Archives for October 2011

Cantor Gaming goes live with Android sports betting app

 Cantor Gaming, which operates the race and sports books of such Las Vegas casino powerhouses as the Hard Rock Hotel & Casino, the Tropicana Las Vegas, the Cosmopolitan of Las Vegas and The Palazzo, said Wednesday that it has released an Android sports wagering application.

Approved by the Nevada Gaming Control Board, Cantor’s Android application works in the state of Nevada. GPS in mobile devices will prevent consumers from placing action in other states. Cantor is a leader in “in-running,” which is the ability to place proposition bets on sporting events on an on-going basis. In-running means that you can bet not only on the outcome of a game, but on individual plays. In-running is the fastest growing segment of the $2.76 billion legal sports betting industry in the United States. According to the American Gaming Association, legal sports wagering represents less than 1 percent of all sports betting in the United States.

Cantor Gaming customers currently use this device to place in-running bets at casinos. A new Android smartphone application enables them to place similar bets anywhere in the state of Nevada.

Advocates have called for reform of U.S. laws, which they say unfairly prohibit U.S.-based companies from providing sports betting services to mobile devices. Billions of dollars in illegal betting activity flows through offshore casinos, they say. If U.S. gaming laws are reformed, Cantor Gaming and other innovators will be positioned to capitalize on legalized gaming at NFL, NBA, MLB, NHL and college sports events in the United States. Research firm Gartner Group estimated that global mobile gaming revenues reached $5.6 billion in 2010, and predicted the market would grow to $11.4 billion dollars by 2014.

An In-running Super Bowl Scenario

What does in-running on smartphones mean for the average sports fan?

Imagine it is Super Bowl Sunday. Your favorite team is the New York Jets, and Rex Ryan finally made good on his promise to LaDainian Tomlinson to get the Jets to the big game. They are playing the Green Bay Packers. It is third and seven yards to go, and Aaron Rodgers has his team in the huddle. The Jets are on defense, and Darrelle Revis looks confident out on the island.

In-running means you might get an offer of seven-to-one that Rodgers will make a completion of Greg Jennings, and an offer of 157-to-one that Revis will make a pick six.

You place the longshot $5 wager on your man, Revis.

After Rodgers gets pressured from the Jets’ Aaron Maybin, he gets too much air under his pass. Revis reacts, taking the ball back seventy-four yards for a score.

There’s a flag, and you sweat.

Holding…Green Bay.

Moments later, $785 appears in your Cantor betting account.   

Cantor promotion, CEO quote

To promote its application, Cantor is giving away Android devices to its highest-rolling customers, and offering discounts on smartphones to others.  

“Cantor Gaming’s primary goal and focus is to constantly enhance our customers’ experience through innovative, superior technology,” said Cantor Gaming president and CEO Lee Amaitis. “Our team has developed an application that is real-time, convenient and enjoyable, while incorporating the most advanced and reliable security.”

Cantor is the second Nevada-based gaming company to offer a mobile wagering application, according to a Las Vegas Review-Journal report. American Wagering, which operates a chain of race and sports books called Leroy’s, released Blackberry- and Android-compatible apps earlier this year.

Cantor Gaming is a unit of Cantor Fitzgerald, a Wall Street investment firm that was devastated by the 9-11 attacks. It uses the same technology used to manage Wall Street hedge funds to set fair odds for in-running propositions.

Big dollars flow offshore

An estimated $380 billion annually in illegal sports betting is conducted in the United States annually, according to National Gambling Impact Study Commission. Much of that is conducted through the online portals of offshore casinos, which are widely known to provide poor customer service and slow payouts. Illegal sports transactions conducted through offshore casinos generate no tax revenue for the federal government or U.S. States.

As the Nevada economy and the United States economy have floundered, proponents of legal sports betting using mobile devices have argued that federal law hamstrings domestic competition and channels gambler dollars’ offshore.

