century pop culture'. What has been the impact of esports' pop-culturalisation?
Te culture surrounding esports is huge and currently, there is only a minor overlap with betting. Te potential for a multi-billion industry integrating with the betting industry is huge. In terms of that movement, we are early on. If you look at how integrated betting is with most sports, in some cases it powers them – the acquisition of data, advertising and partnerships. Esports is working in the other direction.
Operators can’t adopt a blanket esports approach – esports isn’t a territory waiting to regulate such as America. Te gold rush is already happening. Esports isn’t a tab to put between darts and futsal. It is not a sport, but a multiple of sports.
Conversations around esports need to move on from whether this is going to be the year for esports. What do esports players like? What do they consume? What is the future of CS:GO? Why didn’t Overwatch work? How does Valorant catch up? What is the future for esports in Brazil as licences are handed out? What’s the best way of acquiring esports players? How does affiliation work in esports? Tese are some of the topics we should be discussing.
From an integration perspective, how can
operators make the process as painless as possible?
Work with a partner who understands your needs and what you are looking to achieve. Operator roadmaps and tech stacks are incredibly filled, mostly with compliance. Most tier-one operators will make four or five decisions in their product roadmap for the following six-12 months and that’s it. Direct integrations must therefore be watertight and easy to understand.
If a direct integration isn’t possible, work with partners who have good access to esports data via aggregation platforms, hence our partnerships with Sporting Solutions and OpenBet. Suppliers need to understand the pain points for operators and show that esports can be integrated with minimal costs in time and investment.
Why is there a hesitancy around esports?
People are afraid of esports because they don’t understand it, and this is another reason we wanted to publish the white paper. Tere are bodies such as ESIC and experts like ourselves who closely monitor betting behaviour.
Te error rate isn’t nearly as high as the major sports. Te data doesn’t back up the level of concern, so we have attempted to understand
People are afraid of esports because they don’t understand it, and this is another reason we wanted to publish the white
paper. The data doesn’t back up the level of concern, so we have attempted to understand
where this worry comes from and address it in the white
paper. Taking a punt on esports means going all in.
where this worry comes from and address it in the white paper. Taking a punt on esports means going all in.
What does going all in mean?
Suppliers need to take some responsibility for this and shouldn’t be throwing in esports as part of a package because it will never thrive. Putting the right effort in means making decent procurement decisions and doing it now because acquisitions costs will go up.
Tere will only be a certain number of operators per region who will do particularly well with esports. Ultimately, a holistic approach is required. Don’t treat esports as an afterthought because there is money to be made and good product to be created.
NEWSWIRE / INTERACTIVE / MARKET DATA P125
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