article thumbnail

Twitter-backed ShareChat to shut down fantasy sports app Jeet11, eliminate some jobs

TechCrunch

Indian social media startup ShareChat, backed by Twitter, Tiger Global and Temasek, is shutting down its fantasy sports platform Jeet11 and has laid off some employees. To succeed as India’s fastest-growing social media company, we assess our strategy regularly and make necessary changes to achieve our vision.”

Sport 227
article thumbnail

Sports community platform Stadium Live raises $10M to expand its digital world for Gen Z

TechCrunch

announced its $10 million Series A funding round to continue its mission of bringing fantasy sports to a younger generation. The Canadian startup was founded in 2020 by Kevin Kim and Paul Xu with the goal of gamifying the sports fandom and building a “digital playground” of sorts for Gen Z sports fans.

Sport 233
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Despite the Crypto Winter and other scandals, blockchains seem here to stay in the sports betting market

TechCrunch

According to Grand View Research, the global sports betting market is expected to grow to $182.12 Thus, HotStreak , a web3 platform for daily fantasy sports (DFS) contests, is betting that a decentralizing payments is an ideal solution for DFS platforms. billion in revenue by 2030, up from $76.75 billion last year.

Sport 220
article thumbnail

MLSE looks to revolutionize sports experience with digital R&D lab

CIO

Digital solutions and data analytics are changing the world of sports entertainment at a rapid clip. From how players train, to how teams make strategic decisions during games, to how venues operate and fans engage, sports organizations are turning to software engineers and data scientists to help transform the sport experience.

Sport 188
article thumbnail

Sports venues advance goals, enhance fan experience with data analytics

CIO

Sports fans today have more ways than ever to watch their favorite teams beyond the traditional, live stadium experience, including television, streaming services, even highlights on social media. In response, sports teams and venue operators are working hard to improve and differentiate the in-stadium experience.

Sport 229
article thumbnail

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
article thumbnail

Niantic tries its hand at sports with NBA All-World

TechCrunch

Being that I’m not much of a sports person — my preferred type of game involves controllers and screens — I hadn’t given All-World much thought until Darrell Etherington, TechCrunch’s managing editor, assigned me to write a first impressions piece. Why’d the studio choose this sport for its next AR venture?

Sport 220