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SPORTRADAR LAUNCHES VIRTUAL NBA, GROWING PORTFOLIO OF OFFERINGS FOR BETTING OPERATORS

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SPORTRADAR LAUNCHES VIRTUAL NBA, GROWING PORTFOLIO OF OFFERINGS FOR BETTING OPERATORS
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Powered by the Latest AI and Machine Learning Technologies, Virtual NBA to Provide Operators with 3,000 More Engagement Opportunities Per Day

Sportradar, as part of its multiyear partnership with the NBA, today launched Virtual NBA, a computer-generated betting solution that uses the latest artificial intelligence and machine learning technologies to enable gaming operators to increase engagement with the worldā€™s estimated 2.2 billion basketball fans.

The addition of Virtual NBA provides operators with 3,000 games per day, with each contest featuring 12 betting markets. Eight games are available to watch at any one time, meaning gaming operators can offer their customers significant choice and create multiple engagement opportunities. Using actual NBA data to simulate a ā€˜real gameā€™ basketball experience, the solution is available to gaming operators globally in jurisdictions licenced for virtual sports betting.

Frank Wenzig, Managing Director, Gaming at Sportradar said: ā€œVirtual sports betting is growing in popularity with more than 200 million betting tickets accepted across Sportradarā€™s portfolio of virtual betting products so far this year. Through the introduction of Virtual NBA, featuring the names and logos of NBA teams, Sportradar is providing operators with dynamic new basketball content to drive engagement with the sport and provide fans with access to NBA betting markets, even in the off season.ā€

Virtual NBA leverages the full power of Sportradarā€™s historic database, with a team of engineers having processed millions of data points from previously played NBA contests to generate 480,000 unique, ā€˜real gameā€™ basketball simulations resulting in unparalleled realism that puts fans at the heart of the virtual action.

The fan experience is further enhanced by the high-quality game presentation, where hyper-realistic images have been generated through the latest motion capture technology using hundreds of cameras and sensors. Data points from half-a-million games and events, including player positioning and movement, have then been analysed using artificial intelligence and integrated to create the dynamic moves and shots featured in the Virtual NBA product.

Virtual NBA is available to gaming operators via Sportradarā€™s eWallet Remote Game Server, or via the Betradar Unified Odds Feed, allowing for straightforward integration into a clientā€™s current operations.Ā  It follows Virtual Baseball In-Play featuring Major League Baseball (MLB) and Virtual Sports Bundesliga, as well as the recently announced Virtual Cricket In-Play within Sportradarā€™s portfolio of virtual sports offerings.

Gaming

BGAMING DONATES $5,000 TO UKRAINE CHARITY FOLLOWING ICE LONDON PLEDGE

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iGaming content providerĀ BGamingĀ has donated $5,000 to UNITED24, a charity raising money for medical aid and critical needs in Ukraine.

At this yearā€™s ICE London, the fast-growing firm gave visitors the chance to receive merchandise featuring designs by renowned London artist Thumbs.

As an alternative they pledged to give $50 to the charity instead, which more than 70 generous partners opted to take up.

After boosting the final amount,Ā BGamingĀ has now pledged to continue its fundraising drive at IGB Live! Amsterdam, SBC Barcelona, andĀ SiGMAĀ Malta later this year as part of a commitment to ā€˜create positive changeā€™.

UNITED24 was set up by the Ukrainian government to provide a secure platform for donors to raise funds for medical aid, defence and demining and rebuilding Ukraine.

Currently, they are running two medical aid projects which seek to raise money for more urgently needed ambulances in the war-torn country.

At the time of writing, it is estimated more than 8,000 civilians have been killed in the conflict, while more than 13,300 are believed to have been injured.

CatherineĀ Puteiko, CMO ofĀ BGaming,Ā said:Ā ā€œSmall acts of kindness can have a big impact on the world, from caring for others to creating positive change.Ā BGaming’sĀ recent charity initiative at the ICE London exhibition was a shining example of this ethos.

