Tag Archives: basketball

ShotTracker Secures An Additional $2m Financing From Hearst Ventures

DDSports Inc. (ShotTracker), a revolutionary sports technology that captures rich performance data via sensors and provides statistics and analytics with sub-second latency, today announced a new round of financing by Hearst Ventures, the venture capital unit of Hearst. The $2 million USD investment by Hearst Ventures is in addition to an $11 million USD investment led by Evertz Technologies Limited (Evertz) and Verizon Ventures, which was announced earlier this year and completes the current funding round for the company.

“We are proud to have brought on Hearst Ventures as our latest investment partner,” said ShotTracker Chief Executive Officer Bill Moses. “Their expertise and knowledge of the media partnerships space will be pivotal as we refine and grow not just our offering to NCAA men’s and women’s basketball programs, but to broadcast partners as well. That broadcast integration has been the most requested element for our technology and we feel will be a key for our growth in the coming years.”

“Our goal with ShotTracker from day one is to go beyond the work we do with our partner schools,” said ShotTracker Co-Founder and President Davyeon Ross. “This investment, on top of our work with Evertz and Verizon Ventures, gives us a much wider runway and a greater opportunity for scaling success of our business going forward. We will continue to focus on our platform for NCAA men’s and women’s basketball, but additional opportunities are now coming into focus that will make this partnership very important for us.”

“ShotTracker’s autonomous, low-latency data collection is giving broadcasters, fans and other sports data consumers unprecedented insights in real time,” said Hearst Ventures Managing Director David Famolari, who will also be joining ShotTracker’s board of directors. “We see this as key to innovating the viewing experience and delivering data-driven storylines and visualizations that bring fans into the action in new and compelling ways. Bill, Davyeon and the ShotTracker team are leading the industry in developing technology to make unique sports data immediately actionable across a range of use cases.”

ShotTracker currently brings elite-level, real-time analytics to the court. The company’s patented technology tracks data in three parts: a ShotTracker-enabled ball, sensors on players’ jerseys and court sensors that map the court in 3D. Data is processed through the company’s proprietary algorithm displayed on the ShotTracker app and dashboard and is also integrated with Evertz’s cloud-based live production solutions. The real-time data can be used to automate camera productions from remote locations and can be licensed by media and sports data companies and will be enhanced by all the innovation Verizon is bringing through their cutting-edge work in 5G.

NBRPA, Swoopes And Flexion Therapeutics Announce Partnership To Raise Awareness Of Zilretta

The National Basketball Retired Players Association (NBRPA) and Flexion Therapeutics Inc. today announced a new partnership to raise awareness of osteoarthritis-related knee pain and present ZILRETTA (triamcinolone acetonide extended-release injectable suspension) as an effective treatment option. The educational program tipped off with a virtual event featuring Sheryl Swoopes, basketball Hall of Famer and ZILRETTA patient, discussing how osteoarthritis (OA) of the knee has impacted her life and how ZILRETTA has helped with pain management. Swoopes is the first athlete from the WNBA to participate in the awareness program. The partnership with Swoopes complements Flexion’s relationship with ZILRETTA Athlete Ambassadors, NFL Hall of Famer Rod Woodson and 1980 USA hockey team captain and gold medal winner Mike Eruzione.

“We are excited to partner with the NBRPA to raise awareness of knee OA and ZILRETTA, and we are truly honored to be working with Sheryl, a world-class athlete who continues to exemplify greatness well after the height of her career,” said Michael Clayman, M.D., President and Chief Executive Officer of Flexion. “As one of the most exceptional women athletes of all time, a hall of famer, and three-time Olympic gold medalist, Sheryl knows about pushing the limits physically, and we are very pleased that she has finally found the much-needed relief from her OA knee pain with ZILRETTA.”

