Most recently, the renowned data-driven user engagement and transition solutions for the U.S. sports betting and online gaming segment have announced several topics for new jurisdictions. The company can now offer exceptional products to more than 21 U.S. states, the District of Columbia, and Ontario, Canada. The last company recently opened an iGaming market for private companies.
Sharplink Gaming was founded in Minneapolis, Minnesota in 2019, and is a leading online technology company that connects sports fans, leagues and websites to related and trendy sports betting and iGaming content. Transform sports fans into sports betting companies for licensed online sportsbook brands using proprietary and intelligent online conversion technology.
Sharplink Gaming confirmed in a press release that it will be able to reach numerous new jurisdictions, including Ontario in Canada. To make its debut, the company has also signed numerous partnerships with some of the region's most famous online bookmakers. These include Bet MGM, DraftKings, Caesars Sportsbook, Fan Dual, Bet365, Tfico, Unibet and Winbet.
Rob Pitian, co-founder and chief executive officer of the sports betting company, said licenses to operate legally in states that approved online sports betting were the company's top priority. He added that realizing the goals earlier than expected will allow service providers to accelerate and deploy long-term growth initiatives.
According to a study by Legal Sports Reports for the month of August 2022, Sharplink is currently in a position to reach about 98% of the total legal sports betting market in North America. This will be done through sports betting conversion technology and affiliate marketing relationships. Gaming Today's research also confirmed that the sector will only grow as more and more bets prefer online sports betting these days.
Mr. Pitian also added that the company's acquisition of a sports hub would provide the company with access to a huge and loyal base of fantasy sports and a growing group of cash players. He explained that fantasy sports fans are big fans of online sports betting and the company has the opportunity to incorporate attractive sportsbook offerings into it.
Speaking of Ontario and the iGaming market for private sports books, Sharplink will be happy to know that there will be many potential bookmaker partners. Some of the aforementioned brands, Bet MGM, DraftKings, Caesars Sportsbook and FanDuel, are already operating in the province, while Pinnacle, Bet99 and Betano are also expected to operate online in the coming days. 바카라사이트
The local market is overseen by the Ontario Alcohol and Gaming Board and is considered one of the major growth potentials. The state recently released a second-quarter gaming report for the sector, which posted a total bet size of C$6.04 billion and game revenue of C$267 million or more. More than 628,000 active user accounts and an average monthly expenditure of CA$142 per sponsor.