Connect with us

Latest News

Unlocking microbetting in live sports with AI – OSAI is the first to bring quick bets on low-level events to table tennis

Published

on

Reading Time: 2 minutes

 

OSAI is the first company to overcome one of the main challenge in sports microbetting – and bring quick bets on low-level events to table tennis. OSAI pioneers the space with its Quick Bets solution, which merges sports betting and casino formats. It unlocks new markets on low level events with odds and coefficients being traded automatically. Starting with table tennis and then expanding to other sports for which OSAI products are available.

The unique technology offers a risk-free way to test new markets, tap into new GGRs and increase sports betting revenues.

Microbetting is one of the main industry trends. Its main value is in the lucrative proposition of opening new GGRs with fast markets, many of which are connected to low-level events. In live sports, microbetting has a big technical challenge – sports betting data feeds typically don’t contain smaller events, due to the challenge of capturing them by traditional data scouts.

OSAI launched a new product – Quick Bets – that opens up microbetting on low-level events in table tennis for the first time. The solution is built on AI data scout, which has been in operation for years. The company has been perfecting AI data scout on hundreds of thousands of games until it ensures the data latency of ~18ms.

AI data scout collects accurate data on all game events, including low-level events like error type, ball speed, player position, bounce coordinates, and more. OSAI uses this data to build custom odds algorithms, that take into account the performance of a particular player and the tournament’s dynamics. The technology takes both historical and real-time data to produce coefficients for players and the tournament. Mathematical models in OSAI’s Autotrading were built on over 70,000 matches, analyzing ~500 data points every second.

The coefficients are adjusted in real-time based on the performance, common errors, rally duration, etc. This ensures the fair calculation of odds. And opens new fast markets, that are contextual, fair, and fun to bet on.

Today, OSAI offers 4 markets on Quick Bets: number of bounces in a rally, the last player to strike, winning side of the table, and error type. The company plans to expand its portfolio, adding more fast markets.

Quick Bets are available as a widget that is installed on a betting operator’s website or mobile app. It comes with a customizable interface and a back office to adjust the margins and monitor coefficients.

It is available on a revenue-sharing basis to tournaments and betting operators who purchased OSAI AI data scout.

 

About OSAI:

OSAI is a Cyprus-based tech company that digitizes sports in real-time using AI/ML, and Computer Vision. Based on cutting-edge computer vision technology, OSAI developed a full suite of solutions to serve clubs, leagues, federations, and betting operators around the world.

OSAI analyses the video feed with AI and Computer vision to gather accurate, real-time data after each frame. It then analyzes it to convert raw data into actionable insights and unlock several product offerings including AI data scout, real-time Mixed Reality, High-Performance analytics, and, most recently, Quick Bets. OSAI ecosystem of game-changing products optimizes costs of data capture, reduces the complexities of virtual production of live content, and opens new revenue streams in sponsorship & betting.

Learn more: https://osai.ai/ and follow on Twitter, Youtube and LinkedIn.

 

Continue Reading
Advertisement

AGRESE

Representatives from AGRESE and LOTESE Visits Lottopar

Published

on

representatives-from-agrese-and-lotese-visits-lottopar

 

On July 3rd and 4th, the Paraná State Lottery (Lottopar) received at its headquarters representatives from the Sergipe State Public Services Regulatory Agency (AGRESE) and the Sergipe State Lottery (LOTESE), on an institutional visit aimed at exchanging experiences and technical in-depth study on the regulation, operation and control model of state lottery activity.

During the two-day event, visitors learned in detail about the regulatory framework built by Lottopar, the systems adopted to ensure the traceability and security of operations, the criteria for accrediting operators and laboratories, and the responsible gaming and anti-money laundering policies implemented since the organization’s founding.

“We are delighted to welcome AGRESE and LOTESE. We believe that the development of state lotteries necessarily involves this type of technical cooperation, where successful experiences can be shared and adapted to the needs of each federative entity. The Lottopar model is constantly evolving, and it is a pleasure to be able to contribute to other states that, like Sergipe, demonstrate a commitment to serious, safe, and responsible regulation,” Lottopar CEO Daniel Romanowski said.

The exchange of information between states is essential for consolidating a safer, more efficient national lottery environment aligned with international best practices. The visit also reinforces the importance of joint action between regulatory agencies and state lotteries in formulating effective public policies.

AGRESE CEO Mr. Luiz Hamilton Santana de Oliveira said: “The institution is very honored and pleased to have hosted this technical visit, as it was a very productive two days, where we were able to further enhance our knowledge. We will implement what we learned and saw here into our regulations back in Sergipe.”

Adriana França Coserva Hide, CEO of LOTESE, said: “On behalf of Loterias de Sergipe, I would like to express our deep gratitude to the Lottopar team for the warm welcome and, most importantly, congratulate them on the exemplary work they have been doing. We were impressed by the level of excellence, professionalism, and commitment to social well-being that permeates Lottopar’s entire structure and operations. This exchange of experiences was extremely enriching and reinforces our conviction that cooperation between state public lotteries is a fundamental path to strengthening the sector in Brazil. We leave here inspired and even more committed to the mission that unites us.”

The agenda concluded with technical visits to Lottopar’s strategic departments and the headquarters of accredited partners, focusing on practical observation of operations. New joint initiatives are expected to be established soon, solidifying a virtuous cycle of cooperation between Brazilian public lotteries.

The post Representatives from AGRESE and LOTESE Visits Lottopar appeared first on Gaming and Gambling Industry in the Americas.

