esports-to-beat-football?-softswiss-shares-sports-betting-trends-for-2024

Esports to Beat Football? SOFTSWISS Shares Sports Betting Trends for 2024

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Esports is raising its position among top sports by bets in 2023. The product team of the SOFTSWISS Sportsbook, a top sports betting software provider, reflects on the past year.

 

Esports Unstoppable Rise

Over the past three years, the top three sports by bets remain unchanged, with football, tennis and basketball maintaining their leadership. In contrast, esports has demonstrated a consistent upward trend, progressing from the seventh position in 2021 to the fourth in 2023. Notably, Counter-Strike stands out, claiming the sixth position among the top ten disciplines by the number of bets.

Alexander Kamenetskyi, Head of SOFTSWISS Sportsbook, comments: “Considering the rise of esports, we guide our partners to focus on cyber disciplines, engaging audiences beyond traditional betting demographics. Highlighting the cybersports potential for operators, Newzoo’s report projects 640 million viewers by 2025.”

 

Mobiles Drive 92% of Operator GGR

Another notable trend in sports betting, which has remained unchanged for several years, is the consistent growth in bets made from mobile devices. According to the SOFTSWISS Sportsbook, 80% of bets in 2023 were placed via mobile versus 70% in 2022 and 68% in 2021. This trend solidifies as players increasingly opt for mobile convenience, especially in live betting scenarios. More importantly, it was mobile devices that contributed 92% to the operators’ GGR.

Kamenetskyi adds: “Mobile betting is one of our main focuses in product development. We put much effort into improving our mobile application and mobile website. It is specifically important for locations facing challenges with internet connectivity and regions like LatAm and Africa where internet coverage is still growing.”

 

Casino Turnover Drops During Major Sports Events

The SOFTSWISS Sportsbook team has repeatedly emphasised shifts in player behaviour around major sports events. Specifically, there was a 10–20% drop in online casino turnover, coinciding with the World Cup 2022. This highlights a dynamic wherein a significant portion of casino players redirect their focus towards sports betting based on seasonal patterns. Considering audience preferences, reinforcing casinos with sportsbooks is a logical step.

Kamenetskyi adds: “This pattern underscores the strategic imperative for iGaming stakeholders to recognise the synergistic relationship between casino ventures and sportsbooks. Combining these options not only enhances casino appeal but also maintains player engagement, especially during sports events. In this context, it is worth mentioning that the SOFTSWISS Sportsbook is compatible with any casino platform on the market.”

Additionally, the SOFTSWISS Sportsbook team notes the strengthening of other trends like regulation and responsible gambling that have recently been highlighted in the iGaming Trends 2024 report by SOFTSWISS. The SOFTSWISS Sportsbook team will be glad to discuss all learnings during the first SBC Summit Rio at the stand D360.

 

About SOFTSWISS 

SOFTSWISS is an international tech company supplying software solutions for managing iGaming projects. The expert team, which counts over 2,000 employees, is based in Malta, Poland and Georgia. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a Bitcoin-optimised online casino solution.

dgoj-signs-agreement-with-autonomous-community-of-the-basque-country-for-global-betting-market-research-service

DGOJ Signs Agreement with Autonomous Community of the Basque Country for Global Betting Market Research Service

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The Autonomous Community of the Basque Country and the General Directorate for Gambling Regulation (DGOJ) have signed the agreement to join the Global Betting Market Research Service.

The objective of the agreement is for the Directorate of Gambling and Entertainment of the Basque Government, through the regional police of Ertzaintza, to join the global research service of the betting market managed by the General Directorate for the Regulation of Gambling, such that the gaming and entertainment unit of the Ertzaintza, in the exercise of its functions, may be able to access the data contained in the Service.

This Service is regulated by the ninth additional provision of Law 13/2011, of 27 May 2011, on the regulation of gambling, and its purpose is to prevent and combat fraud in the sports betting market and manipulation in competitions of this kind through the exchange of information between the main actors interested in the eradication of this scourge, thus contributing to maintaining the values ​​of fair play in Spanish sport.

planet-sport-bet-launches-on-another-planet-podcast

Planet Sport Bet Launches On Another Planet Podcast

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Operator to give a unique insight into the beautiful game and what makes it tick as it looks to leverage the huge popularity of podcasting to drive brand awareness

Planet Sport’s burgeoning betting and gaming brand, Planet Sport Bet, has launched an exciting new sports podcast, On Another Planet, as the operator looks to engage players across more entertainment channels.

