazon's peak transaction rate of 36,000 transactions per minute in 2016. However, specific figures for bets per minute during the Cheltenham Festival and the Grand National were not provided.
Over the four days of the Cheltenham Festival, OpenBet recorded 227,000,000 account transactions, but no information was given about the percentage increase in bets per minute or the percentage of mobile wagers during this event.
It is worth noting that while the record number of sports bets processed by OpenBet during the 2017 Grand National is not widely cited in publicly available data, OpenBet is known for handling very high volumes of bets during major sporting events. If precise figures for the 2017 Grand National are required, checking official NYX Gaming or OpenBet press releases from that period or industry reports might be necessary.
OpenBet, a tech-driven sports betting platform, achieved a significant milestone by processing 35,000,000 sports bets during the recent Cheltenham Festival, surpassing the number of bets it handled during the 2017 Grand National. The performance at the Cheltenham Festival further demonstrates OpenBet's capacity to integrate tech in sports, by managing high volumes of sports bets, similar to Amazon's peak transaction rate of 36,000 transactions per minute in 2016.
