Tag: Sports Betting

Spotlight Sports Group releases the inaugural edition of ‘BetTech Ecosystem’, a research piece reviewing the major suppliers across the sports betting and iGaming industry. 

Spotlight Sports Group (SSG), a leading technology, content and media company specialising in sports betting and fantasy sports has today released its inaugural review of the sports betting industry ‘BetTech Ecosystem 2021’.

At the centre of the research is a visual that showcases six segments (platform providers, trading, e-commerce, data, content and iGaming) and the major businesses that feature in each. The research summarises who the suppliers are across the industry and highlights the extensive M&A that has taken place in recent years.

The study was conducted internally by a team of Spotlight Sports Group researchers and with the support of independent industry experts. The research focuses on the regulated European and North American markets.

Discussing the first edition of the ‘BetTech Ecosystem’, Spotlight Sports Group Head of B2B Marketing, Alan Davis said: “What we’ve created is a state-of-play overview of the major suppliers in Q4 2021 as a visual and report, allowing industry professionals a chance to view the sector from a number of different perspectives.’’

Davis continued: “What is most interesting from the research is how the major players have been growing the number of segments they’re in through innovation or acquisition. It’s striking when you view how some businesses feature multiple times and that is sure to grow. The pace of change within the industry has presented significant challenges while compiling the visual, in what we believe to be the first of its kind for the iGaming industry.”

The SOFTSWISS Sportsbook is expanding its list of available bonus offers with a new bonus type – Hunting. Three different types of Freebet were already available to users earlier this year: No Risk, AllWin and OnlyWin. New functionality, together with existing features, will help the platform’s clients to customise the bonus program, increase player involvement and loyalty.

The new Hunting bonus type will be the first of its kind in the betting market. Its launch is a logical extension to the SOFTSWISS Sportsbook’s bonus range, allowing players to win even more free bets and make the game itself more exciting. The operator will be able to optimise the new bonus offer for different player groups, as it supports all triggers and platform groups with a huge amount of customisation.

A player makes a deposit and receives a percentage of the deposit or a fixed amount in a given currency. The bigger the deposit the bigger the bonus amount, but the operator determines this limit. The player can convert the currency received into free bet coupons of varying values.

To gain access to the free bets, the player must make regular bets, for which they will receive bonus money. Once the bonus amount equals the player’s average wager, the player will receive a free bet coupon equal in value to their average wager. At the same time, the accumulated bonus money will be deducted from their original bonus account, received when making the deposit.

For example, a player deposits $100, for which they receive $200 in bonus currency. The average bet is equal to $5, and for each such bet, the player receives one credit. After calculating the fifth bet, they receive a $5 free bet. Also, 5 bonus dollars will be deducted from the bonus account. As a result, the player will still have $195 in bonus currency to wager.

It turns out that the higher the average wager the higher the value of the free bet. It also worth noting is that the new bonus type is compatible with cryptocurrencies.

Alexander Kamenetskyi, Product Owner at SOFTSWISS Sportsbook, comments: “We hope that the new bonus type will be a pleasant surprise for all Sportsbook users. Hunting bonuses are the first of their kind in the betting market and are developed to delight operators and players alike. For the former, this will help expand the platform functionality, while for the latter it will bring even more fun and excitement while playing. Hunting bonuses, as well as others in our system, work with all triggers and player groups and have a very flexible system of values, odds, events, and expiry dates. Therefore, they will cater to a wide variety of betting needs and are useful for beginners and experienced players alike. Enjoy the game!”

About SOFTSWISS 

SOFTSWISS is an international tech brand supplying widely acclaimed, certified software solutions for managing iGaming operations. SOFTSWISS holds a number of gaming licenses, providing a “one-stop-shop” White Label Solution by taking care of all technical, legal, and financial processes on behalf of its customers. The company has a vast product portfolio, which includes an Online Casino Platform, Game Aggregator with thousands of casino games, the Affilka affiliate platform, and a sportsbook software platform. In 2013 SOFTSWISS was the first in the world to introduce a bitcoin-optimized online casino solution. The company has thus been regarded as the leading technical expert when it comes to the use of cryptocurrencies in online gaming.

FIBA, the International Basketball Federation, and Philippines-based J9 have announced a new partnership until 2024 in which the Global Partner will present the FIBA Basketball World Cup 2023 Trophy Tour as well as boost awareness of the sport on its extensive platforms.

The brand J9 has become FIBA’s 10th Global Partner and will take the FIBA Basketball World Cup trophy to cities around the globe, delivering an exciting World Cup experience to fans and showcasing its greatest prize as part of basketball celebrations and FIBA’s flagship competition.

As another part of the agreement, J9 will receive key commercial rights across FIBA competitions, including the FIBA Continental Cups for both men and women, the FIBA Women’s Basketball World Cup 2022, and FIBA’s pinnacle event, the FIBA Basketball World Cup 2023.

J9, as FIBA’s Official Global Betting Partner, sees globalization as an important focus and it provides a world-class gaming experience to its global users. The company will use FIBA’s platform to launch and boost awareness of its brand J9 across all FIBA events globally and connect with millions of basketball fans around the world. In addition, J9 will utilize FIBA’s top-level domain .basketball to promote basketball related corporate social responsibility activities on its portal J9.basketball.

Frank Leenders, FIBA Media & Marketing Services Director General, said: “We are excited to have J9 joining the FIBA family as our most recent Global Partner. This partnership will certainly boost FIBA’s goal of advancing the promotion of basketball worldwide while at the same time bring fans closer to the game through new and improved experiences, including the Trophy Tour and other activities supported by our new Global Partner J9.”

Managing Director of J9, James Chen, expressed his confidence in the partnership with FIBA by saying: “It is a great honor for us to become a Global Partner of FIBA and to have the opportunity to contribute to the development of basketball globally. With our innovative and digital ways, we are sure that we will be able to help FIBA deliver the charm and joy of basketball to more fans across the world.”

This agreement was brokered by FIBA Marketing, the strategic partnership between FIBA and Infront.