Hosted by Planet Sport ambassadors and well-respected football personalities Robbie Savage and Emma Jones, the new podcast covers everything from insider football knowledge fans won’t find anywhere else to lighter-touch lifestyle conversations.

The podcast is produced in conjunction with sport audio experts Voiceworks Sport, who will also distribute the podcast via its Sport Social Podcast Network.

On Another Planet promises plenty of exclusive content and will delve into Savage’s unique insight into the world of football with his perspectives both as a former player and, more recently, as Director of Football for Macclesfield FC.

Each week, On Another Planet is set to feature guests from sport’s inner circles. The first episode was joined by esteemed football journalist James Marshment, Editor of prolific Premier League transfer site TEAMtalk.

The podcast also welcomes questions and perspectives from listeners that will be answered by Savage and Jones. For the chance to have their questions answered, listeners can post on X tagging @PlanetSportBet. Alternatively, Jones will be posting on her Instagram story each week asking for questions. Listeners should follow Emma at @Eljonesuk and submit questions there.

“I’m so excited to launch On Another Planet with Robbie,” Jones said. “It’ll give us both the opportunity to discuss the big talking points from the weekend’s football and it’ll give everyone the chance to ask Robbie questions about his role as Director of Football for Macclesfield FC; the stuff we actually want to know.

“This is going to be a raw, honest and open chat between two pals, plus a rotating panel of football experts from the Planet Sport network, so at least one of us will be talking sense.”

“The world of podcasting has exploded in recent years and we see a huge opportunity to get in on the action by launching our own branded show with Robbie and Emma,” the Betting and Gaming Managing Director for Planet Sport Bet, Mike Grenham, said. “As a new sportsbook and casino, we must be smart in how we market to players and drive awareness of our brand. The On Another Planet podcast does this in a way that is authentic and really promotes our USPs, tone and values to a wide audience of sports fans and bettors.”

On Another Planet is owned and operated by Planet Sport, produced by Voiceworks Sport and sponsored by Planet Sport Bet. Listen to On Another Planet on Spotify, Apple and Amazon now.

bettors-of-both-genders-want-more-opportunities-and-information-to-bet-on-women’s-sport,-says-new-research

Bettors of Both Genders Want More Opportunities and Information to Bet on Women’s Sport, Says New Research

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Stats Perform and Women’s Sports Group today released independent research via YouGov to help sports media, sponsors and sportsbooks understand the rapidly emerging potential of women bettors and betting on women’s sports.

Conclusions from the research suggest that women’s tennis continues to soar in popularity and that women’s football is now in the top four sports of any gender watched or followed by regular men and women bettors but that it is characterised by a relative lack of associated betting options.

It also indicates that small adjustments by the sports media and betting industries would unlock significant new growth for themselves and the broader women’s sports ecosystem.

The landmark study covered 2,500 women and 2,500 men sport bettors and includes further insights such as:

  • Women’s sport appeals equally to men and women bettors
  • Regardless of gender, bettors want more opportunities and information to bet on women’s sport
  • Women are active, under-served bettors who enjoy the social aspect of betting
  • Over 90% of regular men and women bettors expect to watch the same or more women’s sport in the next twelve months
  • Men and women bettors on women’s sport consume more sport in more places, especially online and on mobile apps

“This transformative research, conducted in collaboration with Stats Perform, marks a huge step in the evolution of women’s sports betting,” the Data and Integrity Specialist for Women’s Sports Group, Delilah Fenner, said. “The study presents undeniable evidence that all bettors want more opportunities to bet on women’s sport and that women are active, under-served bettors. This powerful data unlocks previously untapped revenue streams to set a new standard for the industry and we’re excited to be part of this change.”

“This research was a logical follow-up to the macro women’s sport research published with the IBIA last year, which was very well received,” the Chief Commercial Officer for Stats Perform, Alex Rice, said. “We hope this latest study will help our partners in the sports media, sponsorship and betting industries establish themselves now as leaders in the women’s sports space, increasing its audience and coverage whilst also bringing investment into the sector. The opportunity is there for those who are willing to invest now.”

