Connect with us
SIS

Latest News

Sportradar white paper explores monetisation of OTT and data

Vlad Poptamas

Published

on

Reading Time: < 1 minute

 

Sportradar, the leading provider of sports data intelligence, has launched the first in a series of white papers designed to inform sports rights holders and content owners on how they can successfully leverage and monetise their digital ecosystem.

With the rise of video and the ever-increasing use of multiple devices, The Monetisation of OTT and Data highlights the importance of providing data-driven quality content to engage with sports fans and enhance the user experience as well as how insights can ensure rights holders make informed decisions.

Featuring comment and analysis from industry-leading figures and organisations, the paper explores relationship building to offer personalised experiences, the different options for monetisation and how data is the key element that underpins any successful strategy.

Other key takeaway points include:

–          The importance of establishing data-based streaming strategies to tell stories to fans or find the right formula for monetisation based on the various options available.

–          The need to understand fans and their consumption habits in order to serve them with the right content, on the right platform, at the right time using data-driven insights.

–          How to continuously analyse and optimise multiple revenue streams to unlock the full potential of the digital ecosystem.

Felix Blank, Director of Digital Platforms at Sportradar, said: “This is the first in a series of white papers that we will publish to help sports rights holders ensure they maximise user engagement and unlock the full commercial potential with their OTT offering.

“We want to help establish an evidence and data-based streaming strategy to tell stories to fans who can engage on the various different platforms and devices now at their disposal.”

Central Europe

Polish Bookmakers Association Calls for Government Help

Niji Narayan

Published

on

Polish Bookmakers Association Calls for Government Help
Reading Time: < 1 minute

 

The Employers and Employees of the Bookmakers Companies Association in Poland have called for government help to avoid significant job losses as a result of the coronavirus pandemic.

The association said it has seen the number of bets placed drop by around 60% due to the cancellation of sports across the globe. This decline is particularly after the retail bookmakers in Poland closed from 14 March.

As a result, bookmakers have seen customer spending disappear, meaning they are losing money, with no way to mitigate the shut-down.

The association said this would result in efforts to reduce fixed costs, including mass redundancies, with many operators now facing bankruptcy. The situation could result in most of the 5000 staff employed in betting shops, not to mention head office staff, risk losing their jobs, it warned.

The regulated Polish gambling industry has an annual turnover estimated at PLN7bn, of which at least PLN820m goes to the state through gambling and lottery taxes.

To avoid job losses and protect the state’s tax revenue, the association urged the Polish government to reduce gambling tax rates from 12% to 10% of turnover at least until August this year. The association also asked the government to delay the deadline for paying these taxes to September.

Continue Reading

Gambling in the USA

GAN’s Online Gambling Revenue in Pennsylvania Rises in February 2020

Niji Narayan

Published

on

GAN’s Online Gambling Revenue in Pennsylvania Rises in February 2020
Reading Time: < 1 minute

 

GAN plc has updated the market following the publication of Internet gaming and Internet sports betting financial information for the calendar month of February 2020 in Pennsylvania, by the Pennsylvania Gaming Control Board (PGCB).

Internet Gaming Win was $19.5 million in February, reflecting an increase of 39.6% from the prior sequential month. Total Internet Sports Wagering Handle was approximately $294.1 million in February, compared to $308.6 million in January. Internet Sports Wagering Gross Revenues (after payouts) for the month of February were $10.8 million, compared to$26.7 million in January.

Internet Sports Wagering Gross Revenues may vary from month to month due to the payouts for future events occurring months after the original wager was made and unredeemed winning wagers from prior months will become deductible upon redemption in future months.

Continue Reading

Asia

Suncity Group Announces Delay to Launch of Hoiana Casino Resort

Niji Narayan

Published

on

Suncity Group Announces Delay to Launch of Hoiana Casino Resort
Reading Time: < 1 minute

 

Suncity Group has announced the postponement of the launch of its Hoiana casino resort in Vietnam due to the ongoing coronavirus crisis.

In a press release, Alvin Chau Cheok Wa, chairman of Suncity Group Holdings, said: “In summer 2020, we will unveil Hoiana Phase 1 for the first time ever in an exclusive preview, with the grand opening now scheduled in 2021.”

He said the new timeline for the opening of the Hoiana casino resort’s first phase was “a consequence of the uncertainties” brought on by the COVID-19 crisis.

“Suncity’s investment in Vietnam is intended to stay for a very long time,” he said.

Suncity is one of the investors in the Hoiana casino scheme and according to previous filing the group’s listed business is to handle casino operations there.

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.