May marks the 5th anniversary of PASPA (The Professional and Amateur Sports Protection Act) being overturned. Our CMO, Jed Corenthal, authored a piece for Sportico about the future of sports betting in the U.S.
Today, 37 states in the U.S. (plus Washington, D.C.) have some form of legalized sports betting, and another nine states are in various stages of legalization from proposed bills to legislative votes coming later this year (e.g., Maine and Minnesota)
But who is winning the sports betting game? Sportsbooks who have something to gain from the continued legalization of sports betting? Sports broadcasters and leagues? Fans who stay with games longer if they have a vested interest? The answer is all the above.
One thing that was clear from our conversations at SPORTEL, SBC Summit, and Streaming Media East is real-time video and interactivity are the present and the future for fan engagement, sports betting and interactive media.
Similar to the opening panel at the SBC Summit North America, there's an ambition across SportsTech organizations to prioritize Fan Engagement. By putting fans at the center requires synchronized viewing and real-time interactivity.
From the Blog
The MLB Pitch Clock: What it Means and Its Impact
As players, fans and umpires adjust to a pitch clock in MLB, we thought we'd take an early look at how it's affecting the game.
Fanatics Acquire PointsBet! Now What?
Fanatics jump started their sports betting business by acquiring PointsBet and the 15 states licenses that come with it.
Congratulations to our partner Racecourse Media Group for expanding the reach of their Watch and Bet solution to BetVictor and its brands.
Further proof that a real-time Watch & Bet solution can increase engagement and betting turnover. With “in-play betting being able to grow turnover in racing by 5%,” Watch and Bet is something every sportsbook should incorporate to drive handle.
Darren is an Army Veteran, Emmy award winning, industry-leading media executive and technologist with experience leading global media and internet companies in New York, Hollywood, and Silicon Valley.
Currently, Darren is the Co-founder and CEO of venture backed startup, Vizbee.tv, located in New York City. Vizbee is the world's first mobile and TV continuity platform which accelerates the growth of Over-the-Top (OTT) streaming businesses through a unique approach to home device sensing, interactivity and cross-device household targeting data. Prior to Vizbee Darren held roles including EVP, CTO at NBC Universal and CEO of Conviva.
As a longstanding member of the Phenix Board, Darren brings a unique blend of experience spanning TV production and distribution, media technology development, big data, fund raising, enterprise and consumer business development, intellectual property, and organizational leadership for companies of all stages giving him a unique perspective on the digital media marketplace.
He has been a force behind many convention-breaking achievements including the creation of Hulu, the first "digital" Olympics coverage, TV Everywhere, early interactive TV applications, and the digital transition of TV. Darren resides in Connecticut, is a father to 3 and is an active lacrosse player, Yogi, skier and guitarist.