Swoopes, the first player to be signed in the WNBA, is a three-time WNBA MVP and was named one of the league’s Top 15 Players of All Time at the 2011 WNBA All-Star Game. She won three Olympic gold medals and is one of 10 women’s basketball players to have won an Olympic gold medal, an NCAA Championship and a WNBA title. She was elected to the Naismith Memorial Basketball Hall of Fame in 2016 and is an active leader in the NBRPA.

“The best partnerships are all about authenticity, and we found out through a survey of our membership that knee pain ranked among retired players’ top ailments following their careers,” said Scott Rochelle, NBRPA’s Executive Director. “There is no better, more engaged advocate for those suffering OA knee pain and no stronger advocate to speak to the benefits of ZILRETTA than Sheryl. We look forward to growing this relationship in the coming months to be one of our most inclusive and informative to date.”

Swoopes added, “I fully understand the way OA knee pain can impact your life in every aspect, not just physically but mentally. To be able to tell my story and share the results of what can be done with treatment with my colleagues, friends, former players and family is very important. This partnership will not only help many of the athletes who have played in the NBA and WNBA, but it will serve to raise awareness for thousands who may be suffering in silence.”

Swoopes was treated by Rabah Qadir, M.D., a fellowship-trained orthopedic surgeon at the Woodlands Sports Medicine Center and Chairman of Orthopedic Surgery at Memorial Hermann Woodlands Medical Center in the Houston area. Dr. Qadir said, “While Sheryl has enjoyed the career of an elite athlete, unfortunately, her experience with OA knee pain is far from unique. Knee injuries, especially cartilage and meniscus injuries, are common for basketball players and can lead to OA over time. After evaluating Sheryl and understanding her desire to stay active with a non-surgical treatment plan, ZILRETTA was an obvious choice to offer Sheryl the extended pain relief she needed.”

More information on how to find a treating physician can be found at https://www.getthez.com or by calling 888-600-GETZ (4389).

The NBRPA represents over 1,000 former NBA and WNBA players, making it the largest agency of its kind in basketball. This has allowed for direct access to players for opportunities to educate other members and their treating physicians.

ShotTracker Secures $11M Financing Led By Evertz Technologies And Verizon Ventures

DDSports Inc. (ShotTracker), a revolutionary sports technology that captures rich performance data via sensors and provides statistics and analytics with sub-second latency, today announced an $11M USD funding round led by Evertz Technologies Limited (“Evertz”) and Verizon Ventures. ShotTracker will use the funds to accelerate its deployment across NCAA Division I Power 6 Basketball Conferences, expand hiring, further key partnerships and enhance sensor capabilities and data capture for players, coaches, fans and broadcasters.

ShotTracker brings elite-level real time analytics to the court. The company’s patented technology tracks data in three parts: a ShotTracker-enabled ball, sensors on players’ jerseys, and court sensors that map the court in 3D. Data is processed through the company’s proprietary algorithm displayed on the ShotTracker app and dashboard and will also be integrated with Evertz cloud based live production solutions. The real time data can be used to automate camera productions from remote locations and can be licensed by media and sports data companies.

With more than 63 Division I men’s and women’s basketball programs and a growing relationship with Learfield IMG College and their partner schools, ShotTracker’s cutting-edge technology is well-positioned to deliver deep data and analytics as well as video, scoreboard and broadcast integration. For its media company and broadcast customers, it currently delivers experiential activations and crossover content opportunities distributed via digital and social platforms.

The Evertz partnership brings to ShotTracker a global leader in providing professional video/audio infrastructure and cloud-based solutions to content creators. The partnership with ShotTracker’s advanced real time analytics, will enable content owners to create tailored content for their audience across multiple platforms. With automated camera operations, advanced statistics, and cloud services, producers can augment live production by telling unique stories that enhance the audience’s experience (in-venue and/or the broadcast) while realizing additional revenue opportunities.

“Combining ShotTracker sensor data and our DreamCatcher^TM suite of products will enrich live productions — on-premise and cloud-based — for broadcasters, leagues, teams, and fans.” said Vince Silvestri, Evertz VP of Software Systems. “We are excited to be working with the ShotTracker team to bring enhanced and personalized game experiences to fans everywhere.”

