Press Releases
SportAD wins Best New Game at prestigious 2018 EGR Awards
Startup’s innovative “FastFantasy” games see strong demand and performance in NJ and PA
Philadelphia, PA – June, 2018: SportAD — a Washington DC-based sports gaming startup — has won “Best New Game” at the 2018 EGR North America Awards, for its “FastFantasy” title, a game that combines sports betting formats and payouts with fantasy sports scoring. The early-stage company, which is part of the Verizon/AOL sponsored Fishbowl Labs technology incubator, beat out established heavyweights Scientific Games and online leaders BetConstruct, Ruby Seven and Ezugi, to win the category. FastFantasy, described as “sports betting lite” by reviewers, launched July 2017 into New Jersey’s regulated online gaming market through the company’s partnership with Resorts Digital, and has since expanded to other regulated states.
SportAD focuses on creating games for the “propositions” segment of the wagering market (estimated at more than 20% of the total US betting market). Using raw sports data and the company’s proprietary analytics platform, SportAD creates daily games that enable partners to offer real-money sports contests from the NFL, NBA, MLB, NHL and Soccer using their existing multi-channel gaming platforms, giving customers the ability to play via mobile, online and retail.
SportAD’s games appeal to highly-engaged and casual players alike. Their FastFantasy game, for example, combines popular “Over-Under”, “Matchups” and “Parlay” sports betting formats with fantasy sports scoring to create games that can be played by users quickly while allowing them to enter multiple times. Completing a FastFantasy entry takes less than a minute, providing a much more accessible experience compared to the time-consuming entry process of conventional fantasy sports games.
“It’s great to be recognized for being innovative, especially in an industry that tends to be ‘rinse and repeat’ when it comes to new betting technology,” Joe Brennan Jr., SportAD CEO said. “The opportunity of regulated sports betting in the US is outstanding. While states will use the next couple of years to hit critical mass with legal sports betting, we’re able in the meantime to creating a large, highly-engaged base of players legally through our ability to bridge the betting and fantasy worlds, and build market share ahead of the competition for our partners.”
SportAD’s FastFantasy game first launch in the regulated gaming market came through its partnership with Resorts Casino, offering as their game as the white-label branded “FastPick”, licensed by New Jersey’s casino regulators. The FastPick.com mobile and online sites launched in July 2017. In September 2017, the FastPick game launched within Resorts’ online casino and mobile apps. The game offers real-money parlays on “Player vs Player” and “Over/Under” contests, with wager limits of $10,000 per content and maximum payouts of $100,000 for players. FastPick features all major sports: NFL, NBA, MLB, NHL, top European Soccer and World Cup.
Since its launch, FastPick has performed very well, with an average bet of $24 per entry, and an average hold of 33% of all bets. The game’s natural retention has been excellent, with a 30-60-90-day average of 50%-35%-28% respectively, with less than 7% of deposits cashed out by players.
SportAD was founded in 2015, with offices in Washington DC, Las Vegas and London. The company’s early-stage investors include James Pallotta (Raptor Group, Boston Celtics & AS Roma), Stuart Porter (Denham Capital), John Forlines III and SoundBoard Capital.
Quote from Joe Brennan Jr.: “Our team at SportAD is honored to win ‘Best New Game’ at the 2018 EGR Awards. Our games have successfully tapped the pent-up demand for legal sports games, with formats that knowledgeable players can use to get an edge and win big. Our games let us tap up to 40 state markets today, enabling our partners to build a national audience while the number of states regulating sports wagering continues to expand through the next couple of years. Our ability to create games that bridge both markets and to appeal to players in each provides a huge growth opportunity for SportAD.”
eSports
WEC24: PUBG MOBILE Tournament Concludes with Outstanding Success
The PUBG MOBILE tournament at WEC24 has officially wrapped up, delivering three days of competition that exceeded all expectations. With 10 out of 16 teams securing Chicken Dinners throughout the tournament, every map brought its own excitement, with the final rounds determining the champions and medal placements. We saw impressive viewership numbers with 776,454 unique viewers achieving 89,675 hours watched throughout the three days of competition.
On the competitive front, the Indonesian team set a WEC24 record by securing a Chicken Dinner with an astonishing 18 eliminations, packing a remarkable 28-point round.
Turkey stepped up to claim the title of WEC24 PUBG MOBILE Champions, delivering a fierce, precise performance and seizing the trophy in the final maps, a true champions’ style victory.
Congratulations are also due to Ukraine, who came very close to securing the gold. Consistent and determined to win, they kept fans and their nation on edge until the final rounds, ultimately securing the silver medal. Brazil took home the bronze, showcasing exceptional talent and positioning themselves as strong contenders for future titles.
