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Risky Business: Betinvest pushes for industry to embrace Risk Management
“It’s impossible to be engaged in the betting business without taking risks – without risks there are no rewards,” is how Max Dubossarsky, COO at Betinvest, sees the unique potential of the industry but believes the key to turning those rewards into true success, is to master control.
Betinvest, the award-winning international gaming solutions provider, is renowned for developing the latest technological products and solutions in betting but it has also become widely recognised for its position as a reliable industry leader delivering insight and expertise on how operators can achieve success in gaming. Currently the company is focusing on the importance of Risk Management, something which Dubossarsky believes is essential to anyone entering this business. “A unique feature of the betting business is the unavoidable presence of a vast range of risk levels,” he explained. “Without risks there are no rewards thus, the art of risk management is not in the elimination of risk, since that would also mean the elimination of rewards, but rather in controlling them. Misjudging risks is costly for bookmakers: not only are there financial losses, but the company can also have its reputation tarnished, lose valuable employees and see top managers fired. Also, as a possible finale, the company could end up bankrupt and completely lose its market share.”
For sector’s like Sports Betting, revenue can depend upon operators’ ability to manage risk along with creating an Optimal Player Experience, Betinvest is currently working with its clients to augment the these traits. Dubossarsky said: “We have developed and successfully implemented a whole range of procedures, software products and tools to enable us to quickly identify dishonest players and take action promptly 24/7. Our tools and risk algorithms enable companies to effectively combat multi-accounting, bonus hunting, arbitrage betting, bets placed as a result of courtsiding, middles and bets placed on rigged matches.”
He added: “We use a statistical analysis system which enables us to perform an in-depth analysis of financial outcomes over any time period (day, month, quarter, year) and from all possible angles, as well as to estimate profitability in advance. Where necessary, we can analyse any player or group of players, and the performance of any sport (on any live/pre-match service) right down to a specific tournament or even a match.”
According to the company, the selection above is far from being a comprehensive list of the tools and options available for risk management whether through Betinvest or one of its competitors. However, according to Dubossarsky, a combination of various tools and analysis methods will yield the best results when it comes to managing risks, forming predictions and minimising financial losses.
When questioned on best practice for operators in regards to where to focus Risk Management on within their business, Dubossarsky believes the key is understanding both the data behind big customers and studying the bets of unprofitable players. “It requires a systematic approach,” he said. “Simply placing limits on high-risk players will not lead to a successful, profitable business. Instead, you need to take an approach that combines risk reduction with a variety of promotions and retention campaigns for players who make high deposits. Working with high-risk players doesn’t affect any other groups of players. Using segmentation means that we can group players according to the level of risk they present, and then set different limits for each different group of players. In order for a business to grow, you need to pay attention to your profitable players and react to risks quickly to avoid losses.”
In recent months, the brand’s team of experts has been focused on how Betinvest can offer its partners a complete set of software products and tools, as well as round-the-clock technical support, ensuring complete control over the risks involved in this line of work and, as a result, increase their profits.
“Any operator with a large customer base will be constantly faced with the need to minimise the risks associated with betting in order to optimise their profits,” continued Dubossarsky. Therefore, a constantly evolving risk management system is required. Risk can be manipulated by developing and implementing various procedures which compensate for current or upcoming risks, as well as reducing and avoiding them. This entails constantly analysing and adjusting the sportsbook to ensure that it is viable and corresponds to international standards and sources, working with higher-risk players, and running marketing campaigns and promotions.”
eSports
TEAM VITALITY UNVEILS A SPECIAL EDITION JERSEY AND NEW CAMPAIGN FOR PERFECT WORLD SHANGHAI MAJOR 2024
- Leading global esports organization Team Vitality heads to China for the Perfect World Shanghai Major 2024, fueled by the ambition to reclaim their place at the top as the world’s best CS2 team.
- The team will proudly debut the club’s Shanghai Major Limited Edition White Fan Jersey from the Qualification Stage (RMR) onward. Designed in collaboration with Paris-based contemporary artist Nairone, this special edition jersey pays tribute to Counter-Strike and Team Vitality’s dedicated Chinese fanbase.
- For the occasion, Team Vitality is proud to present a new campaign titled “The Year of Vitality”.
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Global esports leader Team Vitality proudly announces its participation in the Perfect World Shanghai Major 2024. As one of the most competitive teams in the international esports circuit, Team Vitality is set to make a powerful impact in Shanghai in what promises to be a thrilling tournament.
With anticipation building for this pivotal event in a country full of dedicated Counter-Strike fans, the club will be unveiling a new campaign on its Chinese social media accounts named “The Year of Vitality” This tribute to Chinese culture also underscores the team’s determination to secure a back-to-back victory, solidifying its global dominance.
ALL EYES ON THE TROPHY
Team Vitality’s CS2 roster has consistently delivered strong performances over the past two years, capped by their recent win at Intel Extreme Masters (IEM) Cologne 2024. Having claimed the World Champion title at the BLAST Premier World Finals in 2023 and secured an iconic victory at the BLAST.TV Paris Major, the team has firmly established itself as one of the most dominant forces in competitive CS2. After a conclusive 3-0 qualification at the RMR in Shanghai, Team Vitality is set to reinforce its status on the world stage.
Team Vitality’s dedication to competitive excellence since entering the scene in 2018 has been instrumental in shaping the modern Counter-Strike era. With legends like ZywOo, crowned HLTV’s best player in 2019, 2020, and 2023, and apEx, a seasoned pro with over a decade in the game, the team has set new industry standards in skill, dedication, and leadership. Building on this momentum, Team Vitality is poised to leave a lasting legacy in esports and proudly represent France in Shanghai.