“As real-time data tracking and analytics become critical components for coaches and players, instantaneous and interactive delivery powered by 5G is critical,” said Michelle McCarthy, Verizon Ventures Managing Director. “ShotTracker’s real-time sports data will transform fan experiences, athletic performance, sports broadcast and more. We’re proud to invest in a team of industry veterans as they pave the way for data capture in game play to improve all areas of the sport.”

“The entire ShotTracker team is excited to have the opportunity of working with two such farsighted technology leaders as Evertz and Verizon Ventures, each of whom brings special capabilities to enable us to fulfill our vision of what truly real time statistics and analytics can mean,” said Bill Moses, ShotTracker CEO. ShotTracker Founder and COO, Davyeon Ross, added: “The impact of tying the cameras to the ShotTracker sensors, in cost savings and in the quality of unique content which then can be delivered, will be dramatic and literally game changing for the sports world.”

Pair Of 1980’s ‘Mike’ Trading Cards Set Records In Goldin Auctions

In a year when trading cards became considered an asset class, two particular sports legends name Mike who started their careers in the 1980’s – Michael Jordan and “Iron” Mike Tyson – had their rookie trading cards set new records this past weekend in Goldin Auctions End of Year Auction.

The first of the two records was set by Heavyweight boxing Champion Mike Tyson’s rookie card, a 1986 Panini Supersport #153 sold for $47,970, shattering the previous high sale of $6,999 for a 683% yield.

The same year of the Tyson rookie card, Michael Jordan’s popular 1986 Fleer rookie card also kept climbing as Goldin Auctions has set the record high sale for this card four times in the past 6 months, setting a new mark of $222,630, besting the $211,560 record set less than 30 days in December.

“Here we go again” said Ken Goldin, Founder of Goldin Auctions in reaction to the new records, “We have begun a new way of doing business here at Goldin Auctions without sellers and buyers having to wait months in between auctions and the supply is being met by the demand.”

Goldin auctions is actively accepting consignments for its upcoming Winter Auction which we anticipate taking place in early February. To get into the next auction you can consign by emailing an image and description of your items to [email protected].

Legends Media & Entertainment Adds Peter Vecsey And Hoop Du Jour To Its Content Offering

The National Basketball Retired Players Association (NBRPA) announced today that veteran NBA columnist and renowned basketball insider Peter Vecsey ([email protected]) has joined its content team, sharing his thoughts via his popular Hoop du Jour platform each week. Hoop du Jour will be featured content for Legends Media & Entertainment (LME), the multifaceted story-telling platform producing, distributing and quantifying the wide-reaching stories of many of the NBA and WNBA’s biggest stars that was launched in September and has seen record growth since launch. Athletes First Partners represents the NBRPA in its marketing endeavors and is working on engaging with brands on the platform as well.

Vecsey, the long-time columnist for the New York Post and analyst for TNT/TBS, NBC and NBATV, is one of the most connected and engaged media members in the sport. His opinions, insights and quips about the game–both past and present–have long been required reading for anyone involved or interested in basketball.

The native New Yorker has been enshrined in four Halls of Fame, including Naismith Basketball (Class of 2009), NYC Basketball, Rucker League and Archbishop Molloy.

“If there is any media member who knows our players and our audience, it is Peter Vecsey,” NBRPA President and CEO Scott Rochelle said. “Hoop du Jour was a business and lockerroom must read for decades. Peter’s ability to tell stories in his own style will certainly resonate not just with our current audience, but with a growing number of new fans who love basketball and its personalities. We are confident it’s going to be a must-read and must-follow as our other content has become this fall.”

“The men and women who make up the NBRPA were, and are, the most engaging and interesting athletes anywhere,” Vecsey said. “I’m looking forward to having some fun with them, telling and retelling their stories, and showing a new (and not-so-new) audience just how much noise we can make in this space.”

