Product & technology Archives - Page 7 of 9

Sports data and analytics company Stats Perform has announced its new live Opta Vision data feeds for the 2022-23 football season, which will deliver a new series of football metrics.

In combining Opta event data with new tracking data, Opta Vision will provide insights to professional teams.

From this the Stats Perform also aims to deliver new storyline opportunities for broadcasters and publishers.

“We are very excited to be introducing the next generation of Opta data to our customers,” said Nancy Hensley, chief product officer at Stats Perform.

“By synchronising event and tracking data and then utilising our AI capabilities to generate enriched insights, we will be empowering performance analysis departments at teams, as well as a broadcaster’s production team, to identify new performance trends and tell great stories of the game.”

The merged data also uses Stat Perform’s Qwinn AI intelligence to generate more data outputs and deliver a more personalised experience to users.
..

June 8, 2022

Scoping out the sports betting market

Sports Betting News Bookiecity

Earlier this week sports data provider Stats Perform and trading and pricing services company Sporting Solutions partnered to form the Betting Innovation Centre (BIC), a concept that aims to roll out B2B betting products to the market.

Shane Gannon, senior vice president of partnerships at Stats Perform, explains how the partnership and the BIC will develop and what opportunities lie ahead.

At its core, the BIC combines the key aspects of Stats Perform’s and Sporting Solutions’ offerings. The partnership sees Stats Perform’s AI and data facets work with Sporting Solutions ’trading and modelling services to produce a baseline that will produce scaled betting products.

“The BIC brings together the content creation, data expertise, front end product delivery capabilities, and the globally recognised Opta brand of Stats Perform with the expertise and heritage of Sporting Solutions trading and modelling,” says Gannon. “We will work in partnership to curate and create new, entertaining p..

May 31, 2022

SIS appoints new heads for racing trading and esports

Sports Betting News Bookiecity

Live betting services provider Sports Information Services (SIS) has appointed Adam Conway as head of competitive gaming and Aiden Tracey as head of racing trading.

Conway moves into his new role having previously served as head of racing trading at SIS and will oversee the full operation of the esports-focused SIS Competitive Gaming division.

SIS said the business unit has been built specifically for sportsbooks, allowing bettors to watch and bet on live broadcasts of head-to-head events between gamers on esports titles such as CS:GO, as well as Ebasketball and Esoccer.

Tracey, who previously served as racing trading manager for SIS, will replace Conway. His new remit will be to continue the development of SIS’ trading offering, while also overseeing risk management for operators of all sizes.

Tracey has been with SIS for five years, starting out as lead horse racing trader. Prior to this, he spent eight years with Sporting Index.

“These new appointments serve to further strengt..

May 31, 2022

Genius Sports appoints former UK Minister to advisory role

Sports Betting News Bookiecity

Genius Sports has appointed former UK Minister for Sport and the London Olympics Sir Hugh Robertson as advisor to the company.

In his role, which he begins with immediate effect, Robertson will work with Genius Sports’ business advisory council, helping to identify strategic development opportunities and utilise his previous experience.

Before his new appointment, Robertson took on the role of Minister of Sport and the London Olympics in 2010. Following this he became Minister of State in the Foreign and Commonwealth Office, where he was responsible for the Middle East, North Africa and counter-terrorism.

Robertson left politics in 2015 and is currently chairman of National Lottery operator Camelot and the British Olympic Association.

“I am delighted to be taking on this new role at Genius Sports and look forward to working with the management team to build a company that is at the forefront of sports data and technology,” he said. “Now more than ever, the capture, analysis and co..

May 18, 2022

US growth helps power Sportradar revenue to €167.9m in Q1

Sports Betting News Bookiecity

Data provider Sportradar’s revenue grew by 30.5% to €167.9m (£142.4m/$186.4m) in Q1 of 2022, as revenue from the US more than doubled while all other segments also experienced double-digit growth.

The United States was responsible for €25.7m of Sportradar’s revenue, more than double the total from Q1 of 2021. Meanwhile, €86.7m came from rest-of-world betting solutions, up 25.1%. The supplier said this growth was “driven primarily by increased sales of higher value-add offerings”, such as managed betting services which increased 51% to €26.4 million and live data and odds services, which increased 16% to €46.8 million.

A further €45.9m, up 16.9%, came from rest-of-world audiovisual products such as live streams, due to increased content from Tennis Australia and the National Hockey League (NHL). Revenue from other segments was up 13.6% to $9.5m.

Sportradar chief executive Carsten Koerl said it was Sportradar’s highest-margin products that had helped to power its growth.

“Our fiscal..

May 17, 2022

BetMakers signs racing and betting solutions deal with Royal Sabah

Sports Betting News Bookiecity

BetMakers has signed a deal with the Royal Sabah Turf Club, which will see the company provide a new tote betting system and content management services to the Tambalang Race Course and associated off-course betting network in Malaysia.