The Professional and Amateur Sports Protection Act, passed by Congress in 1992, and the Unlawful Gambling Enforcement Act, passed by Congress in 2006, are currently among the impediments to legal sports gaming on mobile devices and iPads throughout the United States.

 

How-To Twitter: 5 Winning Sports-Biz Game Plans

Editor’s note: While some people still think there is room to debate whether Twitter matters or not, many participants in the sports arena have already fully embraced the microblogging service and are already using it to a business advantage. Here are five sports-business outlets MSR editors already see using Twitter to a great advantage, for self-promotion, fan engagement and as a way to stay in the front of the competition.

1. Jim Rome (@jimrome) and The Jim Rome Show: Clone input, Sports Bro-mance and a quick way to follow

Jim Rome, host of radio's The Jim Rome Show and ESPN's Rome is Burning


To the “clones” who call in to his popular radio show, Jim Rome is known by handles like Van Smack, Romey, and many other permutations. But the one trending in popularity is @jimrome, the official Twitter address for both Rome and his show, due to both Rome’s adept adoption of Twitter culture as well as an out-front business decision to use Twitter to drive traffic and increase audience engagement.

As someone whose show has a motto of “have a take, don’t suck,” it is probably no surprise that Rome & Co. excel at Twitter’s short-message format. Even when he’s not on the air Rome brings his brand of “smack” to sports via @jimrome, typically best when there is a big nighttime TV event where he can chime in on Twitter with a Rome-flavored take second after it happens.

Rome also uses Twitter actively to promote the show, tweeting links to audio clips from guest visits, a great way to engage an audience outside of those who listen live. Rome also salutes, links to and promotes guests and other sports figures on Twitter, especially relevant as more and more professional athletes use Twitter as a sort of public/private communication channel.

And both the radio show and the ESPN show encourage listeners and viewers to engage with Rome via Twitter, reading tweets on the air and using them to help select topics to cover each day. True to the confrontational nature of the program you can get “run” if your take happens to suck but in sports and Twitter that is part of the fun of playing. By fully embracing Twitter as just another way to take “a call,” Rome and the Jim Rome Show are giving themselves an excellent chance to ride the Twitter bandwagon to bigger audiences and better business. With just more than a half-million Twitter followers, @jimrome is clearly out in front.

2. ESPN: Everyone in the Twitter Pool

While it’s no surprise that ESPN is all in when it comes to Twitter, we have to say that there are two surprising uses of the service that might seem at odds with ESPN’s overall business plan: First, the network apparently has few restrictions on what its reporters can post on Twitter, which can raise questions about where ESPN breaks news — on its own site, or on Twitter? Second, ESPN has fully embraced Twitter as a way to bring viewer comments into its shows, even broadcasting Tweets with Twitter handles — which could seem at odds with ESPN’s own user registration system, which conceivably drives business by getting people to consume more ESPN content.

Though we haven’t had the chance to sit down with anyone at ESPN yet to hear whether or not such strategies are debated, it’s pretty clear that ESPN is not letting its own business concerns keep it from also benefiting from Twitter’s groundswell among sports fans. And by allowing its “talent” like Adam Schefter and John Clayton to post volumnous updates on Twitter at the very least ESPN is keeping its brand at the forefront of Twitter simply by letting its reporters do what they do best — deliver breaking news and analysis. Points to ESPN for doing Twitter first and leaving the business stuff to figure out for later.

3. Verizon Wireless: Twitter ‘chats’ Promote NFL Mobile Service

Even if you don’t have a Verizon Wireless cellphone and therefore can’t use the company’s NFL Mobile service, you can still get on the Verizon bandwagon thanks to Twitter, where the company regularly hosts “chats” or live Twitter conversations with NFL athletes as a way to promote the service. No way to tell whether or not Verizon’s Twitter chats are helping sell any more iPhones or HTC Thunderbolts, but at the very least Verizon is doing a perfect job of using Twitter to leverage its exclusive cellphone agreement with the NFL to establish its brand as a fan-enabler. That can’t hurt when it’s time for Twitter followers to upgrade their mobile device.

