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Optimove Insights Releases Euro 2024 Wagering Intentions Report, Provides Essential Guidance for Sports Betting Sites
Report offers in-depth analysis of European bettors’ wagering intentions and communication preferences, providing valuable insights to help sports betting sites optimize their offerings
Optimove Insights, the analytical and research arm of Optimove, today announced the release of its comprehensive report, “Optimove Insights: Wagering Intentions for Euro 2024.” This report provides an in-depth analysis of European bettors’ wagering intentions and communication preferences, offering valuable insights to guide sports betting sites in optimizing their offerings, enhancing player experiences, and fostering player loyalty while promoting responsible gambling practices. Optimove is the first Customer-Led Marketing Platform and the #1 CRM Marketing Solution used by iGaming operators.
Key Highlights from the Report:
- High Engagement Levels: The report reveals significant engagement among bettors, with 58% placing bets on one or more games weekly and 29% betting several times per week. Additionally, 76% of participants bet at least once a month, indicating consistent interaction with sports betting platforms.
- Diverse Betting Preferences: Over/under bets are the most popular, favored by 46% of respondents, followed by prop bets at 39% and parlays at 35%. Bettors also show varied interest across different game types, with 46% betting on National Cup Games, 48% on national team tournaments or friendlies, 54% on national league season games, and 57% on Champions League or European tournaments.
- Respondents will bet on Euro football whether or not their team is in the hunt. Eighty-four percent (84%) will still bet on games without their national team.
- Future Betting Intentions: Looking ahead, 81% of respondents indicated a strong intention to continue betting, with over/under bets remaining the top choice at 41%, closely followed by moneyline bets at 40% and prop bets at 19%.
- Real-Time Interaction: A notable 83% of bettors engaged in live betting during games, highlighting the opportunity for betting platforms to interact with users in real-time and enhance their overall experience through timely updates and in-game betting options.
- Influence Factors: The top factors influencing betting decisions were player performance (52%), betting promotions (47%), and expert analysis or predictions (47%). This indicates that both intrinsic factors, like player stats, and extrinsic incentives, such as promotions, play crucial roles in decision-making.
- Marketing Fatigue: Marketing fatigue has been a persistent issue for general consumers, it is much less of an issue with Euro 2024 bettors. However, Euro respondents said the number one reason they stop using a site/app is too many or irrelevant marketing messages.
Recommendations for Sports Gaming Sites: The report emphasizes the critical role of a strong data foundation and clean testing frameworks to fully extract the value of AI in marketing. Key strategies include integrating a Customer Data Platform (CDP) with a Multichannel Marketing Hub (MMH), which can significantly enhance the effectiveness of marketing efforts by delivering real-time, relevant, and timely messages to players. Best practices to optimize player marketing include:
- Comprehensive player insights through CDP-MMH integration.
- Automated personalization of game recommendations and bet types.
- Real-time event triggers enhance engagement.
- Consistent cross-channel messaging.
- Segmented targeting based on betting history and preferences.
- Behavior-based automation workflows.
- Personalized promotions and optimal message delivery timing.
- A/B testing and continuous optimization.
- Integration of responsible gambling resources.
- Transparent communication and ease of use across platforms.
- Identification of high-value players and potential addiction risks.
According to Pini Yakuel, CEO of Optimove, “The results of this report provide a clear guide for sportsbook operators to deepen player loyalty and optimize customer lifetime value. Euro 2024 is an incredible opportunity for operators to build even deeper relationships with both current and new players.”
The post Optimove Insights Releases Euro 2024 Wagering Intentions Report, Provides Essential Guidance for Sports Betting Sites appeared first on European Gaming Industry News.
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Flutter Entertainment named as headline sponsor of ICE Sustainable Gambling Zone
Clarion Gaming has announced that Flutter Entertainment, the parent company of the world’s leading online sports betting and iGaming operator, will be the headline sponsor of the Sustainable Gambling Zone (SGZ) at ICE Barcelona, the world’s biggest gambling technology exhibition which will be attended by 55,000 gambling industry professionals.
