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JUST REVEALED FOR 1st TIME: Twitter Sports Betting Data

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Sports betting has been a hot topic on Twitter for quite some time, and it makes sense why 7 out of 10 sports bettors are on Twitter for their betting needs, predictions, drama and memes. The volume of bettor-focused content and the quality of Tweets have drastically increased over the past few years as many states legalized the betting and it was no longer seen as taboo.

Data shows, that Twitter is the preferred resource for sports bettors when it comes to information sources used to place a sports bet, alongside broadcast websites (e.g. ESPN.com, FoxSports.com, etc.).

  • Sports bettors rank Twitter as the #1 place for staying up to speed on sports influencers’ opinions/predictions, injury reports/updates, team stats/records, lineups, Vegas odds, and other sports-related news.

  • 72% of sports bettors check Twitter to follow the status of their live bets once they’ve been made.

On top of being the go-to, the Twitter timeline attracts a premium sports betting audience and has a direct influence on their betting decisions.

  • Sports bettors on Twitter spend 15% more on bets annually, compared to sports bettors on other platforms. And 62% of bettors on Twitter place wagers weekly, which is more frequent than sports bettors on other platforms.

  • 7/10 sports bettors surveyed are on Twitter, and 33% of bettors on Twitter say they wouldn’t make as many wagers if it wasn’t for Twitter.

  • Sports bettors rely on Twitter because of the unique combination of content and conversation they find on the timeline. 36% of sports bettors use Twitter as their go-to source for anything sports betting-related.

  • The Twitter timeline often gives bettors FOMO. 65% of bettors on Twitter are most motivated to place a bet on a big event that everyone is talking about.

  • While Twitter has the veteran sports bettors, it also attracts those new to the game. 51% of bettors on Twitter started betting less than two years ago.

On the other side of the bettors themselves are the sportsbooks, and as they start to act more and more like media outlets themselves, they’re all prioritizing Twitter as a core component of their growth strategy. Sportsbook handles are pumping out content nonstop – from memes (check out witty handles like @DraftKings and @BetMGM for examples) to parlay promotions to breaking sports news – and many are developing Twitter-centric activations to directly engage fans.

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Caesars Entertainment Closes Sale of the LINQ Promenade

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Caesars Entertainment announced the closing of the previously announced sale of the LINQ Promenade to a joint venture formed between TPG Real Estate (TPG) and the Investment Management Platform of Acadia Realty Trust (Acadia) for $275 million. Concurrent with the closing of the transaction, Caesars made a $275 million voluntary prepayment of the Term Loan B due 2030 with the proceeds from the transaction.

Latham & Watkins LLP and Brownstein Hyatt Farber and Schreck LLP represented Caesars on the transaction. Kirkland & Ellis LLP provided transaction counsel to TPG & Acadia.

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Latest News

The Stampede Continues with Aristocrat Interactive’s Buffalo Gold Max Power

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Aristocrat Interactive, Aristocrat’s online Real Money Gaming (RMG) division, announced that the stampede continues with the launch of Buffalo Gold Max Power in the US. This marks the fifth online game in the award-winning and iconic Buffalo portfolio, following the success of Buffalo, Buffalo Gold Collection, Buffalo Chief, and Buffalo Gold Revolution.

Buffalo Gold Max Power builds on the legacy and popularity of Buffalo Gold, a fan-favorite in land-based casinos. This online adaptation is born to entertain with new features powered by Aristocrat’s proprietary Max Power mechanic, offering players up to 46,656 ways to win free spins and collect Gold Buffalos. With dynamic reels that vary from 2 to 6 symbols on every spin and a redefined feature, Buffalo Gold Max Power is ready to create a stampede of excitement.

“For more than a decade, our iconic Buffalo games have captivated players as some of the most iconic slot games in land-based casinos. With Buffalo Gold Max Power, we’re bringing this timeless favorite online with enhanced gameplay and features that players will love. The launch in New Jersey is an exciting milestone as we continue to deliver innovative and memorable gaming experiences globally,” said Josh Morris, SVP Content at Aristocrat Interactive Content & Aggregation.

Earlier this year, Buffalo was awarded the winner of the Top Performing Omni-Channel Slot at the EKG Awards. The launch of Buffalo Gold Max Power is the latest step in Aristocrat Interactive’s strategy to expand Aristocrat’s industry-leading content portfolio into the online space. The game is currently available with online operators in New Jersey, Ontario, Canada and the UK, with more markets to follow overtime.

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Compliance Updates

JCM Global Receives Approval to Operate in West Virginia

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JCM Global announced that it has successfully passed regulatory review and received a manufacturer’s license from the West Virginia Lottery Commission. The license enables JCM to directly sell to and service customers in the state.

“At JCM, we are committed to our customers. While attaining licensing was not required, we pursued it because it allows us to directly provide JCM’s leading technology and advanced systems, backed by our world-class service, and support, resulting in faster service times and simplifying the entire relationship between JCM and our customers,” said JCM SVP – Sales, Marketing & Operations Dave Kubajak in a statement.

JCM recently announced it has attained licenses in Colorado and New Mexico, bringing the company’s total number of active gaming licenses to 177.

In West Virginia, JCM will provide technology, including the iVIZION bill validator; ICB Intelligent Cash Box System, which boosts security and efficiencies across the gaming floor; and the GEN5 thermal printer, which delivers TITO, personalized promotions, and rewards directly to the player.

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