Continue Reading

Alinda van Wyk

Super Group Raises Full-Year Revenue and EBITDA Guidance After Record Q2, Announces Intention to Exit U.S. iGaming

Published

on

super-group-raises-full-year-revenue-and-ebitda-guidance-after-record-q2,-announces-intention-to-exit-us.-igaming

 

Super Group, the holding company for leading global online sports betting and gaming businesses Betway, a premier online sports betting brand, and Spin, a multi-brand online casino offering, provided an update for its second quarter performance, raised 2025 guidance and announced its intention to exit from the U.S. as part of an ongoing strategic review to streamline operations and enhance long-term shareholder value.

Super Group’s positive momentum over recent quarters continued in Q2 2025, with solid revenue growth across all markets. This was driven by strong sports results, improvements in pricing models, more efficient risk management, a full calendar of sporting events, record deposit levels, and ongoing robust customer engagement and retention across both casino and sports in key markets.

As a result, Super Group announced that Q2 2025 is expected to be the strongest quarter in the Group’s history. This continued and diversified strength increases confidence in the full-year outlook for 2025, and the Group is raising Ex-U.S. guidance accordingly:

• Total revenue is now expected to exceed $2.0 billion vs. prior guidance of $1.925 billion

• Total Adjusted EBITDA is now expected in excess of $480 million vs. prior guidance of $457 million

Neal Menashe, Chief Executive Officer, said: “We are very pleased with our performance in the second quarter, reflecting continued momentum and discipline across our core markets and further validating the strength of our operating model and brands. We remain focused on driving profitable and sustainable growth through consistent execution and continue to be super-confident in the long-term growth potential of our business.”

Super Group Announces Intention to Exit U.S. iGaming

The Group also announced that it intends to exit its U.S. iGaming operations, following a comprehensive evaluation of its global priorities, the evolving regulatory landscape, and the U.S. unit’s financial performance. The Group is currently evaluating its strategic options in this regard.

Neal Menashe said: “This is a difficult decision, particularly because our U.S. team has worked hard and made progress over recent quarters. Nonetheless, recent regulatory developments combined with ongoing assessment of capital allocation requirements have led us to believe that our stringent hurdle for return on capital will likely not be met in this market any time soon. We therefore intend to focus capital and resources on markets where we see the greatest opportunity for scalable, sustainable, profitable super growth, with a disciplined emphasis on operational efficiency.”

Alinda Van Wyk, Chief Financial Officer, said: “Various strategic exit options are under consideration. We are still early in the process but nonetheless would expect to incur a one-time cash restructuring cost of approximately $30 million – $40 million in connection with such an exit and are actively pursuing multiple efforts to minimize the impact thereof. Further details regarding these potential costs will be shared during our second quarter earnings release.”

Further insights into the Group’s performance and strategic outlook will be shared at the Investor Day on September 18, 2025, in London, UK.

The post Super Group Raises Full-Year Revenue and EBITDA Guidance After Record Q2, Announces Intention to Exit U.S. iGaming appeared first on Gaming and Gambling Industry in the Americas.

Continue Reading

Hard Rock Heals Foundation

Hard Rock Heals Foundation Gives $250,000 in Grants to 50 Community Charities Around the World

Published

on

hard-rock-heals-foundation-gives-$250,000-in-grants-to-50-community-charities-around-the-world

 

The Hard Rock Heals Foundation, the charitable arm of Hard Rock International, announced the distribution of $250,000 in grants to 50 local nonprofit organizations across the globe. These $5000 grants are part of the foundation’s annual commitment to help strengthen the communities in which Hard Rock operates through targeted support of impactful, grassroots initiatives.

The 2025 Hard Rock Heals Foundation Grant Program supports three focus areas:

• Mental health awareness and research

• Prevention of human trafficking and promotion of human rights

• Children’s wellness and education

The deserving, locally based organizations selected this year span 15 countries and over 40 cities, reflecting the brand’s global reach and deep community connections. From autism awareness in the Maldives and childhood educational support in Mexico, to youth wellness in Austria and support for people experiencing homelessness in Florida, the 2025 recipients exemplify purpose-driven work that uplifts communities.

“Since 2016, the Hard Rock Heals Foundation has supported hundreds of local programs focused on healing and hope. This year’s grant recipients, whether serving children, combating homelessness, or standing up for human rights, embody the spirit of our mottos: ‘Love All – Serve All’ and ‘Take Time to Be Kind,’” said Tracy Bradford, President of the Hard Rock Heals Foundation and Seminole Hard Rock Support Services.

The program empowers each Hard Rock property to nominate one charity annually. Examples of 2025 grant recipients include:

The Bowery Mission (nominated by Hard Rock Cafe New York) – Serving New Yorkers experiencing homelessness

Make-A-Wish Foundation of Georgia (nominated by REVERB by Hard Rock Atlanta) – Granting life-changing wishes to critically ill children

Maldives Autism Association (nominated by Hard Rock Hotel Maldives) – Providing resources for children and families with autism

Julie Weintraub’s Hands Across the Bay (nominated by Seminole Hard Rock Hotel & Casino Tampa) – Supporting survivors of human trafficking

Cruz Roja Española (nominated by Hard Rock Hotel Marbella) – Offering essential care and education to underserved children

CAREER WARDROBE (nominated by Hard Rock Cafe Philadelphia) – Empowering women through professional development.

The post Hard Rock Heals Foundation Gives $250,000 in Grants to 50 Community Charities Around the World appeared first on Gaming and Gambling Industry in the Americas.

Continue Reading

Trending