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What AI will bring to Gambling
Join our email list to be the first to see these videos every week: https://mailchi.mp/traderoutescapital/giuox24tmg
YouTube channel - https://www.youtube.com/@bensmarketchat
This week we talk to Cris Acconci. Cris is a successful serial entrepreneur who has founded and sold businesses in the sports betting and gambling arena. He was one of the founders of Whoscored.com, a football statistics platform with over 4mn active monthly users. The business was sold to Oddschecker, a subsidiary of Flutter. Cris then went on to advise All Sports X on their blockchain rollout and took on the roll of Chief Product Officer at Click Media.
We talk about the impact of AI on the online gambling environment. Customisation and fractionalisation of betting has been an ongoing trend in the industry and AI is only accelerating the trend towards targeted and deeply granular betting opportunities across sports but now new areas that hitherto have not been open to gambling. Clearly Prediction markets have ballooned rapidly and cross multiple segment lines including traditional sports but now also offering contracts on business and political events.
Cris tells us how the current incumbents like Flutter, Entain, FanDuel etc are dealing with new upstart and fast growing companies like Kalshi and Polymarkets as well as how the regulators are trying to get their heads around how to deal with new forms of gambling and jurisdictional controls on licensing. We talk about Sportsbook vs Casino and we talk about trends in the sector from venture level through to the listed sector. We also touch on the advertising budgets of these major cash generating businesses.
Online gambling is becoming granular in format allowing for further revenue opportunities. The granularity is coming from peer to peer opportunities, in-game and live activation and spilling into so many more sectors than traditional platforms. Human nature is competitive and gambling for many is a way to formalise conviction.
Always do your own research or seek the advice of your professional financial advisor.
You can find us on LinkedIn and YouTube, Money Matters, Ben Hakham CEO at Traderoutes Capital.
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By BenJoin our email list to be the first to see these videos every week: https://mailchi.mp/traderoutescapital/giuox24tmg
YouTube channel - https://www.youtube.com/@bensmarketchat
This week we talk to Cris Acconci. Cris is a successful serial entrepreneur who has founded and sold businesses in the sports betting and gambling arena. He was one of the founders of Whoscored.com, a football statistics platform with over 4mn active monthly users. The business was sold to Oddschecker, a subsidiary of Flutter. Cris then went on to advise All Sports X on their blockchain rollout and took on the roll of Chief Product Officer at Click Media.
We talk about the impact of AI on the online gambling environment. Customisation and fractionalisation of betting has been an ongoing trend in the industry and AI is only accelerating the trend towards targeted and deeply granular betting opportunities across sports but now new areas that hitherto have not been open to gambling. Clearly Prediction markets have ballooned rapidly and cross multiple segment lines including traditional sports but now also offering contracts on business and political events.
Cris tells us how the current incumbents like Flutter, Entain, FanDuel etc are dealing with new upstart and fast growing companies like Kalshi and Polymarkets as well as how the regulators are trying to get their heads around how to deal with new forms of gambling and jurisdictional controls on licensing. We talk about Sportsbook vs Casino and we talk about trends in the sector from venture level through to the listed sector. We also touch on the advertising budgets of these major cash generating businesses.
Online gambling is becoming granular in format allowing for further revenue opportunities. The granularity is coming from peer to peer opportunities, in-game and live activation and spilling into so many more sectors than traditional platforms. Human nature is competitive and gambling for many is a way to formalise conviction.
Always do your own research or seek the advice of your professional financial advisor.
You can find us on LinkedIn and YouTube, Money Matters, Ben Hakham CEO at Traderoutes Capital.