Gaming platform provider FSB states that its “flair for award-winning technology and company wide growth” has been rewarded, after securing a high rank in this week’s 19th annual Sunday Times Tech Track 100 league table.
The firm, which has stated it expects “comprehensive resolution of those concerns in short order” after responding to a licence review from the UK Gambling Commission, ranked 13th in the list of the UK’s top tech companies.
Grading innovative private firms across technology, media and telecoms in accordance with results for the fastest-growing sales, FSB, which works with in excess of 30 brands, saw gross revenues from gambling activities grow to £24m in 2018.
It was said that the judges were taken with the firms software solutions, generating a progressive year-on-year sales rise of 175 per cent over the past 36 months, which puts the company on the threshold of the UK’s top ten rising stars in this domain.
David McDowell, CEO at FSB, commented: “In addition to building cutting-edge sports betting software, FSB are pioneers in offering fully-managed trading services, which is now the go-to business model in the sector. We are proud to be the only gambling technology business to make it into the ranking this year.
“The quality of our software and services is provably underscored as larger and larger customers continue to migrate to the FSB platform. And we look forward to evolving and enhancing its components over the coming year, enabling our partners to realise their ambitions.”
Powered by live data and real-time pricing algorithms, the firm provides operators – such as Genting Casinos and Fitzdares – with a flexible sportsbook and casino platform for online and mobile, as well as electronic point of sale devices for in-venue use in shops, casinos and racetracks.
FSB recently secured a growth capital investment from Canadian firm Clarivest Group, as it strives to build its UK base and establish its global footprint across emerging markets and into the US.