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Skybook Adds LiveHive NanoGaming Solution

28 Jul 2006

WATERLOO, Ontario – (PRESS RELEASE) -– LiveHive Systems today announced that Skybook is enhancing its current in-game betting offering with the LiveHive NanoGaming Solution in time for the 2006 National Football League (NFL) season.

Last season, Skybook rolled out a competitive in-game betting product to its customers and found that bettors were thoroughly captivated by the ability to wager on every play. By upgrading to the LiveHive solution, Skybook will be launching the next generation of NanoGaming that provides faster odds generation and longer betting windows with no software downloads required, resulting in a better overall wagering experience.

"At Skybook we quickly realized the power of in-game betting during last year's NFL season and thoroughly believe that NanoGaming is the next phase in sports wagering," said Keith Anderson, General Manager, Skybook. "The LiveHive NanoGaming Solution is the only system that can manage the complexities associated with instant odds generation, short betting windows and over 400 betting opportunities per game."

The LiveHive NanoGaming Solution is a complete turnkey system that enables online sportsbooks to offer smaller and frequent "NanoWagering" opportunities to their customers as the action is taking place during any live sporting event, reality TV show, or live broadcast such as award shows or elections. Online sportsbooks are deploying the product now for the NFL season. NCAA Football, NCAA and NBA Basketball, European Soccer, ATP Tennis, and Major League Baseball games will be offered over the coming months.

This spring, customers enjoyed placing NanoWagers during the Survivor reality TV series. This year, NanoGaming will be offered on a number of other Reality TV programs including: American Idol, The Apprentice, Big Brother, and The Bachelor.

HivePoint, a wholly owned subsidiary of LiveHive Systems will be launching its Speed of Sport website, a NanoGaming play for fun site in time for the NFL preseason. Says Dave Bullock, President, LiveHive Systems, "Speed of Sport provides sports enthusiasts with a fun, free way to play along as the action unfolds."

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