ā€œOur partners had the option to donate to a worthy cause or receive our branded merchandise, and we’re thrilled to share that this simple initiative raised 5000 dollars for victims of war in Ukraine. Let’s continue to think big and act small to make a positive impact on the lives of others!ā€

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Gaming

PRESS STATEMENT OF PAGCOR REGARDING OFFSHORE GAMING OPERATIONS

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Senate Ways and Means Committee Chairman Sherwin Gatchalian presented the chairmanā€™s report which cited that the risks of allowing the continuous operations of offshore gaming operations outweigh their benefits to the country. Citing R.A. No. 11590, he further states that offshore gaming should be shutdown, now that there is no third-party auditor monitoring their income.

The Philippine Amusement and Gaming Corporation (PAGCOR) would like to reiterate its firm commitment to uphold the integrity of the gaming industry in the Philippines, including offshore gaming.

After determination of Global ComRCIā€™s default in its obligations and commission of unlawful acts under R.A. No. 9184, a Notice of Decision to Terminate the Consultancy Contract was served to third-party auditor Global ComRCI on March 9, 2023, effective upon thirty (30) days from receipt thereof.

PAGCOR is now in the process of engaging a capable and reputable third-party auditor who can independently and accurately conduct verification of the offshore gaming licenseesā€™ gross gaming revenues.

Further, PAGCOR reassures the public that to maintain the integrity of regulated gaming in the country, the state-run firm will not hesitate to impose appropriate sanctions or penalties to erring licensees or service providers. We will ensure that all revenues from regulated gaming will continue to support the governmentā€™s nation-building efforts and uplift the lives of Filipinos.

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Gaming

OnAir Entertainmentā„¢: Flexibility of more providers vs. Exclusivity with a single provider

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OnAirĀ Entertainmentā„¢ļø, the go-to live casino games provider, has added their voice to theĀ increasing industry concern regarding the negative impact of exclusivity deals within the live casino space.

There has been a growing discussion around the impact of exclusivity deals on operators and platforms, with OnAir Entertainmentā„¢ believing that one supplier setups create several limitations for operators.Ā Limitations arising from exclusivity push players to find additional options from more diversified live casino offerings.Ā Itā€™s known that players prefer websites with more content choice, allowing them to search for the games they want to play ā€“ player freedom is vital to maximizing cross-sell and therefore increasing platform revenue.

Do exclusivity agreements truly fulfil the promises and needs of the industry? Markets need to change rapidly, adapting to new and more restrictions on operators, which requires sufficient flexibility and creativity.Ā Can an agreement set in stone, determined by a single supplier and based on a rigid commercial model, be flexible to a regulatory landscape that is constantly shifting and help operators to be competitive?

Given the global nature of the biggest operators, multi-supplier deals also mean that they can test out different games across markets and not be forced to stick with one product globally. Less exclusive deals allow operators to be much more agile when operating internationally, as localization needs must not be ignored. A key part of OnAir Entertainmentā€™sā„¢ product offering is the ability to input customizable elements within their digitally branded and localised environments so that operators can reinforce and scale their brand together with OnAir Entertainmentā€™sā„¢ tech. While also using reasonable commercial terms so our operators can test audienceĀ response in branded environments with low risk before committing toĀ more sizeable projects.

There is no doubt that the variety of live casino suppliers continues to grow, causing increased industry competition and that this competition pushes continued innovation within the iGaming industry.Ā  It is this belief in constant innovation that is at the core of all OnAir Entertainmentā€™sā„¢ operations. By continuously developing improvements in UI design, 3D animations, allowing for localization and the incorporation of brandable elements – OnAir Entertainmentā„¢ hopes to increase user engagement and player experience.

Seval Alev Kaya, Director of Business Development at OnAir Entertainmentā„¢, saidĀ ā€œInnovation is at the heart of our operations, and our main priority is to provide maximum flexibility for our clients. Operator differentiation is directly linked to content diversity and harmony. We see that many operators are trying to widen their audience by adding more casino vendors, especially in live casino space in order to reduce the need for a single vendor that comes with unfavourable terms, high costs, and limitations. We are the alternative solution with a service-minded approach, invested in our clientā€™s growth.ā€

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