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IMG Arena, which sits within the IMG Media division, will provide more than 250 bookmakers worldwide with 24/7 live streaming ⚾️ and on-demand virtual sports products, which have become part of the company’s portfolio since investing in Leap Gaming in June. ⚾️ The system is also built with the capability to efficiently deliver accurate information from source to end user in less ⚾️ than a second. The move hints that London-based IMG is about to ramp up its efforts in the sports betting space ⚾️ in response to the recent decision in the US to relax laws which previously prohibited placing wagers on live sporting ⚾️ events. The new venture is being led by senior vice president and managing director Freddie Longe, who is being supported by ⚾️ a team that includes industry veterans Max Wright and Brad van Wely. “Backed by the considerable global scale, network and resource ⚾️ of IMG, IMG Arena will build on our existing advantages and well-developed offering to positively disrupt the market, with a ⚾️ strong fan-first innovation pipeline that drives incremental value to our clients and customers,” said Longe. “The move to IMG Arena underlines ⚾️ the business’s aggressive growth plans and a desire to expand our footprint in a range of worldwide markets, including the ⚾️ US as the region continues to regulate.” |
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