Sports Betting Sites Enter New Era
Posted on May 18, 2021 at 12:05pm
Pro Ultimate Frisbee League, the leading global American Ultimate Disc League, also known as AUDL, has just inked an impressive new multi-million dollar tech and sports betting sites agreement.
The deal will see the AUDL entering it what it dubs a “strategic agreement”. This agreement is in partnership with UltiX Technology as well as LSports Data, the real-time sports data solutions delivery leader. This will assist the partnership in terms of co-development and the distribution of data.
A Key Part Of Strategy For Growth
Steve Hall, a spokesperson for the American Ultimate Disc League, said that the new sports betting sites deal will form a key part of the organisation’s strategy for growth. This move is based on assessing a combination of technology, data, media and gaming assets. The overall hope is that new fans will be attracted to the exciting, action-packed sport loved by so many across the world.
While further details of the deal are scarce at the moment, it is clear that the agreement is set to span five years. Steve Hall signed the deal along with Dotan Lazar, the Chief Executive Officer of LSports Data. This partnership grants the distribution of official global AUDL data and enhanced betting solutions rights to betting partners, both online and in-person.
With this agreement, LSports and UltiX will work together to develop and deliver the world’s first-ever predictive sports betting sites algorithms. This will involve artificial intelligence (AI) for the sport of Ultimate. The estimated time of arrival of this project is at the beginning of 2022, just in time for the new AUDL season.
To date, UltiX has compiled proprietary statistics and published collections of apps. By co-operating, LSports will help to infuse innovative engineering and resources for product development. This will boost engagement for new data sets, as well as ongoing ones and betting solutions.
Steve Hall has lauded LSports for its agility, focus and innovation. He said that his firm looks forward to implementing the shared vision that all parties have.
In terms of the particulars of the deal, it comprises the acquisition of data rights and engineering, as well as the development of products, sales and support investments between all parties concerned. The sports betting sites deal is estimated to hold a value of $3 million over the course of five years. All stakeholders will be able to benefit from the shared knowledge and skills that this deal will allow them to amass.
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