5 Lessons Learned from Integrating an Online Sports Book into a Land-Based Casino Group
As the United States Supreme Court prepares to hear New Jersey's appeal to offer legal sports betting, it appears that if/when sports betting is legalized in the U.S., the prevailing wisdom is that sports betting will likely roll out through existing regulatory infrastructures, which would include casinos, tracks, etc.
We at Chalkline Sports took the opportunity to reflect on our own great experiences as part of a terrific team effort that integrated sports betting into a land-based casino group at Sun International, and see significant opportunity for American gaming operators to learn from these experiences as the Supreme Court decision approaches.
Looking back to 2013:
- Sports betting (online, especially) was growing rapidly in South Africa (a trend that continues today).
- Sun International saw a forward-looking strategic opportunity to roll out new, high-demand products and acquired Powerbet Gaming (Pty) Ltd., which owned and operated Voltbet.com.
- The sports betting site relaunched as Sunbet.co.za in late 2013.
As United States operators consider the opportunity ahead, we respectfully share our take-aways from our experiences working with the leadership at Sun International to build the Sunbet online sports betting product.
Thanks to the team at Sun International--we learned a lot during our time there, and gathered terrific input and insights (and hope we shared some) along the way.
We look forward to continuing this conversation, and will hopefully see many of you at the Sports Betting USA conference in New York this fall.
FBP at ParentPay Group
6yLet's chat about the how. Shame the US is in for such sabotage. Almost feels like the election, I just hope they assess this adequately
Chief Business Officer | Sports Betting & iGaming Executive | International Expansion | Strategic Leader | Global Business Development | Corporate Development & M&A
6yVery insightful Daniel Kustelski and nice to read a piece on the US opportunity without getting bogged down in the legislative landscape. Thanks for sharing.
CEO Web Gaming Consultants
6yThis will be the biggest sports betting in the world once the US accepts that it good legislation that works not prohibition and the biggest effect on the US market will be on the 1000s of illegal bookies and with s sensible small tax may be the only hope for some States.
US Sports Betting
6yThanks Daniel Kustelski. I appreciate your insight as always. Hope all is well!
Senior Major Gifts Officer at Action Against Hunger
6yWonderful presentation. Thank you for sharing this Daniel Kustelski