The first Hoop du Jour can be seen here: https://www.legendsofbasketball.com/hoop-du-jour-2-0/

The NBRPA represents over 1,000 former NBA and WNBA players, making it the largest agency of its kind in basketball. In three months LME in both audio and video has drawn almost 600,000 views and listens, more than three times the combined numbers of audio and video around the players in the previous nine months. Viewers and listeners have come from over 20 countries, and have enjoyed content from some of the most unique storytellers in the history of professional basketball. The key unified elements of LME include: Legends Magazine, Legends Studios, the All-Access Legends Podcast and the NBRPA’s social media strategy and content.

ShotTracker Names Bill Moses Chief Executive Officer As Part Of Company Executive Restructuring

DDSports Inc. (ShotTracker), a revolutionary basketball technology that captures via sensors stats and analytics with sub-second latency and the leading tracking platform among NCAA schools, announced company executive restructuring in advance of a host of upcoming strategic business partnership announcements.

The Board of Directors has brought on veteran sports data industry leader Bill Moses as Chief Executive Officer, while company founder Davyeon Ross will continue with the company as the COO and President. The company’s co-founder, Bruce Ianni, has chosen to depart to pursue other opportunities. In addition, two other sports business and tech veterans, Tom Masterman and Jason Tilton, have joined the company as VP of Sales and VP of Corporate Development, respectively

“It is a pleasure to join the ShotTracker team to help advance the commercial business opportunities of one of the most innovative and transformative companies in the data and technology side at the NCAA level,” Moses said. “The foundation partnerships with some of the most elite colleges and universities have been built, and we are now ready to push forward with growing that base and expanding the commercial and tactical opportunities in basketball and in other sports with a host of new partners coming on line in the months ahead.”

“Our technology continues to be some of the most widely embraced and supported by college programs across the nation for both men’s and women’s basketball,” Ross said. “Having Bill’s wealth of experience in monetizing and expanding data content, as well as his deep and well respected relationships in media, marketing and technology will be invaluable as we advance and continue to disrupt the marketplace in 2021 and beyond.”

A New Jersey native and University of Virginia graduate, Moses brings with him to ShotTracker his vast experience in working at the nexus of technology and media, entertainment and sports. After serving at the NFL as the Senior VP of International and New Media, Bill joined IBM as the Vice President of Broadband Distribution where he co-authored the IBM digital media strategy and was responsible for developing and executing the company’s corporate strategy in broadband industries.

While at IBM, Moses also held the position of Vice President of Broadcast, Cable and Sports for the company’s Global Telecommunications and Media Division. In that role, he created and launched ventures that resulted in the PGA.com and NHL.com internet sites, ushering the sports business and leagues into the new media age during the 1990’s. He was one of the first to deploy computer-based scoring systems across many of the leagues and helped launch the age of data analytics.

Masterman has spent two decades in sports technology and digital media, with a focus on enterprise sales and partnerships. Prior to ShotTracker, he was Global Head of Publisher Sales at Genius Sports Group, driving data integrations with clients including NBC Sports and USA Today. Tom was also the founding sales and marketing executive for SportsData, which sold to global leader Sportradar. As Chief Revenue Officer, he led the acquisition of enterprise clients including Google, Twitter and Turner Sports. Tom began his career as an Emmy-nominated TV producer and has had several management roles in digital media.

Tilton joins ShotTracker from Genius Sports Group as well, where he was Commercial Partnerships Manager. Prior to working with Genius on their North American business, he was Video Coordinator with the Phoenix Suns and has spent time on the basketball administration side at Long Beach State University and St. John’s University.

ShotTracker currently has relationships with more than 63 Division I men’s and women’s basketball programs and has a growing relationship with Learfield IMG College and their partner schools. The Learfield IMG College sponsorship teams can provide local, regional and national brands visibility associated with ShotTracker’s cutting-edge technology via scoreboard integration, digital/social platforms and experiential activations. Additionally, a growing number of schools with official athletic websites and mobile apps powered by SIDEARM Sports are adding ShotTracker technology integrated into the website and app. The crossover content provides another opportunity for brand visibility and bolsters the second-screen experience for fans. Broadcasters are also now increasing the use of the depth and breadth of ShotTracker real time data to enhance their broadcasts.

