Latest News
Unlocking microbetting in live sports with AI – OSAI is the first to bring quick bets on low-level events to table tennis
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OSAI is the first company to overcome one of the main challenge in sports microbetting – and bring quick bets on low-level events to table tennis. OSAI pioneers the space with its Quick Bets solution, which merges sports betting and casino formats. It unlocks new markets on low level events with odds and coefficients being traded automatically. Starting with table tennis and then expanding to other sports for which OSAI products are available.
The unique technology offers a risk-free way to test new markets, tap into new GGRs and increase sports betting revenues.
Microbetting is one of the main industry trends. Its main value is in the lucrative proposition of opening new GGRs with fast markets, many of which are connected to low-level events. In live sports, microbetting has a big technical challenge – sports betting data feeds typically donât contain smaller events, due to the challenge of capturing them by traditional data scouts.
OSAI launched a new product – Quick Bets – that opens up microbetting on low-level events in table tennis for the first time. The solution is built on AI data scout, which has been in operation for years. The company has been perfecting AI data scout on hundreds of thousands of games until it ensures the data latency of ~18ms.
AI data scout collects accurate data on all game events, including low-level events like error type, ball speed, player position, bounce coordinates, and more. OSAI uses this data to build custom odds algorithms, that take into account the performance of a particular player and the tournamentâs dynamics. The technology takes both historical and real-time data to produce coefficients for players and the tournament. Mathematical models in OSAIâs Autotrading were built on over 70,000 matches, analyzing ~500 data points every second.
The coefficients are adjusted in real-time based on the performance, common errors, rally duration, etc. This ensures the fair calculation of odds. And opens new fast markets, that are contextual, fair, and fun to bet on.
Today, OSAI offers 4 markets on Quick Bets: number of bounces in a rally, the last player to strike, winning side of the table, and error type. The company plans to expand its portfolio, adding more fast markets.
Quick Bets are available as a widget that is installed on a betting operatorâs website or mobile app. It comes with a customizable interface and a back office to adjust the margins and monitor coefficients.
It is available on a revenue-sharing basis to tournaments and betting operators who purchased OSAI AI data scout.
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About OSAI:
OSAI is a Cyprus-based tech company that digitizes sports in real-time using AI/ML, and Computer Vision. Based on cutting-edge computer vision technology, OSAI developed a full suite of solutions to serve clubs, leagues, federations, and betting operators around the world.
OSAI analyses the video feed with AI and Computer vision to gather accurate, real-time data after each frame. It then analyzes it to convert raw data into actionable insights and unlock several product offerings including AI data scout, real-time Mixed Reality, High-Performance analytics, and, most recently, Quick Bets. OSAI ecosystem of game-changing products optimizes costs of data capture, reduces the complexities of virtual production of live content, and opens new revenue streams in sponsorship & betting.
Learn more: https://osai.ai/ and follow on Twitter, Youtube and LinkedIn.
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Win tickets to the BLAST Premier Fall Final: GG.BET is running a MEGA BLAST Competition for fans of ĐĄS2
![](https://europeangaming.eu/portal/wp-content/uploads/2024/07/fvfdgsadgareabvaaa.jpg)
From 26 July, all GG.BET users can get involved in the new MEGA BLAST Competition with a âŹ10,000 prize fund. The winner will receive two tickets to the BLAST Premier Fall Final CS2 tournament, taking place from 27-29 September in Copenhagen. To enter, you need to place bets on Counter-Strike 2 matches.
BLAST Premier Fall is a major series of Counter-Strike 2 tournaments which draws in millions of viewers from all over the world every year. The series consists of three stages: Groups, Showdown, and Finals. The Groups stage sees 16 Tier-1 teams duke it out. Only 6 of these can go on to compete in the final, while the rest will battle it out in the Fall Showdown for two additional spots in the final. BLAST Premier Fall Finals will be the concluding stage of the Fall series, and fans can look forward to electrifying action, heart-stopping twists and turns, and an epic $425,000 prize fund.
From 26 July to 4 August, as the Groups stage rages on, GG.BET will be holding its MEGA BLAST Competition. The winner will get their hands on two tickets to attend every day of the BLAST Premier Fall Finals. As well as these tickets, the bookmaker is also giving away a whopping âŹ10,000 prize fund to the top 40 participants in the MEGA BLAST Competition.
How to take part in the MEGA BLAST Competition:
- Register an account with GG.BET or log in to an existing account.
- Go to the tournament page and press âParticipateâ.
- Place bets on Counter-Strike 2 matches. Every bet you place will earn you a certain number of points, based on the odds.
- Rack up points, keep an eye on the leaderboard, and wait for your winnings to roll in.
Bet on your favorites and get ready for some unforgettable fun! Head over to GG.BET right now so you donât miss your chance to enjoy a festival of Counter-Strike action in Copenhagen.
