Hey Sports Tech Fans,
Some great insight from @swissramble on the Deloitte Money League.
If you are interested in the finances of European soccer clubs, then I highly recommend giving him a follow.
The Streamlabs and Newzoo live streaming report in the world of gaming and eSports is a fascinating read. 2019 was quite the year for eSports and live streaming, with the market reaching mainstream attention in a big way and with the streamer wars you have seen Microsoft, Youtube and Facebook using their financial and network muscle to come after Amazon’s Twitch.
In the gambling world, the UK will ban the use of credit cards for online gambling from April, which is a good move in my opinion.
Gambling has seen a huge boon since the US removed old laws to allow states to legalise if they want to, but lessons should be learned as gambling is as much of a danger as it is a way to have a little extra fun to enjoy sports.
There are also reports of banning gambling shirt sponsors in the UK and it won’t be long before we see some legislation on advertising in the space.
In the UK, ads before during and after live sport are dominated by gambling company ads, which poses a lot of problems.
On the sporting front, Conor McGregor returns to fight in the UFC, which is always good for the box office numbers. This time around the fight will be on Pay-Per-View instead of on sports channels in the UK, Ireland, Australia and New Zealand, so could a new record be set? We should get the numbers next week and I will be sure to report on that whether it’s a record or not as this is a big move from the UFC to go further behind the paywall, in the hopes of driving revenues even further.
In related UFC news, they have signed a deal with Facebook Watch to create exclusive content to drive more sales for their PPV offerings. UFC do hype videos extremely well so this might drive revenue even further.
Have a great sporting weekend,