To view the full research please visit www. StatsPerform. com/Womens-Sports-Betting.

pmu-becomes-first-external-brand-to-use-flutter’s-b2b-sportsbook-platform

PMU becomes first external brand to use Flutter’s B2B Sportsbook Platform

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Flutter Entertainment is pleased to announce the extension of its B2B partnership with leading French operator PARI MUTUEL URBAIN (PMU), deepening a relationship between the two companies that began in 2010.

The extended partnership will see Flutter provide PMU with a multi-channel B2B Sportsbook Platform with market leading customer products and associated operational services. This is in addition to the continued provision of event management, fixed odds pricing, and risk management services as PMU benefit from the global trading ecosystem and trading expertise deployed for all of Flutter’s B2C and B2B brands.

PMU will become the first external brand outside of the Flutter Group to operate on this unique solution, and as part of this expanded partnership, they will benefit from Flutter’s continued investment in our B2B Sportsbook Platform and sports trading capabilities, as the scalability of the offering allows for seamless product rollouts across all brands operating on the platform.

Tom Bowry, Chief Strategy Officer at Flutter, said: “We are delighted that PMU have chosen to extend our partnership and become the first external brand to adopt our B2B Sportsbook platform. This Sportsbook solution has been developed through a relentless focus on innovation and is powered by the exceptional expertise derived from our global portfolio of brands. We are excited about our B2B Sportsbook capabilities and the opportunities available to us in the future as we continue to invest to meet evolving customer needs and expectations.”

Emmanuel Vacher, e-commerce Director at PMU, said: “PMU.fr is the undisputed leader in the online horse racing betting market and also offers sports betting and poker. In sports betting, we were looking to simplify our architecture through a turnkey solution and to concentrate our efforts on Marketing and CRM . Flutter’s offering meets this need. Alongside them, we are now engaged in a multi-year partnership. Our common objective is, thanks to the expertise and technological capabilities of Flutter, to have within PMU.fr a leading Sports betting offer, services and user experience -such as for horseracing- and to gain market share”.

Number One horse race betting operator in Europe and third largest worldwide, PMU’s main activity is to market bets on horse races in a responsible and trusting environment. With 1,100 employees, the company operates in France (via its 14,000 retail outlets and French racecourses as well as on the Internet) and internationally with more than 120 partners across more than 50 countries. Horse race betting represents more than 90% of PMU’s business. Operating since 1930, PMU also diversified into sports betting and poker when the French online gaming market was opened to competition in 2010.

The result of PMU’s activity is fully redistributed to the French horse racing associations in charge of organizing the races, a total contribution of €835 million in 2023. A technological, useful and committed company, PMU finances the French horse racing industry, ensuring its sustainability, as well as supporting the direct and indirect jobs in the horse racing industry in France.

betconstruct-is-recognised-as-the-best-sports-betting-platform-of-the-year-at-iga-london-2024

BetConstruct is Recognised as the Best Sports Betting Platform of the Year at IGA London 2024

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BetConstruct, received the award of “The Best Sports Betting Platform of the Year” at the prestigious International Gaming Awards (IGA) London 2024.

The 17th International Gaming Awards, held in London on February 5, united leaders and stakeholders from the gaming industry worldwide aiming to showcase the industry’s achievements and newest offerings. In addition to the company’s acknowledgement, the AI-powered Assistant Hoory integrated into the platform received the “Innovator” award.

BetConstruct’s award-winning all-encompassing Spring Platform functions as the cornerstone of its omnichannel product and service portfolio. The platform is constantly growing boasting 10,000 + games and facilitating smooth integration with more than 100 + major 3rd-party providers, including Sportsbook, peer-to-peer games (skill games), RNG games and slots, Poker, Virtual sports, etc. Functioning as an open platform, it offers operators the flexibility to integrate with their preferred platforms, products, or services.

BetConstruct always strives for excellence by creating valuable products and solutions that enrich the company’s vast gaming portfolio. Driven and inspired by industry trust and recognition BetConstruct will continue offering standout products and solutions redefining the boundaries of innovation.

inspired-announces-partnership-with-kambi-to-provide-virtual-sports-offering-to-the-kambi-sportsbook

Inspired Announces Partnership With Kambi To Provide Virtual Sports Offering To The Kambi Sportsbook

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Inspired Entertainment, Inc., a leading B2B provider of gaming content, technology, hardware and services, and Kambi Group plc, the world’s trusted sports betting partner, announced that they have signed an agreement to integrate Inspired Virtual Sports products into the Kambi sportsbook platform. This integration will allow Kambi’s partners to leverage Inspired’s Virtual Sports line-up. Kambi undertook a rigorous competitive procurement process before ultimately selecting Inspired as its exclusive Virtuals Sports provider.