BetMakers will utilise its Global Tote and Global Racing Network systems to meet the terms of the deal.

The five-year agreement will see Global Tote upgrade Royal Sabah’s current tote system to the Quantum Tote solution.

The Quantum Tote solution will be deployed as a software as a service solution and will give Royal Sabah the technical capabilities to distribute races to any racetrack or licensed operator globally.

However, BetMakers will have the global distribution rights to Royal Sabah races within tote and fixed-odds markets.

BetMakers acquired the Global Tote division from Sportech in June 2021.

“Global Tote is very pleased to extend and grow our partnership with Royal Sabah Turf Club,” said Lance Ku, director of sales and business developm..

May 12, 2022

Genius Q1 revenue exceeds targets but stock-based costs mean losses grow

Sports Betting News Bookiecity

Data provider Genius reported Q1 revenue of $85.9m, 59.9% ahead of Q1 of 2021 and 10% above expectations, but stock-based expenses meant its net loss widened almost eightfold.

Betting technology, content and services brought in $49.7m, which was up by 27.4% from Q1 of 2021. The majority of the increase, $7.3m, was due to new customers.

Media technology, content and services experienced the fastest growth, up by 157.3% to $24.1m. This, Genius said, was “primarily driven by the acquisition of new customers in the Americas and Europe primarily for programmatic advertising services, and the inclusion of revenues from recent acquisitions”.

Sports technology and services brought in $12.1m, up 124.0%. Most of this growth was also acquisition-related, with Genius highlighting the acquisition of Second Spectrum.

Looking at a geographical breakdown of revenue, just over half – $44.2m – came from Europe, up 11.3%. The Americas brought in $36.0m, up 246.1%, while revenue from the rest of the w..

May 4, 2022

Feeding the marketing furnace

Sports Betting News Bookiecity

As Q1 results season gets underway, US sportsbook operators are increasingly looking to refine their customer acquisition approaches.

In the US, sports betting is everywhere. Morning commute billboards, YouTube interstitials, TV commercials, influencer posts…marketing channels are saturated with imagery and copy encouraging new bettors to join the fray.

It should be no surprise, considering the ongoing mass expansion of sportsbooks and online betting sites in the US. With every newly regulated market comes new advertising and marketing campaigns.

Ad channels are brimming with attempts to bring sports fans, curious bettors, or other newcomers into the fold. It takes a careful, well-researched touch to succeed in marketing a sports betting site, especially in the piecemeal and sometimes chaotic US geographies with varying regulatory and legal requirements.

By this point, many big-name operators have staked their claim and continue to market to potential long-term customers. There’s s..

May 3, 2022

Mohegan to launch Kambi-powered PlayFallsview sportsbook in Ontario

Sports Betting News Bookiecity

Kambi will provide Mohegan Gaming and Entertainment’s PlayFallsview brand with its online sportsbook technology when it launches in Ontario.

Mohegan will launch a betting and gaming brand in Ontario, named after its Fallsview casino resort. The sportsbook for this brand will be provided by Kambi, featuring its ice hockey and bet builder products.

“The Canadian market, and Ontario in particular, is full of potential for Kambi and our partners so I am pleased to have agreed this partnership with Mohegan and its Fallsview online mobile brand.” Kambi chief executive Kristian Nylén said. “I look forward to the combination of our industry-leading mobile sportsbook and the prominent Fallsview name as together we bring players in Ontario all the excitement of single and in-game wagering along with the unrivalled bet combinability our sportsbook offers.”

Rich Roberts, president of Mohegan Digital for Mohegan Gaming and Entertainment, said he was excited to launch an online product outside of..

April 28, 2022

Churchill Downs revenue hits record $364.1m in Q1

Sports Betting News Bookiecity

Churchill Downs Incorporated (CDI) has opened 2021 with a record-breaking performance over the three months to 31 March.

Group revenue for the first quarter of 2022 increased 12.3% year-on-year to $364.1m (£290.4m/€345.9m), a new record for the business.

Gaming was the top performer over Q1 with revenue of $179.2m, up 16.4% year-on-year, aided by capacity restrictions at its Oxford Casino Hotel in Maine, Flordia’s Calder Casino and Presque Isle in Pennsylvania.

The gaming division is set to expand further through the acquisition of Peninsula Pacific Entertainment, which adds properties in New York, Virginia and Iowa to CDI’s portfolio.

The operator’s advance deposit wagering business Twinspires followed with revenue of $101.4m, down marginally year-on-year, after a decline in horse racing revenue was partially offset by growth from its sport and casino business. That operation is being wound down, however.

CDI’s live and historical horse racing business reported a 34.8% jump in r..

Tag Archives: Product & technology