Igor Nedeski, Esports Manager at IESF, praised the athletes, the tournament’s success, and the ongoing collaboration with Tencent: “The PUBG MOBILE tournaments have been one of the highlights of WEC for years now, and our ongoing collaboration and support from Tencent has played a huge role in its success. Congratulations to the medalists and to all athletes participating for their remarkable WEC24 performance.”
Micah Li, Senior Esports Manager at Tencent, “Congratulations to Turkey on becoming the WEC24 PUBG MOBILE Champions. We greatly value our partnership with IESF and the success we have achieved together over the years. We look forward to continuing this collaboration and delivering many more exceptional PUBG MOBILE tournaments in the future.”
With the PUBG MOBILE tournament concluded, IESF looks forward to further PUBG MOBILE competitions, as national teams from around the world improve year by year.
Balkans
EGT Digital is shortlisted in 5 categories of BEGE Awards 2024
EGT Digital is proud to be among the finalists in the impressive 5 categories of BEGE Awards 2024. This year’s edition of the prestigious annual competition will be held on November 27 at Black & White Club, Palms Royale Sofia Complex. For the 15th consecutive year, the event will recognize individuals and companies for their outstanding contribution to the gaming and entertainment industry.
Burning Hot Instant, one of the newest offerings in EGT Digital’s ever-growing portfolio of games, is among the shortlisted titles in the Online Game of the Year category. It is also one of the latest additions to the top performer Clover Chance. Although it debuted only 2 months ago, Burning Hot Instant immediately became players’ favorite with its mystery jackpot and numerous rewards.
X-Nave, EGT Digital’s in-house developed “all-in-one” betting platform, is a contender in the Online Platform of the Year category. The product earned the nomination thanks to the fact that it provides operators with the technology and tools they need to build and maintain a successful online business. The X-Nave platform includes 4 main modules: Sport Product, Gaming Aggregator, CRM Engine, and Payment Gateway. Each module can be part of the complete solution or function independently, allowing seamless integration with developments of third-party providers.
Another prestigious nomination for EGT Digital is in the Online Provider of the Year category, recognizing its wide range of iGaming products and services. The company’s games are extremely popular in a number of markets around the world, where players appreciate their fascinating design, high winning chances, and many attractive bonus features. The X-Nave platform is becoming the preferred choice for an increasing number of operators who want to guarantee their business’ long-term success and sustainable development.
The company is a finalist in the Sports Betting Platform of the Year category as well. EGT Digital’s Sportsbook solution, part of X-Nave’s Sport Product, offers everything operators need to secure a competitive bookmaker position. It includes advanced betting, in-depth statistics, different bet types, back-office tools, a variety of jackpots, and 24/7 technical and trading support. It is provided with powerful management tools that allow betting sites to create personalized content and increase player engagement.
The last category for which EGT Digital has been nominated is Innovative Product of the Year, with its 360-degree retail betting solution. This product covers both software and hardware aspects of the business, including the design and management of devices, the company’s omnichannel solution, sports betting, lottery games, vouchers, online deposits, and commissions. Constantly evolving, EGT Digital’s 360-degree retail betting solution continues to add new tools and options for improving user experience.
Balkans
EGT is a finalist in several categories of BEGE Awards 2024
EGT is excited to announce that it has been shortlisted in 6 categories of the prestigious BEGE Awards 2024. The competition, held annually as part of the BEGE Expo, will give prizes to individuals and companies for their significant contributions and excellent achievements in the gaming and entertainment industry for the 15th consecutive year.
After winning the accolade in last year’s edition of the event, the CEO of EGT, Mr. Vladimir Dokov, is once again a finalist in the CEO of the Year category. He received the nomination because of his strategic vision for the company, which has turned it into one of the leading manufacturers and suppliers of gaming equipment on a global level.
EGT will also compete for the awards in the Slot Machine of the Year and Slot Game Product of the Year categories. The company has been shortlisted, respectively, for its slot cabinets and slot games from the latest General Series, which have been demonstrating excellent results in a number of gaming establishments around the world.
Spider CMS is nominated for Casino Management System of the Year. As a result of its continuous development and improvement, the system currently contains 15 modules that make the organization of daily activities in gaming halls easy and efficient. This year, Spider CMS significantly expanded its footprint with several installations in Europe and Africa.
EGT’s bestseller, Bell Link, has earned the company a spot among the finalists in the Jackpot System of the Year category. Including 4 exciting levels and numerous attractive bonus features, this product has quickly become players’ favorite everywhere it has been installed.
EGT has also been shortlisted in the Corporate Social Responsibility of the Year category. It recognizes companies for their efforts to stimulate good social practices and build an ethically oriented business. EGT supports a lot of charity and sports initiatives. In addition, the company pursues a consistent policy for environmental protection and applies all ecological norms in its production processes and overall activities.
The BEGE Awards 2024 ceremony will take place on November 27 at Black & White Club, Palms Royale Sofia Complex.
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