Latest News
MANCHESTER CITY TO MARK GLOBAL PARTNERSHIP WITH SUPER GROUP-OWNED BETWAY AT THE NEW YORK STOCK EXCHANGE
![](https://europeangaming.eu/portal/wp-content/uploads/2024/07/mcyjksadljoisajdasndkl.jpg)
Manchester City has today announced a new multi-year partnership with leading global online betting and gaming brand, Betway.
As part of the clubâs pre-season tour of the United States, and to mark this significant deal, leading figures from Manchester City and Super Group will be on-site for the iconic NYSE bell-ringing ceremony later today. Ferran Soriano, CEO of City Football Group, along with Neal Menashe, Super Group CEO, will ring The Opening Bell at 9:30am EDT.
The agreement will see Betway become the clubâs Official Global Betting Partner from the start of the 2024/25 season, as Manchester City joins the brandâs extensive sports sponsorship portfolio which includes teams from across the Premier League, La Liga, NBA and more.
Ferran Soriano, City Football Group CEO, said: âWe are pleased to announce Betway as our Official Global Betting Partner today. As a globally recognised brand, Betway has a strong pedigree and history of working with high-profile brands within the sports space and weâre excited to work together throughout the partnership.â
Super Group CEO, Neal Menashe, commented: âWe are absolutely delighted to become Manchester Cityâs Official Global Betting Partner. This agreement cements our place in the top tier of Premier League partners, ensuring that our Betway brand reaches fans in all corners of the globe.â
Throughout the duration of the partnership, Manchester City and Betway will collaborate on a number of activations and exclusive content opportunities, in addition to the brand featuring across digital and in-stadia assets.
Manchester City and Betway will also work together to provide all players, coaches, management and staff in-depth, industry leading training on all relevant codes of conduct relating to betting integrity and responsible gambling. This is in addition to the work Manchester City already does to support players and staff in this area.
The Opening Bell ceremony can be viewed live.
Compliance Updates
Acquiring a Curacao Online Gaming License in 2024: Comprehensive Analysis of Financial & Procedural Aspects with Costs & Timelines Detailed
![](https://europeangaming.eu/portal/wp-content/uploads/2024/07/curacaduioapdj.jpg)
The “Acquiring a Curacao Online Gaming License, 2024: Comprehensive Analysis of Financial & Procedural Aspects with Costs & Timelines Detailed” report has been added to ResearchAndMarkets.com’s offering.
This report includes valuable insights into the financial and procedural aspects, including detailed information on costs and timelines associated with acquiring a Curacao license.
In 2023, Curacao introduced the “Landsverordening op de kansspelen” (Ordinance on Games of Chance) to modernize and regulate gambling legislation. Since March 2020, the Gambling Control Board (GCB) has been authorized to regulate offshore gambling games and oversee the issuance of Curacao licenses. As of 2023, there are 16 companies providing legal services for registration and licensing in the territory of Curacao. The license fee, as per GCB regulations, is 36,000 ANG or 19,800 USD, payable upon license issuance.
Research Timeline and Data Relevance
The research was conducted in two stages. The first stage, studying the regulator and Open Data Search, took place in December 2023. The second stage, writing the report and partially updating the data from the first stage, took place from the end of April to the end of May 2024.
Goals and Objectives
- Describe the information about the Curacao license and the issuing regulator.
- Describe the requirements and conditions for obtaining a Curacao license.
- Describe the costs and timelines for obtaining a Curacao license.
- Briefly study the market, find and suggest the following lists:
- Legal companies offering services for company registration and obtaining a Curacao license;
- Communication agents and integrators working with the Curacao license;
- Suppliers and vendors working with the Curacao license;
- Payment systems working with the Curacao license.
Key Topics Covered:
1. Goals and Objectives
2. Research Timeline and Data Relevance
- Document Markup
- Raw and Combined Data
- Terms & Glossary
3. General Information
- The Regulator
- Registration of Operators With Sublicense
- Application for an Online Gaming License
4. Requirements and Conditions for Obtaining a License
License Conditions
- General Prohibitions
- Safe and Secure Environment
- Equipment and Application Software
- Player Registration
- Payment Transactions
- Games
- Terms of Use
- Resolution of Complaints
- Administrative Responsibilities
- Publicly Available Information
- Reports
- Policies and Procedures
- Suspension and Revocation of License
- Additional Conditions
- Supervision
Recommendations or Minimum Requirements for the Business Plan
5. The Cost of the License
6. Decision Term and the Validity of the License
7. Application Method and Forms
8. Contact Information
9. Companies for Registration and Licensing
10. Integration Companies
11. Suppliers and Vendors
12. Payment Systems
13. META
14. Appendix: Terms & Glossary
For more information about this report visit researchandmarkets.com/r/izeo6g
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