4. Tour Tracker: Using Technology to Bring Twitter Users Along

For bicycle racing fans who weren’t near a TV there was no better way to follow some of the best action this past summer than via the Tour Tracker application, which was licensed and sponsored for some events by team sponsor Radio Shack. What made the Tour Tracker (or “Shack Tracker”) especially cool during events like the Quizno’s U.S. Pro Cycling Challenge was the app’s ability to incorporate fan tweets on the fly — a great way to use technology to bring fans closer to the event and to bring a layer of community to the coverage that simply hasn’t been available before. At MSR we expect to see more Twitter incorporation during 2012 — perhaps even a live Twitter crawl during a major event? If so pioneers like Tour Tracker will reap rewards for paving the way.

5. San Francisco Giants: A Full Twitter Embrace

@SFGiants & Twitter from TwitterHQ on Vimeo.

There couldn’t have been a better season for the hometown combination of Twitter and the San Francisco Giants than 2010, when the underdogs in orange and black won the World Series. Though the team’s Twitter strategy didn’t help it win any games it’s safe to say that there might not have been a fan base more ready to embrace a full-on Twitter strategy than the folks who fill AT&T Park. The video above is a good recap of how the Giants embraced Twitter fully, and how now its fans expect to be able to see highlights, get news and other information simply by following the Giants on Twitter. And Twitter, likewise, uses the Giants’ plan as the starting point for its list of ways sports organizations can use Twitter to help themselves. Never too late to start!

Former AOL Sports Leader Says “Sports Always Drives Adoption of New Technologies”

PlayUp Brings Broad Strategy, $73 Million Warchest to Sports Social Media

An interloper from Australia, backed with a warchest of $73 million, entered the sports social networking arena this week.

PlayUp, released to U.S. markets on Oct. 20, is an iPhone and iPad application that allows people to get scores and stats for NFL, college football, NHL, NBA, MLB, and MLS games, and create private and public discussions by contacting Facebook friends or other directories.

“There is no better platform for social interactivity than sports, but until now the industry has been unable to marry live sports and social,” said Jonathan Press, CEO of PlayUp USA.

Greater than 56,000 free PlayUp applications have already been downloaded through Apple Inc.’s App Store since release, making it one of the five most downloaded sports social media applications downloaded to date. PlayUp plans to release a second version of the application in December, which will include the ability to buy premium content.  

Company backers include George Tomeski, a former managing partner at the advertising agency George Sydney, and Luke Bunbury, former head of strategy for the whole finance group of Austalia-based Challenger Financial Services Group, Ltd.

The company used three different investments rounds to raise more than $73 million, according to a report published by the Melbourne, Australia-based small business news website StartUpSmall.

The PlayUp slogan is “where sports gets social.”

Release of PlayUp changes the competition among developers of sports social media applications. First, PlayUp is looking to provide comprehensives sports scores and statistics to its users, as opposed to an interface that tightens the consumer’s social media focus on a single game. Second, it is most interested in an electronic-commerce strategy, as opposed to an advertising- or sponsor-driven model, which will force other developers to consider whether that’s the best way to make money through sports social media. And third, its tight intergration of Facebook as a means to invite interaction forces other application to developers to consider similar connectivity with the social media behemoth or face being left in the dust.

 

 

 

 

Why Do Some People Still Question Twitter?

I still encounter people that say that Twitter is a fad, and will soon pass. I imagine that some day it will be relegated to the technology trash bin as so many technologies have, but I doubt that is in its near future.

Last Saturday while watching a football game at the local pub the person next to me proclaimed that only narcissist movie stars and athletes used it. Aside from being amazed that he knew what narcissist meant, I was a bit surprised since it has become so prevalent. But his opinion is one that I still hear, although less and less, but even MIT linguist Noam Chomsky recently blasted social media as “superficial, shallow evanescent”

This doubting just goes in the face of the rising tide that is Twitter. Just this week the New York Times ran a piece on how the Republican Party has embraced Twitter as a tool for the next presidential election after dismissing it as unimportant in 2008 at a time when the Democrats had adopted the technology.