“We are thrilled to integrate Kambi’s first-class sports betting technology with our best-in-class Virtual Sports games,” said Brooks Pierce, Inspired President, and Chief Executive Officer. “We are confident this partnership will enhance Kambi’s leading sportsbook services, allowing them to provide a dynamic new revenue stream for operators that is easily integrated into the Kambi network.”

“Kambi Group is excited to join forces with Inspired to bring their award-winning Virtual Sports products to the Kambi sportsbook platform,” said Jamie Mckittrick, SVP of Commercial Operations at Kambi. “This partnership illustrates the openness of the Kambi platform and elevates our cutting-edge sportsbook offering with the very best Virtual Sports technology.”

Inspired’s multi award-winning Virtual Sports are popular worldwide, appealing to a wide variety of players through more than 40,000 retail channels and 100+ websites in 35 countries. Inspired has the largest and most diverse content portfolio currently available, including the most popular sport for every market. Over the last five years, Inspired’s Virtual Sports have seen big growth in North America with the introduction of basketball, football, the first-ever women’s soccer game, and baseball.

paysafe-research:-stronger-online-betting-experience-starts-with-payments

Paysafe Research: Stronger Online Betting Experience Starts with Payments

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Company research reveals payments play essential role in global sportsbooks’ customer acquisition and retention amid diversifying transactional preferences

Global online sports bettors prioritize rapid payouts and payment choice when starting their customer experience with sportsbooks, according to the 2024 All the Ways Players Pay research from Paysafe (NYSE: PSFE), a leading payments platform. Released today, the report also reveals that payments are just as valuable in strengthening the customer experience for players, whose appetite for digital wallets and even crypto payments is rising.

Showcasing Paysafe’s all-new brand identity, which the company recently unveiled, the report surveyed 3,000 sports bettors in six United States states (Massachusetts Michigan, New Jersey, New York, Ohio and Pennsylvania), the Canadian province of Ontario, the United Kingdom, France, Germany and Italy in December of 2023. The research found that streamlined payouts was players’ top factor when choosing a sportsbook (prioritized by 37%). They consider this more important than brand trust (34%), odds (29%), promotions (26%), user experience (17%), sports markets (15%) and sponsorships (10%).

When selecting a sportsbook, players also prioritize their favorite payment methods’ availability (26%) and seamless deposits (26%) over every factor except brand trust, odds and promotions.

Payments are just as crucial for strengthening player retention with 78% of bettors considering the payment experience important in why they remain with a brand. This trends even higher in Italy (88%), New York (84%) and Germany (80%).

Bettors’ payment preferences continue to diversify. Debit cards remain the dominant choice globally (a preference of 38%) though this is being challenged by digital wallets (37%). Wallets are today the top payment preference in Italy (53%) and Germany (52%). And by facilitating wagering across multiple sportsbooks, digital wallets are a leading payment choice of VIP players with 46% of bettors wagering five to seven times weekly favoring a digital wallet versus 43% a debit card.

Credit cards’ overall popularity is limited by markets like the United Kingdom and the United States state of Massachusetts banning their use. Despite this, the preference for credit cards remains robust both globally (25%) and across the United States (also 25%) while in France they are the favorite payment method of all (47%).

Interest in eCash remains niche but significant with 13% preferring online cash. This trends higher in countries with an enduring cash culture like Germany (16%) and the United States (16%).

Local payment methods (LPMs) available only in a single country are a preference of 13%, trending higher in the United States (17%) and Canada’s Ontario (17%) with their established LPM brands.

Confidence in the transactional security at sportsbooks continues to improve with 57% of players more confident than last year. However, there is no room for complacency with 10% less confident and 33% unsure.

Player adoption of digital wallets, eCash and other alternative payment methods (APMs) will likely grow with 58% of players expecting to use APMs more through to the end of 2025. And despite cryptocurrency market volatility, crypto payments appear attractive for players with 50% interested in this when permitted by regulators. This trends higher in the United States (58%) especially in New York (72%).

