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Sports betting apps are exploding, and experts worry about young users

The Hustle

Here: Americans wagered $106B+ on sports between January and November 2023. That was made possible by a 2018 Supreme Court ruling that ended a federal ban on sports betting. And sports betting apps are gaining steam: PrizePicks is Apple’s most downloaded free sports app. 12 in Apple’s App Store sports app rankings.

Sport 104
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Veo raises $25M for AI-based cameras that record and analyze football and other team sports

TechCrunch

Sports have been among some of the most popular and lucrative media plays in the world, luring broadcasters, advertisers and consumers to fork out huge sums to secure the chance to watch (and sponsor) their favorite teams and athletes. Even with the slowdown in a lot of sporting activity this year due to COVID — in the U.K.

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Eksab gets $3M to scale its fantasy football platform across MENA and Africa

TechCrunch

Football or soccer, the latter commonly used in the US, is the most popular and watched sport globally with over five billion football fans according to its apex governing body , FIFA. Founder and CEO Aly Mahmoud started Eksab in 2018. ” Sorare raises $680 million for its fantasy sports NFT game. and Europe.

Sport 246
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NEX raises $25M, launches Active Arcade to get people moving

TechCrunch

Most people opt for sedentary entertainment that involves minimal movement like watching movies or streaming live concerts, playing video games and throwing virtual parties. Many other leaders in sports, media and technology have also baked NEX. The Series B round brings NEX’s total raised so far to $40 million.

Sport 248
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Refract raises $8.5M SGD funding, announces new game development division 

TechCrunch

In 2018, three co-founders of Refract, Chong Geng Ng, Michael Chng and Eugene Koh, worked on a gaming-related project and encountered a problem statement: How would one bridge the gap between gaming and physical activity? The Series A round brings Refract’s total raised to $9 million.

Games 246
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10 celebri disastri provocati dall’intelligenza artificiale

CIO

Air Canada paga i danni per le bugie del chatbot Nel febbraio del 2024, Air Canada è stata condannata a pagare i danni a un passeggero [in inglese] dopo che il suo assistente virtuale gli aveva fornito informazioni errate in un momento particolarmente difficile.

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How Big Data Has Transformed Sports

BrainStation Technology

In a relatively short period of time, big data has become a big business in professional sports. The market for sports analytics is expected to reach almost $4 billion by 2022, and teams around the world are racing to find a competitive advantage. The way we play may soon never be the same. And big data played a big role. .

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