Twitter CEO Dick Costolo said a week ago that it is now seeing 250 million tweets a day, up from 100 million at the start of the year. During an interview at Web 2.0 Summit in San Francisco he also said that the company now has 100 million users, with half logging in every day.

CNBC has a brief article, or rather a dreaded slide show, called the world’s 10 most tweeted moments. The article does not state where the info comes from or why it said that when the news of Steve Jobs death broke it averaged 6,000 tweets a second but that did not make the top ten, and then goes and lists others with less tweets per second in the top 10 list.

Still the list provides a good look at what people find the most interesting/important news and events to tweet, with natural disasters and sports being the clear cut leaders. While an outsider might think that most tweeting is done by athletes, politicians and movie stars the huge numbers that are generated, and their global aspect, show how ubiquitous this technology is becoming, and according to the article there are roughly 5 billion tweets a month already.

The list starts with Osama Bin Laden’s death at #10 with 5,106 tweets per second and then in descending order includes the East Coast Earthquake, last game of the 2011 NBA finals, Japanese earthquake and tsunami, Champion League Final between Barcelona and Manchester United, 2011 BET Awards, New Years Day in Japan 2011, Brazil eliminated from Copa America, and the FIFA Women’s Cup.

The top tweeting event, I have to admit, caught me by surprise. It was Beyonce revealing her baby bump at the 2011 MTV Video Music Awards on August 28, 2011, with 8,868 tweets per second. Of course considering that she has roughly 2 million followers on Twitter that should probably be no surprise.

Still sports is hugely represented, and Twitter clearly understands its importance to sports and vice versus. It has published a guide on how to use the technology and pointed out best practices from teams that have already embraced the technology. A look at what the company can be read in a nice piece written in MSR by John Evan Frook.

When you look at the numbers from the CNBC piece the first few are fairly close and then it starts to spike upward, with the numbers growing at a fairly rapid pace. The growth has no real time line as some of the higher tweeting events are early in the year

I think that it is a fairly safe prediction that within a year, most if not all of these numbers will be crushed by newer events such as the Superbowl, the BCS Championship game, election news and the natural disaster of the day. The list shows that the technology has a broad, deep and growing appeal with strong hooks in both world events and sports, both local and world. Anybody or organization ignoring this risks marginalizing themselves to important segments of the public.

Monday’s Tech Tidbits-AT&T loves Wi-Fi!

Looking for a Wi-Fi hotspot? Well according to AT&T the number has been growing by leaps and bounds as users made 301.9 million AT&T Wi-Fi connections in the third quarter. The biggest growth areas? Stadiums and hospitality facilities.

Motorola Mobility seeks to reestablish Razr with the new Droid Razr, an LTE Android smartphone expected to be released next month. Can the company regain its pre-iPhone glory?

I feel old this morning. Apple’s iPod turned 10 years old last Sunday.

Google delivered Ice Cream Sandwich last week replete with a host of features-the first product with the new OS is Samsung’s Galaxy Nexus. I wonder how developers like it compared to the rival iOS or earlier Android versions?

Looks like Samsung’s Galaxy Tab 7 Plus tablet is headed to the US. Expect it to cost around $400 for the 16GB version and be available Nov 13th from Best Buy and Amazon, according to Gizmodo.

Apple’s iPad market share has peaked. Apple’s iPad market share is growing. Who do you believe? Speaking of bad iPad news stories are emerging that you can partially hack an iPad2 with a simple magnet.

Microsoft says that it will target the mid-market smartphone segment with future releases of its Windows-based phones. Rumor is that a platform code-named “Tango” is in the works, following up on its current “Mango” release.

Continued bad news for BlackBerry– a study by Enterprise Management Associates shows that 30% of RIM users in enterprises with 10,000 employees or more plans to switch to a different platform.

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