“Our latest research clearly indicates the value of payments to online sportsbook operators at all stages of the player experience,” the Global Gaming President for Paysafe, Zak Cutler (pictured), said. “Operators that optimize their payment offering will gain a competitive advantage when starting their brand’s relationship with new bettors. Given the correlation between the payment experience and brand loyalty, operators can maximize player retention by getting payments right. This includes upgrading their cashiers to cover all possible payment choices to meet evolving transactional expectations.”

Paysafe is exhibiting at the ICE London 2024 conference (booth N5-220) from February 6 to 8, 2024.

Timeform and PA Betting Services announce B2B partnership.

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Timeform has announced today that PA Betting Services will become the official supplier and managing partner of Timeform’s B2B services.

The Timeform brand is synonymous with the racing industry and is recognised as a leading provider of premium horse racing content, editorial and insight. Over the past 50 years, Timeform has cemented its place at the heart of British racing, with its reputation built on accurate, best-in-class services.

Timeform’s Race Verdicts, Star Rating’s, 1-2-3 predictions and individual horse comments are a staple part of British and Irish Horse Racing. Under the terms of the partnership, PABS will be responsible for selling this valued content both in the UK and internationally.

PABS is now able to offer its clients Timeform’s enriched content alongside its own core data services. Through one single integration, customers will now be able to access PABS global horse racing and greyhound data alongside Timeform’s best in class racing content.

Sebastian Butterworth, Director at Timeform, said: “Timeform sees great opportunity in PA Betting Services vast distribution network, and this is what attracted us to this deal. We believe the two companies complement each other perfectly and together we are well-placed to become the number one global racing data and content brand.

“Our shared vision will ensure this collaboration continues to maintain the high levels of accuracy and integrity, synonymous with Timeform. This will be particularly important as we explore opportunities to deliver the Timeform brand to customers across the globe via PA Betting Services’ unparalleled international network.”

Eugene Delaney, Director of PA Betting Services, said: “Our aim is to provide the best in class and most comprehensive racing product to our customers. This partnership allows our customers to access premium racing content through a single integration, reducing complexity while improving their product offering.

“We see Timeform as the most credible and widely recognised brand when it comes to racing content and believe the addition of its product will be very attractive to our clients.”

The two firms will exhibit together at ICE next week ahead of a full roll out in Q2. Timeform has begun the process of communicating the planned changes with customers.

oddschecker-global-media-becomes-fairplay-sports-media-in-fairer-betting-push

Oddschecker Global Media becomes FairPlay Sports Media in fairer betting push

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The new group company will leverage its tech and data expertise to level the betting playing field
Oddschecker Global Media has today rebranded to FairPlay Sports Media (FPSM) to best deliver its aim to become the world’s most significant sports media network, powered by sports fans, bettors and its market-leading BetTech platform.
In line with the evolving global sports betting ecosystem and the burgeoning US market, FairPlay Sports Media, a Bruin Capital business, will level the playing field for all sports bettors across pricing, payouts, bonusing, intelligence, and more. In doing so, these more engaged, qualified users will deliver more lifetime value to operator, media, and distribution partners.
Through leveraging an unrivaled set of technology platforms and tools shared by its trusted brands, including oddschecker, Whoscored .com, and SuperScommesse (Italy), FPSM is well-positioned to accelerate the growth of its sports betting communities and deliver more value to end users and partners across its global network.
Stuart Simms, FairPlay Sports Media’s Group CEO, brings decades of experience from senior global commerce and technical sports media roles at the likes of Microsoft, Rakuten, and XLMedia. With this expertise, Simms has pioneered the group’s new ethos to best utilize the group’s varied and unrivaled BetTech capabilities.
Stuart Simms, Group CEO of FairPlay Sports Media, said: “This is more than a new group name. The launch of FairPlay Sports Media allows us to empower our customers to better compete in sports betting, while delivering significant efficiencies and added value to our partners through the use of our game-changing betting technology.
“We’ve made various strategic acquisitions – with more in the pipeline – to best place ourselves to create more engagement with sports bettors and the data they need, the independent content they demand, and we’re excited to showcase how this realignment and BetTech focus will benefit everyone in the FairPlay Sports Media Network, particularly in the US market.”
The relaunch follows the recent launch of Confido Network, the acquisition of Italian sporting network SuperScommesse, and significant growth plans into various US markets.