US iGaming Hub’s Post

🚨 Game Masters: 100 Most Influential Figures in the U.S. iGaming Industry 33. Jesper Søgaard (Better Collective) The CEO and co-founder of Better Collective, a leading global sports media group. During his tenure, Better Collective has expanded aggressively, especially in the U.S. market, where Søgaard has implemented a “very aggressive” strategy to capture market share, aiming for revenue growth. The company’s portfolio in the U.S. includes high-profile brands like Action Network and Vegas Insider, which together draw millions of monthly visits. Søgaard’s strategy combines organic growth with strategic acquisitions—28 since 2018—to build a robust digital ecosystem that spans across sports betting, esports, and broader digital sports media.  Looking forward, Søgaard is focused on maintaining Better Collective’s market-leading position while exploring new opportunities in regions like Latin America.

🚨 Game Masters: 100 Most Influential Figures in the U.S. iGaming Industry 26. Mark Locke (Genius Sports) The CEO and co-founder of Genius Sports, a driving force in the sports data and technology industry. Under his leadership, Genius Sports has become a cornerstone of the global sports ecosystem, providing essential data and technology services to some of the world’s largest sports leagues, including the NFL and English Premier League. Locke’s vision has always been about harnessing the power of sports data. This has led to the company’s rapid growth and its recognition as a leader in the sector. In 2024, Genius Sports posted strong revenue growth, bolstered by key partnerships and expansions, particularly in the U.S. market.

Market Monitor: New York Sports Betting November 2024 Online sports betting operators in New York crushed all previous revenue records in November 2024, the latest figures from the regulator reveal. Combined, operators generated $232 million in revenue, far ahead of the previous market high set in back in January of $211.5 million. It is up over $55 million on October 2024, and compared to November a year ago the market is up 54%, the best year-over-year comparative to date. In terms of handle, the market looks robust, but no where near as impressive as in revenue. Operators collected $2.3 billion in bets, up 7.4% annually. FanDuel remains the clear market leader; DraftKings sits second. The former generating $103 million in revenue to the latter’s $77 million. Their market shares are 44% and 33%, respectively. Notably, however, neither operator set personal bests, and while thethey still hold over three quarters of the market combined, the smaller operators are slowly chipping away and this lead. Most notably, BetMGM’s revenue shined in November, surging to $13.8 million, almost double where it was a year ago. Fanatics also hit almost the same high — $13.8 million — up over 5x on November 2023. Each has a market share of 6%; a year ago they were at 5% and less than 2%, respectively. https://lnkd.in/ei6NVcwk

Neil OKeefe, MBA shares some great insights around sports betting behaviors. "Improved speed/latency was the runaway feature that mobile bettors would like to see improved, with advanced-data analytics and live streaming a distant second and third, respectively." <- very interesting highlight With so many options for platforms - it is more important than ever to give the bettors what they want! Oană Alexandru Ionut-Cristian Negrescu

How will the new College Football Playoff impact online sports betting? Before our webinar, check out these key trends in "The State of Sports Betting" from Betsson Group, in partnership with GambleID and Sports Handle: 🔹 Nearly half of sports bettors download five or more betting apps. 🔹 59% of bettors bet daily. 🔹 Football and basketball are overwhelmingly preferred over any other sport. 🔹 Golf ranked third as the preferred sport to bet on. 🔹 Highest deposits during the Super Bowl and lowest during Stanley Cup. Join me tomorrow, December 10th, along with our host Darren Withers, Casino Mobile Consultant – NV Strategies LLC, Tres Garner, Strategic Growth Officer at GambleID, and Mark Neely, Director of Sales & Marketing at TPI, as we give our viewpoints on the current market conditions, modes of online gaming, new technologies aimed at driving online betting and responsible gaming, and the role of AI in iGaming. Register Today → https://lnkd.in/e2qfxRRz