“We are thrilled to compete at the Shanghai Major and showcase the team’s hard work against the best teams globally,” says Fabien ‘Neo’ Devide, Chairman and Co-founder of Team Vitality. “Growing our global presence and supporting both players and our worldwide community remains a top priority. We’re especially excited for zywOo to deliver a stellar performance in front of our Chinese fans. I am incredibly proud of the team and can’t wait to see them on the big stage with our fans in China!”
GEARED UP FOR VICTORY WITH SHANGHAI EDITION OF THE ALTERNATE JERSEY
Team Vitality players will debut a special edition of their newly released Alternate Jersey on the stage, created exclusively for the Shanghai Major. This limited edition features a prominent “V” on the back, with design elements that pay homage to Counter-Strike, Shanghai, and the wider Chinese fanbase. The club released the exclusive jersey in a dedicated video that includes Chinese references, graphics and design.
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Crafted in collaboration with Paris-based contemporary artist Nairone, known for his striking black-and-white contrast style, the jersey blends modern streetwear aesthetics with esports flair, making it a standout choice for both fans and players. Team Vitality’s PERFECT video showcases how the 2024 Alternate Jersey can be styled, featuring star players and brand ambassadors, underscoring its unique place in both the fashion and esports worlds.
Available for purchase only online, this special version of the alternate jersey is limited to 150 pieces and costs 89,99€.
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TEAM VITALITY UNVEILS ITS NEW CAMPAIGN “THE YEAR OF VITALITY”
Team Vitality is excited to launch “The Year of Vitality,” a campaign celebrating Chinese culture and dedicated to Counter-Strike fans across China. This initiative reflects the team’s relentless pursuit of back-to-back victories on the world stage.
As China hosts this year’s Major, Team Vitality has chosen the dragon—a powerful symbol of ambition and determination—as the emblem of its campaign, representing the team’s commitment to overcoming challenges and dominating the competition. Each campaign visual draws inspiration from Chinese iconography, bringing the Counter-Strike team into this vibrant, culturally rich world.
In a tribute to Chinese tradition, the campaign combines gold and red to signify not only the country’s national colors but also the passion, energy, and unyielding drive to win. The design aims to honor Chinese fans’ enthusiasm and capture their hearts as Team Vitality battles to bring home another title.
Join us online to get behind-the-scenes content, exclusive updates, and the chance to celebrate each milestone with the team as they strive to secure their place at the top!
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- More information:
- Team Vitality website
- PR Contact:
- SwipeRight agency – [email protected]
- Team Vitality – [email protected]
Saroca Reimagines Leadership Development for the Gaming Industry
Saroca, a leader in professional development for the gaming industry, is proud to announce its Transformational Leadership Program, launching February 2025. Building on the success of the 2024 LeadHERship Program—a pioneering initiative for women in gaming—the new program expands its reach with two distinct cohorts: one exclusively for women and another open to all genders.
The Legacy of LeadHERship
The 2024 LeadHERship Program achieved an exceptional Net Promoter Score (NPS) of 90, with participants citing transformative growth. With participants like Clemence Dujardin citing it as a “game-changer”. Confidence in leadership abilities rose by 46%, resilience increased by 27%, and imposter syndrome diminished by 39%.
Participants praised the program’s focus on emotional resilience, feedback mastery, executive presence and communication all in a supportive community.
Leadership Development: A Game-Changer for Gaming
In a rapidly evolving and diversifying industry, strong leadership is essential. Saroca’s programs go beyond skill-building to foster resilience, trust, and inclusivity—key traits for thriving in the global gaming market.
“We believe leadership is not about hierarchy—it’s about transformation,” said Emily Leeb, CEO of Saroca. “The Transformational Leadership Program reflects our commitment to cultivating leaders who will shape the future of gaming.”
Transformational Leadership Program Highlights
The program builds on the proven curriculum of its predecessor, featuring:
- Two Cohorts: A women-only cohort and a new all-gender cohort to enrich perspectives.
- Eight Modules: Covering topics such as emotional intelligence, self-advocacy, and radical candor.
- Community and Growth Tracking: Strengthening connections and measuring individual progress.
Registration Now Open
The Transformational Leadership Program begins in February 2025, with limited spots available. Scholarships are also offered to ensure accessibility. For more information, visit Saroca’s website or contact [email protected].
About Saroca
Saroca is a leader in leadership development for the gaming industry, committed to empowering professionals through inclusive, high-impact programs that drive personal and professional growth.
Play’n GO, the world’s leading casino entertainment provider, has today announced a partnership with Austrian state lottery operator Win2Day.
This partnership sees legendary titles from the Swedish-founded gaming giant, such as Reactoonz, Rise of Olympus, and Rich Wilde and the Tome of Madness live on Win2Day’s platform for players to enjoy.
As of November 2024, Play’n GO offers a portfolio of over 350 premium titles in over 30 jurisdictions worldwide.
Tove Aldefors, Head of Regional Sales Central and Western Europe at Play’n GO, said “It’s exciting to launch our games with the Austrian state lottery, and Win2Day are the perfect partner for our brand. They share our beliefs about a regulated, sustainable, player entertainment-led industry. We’re looking forward to many years of success working together.”
Georg Wawer, Managing Director win2day, added “We are the only licensed operator in Austria. Therefore our objective is to provide all major igaming operators on our platform. Play’n GO is one of the international powerhouses and therefore we are delighted to be able to offer their content on our platform. We view Play’n GO as a competent and responsible partner for win2day and we’re confident this partnership will prove fruitful.”
TEAM VITALITY UNVEILS A SPECIAL EDITION JERSEY AND NEW CAMPAIGN FOR PERFECT WORLD SHANGHAI MAJOR 2024
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