Detroit Pistons Enter Multi-Year Sports Betting Partnerships With FanDuel Group And DraftKings

The Detroit Pistons today announced multi-year partnerships with premier sports gaming companies FanDuel Group and DraftKings, Inc., making FanDuel and DraftKings official sports betting partners of the Pistons.

In addition to the use of official Pistons marks and logos, each partnership will include a mix of robust marketing assets, including in-arena signage and activations, television and digital advertising, and TV and radio presence to drive passionate Pistons enthusiasts to each entity’s sports betting offerings.

Detroit Pistons Chief Business Officer Mike Zavodsky praised the agreement with both companies and noted the commitment to building asset packages that provide engagement strategies unique to each business.

“We appreciate the partnership-minded and collaborative approach that both FanDuel and DraftKings brought to the table,” said Zavodsky. “We look forward to utilizing our platform to help each grow their presence within and connectivity to the Pistons and greater Detroit Metro communities.”

In addition to its partnership with FanDuel, the Pistons will also partner with MotorCity Casino Hotel. FanDuel and MotorCity Casino Hotel will offer exciting game day experiences at the newly designed FanDuel Sportsbook at MotorCity Casino in downtown Detroit. On game days, MotorCity Casino will provide fans with giveaways, exclusive viewing parties and other innovative experiences to enhance sports betting experience before, during and after the games.

“The Pistons are a progressive and forward-thinking franchise committed to its fans, and we see an incredibly valuable partnership opportunity as we connect our retail Sportsbook experience with Pistons game action in the arena,” said Mike Raffensperger, CMO of FanDuel. “This new relationship will create unique approaches for us to reach Pistons fans. With the FanDuel Sportsbook at MotorCity Casino and mobile gaming offerings on the FanDuel Sportsbook app, we will together offer engaging experiences both inside and outside the arena while giving fans access to unique betting promotions and content.”

An exciting element of the DraftKings partnership includes a “Piston For A Day” VIP fan experience giving users the opportunity to enter a contest where winners receive exclusive access to the team. Winners will sign a “Pistons Contract” for a day, pose for a photo with a member of the front office staff, receive a personalized Pistons jersey and warm-up clothing to wear to a Pistons game, receive a locker room tour and postgame shot on the Little Caesars Arena floor and private access for a one-hour shootaround on the Pistons Practice Court at the Henry Ford Detroit Pistons Performance Center.

“As our first professional team activation in the state of Michigan, we are thrilled to join forces with the Detroit Pistons ahead of our pending market introduction,” said Ezra Kucharz, Chief Business Officer, DraftKings. “This deal deepens our relationship with a prominent local team to facilitate more immersive fan experiences, both for Michiganders familiar with regulated gaming products as well as newcomers to the space.”

NBA Alumni Launch Legends Media & Entertainment To Unify Storytelling Efforts

The National Basketball Retired Players Association (NBRPA) today announced the expansion and launch of Legends Media & Entertainment (LME), a multifaceted storytelling platform that will produce, distribute and quantify the wide reaching stories of many of the NBA and WNBA’s biggest stars. The content will span the history of both leagues and feature more recent alums of the game ranging from Sheryl Swoopes and Grant Hill to the sport’s greatest legends and business successes on and off the court, delivered through all forms of media, from print and spoken word to long and short form video.

“With the creation of LME, we are building a multimedia platform for some of the most compelling men and women connected to basketball’s history and culture under one umbrella, something which has been asked for, and needed for some time,” said NBRPA President and CEO Scott Rochelle. “LME will be a vibrant stop for fans, businesses and others who want to enjoy, learn and explore the amazing stories of our Legends both on and off the court. These stories are some of the best in the global business of sport, and now we can house them under one impactful roof.”