The U.S. sports betting industry generated $11 billion in revenue in 2023, a 45% percent increase from 2022, with legalization spreading to 38 states, up from just one in 2018. Notably, DraftKings has emerged as one of the few successful SPACs. Americans predominantly bet on the NFL (81%), NBA (54%), and MLB (44%), yet 93% of sports bettors lose money, and the NFL has suspended 10 players for gambling over the past two years, with the NBA recently suspending 1 player for life. Media companies are evolving into sportsbooks (e.g., ESPN), while sportsbooks are becoming media companies (e.g., FanDuel). This crossover is evident in the increased betting handle on BetMGM, which saw this year's LSU-Iowa NCAA matchup shatter records on the women's side. Considering these trends, how do you think the integration of media and sports betting platforms will shape the future of fan engagement and sports entertainment?

The boundaries between sports and digital media are officially gone.... The recent Cristiano Ronaldo x MrBeast collaboration and the buzz around the Baller League prove that the future of entertainment is hybrid. 🚀 🤯 Ronaldo x MrBeast: Breaking the Internet * 134M+ views combined across platforms within days. * Ronaldo’s video hit 20M views, boosting him to 70M subscribers. * MrBeast’s video smashed 64M views, setting the internet ablaze. This super viral content is a pretty impressive example of the power of the creator economy, when combined with sports superstardom. The figures are crazy, but not unexpected! 🤯 Baller League: Is This The Future of Sports & Gaming? Launching March 2025 in the UK and USA, the Baller League blends football with digital-era fandom. It’s fast, it’s fun and it’s entertaining: * 6-a-side indoor football with shortened games, quicker play, entertainment breaks and increased fan interaction * Influencer icons KSI and IShowSpeed as league presidents. * Football legends like Ronaldinho, Gary Lineker, and Luis Figo managing teams. * Social media megastars will be hosting matches streamed live on YouTube & Twitch. Why does this matter? It matters because each of these are an example of sports entertainment for the next generation. With younger audiences prioritising streaming, gaming, and influencer-driven content, leagues like this are designed to dominate across social, screens and stadiums. ⚽ Key Takeaways ✅ Sports + digital creators = record-breaking engagement. ✅ Platforms like YouTube and Twitch are the new playing fields. ✅ Brands and leagues that embrace this crossover are primed to win. This is the era where sports meets digital entertainment and gaming, and the lines are beautifully blurred. #ballerleague #entertainment #sports #gaming #nerd

Sports Betting is Booming—Are You Ready? With the sports betting industry surging, rights holders have a huge opportunity to capitalize. In 2023, over $100 billion in legal bets were placed in the U.S. alone, and this growth shows no signs of slowing. Betting is no longer just extra—it’s crucial for fan engagement and revenue. Why It Matters: - 🏅 Boost Engagement: Betting keeps fans hooked, watching longer and more often. - 💸 New Revenue Streams: Partnerships with sportsbooks and exclusive in-play data deals are key to monetizing sports assets. - 📊 Data is Everything: Real-time, accurate data powers in-play betting and micro-betting, opening the door to more opportunities. Combat IQ is powering the future of sports betting with the best quality data feeds in Combat Sports, enhancing fan experiences and driving new revenue streams. Ready to take your sports betting game to the next level? Let’s connect! Read more on the betting surge here 👉: https://buff.ly/4eifQQb #SportsBetting #SportsTech #CombatIQ #DataDriven #FanEngagement

September was a standout month for sports betting in Indiana, Iowa, and Delaware.   Here are the key highlights:   🏈 #Indiana saw $483.8M in bets, with football leading the way. Revenue hit $53.0M, marking a 29% YoY increase.   💰 #Iowa recorded a $270.9M handle, up 10.2% from last year. DraftKings Inc. and FanDuel continue to dominate the market.   🎲 #Delaware posted its highest betting handle since 2018 at $23.2M, and igaming revenue surged 427.3% YoY.