{"id":226,"date":"2019-05-16T00:00:00","date_gmt":"2019-05-16T00:00:00","guid":{"rendered":"https:\/\/gbc.ng\/sports-betting-the-power-of-live-streaming\/"},"modified":"2019-05-16T00:00:00","modified_gmt":"2019-05-16T00:00:00","slug":"sports-betting-the-power-of-live-streaming","status":"publish","type":"post","link":"https:\/\/gbc.ng\/index.php\/sports-betting-the-power-of-live-streaming\/","title":{"rendered":"SPORTS BETTING: THE POWER OF LIVE STREAMING"},"content":{"rendered":"

Ahead of ICE North America, we sat down with Perform CEO, Ross MacEacharn, to discuss the role live streaming plays in driving in-play betting and the role it might play in driving entertainment and engagement for sportsbooks in the US. \u00a0<\/strong><\/p>\n

Why is live streaming so popular with global sports bettors?\u00a0<\/strong><\/p>\n

Live streaming creates the ultimate first-screen experience by putting round-the-clock action straight into the sportsbook for sports fans to watch and bet upon.\u00a0It provides quality live content to fill gaps around main domestic sport schedules, for example helping to drive activity in the daytime, weekdays and summer. It\u2019s been a key reason for the global growth of in-play betting, turning sportsbooks into more complete entertainment providers, and delivering uplifts in all the key user metrics.\u00a0Our partners have also reported that the availability of streams helps drive pre-match betting too, and that it\u2019s a great acquisition tool.<\/p>\n

What sports work well for live streaming in a betting environment?<\/strong><\/p>\n

Most sports work. We particularly aim for sports that are timed around a country\u2019s major domestic sports. A good example is tennis, which is an easy sport to follow, well-known players, easy to decide whether a particular player has superiority, offers exciting, fast-resulting betting opportunities throughout a match, high TV production values. But most importantly, tennis tournaments also have the great benefit of taking place during the week, across timezones. That makes tennis streams a great property for sportsbooks, even in countries where it isn\u2019t traditionally known as a key sport. It\u2019s why in Mexico for example, a country where tennis isn\u2019t widely followed, with no high profile local players, our tennis streams are enormously popular with bettors. We\u2019d expect an even better performance in the US.<\/p>\n

Will in-play betting take off in the US?<\/strong><\/p>\n

Contrary to the views from some quarters it\u2019s already in excess of 50% of bets placed online on some sports including soccer and tennis, and rapidly growing in the newly regulated US market, especially where mobile betting is permitted. Live streaming will rapidly accelerate this growth and we\u2019ll probably see a higher proportion than the 70% average seen of all sports bets placed online outside the US.<\/p>\n

How have\u00a0operators around the world\u00a0integrated\u00a0streaming?<\/strong><\/p>\n

Putting streams front and centre and next to the relevant betting opportunities is key. Because our streaming portfolio is so\u00a0broad,\u00a0operators can do this 24\/7\/365 days a year. We\u2019ve\u00a0been helping turn bookmakers into broadcasters for over 10 years and we pride ourselves on\u00a0making\u00a0integration easy through our flexible Content Player, which also includes additional content like live stats and facts. This helps\u00a0bettors make faster betting decisions which ultimately leads to a more immersive, exciting experience.<\/p>\n

What are your key streaming properties for the Americas?\u00a0<\/strong><\/p>\n

We have top football competitions from around the world including the top leagues and cups from Spain, France, Portugal and multiple South American countries. We\u00a0also\u00a0have great tennis coverage from both the WTA and ATP tours. Great global basketball coverage too including this year\u2019s FIBA World Cup. Global Ice Hockey and baseball. Overall we have in excess of 20,000 live streaming events per year to fill the year-round, round-the-clock timeslots<\/p>\n

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