NBA Champion and NBRPA Director Caron Butler adds, “Every NBA and WNBA player has a story to tell and Legends Media & Entertainment offers ALL Legends a platform to tell their stories and let their voices be heard,” NBA Champion and NBRPA Director Caron Butler added.

Some of the key unified elements of LME will include:

Legends Magazinewhich debuted in 2018 and is the official publication for NBA and WNBA Legends. Produced quarterly, Legends Magazine has featured cover stories about NBRPA Director Caron Butler, Jerry Stackhouse, Elton Brand, Jamal Mashburn and “The Knuckleheads” – Quentin Richardson and Darius Miles. Each issue is delivered to all former players, active players, coaches, stakeholders, influencers and league officials worldwide.

Legends Studios also debuted in 2018 with the launch of original live-action and animated short videos and two podcasts, the All-Access Legends Podcast and On Deck with Scott Rochelle. In April 2020, Legends Live, a weekly web series broadcasted to multiple social media platforms featuring live conversations with NBA and WNBA Legends, was added to the Legends Studios portfolio. In addition to 32 standard episodes, Legends Live also covered the 2020 WNBA Draft and ESPN’s The Last Dance with live commentary from Legends. Last week, media personality Tyler Johnson, aka Trill Withers joined the LME team as host of Legends Live, where he will spend time with many of the game’s most successful and dynamic personalities and business people. Johnson will also be a key contributor to Legends Magazine, the All-Access Legends Podcast and the NBRPA’s social media strategy and content.

To follow along with LME content from the NBRPA, find them on social media at @NBAalumni on Twitter, Instagram, YouTube and Twitch or on Facebook at NBA Alumni.

Georgia Soul, Crosstown Win Women’s, Men’s Elite Brackets At Inaugural 360 Hoops Invitational

Alexis Prince, Khadijiah Cave, Martell Buie and Demario Fountain were among the standouts as Georgia Soul (women’s) and Crosstown (men’s) claimed the Elite Bracket championships at the inaugural 360 Hoops Invitational this past week at DME Sports Academy. Competitors from across all age groups from elementary school up to top collegiate and professional standouts vied for the titles in various brackets in the unique 360 Hoops format, three-on-three play on a three-basket, three-team circular court.

In the women’s final, Prince scored a game-high 19 points, grabbed five rebounds and handed out six assists, and Cave pitched in 16 points and a game-best 10 boards as Georgia Soul defeated DMT, 54-25. The men’s final featured a strong comeback by Crosstown, which topped Top Shottas, 15-12, behind five points (one point per basket) from Blue and Fountain. Liam Davis had 10 of the squad’s 12 points and a game-high four rebounds in a losing effort for Top Shottas.

The fast-paced format meant non-stop action: the women’s contest saw 51 possessions in two 10-minute halves, and the men’s had 58 trips in 10:00.

The Women’s and Men’s Elite Bracket title games will be featured on a tape-delayed national TV broadcast with Emmy-Award winning producer Harry Cicma. Innovative camera angles and technology, including 360 VR, will be incorporated. Fans can view replays of games from the lower brackets at the 360 Hoops YouTube channel.

The format, in which three teams compete at a time on the 30-foot diameter circular court, featuring a single stanchion with three regulation baskets facing away in each direction and where players can score for their teams in any of the three baskets, produced some highlights not possible in standard basketball. Athleticism, moving without the ball and team play are paramount, readily apparent in this showcase for the nascent sport.

“We weren’t sure what to expect in our first tournament, but it exceeded everything we could have hoped for,” said Shane Brey, Co-Founder, 360 Hoops. “All of the elements of the game were on display, and we will look back at the tapes, learn which things worked well and which we can tweak to be even better.

“We are thankful to these tremendous athletes, from the youngest kids right up to the Elite men and women for their efforts all week,” he added. “Georgia Soul and Crosstown will forever be the FIRST 360 Hoops champions, and we can’t be prouder to award them the titles, along with the other bracket winners.”

