Sports Tech Live - Issue #153

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Sports Tech Live

All your Sports Tech news in one place, covering topics like AR/VR, Data Analytics, eSports, Live Streaming, Sports Betting, Wearables, etc.

Hey Sports Tech Fans,
New York finally has mobile sports betting. While it’s not live yet, we now know who the players will be:
  • Bally Bet, BetMGM, DraftKings Sportsbook and primary applicant FanDuel Sportsbook.
  • Caesars Sportsbook, PointsBet, Resorts World, Rush Street Interactive, WynnBET and primary applicant Kambi.
There were also some failed bids:
  • Barstool Sportsbook and Fanatics Sportsbook with primary applicant Kambi
  • bet365
  • FOX Bet
  • theScore Bet
All the winning bids will be licensed for 10 years and under New York law, 51% of the revenue they earn from bets placed will be going to the state’s coffers.
The bill will be passed later this month with the first sports books going live in time for the Super Bowl, with the potential for some books to be up and running for the playoffs.
This news comes on the back of New Jersey reaching $1 billion in monthly revenues for the first time in September when the NFL returned.
It will be fascinating to see how both states get on in terms of revenue from sports betting as it is likely a lot of sports bettors in New York were going across state lines to New Jersey to place bets while they waited for legal sports betting in NYC.
Elsewhere there was news of Kevin Durant’s $200 million SPAC. SPAC’s have been all the rage in the last 18 months with countless examples with DraftKings, SkillZ and Genius Sports being ones we have covered in the sports space.
Durant’s Infinite Acquisition Corp is looking to acquire companies across sports, health, ecommerce, cryptocurrency and food.
So expect a lot more deals to be coming through here as Durant has been a very active investor, turning his NBA millions into some very astute investments.
Some of those include Coinbase, WHOOP, DapperLabs and Overtime.
I might look into doing a profile on his investments as he has to be one of the most high-profile sports stars leveraging his million-dollar contracts into an empire.
This $200 million SPAC deal gives him even more power and capital to continue building his empire as he sets himself up for a life after time on the court.
Funnily enough, I ran into KD in a nightclub in New York’s meatpacking district in 2012 while I was still doing my MBA; boy do I wish I had given him my business card instead of a fist bump at 1 am as he made his exit surrounded by an entourage of security!
Have a great sporting weekend,
Will

Streaming Wars
LaLiga renews Mexico and Central America deal – Digital TV Europe
A ManningCast for the NBA? They're Working On It. – The Streamable
The NBA Wants Its Own ManningCast
Inside the NBA’s ambitious plans for a personalized streaming service for basketball fans
Ashes to be aired by BT Sport after landing rights extension - SportsPro
WTT scores Migu broadcast rights deal to grow Chinese presence - SportsPro
Gambling
New York Picks Nine Operators To Launch State’s $1 Billion Sports Betting Market
New Yorkers’ Long Wait for Sports Betting by Phone Is Nearly Over - The New York Times
Fubo Sportsbook's Mobile Sports Betting Platform Officially Launches in Iowa
Exclusive: FanDuel Denies Interest in Buying The Athletic - Boardroom
New York Knicks and Rangers get BetMGM partnership - SportsPro
Sportsbet.io Donate Bitcoin to Southampton FC Supporters in First Ever 'Crypto Fan Fund'
esports & Gaming
PGL Stockholm Major breaks all CS:GO viewership records with peak 2.5 million concurrent - Fan Engagement and Gaming Experience Platform
Zone launches esports platform that will allow Middle East gamers to play to earn | Arab News
Content
‘Arcane’ Showrunner Calls Netflix Series A “Love Letter” To ‘League Of Legends’ IP & Gamers; Riot Boss Shares Gaming Company’s Next Steps
Blue Wire Signs Raiders Star Maxx Crosby For Video Podcast
Marketing & Social
NHL working to provide tools for more player social media engagement – The Athletic
The NBA's tattoo culture has created a new type of influencer - CNN Style
Deals
NBA Star Kevin Durant Launches $200 Million SPAC - WSJ
DAZN launches tech innovation hub following Texel acquisition - SportsPro
fuboTV buys France’s Molotov
LeBron James and Naomi Osaka invest in StatusPro - SportsPro
Collectible card trading platform Alt raises $75M as it eyes other asset categories and preps its mobile launch – TechCrunch
Sports Fan Data Startup StellarAlgo Raises $16.5 Million Round – Sportico.com
Blackstone’s Blitzer Says More Sports and Media Deals Are Coming - Bloomberg
Crypto
Twitter is launching a dedicated crypto team, part of its push toward decentralization - The Verge
Team Liquid & Coinbase Look to a Limitless Future - Team Liquid - Professional Esports Organization
We pored through 3 years of Nike patents and found the sportswear giant has detailed plans for its metaverse play
BTS, Bieber Agency Eyes NFT Empire With Stars of Pop and Sports - Bloomberg
Binance Becomes Official Fan Token Partner of FC Porto | Finance Magnates
Manchester City to Launch Its Own Fan Token on Binance
Clutch Bowling Is Like Stepping Inside a Video Game...Lasers and Spaceships Included
Hardware & Wearbles
World Triathlon and RaceRanger team-up to develop an anti-drafting technology — World Triathlon
Peloton Introduces Peloton Guide, First Connected Strength Product
OBJ on NFL Fashion, His First Creative Director Gig, and the Power of Silk Pajamas
New York City Marathon App Embraces Hybrid - WSJ
Student Athletes
UConn's Paige Bueckers inks name, image and likeness deal with StockX - Sports Illustrated
Licensing
Primark gets its game on with NFL collaboration | Licensing Source
UFC Names The Momento Group Global Memorabilia Partner | licenseglobal.com
Partnerships
Will Ventures, OneTeam Partners Ink Groundbreaking VC Partnership
AI
Boxing body uses AI vetting of judges to restore trust
AR/VR
Snap Spectacles x Nike | A New Augmented Reality Running Experience
Snap Spectacles x Nike | A New Augmented Reality Running Experience
Microsoft is partnering with the Greek government to digitally preserve Ancient Olympia - - Gamereactor
Appointments
XFL Taps Russ Brandon as League President — 9 Hires in Total
Sports
Premier League clubs unite to reject biennial World Cup plan
Can Overtime Elite Prove It’s More Than the Hype House of Highlights? - The Ringer
DP World to invest more than $400m in European Tour over next decade | SportBusiness
Best of the Rest
Barstool Sports Owner’s Stock Plunges Following ‘Violent’ Sex Allegations About President Dave Portnoy
Techstars Startup Digest Sports Tech Live is curated by:
Will Martin Will Martin
will.martin@startupdigestmail.com
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