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Major Trends In The Global Sports Betting Market In 2022

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The sports betting industry is arguably the most significant in the gambling sector, with about 26% of the world’s population gambling on sports. The rise of this particular industry keeps increasing annually because of its ever-developing nature, with the chance to make money from sports betting becoming relatively expansive.

As the global sports betting market keeps evolving and witnessing new trends, it’s crucial that bettors also update their knowledge about these trends in order to step up their game and continue making money, or risk being left behind, which is detrimental to their chances of hitting the jackpot when wagering on the betting sites available to them.

Sports betting has now transcended placing bets on the outcomes of specific matches. Gamblers need to know that the betting industry is one of the significant contributors to the development of various economies globally due to the massive amount of money it generates. No doubt, it is now serious business. There are several trends currently making waves in the industry that bettors and operators should know to get the best from their endeavors.

Major Trends Shaping the Sports Betting Industry

Several trends are shaping the sports betting industry that every punter and sportsbook operator must get accustomed to. Some of the most noticeable ones are as follows:

  1. Live Broadcasts

Every bettor qualified to bet according to the gambling laws of their land ought to be familiar with live broadcasts, one of the top trends in the global sports betting market in 2022, through which online gambling is deemed to have scaled a new height.

Live broadcasts allow punters to follow different matches on the go — streaming while placing several bet options as the game progresses. Bookmakers keep updating the odds every minute as the bettors keep following the sequence of events.

The live broadcast option is available on all sports events but is more common with soccer betting. Aside from experience being exhilarating, it’s an avenue for bettors to keep making a lot of money until the game ends. Options like “the team to score the next goal,” “the minute,” ”over and under”, and more are available through the live broadcast innovation and should be leveraged by savvy punters.

  1. Digitalization

When sports betting first came into being, you could only walk into any gambling house to stake on an outcome or multiple outcomes. However, this has drastically improved in that every betting platform has now gone digital. Bettors can now play games through their phone by downloading the sportsbook app, be it Androids or iOS, and still effectively and efficiently navigate as though it’s a PC.

Punters can deposit and withdraw without issues, irrespective of their location. You can also cash out your money before the matches are completed, based on the kind of online betting platform you choose. The digitalization of the betting industry also makes it possible for gamblers to bet on computerized teams as though they are real sports players. This also applies to the betting platforms since any sportsbook that refuses to upgrade will be left behind.

  1. Analytics 

Placing a bet on a sport is more technical than you think; it’s considered the mathematics of gambling. Hence, the existence of professional tipsters who analyze every game based on the team’s head-to-head, formation, fatigue, and several other metrics. These statistics and their applications are one of the major trends in the sports gambling industry.

Making money is more challenging than losing it, and the motive of every gambler is to make money. Therefore, the analytics provided on several betting sites are of much importance to bettors as it helps them keep track of the activities of a team and aid when predicting the outcome of matches.

  1. Cryptocurrency

Cryptocurrency is gradually taking over the gambling industry. Several sport gambling companies now enable the use of blockchain technology to make and receive payments because of its seemingly secure and anonymous system.

The use of crypto is common in countries where gambling is illegal, and authorities can trace payments for betting and sanction the players and betting platforms. With cryptocurrency, this risk is averted due to its independent and anonymous features. Gamblers in locations where gambling is legal also prefer it to other means of payment because it offers a more secure, fast, and anonymous payment system.

  1. Mouthwatering Bonuses

The surge in gambling sites means fierce competition in the industry. A recent trend is that several gambling companies tend to attract customers with diverse offers and mouth-watering bonuses to beat the competition and secure a bigger market share.

They go as far as giving out up to 200 percent bonus for new users to in-game bonuses based on accumulated odds which is an ample opportunity for punters to hit the jackpot and make a fortune.

  1. Virtual Bets

Virtual sports, otherwise known as esports, are gradually gaining ground in the gambling space. The latest trend is the use of computerized players to engage in competition while gamblers wager their money on the matches.

The unpredictability of the events, not minding which team is best, is one of its greatest strengths — winning hinges primarily on luck because all teams are computerized and seen as equal. The games are also decided faster than the normal sports matches, which means you can become a millionaire in the blink of an eye or vice versa if you don’t gamble responsibly.