Winners of the inaugural 360 Hoops Invitational in each bracket include:

Elite Women’s – Georgia Soul (Alexis Prince, Aliyah Collier, Dominique Wilson, Khadijiah Cave) d. DMT (Destiny Campbell, Micah Garvin, Tiffany Hodge, Ionna McKenzie), 54-25. Third place: TC Hoopers (Brandy Montgomery, Dyane Pierre, Nene Johnson, Stephanie Ball)
Elite Men’s – Crosstown (Jon Thompson, Martell Buie, Demario Fountain, Eric Macintosh) d. Top Shottas (Romelo Bates, Dimitri Thompson, Liam Davis, Wilfredo Rodriguez), 15-12. Third place: Dunk Session (Raheem Watts, Dangelo Lee, Chris Watson)
High School Girls – National Basketball Academy/DME (Coach Jack Lutzeier, players Mariela Hooper, Isys Grady, Jhaid Westbrook) d. TNBA
High School Boys – Orlando Mets (Coach Edgar Santana, players Cris Santiago, Malik Moye, Dayron Horn, Waiter Ross) d. Go Riot

The event was followed by a lively and informative roundtable discussion with high-level basketball minds including Division I coaches, highlights of which will also air during the television broadcast. Featured panelists included Howard head coach Kenny Blakeney; Notre Dame head coach Mike Brey; Stetson assistant Brendan Ahearn Suhr; DME Sports Academy co-founder and owner Dan Panaggio; U.S. Army captain and former Augusta State Univ. star Ernesia Wright; Orlando Boom director of player development Mercedes Sirmons; and former Daytona State College and University of Central Florida standout Andrea Ayala.

360 Hoops Invitational event partners include Dynasty Hoops, DME Sports Academy, Orlando Boom, and Ace League.

FanDuel Sportsbook Spreads The Love As NBA Tips Off

Opening night of the Battle in the Bubble will feature the Lakers and Clippers facing off for a pivotal win, and FanDuel Sportsbook is giving customers a chance to get an even bigger win when a legal sports bet is placed on the game. Today, FanDuel Sportsbook, a division of FanDuel Group, will once again bring its innovative Spread the Love ™ promotion to customers to celebrate the return of the NBA on TNT.

For every 2,500 customers who bet on the Lakers in the special Spread the Love Market, FanDuel will move the spread one point in the Lakers favor. There’s no limit to how good this line can get and the line won’t stop increasing until fans stop betting, or the game tips off. New and current customers can place a bet in the special Spread the Love Market to qualify and no matter what spread the bet is placed on – every wager placed in the market will receive the final spread.

“Spread the Love is one of our signature promotions and it’s exciting to watch the line move throughout the day, especially for such an important game on the first night of NBA action returning,” said Mike Raffensperger, CMO of FanDuel Group. “There is no limit to how good this spread can get and it doesn’t matter what line you have when you place a wager, everyone will get the final spread.”

The Lakers spread will begin the day at -4 with odds at -110. Max bet is $50. Spread the Love promotional spreads were introduced into the legal sports betting market by FanDuel in 2019. The Indianapolis Colts wound up with a +51 spread against the Saints last December and the 76ers point spread closed at +59.5 against the Bucks earlier this year.

The FanDuel Sportsbook is available for download today in iOS and Android. To track the line movement throughout the day, follow @FDSportsbook on Twitter.

March Madness Pushes New Jersey Sportsbooks to Record Month, According to PlayNJ.com

U.S. Air Force photo by Michelle Gigante

New Jersey’s online and retail sportsbooks scored a record win and near-record monthly handle in March as the industry crossed the $2 billion mark in bets since legalization. The spike was fueled overwhelmingly by the NCAA Men’s Basketball Tournament, according to PlayNJ.com analysts.

“The first week of March Madness generated more action than the Super Bowl, and even the First Four games attracted enough betting to rival a busy weekend of NFL regular season football,” said Dustin Gouker, lead sports betting analyst for PlayNJ.com. “That is unquestionably a massive success and shows clearly the importance of college basketball to the Northeast’s legal sports betting markets.”

