Scout Gaming, the Stockholm-listed fantasy sports firm, has signed a new license agreement with Mexican gaming company Logrand Entertainment Group. Under the terms of the agreement Logrand will offer its customers throughout Mexico access to Scout’s gaming platform.
The deal will enable Scout to have a significant footprint in Mexico. Founded in 2005, Logrand operates 14 casinos in the country, including 6,000 gaming terminals in locations in Cancun, Guadalajara and Monterrey.
“We are very pleased with the agreement, which means that Scout Gaming establishes itself in the Mexican market,” said Scout Gaming CEO, Andreas Ternström. With a population of almost 130 million, Mexico has great potential and we are proud to have been selected by Logrand. Their ambition to provide the best product range is fully in line with our strategy. The deal further strengthens Scout Gaming’s position as the leading global B2B supplier within Fantasy Sports.”
Scout added that the agreement is of strategic importance. “The Mexican market has many similarities with both the United States and the broader Latin American market,” it said in a statement.
Logrand said that it plans to launch fantasy sports via its online brand Strendus in the first half of 2019. Chief Operating Online Officer Lenin Castillo noted: “The alliance with the Scout Gaming Group within Fantasy Sports strengthens our commitment to providing our customers with quality service and a varied entertainment offer. We are confident that we will see a growing number of users and that with this partnership will further strengthen our position as an industry leader.”