Conclusion

It’s one thing to know about trends, and it’s another thing to maximize them. This article informs you about the trends in the sports betting market and how to use them to your advantage as the gambling industry evolves.

Punters and betting platforms must keep up with the trends to succeed and remain relevant in the ever-changing sports betting industry. Staking your money on sports is quite different from other types of gambling, where you may be responsible for your own luck most times. Here, you count on others to succeed. Therefore, it’s imperative that you’re constantly updated about the dynamic trends in the industry to stay afloat.

Gaming

Midjiwan opens Stockholm’s first co-working space for game developers

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Midjiwan, the award-winning independent studio behind The Battle of Polytopia, today announces the opening of Game Town, Stockholm’s first coworking space for game developers.

In addition to being a new home for Midjiwan, Game Town will also serve as a base for Toppluva AB, the makers of Grand Mountain Adventure; Warm Kitten AB, the developers behind Justin Wack and the Big Time Hack; Gro Play AB, a studio creating educational games; and Dataspelsbranschen, Sweden’s trade association for video game companies. More game development companies are expected to join over the next few months.

The Swedish games industry, including subsidiaries abroad, generated SEK 86.5 billion (USD $7.9 billion) in 2022, according to a Dataspelsbranschen report. Gaming is a strong growth industry, accounting for over 4 percent of Sweden’s total service exports. Game Town will become a creative, innovative, and social meeting place, further solidifying Stockholm as a key games industry hub with industry meetups, mixers, and game showcases hosted for indie and AAA developers.

Södermalm, the Stockholm island where Game Town is located, has one of the highest concentrations of game developers. The nearby areas constitute a cluster for companies within game development, housing among others Paradox, DICE, Fatshark, and Epic Games.

Christian Lövstedt, General Manager at Midjiwan, commented:

“Game Town will become a professional and playful environment for smaller game studios that want to work and develop among other developers. We’re looking to create a community of people who share our same passion for gaming and game development. Game Town will bring together indie developers and freelancers to create an open and welcoming place for the entire industry to gather.”

Per Strömbäck, Chairman of Dataspelsbranschen.

“Within a kilometer radius of Södermalm, there are at least 3,000 game developers, making it perhaps the most densely populated place for game developers in the world. Here, games are created for billions of players worldwide. Perhaps there is something in the Earth’s magnetic field that makes local games particularly good? Game Town will be located right in the middle of this hub, so it is only right that our own office should be right here.”

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Gaming

Metaverse Studio Karta Reaches Huge Milestone with New Game Beat Builder

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Karta pushes the boundaries of music game innovation with Built Builder on Fortnite – reaching 100k players

  • Beat Builder is Fortnite’s first-ever build-based rhythm game
  • Karta partners with NoCopyrightSounds for the game’s music library
  • Two new big songs just added: Royalty by Egzod & Maestro Chives and Invincible by Deaf Kev

Karta, an award-winning metaverse studio pioneering the world of in-game experiential marketing, continues to push the boundaries of music game innovation as its latest project, Beat Builder, reaches 100,000 players.

Beat Builder is an interactive music rhythm game where players put down walls, ramps, floors and cones to the beat of the music. Centred on building a core Fortnite gameplay feature used in its very popular Battle Royal, Beat Builder is the first-ever build-based rhythm game on the platform. As well as being a music-filled experience played for fun, the game is also used as a practice tool for players to improve their game-playing skills on Fortnite.

To create the game’s eclectic music library, Karta has partnered with NoCopyrightSounds, a copyright-free record label and music platform. Focusing on drumstep, phonk and trap electronic music for now, with artists such as Twisted, if found, XTOM and Lost Sky, players interact with the stems of each song that have their own visual world to match the vibe. Karta aims to develop the game further, updating it with a plethora of new music and genres such as metal, K-pop and rock. The long-term aim of Beat Builder is to integrate artists into Fortnite to share their music with fans, with the game becoming a recognised platform for exploring new artists and music.

