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LSports Announces Launch Of Tennis Betting Simulator

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New System Allows Bookmakers To Take Action On Historical Tennis Matches

LSports, the industry leader revolutionizing sports betting with real-time data API, today announced the launch of its Tennis Betting Simulator in an effort to help sportsbooks continue to do business while the majority of sports leagues around the world remain shuttered due to the coronavirus pandemic.

This offering is the perfect solution to bookmakers that allows them to operate while live tennis remains on hiatus. The product provides a lifeline to sportsbooks that have completely lost their tennis revenues without any definitive timeline as to when those might return.

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The Tennis Betting Simulator leverages LSports’ historical tennis database which has cataloged over one million different tennis matches and associated statistics — down to each and every point. Each match features its original pre-match and in-play odds, backed by high-quality visualization mirroring the precise action that previously took place on the court along with a variety of features, all resulting in increased turnover engagement rates.

The player names, tournaments, dates, and times have all been changed. Using distorted names of top active and hall of fame players to increase the bettors’ engagement in the matches. The real information regarding the actual participants, the specific tour, date, and time of the historical match will be revealed to bettors after the conclusion of each simulated match. This practice will legitimize the simulations and allow bettors to verify their historical accuracy.

“Sports fans around the world are starved with nearly every league shutting down operations indefinitely,” LSports co-founder and CEO Shaul Lazar said. “Our Tennis Betting Simulator can help satiate that hunger and allow sports gambling enthusiasts to partake in the hobby while leagues’ doors remain closed. We’ve created a system that precisely redevelops historical tennis matches while maintaining their integrity, providing sportsbooks a solution that will reopen tennis revenues.”

Additional features of the Tennis Betting Simulator include:

  • Over one million historical matches
  • High-quality matches featuring, best-of-five, best-of-seven, best-of-nine games and full-set formats
  • Up to 500 matches played per day
  • 24/7 matches
  • Features both pre-match and in-play betting markets such as game-winner, point winner and match-winner
  • Visualization features that include ball movement, heatmaps, shot placements, score changes, and statistics

LSports’ Tennis Betting Simulator is already available. The company provides real-time sports data solutions for bookmakers, affiliates, and media groups. In addition to traditional sports, the company also provides comprehensive esports data feeds including major games such as FIFA, Dota 2, LOL, and CS:GO, along with vast offerings of table tennis, virtual sports, racings, and special bets. Overall, LSports covers over 60 sports, standing on an average of 35K in-play and 105K pre-match events per month.

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Press Releases

Gaming Innovation Group is contemplating a bond tap issue

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Gaming Innovation Group Inc. (“GiG”) has mandated ABG Sundal Collier and Pareto Securities as managers to arrange a series of fixed income investor meetings commencing on 17 June 2024. GiG is contemplating to issue subsequent bonds under GiG’s existing senior secured bond framework with ISINs NO0013024018 (the “EUR-tranche”) and NO0013095687 the (“SEK-tranche) in an expected amount of EUR 15 million equivalent. Subject to, inter alia, market conditions a capital markets transaction may follow.

For further information, please contact:
Tore Formo, Group CFO, [email protected], +47 91668678

 

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The post Gaming Innovation Group is contemplating a bond tap issue appeared first on European Gaming Industry News.

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Ixia launches $20 million global gaming venture Fund and Studio

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Ixia Capital, a venture capital fund and studio, has launched with an investment of $20 million focused on high-growth companies across gaming, esports, digital assets, and complementary technologies.

The fund has been founded by partners with deep firsthand iGaming industry experience, enabling entrepreneurs to realise innovative ideas, technologies, and transform business models into profitable companies.

Ixia Capital is a global fund with a focus in India, Africa and UAE where the mission is to accelerate development and manage risks to help ventures succeed in specialised fields. The fund is based in the Cayman Islands, while the Ixia Studio is headquartered in the USA.

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Ixia Capital CEO and Venture Partner Mona Motwani, said: “It’s a proud moment for us to officially launch Ixia Capital. Our mission is partnering with driven entrepreneurs to equip them with resources, expertise, exposure and capital that allow them to build the best ideas into great companies. Through this hands-on approach, Ixia is all about accelerating ideas and mitigating risks.”

Ixia Studio, the venture studio arm of Ixia Capital, is in the process of launching six disruptive projects – FasFas Games, a Sports NFT Trading Exchange, a Gaming Loyalty Reward Platform, Sports Investment Thought Leadership Platform, and a Sports Coverage and Games Engagement App. The role of the Studio is to provide funding, resources, and operational support to help entrepreneurs build and scale companies.

The post Ixia launches $20 million global gaming venture Fund and Studio appeared first on European Gaming Industry News.

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SPOTLIGHT SPORTS GROUP AGREES NEW DEAL WITH HONG KONG JOCKEY CLUB

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Spotlight Sports Group (SSG), a world-leading technology, content, and media company specialising in sports betting, has signed a deal to extend a multi-year agreement with the Hong Kong Jockey Club (HKJC).

The long-term partnership, powered by the Racing Post, will promote Hong Kong racing to a worldwide audience through the provision of full racecards for the Hong Kong Jockey Club meetings at Sha Tin and Happy Valley, editorial and tipping content. The partnership will also enable free-to-view live streams and replays of all Hong Kong racing via Racing Post digital platforms.

The collaboration also sees the promotion of the HKJC’s World Pool initiative, specifically with editorial, tipping and signposting of World Pool meetings. Spotlight Sports Group is delighted to have this agreement in place before Royal Ascot, a meeting that not only features high-class horse racing, but five days of World Pool betting.

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James Fitzpatrick, Account Director for B2B Content Services at Spotlight Sports Group, said: “The Hong Kong Jockey Club is one of our key partners and I’m delighted we will be continuing our relationship. Extending this deal ahead of Royal Ascot will allow us to continue to promote World Pool days to a global audience during one of the biggest international meetings of the year.”

The view was shared by Michael Fitzsimons, Executive Director, Wagering Products of the HKJC: “The HKJC and Racing Post are two of the most powerful and respected brands in the horse racing industry and we can see many great opportunities to work together to achieve our goals and longer-term vision throughout the life of the agreement.”

 Spotlight Sports Group aims to support the global betting, horse racing and fantasy sports industries.

The post SPOTLIGHT SPORTS GROUP AGREES NEW DEAL WITH HONG KONG JOCKEY CLUB appeared first on European Gaming Industry News.

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