Flutter, which has been a long-term supporter of Clarion Gaming’s safer gambling undertakings, is also making a donation to ICE Barcelona’s safer gambling charity fund as well as having its own stand to showcase how Flutter is changing the game for good by providing education, tools and support to help everyone Play Well, on the SGZ.
In 2022 Flutter introduced its Play Well strategy to support its customers in making informed choices and managing their betting and play responsibly. Flutter set itself the target of having 75% of active online customers using a Play Well tool by 2030. By the end of Q2 this year (2024), 47.5% of customers were already engaged with these tools – double from FY 2022 – marking steady progress towards our goal. This effort has been supported by a significant investment – over $101m in 2023 – in research, product development and marketing.
Ewa Bakun, Clarion Gaming’s Director of Industry Insight and the person responsible for introducing the Consumer Protection Zone to the ICE show floor in 2018 said: “I am absolutely delighted to be able to confirm Flutter as our headline sponsor. I regard this as being a game-changer for SGZ which is being officially launched in Barcelona after undergoing a re-brand. The rebranding to the Sustainable Gambling Zone, which was a decision taken in partnership with our industry stakeholders reflects a deeper understanding of the importance of early interaction. By focusing on the identification of potential risks earlier in the player journey, it’s possible to prevent harm before it escalates.”
Jane Palles, Group Head of Safer Gambling, Flutter added: “Our customers are at the heart of everything we do, and we want them to have an entertaining, positive experience with us. We start 2025 with a continued focus on player wellbeing. This sponsorship underscores our dedication to sustainability”.
“Play Well focuses on fostering a positive and responsible gaming environment, with initiatives like enhanced customer tools, personalized risk monitoring, and partnerships with expert organizations.
“We are delighted to be supporting the new Sustainable Gambling Zone at ICE Barcelona and will showcase our continued efforts, share insights, and collaborate with stakeholders to drive forward the shared mission of safer gambling for all.”
The 2025 ICE Sustainable Gambling Zone will occupy 490sqm of space and located in the Fast Forward area of the showfloor, underlining the importance the industry places on sustainability and player protection. As well as featuring a total of 26 safer gambling bodies including Spanish organisations ASENCAS and FEJAR the SGZ will host three days of educational content including two dedicated to consumer protection and one to ESG.
The post Flutter Entertainment named as headline sponsor of ICE Sustainable Gambling Zone appeared first on European Gaming Industry News.
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Massive Gaming, Neowiz, and Kangwon Land Launched ‘Shen Shou Wan fu’ Slot Machine Offline
- ‘Shen Shou Wan fu’ is an online slot game that features three powerful guardians, symbolizing immense wealt
- Now available as physical slot machines in offline casinos through a collaboration with Kangwon Land
- MVG plans to expand distribution with exclusive B2B rights to online channels for slot games
Massive Gaming(“MVG”) announced that it has launched the ‘Shen Shou Wan fu (神兽万福)’ slot game, co-developed with Neowiz, MVG’s parent company, and Kangwon Land, which hosts the only casino in South Korea open to locals. The game is now available in offline venues as slot machines.
‘Shen Shou Wan fu’ is an online slot game featuring motifs of the Golden Dragon (JIN LONG), Phoenix (FENGHUANG), and Haetae (XIEZHI), which symbolize luck and prosperity.
The slot machine debuted in offline casino venues. Key personnel from MVG and Neowiz worked closely on the art resources and software design of ‘Shen Shou Wan fu’, ensuring a seamless integration of creative and technical expertise. Kangwon Land managed the slot machine’s hardware design and manufacturing. This launch marks the first commercialization of software-based products through public-private collaboration in South Korea’s casino market.
After successfully establishing ‘Shen Shou Wan fu’ in the Korean market, MVG is ready to leverage this success for aggressive global sales. Holding exclusive rights to the slot game, MVG plans to expand its presence in the regulated gaming market by targeting key regions with strategic marketing and distribution.
A representative stated, “We are pleased to showcase our slot game in offline casinos with Kangwon Land,” adding plans to introduce diverse content for global markets.
The post Massive Gaming, Neowiz, and Kangwon Land Launched ‘Shen Shou Wan fu’ Slot Machine Offline appeared first on European Gaming Industry News.
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