Reaching 100,000 players is a significant milestone for a new metaverse game with Beat Builder continuing to grow in popularity since its launch recently. To mark the milestone, Karta has updated the game with two of NCS biggest songs; Royalty by Egzod & Maestro Chives and Invincible by Deaf Kev and is already planning further extensions, partnerships and new seasons.

“We’re thrilled that Beat Builder has gotten off to such a great start,” the Chief Executive Officer for Karta, Erik Londre, said. “We wanted to create a rhythm game that felt 100% Fortnite native, where the music is connected to the platform’s core building gameplay. A rhythm game that makes you a better gamer is an idea that excites us a lot.”

“Beat Builder truly encapsulates what Karta is all about; innovative and forward-thinking design that combines incredible music with interactive gaming in one entertaining place,” the Chief Growth Officer for Karta, Tony Barnes, said. “Music’s presence in the metaverse is evolving and we think Beat Builder has the potential to become its own platform for artists and brands to authentically connect to a Fortnite audience through gameplay and new music. We can’t wait to develop it and see how it grows.”

Since launching in 2021, Karta has worked with brands such as Amazon Music, McDonald’s and Hugo Boss. As well as working with Spotify on its iconic global campaign, Spotify Wrapped, to gamify the listening habits of Spotify users and bring this into the metaverse. Through these partnerships, Karta is reshaping entertainment experiences in the metaverse and creating meaningful connections between brands and their audiences. In the past year, the London-based studio has also worked with global artists like Nicki Minaj for her Gag City experience in Roblox, K-pop giant Blackpink with its hugely popular Blackpink the Palace and Twice with its Twice Square, which has become the most successful persistent music experience on Roblox.

“We’re very happy to provide the music for Beat Builder, a brilliant new game that gives players the chance to interact with the music like never before,” the Brand Manager for NCS, Charlotte Lee, said. “It has the potential to become a go-to platform for music gaming and we’re proud to support it.”

Beat Builder is available now to explore on Fortnite. For more information, go to www. Karta. game.

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eSports

Denis ‘electroNic’ Sharipov is a New Virtus.pro Player

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Denis ‘electroNic’ Sharipov (pictured), one of the most decorated and famous players in CS2, a Major champion and winner of the Intel Grand Slam, is moving to Virtus.pro.

“The arrival of star players always generates excitement within the club and among its fans,” the Chief Executive Officer for Virtus.pro, Nikolai Petrossian, said. “Denis is a well-known figure in the world of eSports with an impressive list of major victories and exceptional skill. Few players won both at Major and Intel Grand Slam events.

“Our CS2 roster is strong thanks to teamwork, a clearly defined playstyle and the individual talents of our players. Transferring players with outstanding skills to improve specific areas is a common practice in sports. I am confident that Denis joining will give a powerful boost to the team in the upcoming challenges in Dallas, London and beyond.

“Denis will replace Nikolay ‘mir’ Bityukov in the VP lineup. Nikolay has been a loyal and valuable member of our team and we express our gratitude for his contributions. Nikolay ‘mir’ Bityukov is open to offers from other teams.”

“Virtus.pro is a top team,” Sharipov said. “The core of the roster has won a Major not a while ago and all the players are in their prime and ready for victories right now. We share the same ambitions and goals. Besides, I’m also excited about the idea of playing with Jame as he’s one of the most unique IGLs in the game. Can’t wait to adapt to my new team and start doing what I came here for, winning trophies.”

Sharipov has dozens of victories at elite tournaments, including:

  • PGL Major Stockholm 2021
  • Intel Grand Slam Season 3
  • BLAST Premier: Global Final 2020
  • IEM XVI – Cologne
  • EPL Season 14
  • BLAST Premier: World Final 2021

In addition, Sharipov was among the top-ten best players of the year by HLTV four times.

Updated Virtus.pro CS:GO roster:

  • Dzhami ‘Jame’ Ali (captain)
  • Evgeny ‘FL1T’ Lebedev
  • David ‘n0rb3r7’ Daniyelyan
  • Petr ‘fame’ Bolyshev
  • Denis ‘electroNic’ Sharipov
  • Dastan ‘dastan’ Akbayev (coach)
  • Pavel ‘PASHANOJ’ Legostaev (analyst)
  • Nikolay ‘mir’ Bityukov (substitute)
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