New Jersey’s online and retail sportsbooks accepted $372.5 million in March bets, just shy of the record $385.3 million in January, according to official reporting. New Jersey’s online and retail sportsbooks have now accepted $2.3 billion in bets since legalization in June 2018.

March revenue was $31.7 million, up 150 percent from $12.7 million in February. The win and a high-water gross revenue mark for the state’s online casinos combined in March to generate more than $70 million in monthly revenue.

“$2 billion in bets in nine months shows just how much pent-up demand for legal sports betting existed in New Jersey,” Gouker said. “As quickly as the industry has ramped up, though, the next milestone should come more quickly. $3 billion is certainly within reach by the industry’s first anniversary in June.”

New Jersey’s online sportsbook brands accounted for $298,3 million, or 80.8 percent, of total March bets. That’s even with the 80.8 percent of bets that flowed through online sportsbooks in February.

FanDuel Sportsbook/Pointsbet was the dominant online sportsbook, beating rival DraftKings Sportsbook, with $13.3 million in gross revenue, up from $6.59 million in February. DraftKings fueled Resorts’ $7.3 million in March, up from $3.7 million in February.

FanDuel Sportsbook at The Meadowlands remained tops in the retail market with $4.3 million in March gross revenue, up from $1.5 million in February. Monmouth Park followed FanDuel with $986,251.

“Online sports betting will continue to drive the market, and product innovations will likely bear much more fruit in the near future,” Gouker said. “New Jersey’s sportsbooks already offer the most advanced online product of any legal sports betting jurisdiction, and bettors have continually responded.”

PointsBet Announces Good Karma Payout, Refunds Bettors on Duke vs. UCF Game

Top-tier sportsbook operator PointsBet today announced a Good Karma Payout in response to last night’s Duke vs. UCF game, after a dramatic, unexpected and heartbreaking ending with a missed tip-in by Aubrey Dawkins, that led the Duke on a continued path for the championship. PointsBet’s Good Karma Payout has refunded all UCF moneyline bets in the form of bonus bets as part of the payout.

Good Karma Payout, which provides bettors relief in the event of unlikely circumstances that sway the fate of the game, is yet another feature in PointsBet’s offering that proves the company has the back of the bettor. The sportsbook is also offering refunds to sports fans who backed UCF via other sportsbooks and didn’t receive refunded wagers on the game. Bettors will just need to sign up with code KARMA and send PointsBet their bet slip through social media to receive up to $100 in bonus bets.

“PointsBet’s Karma Kommittee knew this morning’s meeting was going to be eventful following last night’s heart-wrenching finish,” said PointsBet U.S. CEO Johnny Aitken. “We know how wildly disappointing a loss like that feels, and we’re here to have the back of all bettors when the outcome of a game just isn’t fair. This Good Karma Payout gives bettors a chance to redeem themselves as March Madness continues on.”

PointsBet has previously announced Good Karma Payouts as a result of the Karma Kommittee meetings, most recently for the Duke vs. UNC game, where Zion Williamson left with an ankle injury after 33 seconds. The Karma Kommittee also refunded all bets in January’s notorious blown pass interference call in the Saints vs. Rams NFC Championship game.

To begin betting with PointsBet, visit www.PointsBet.com. New customers will receive a free $25 bonus bet (no deposit required). In addition, new users will be given the opportunity to place two risk-free bets, with coverage up to $1,000. Customers will have up to $500 in losses covered for both their first traditional wager and their first PointsBetting wager, designed to give bettors a chance to try out PointsBet’s signature offering risk-free.

DraftKings Finds Another Partner With A Million Dollars At Stake

By @TheDailyPayoff

You have to give it to DraftKings for looking high and low to find not just the bigger partnerships, but the most creative niche ones to draw attention in their Mano a Mano battle with Fan Duel as leaders in daily pay sports fantasy.

It’s latest partnership came Tuesday, when DK joined forces with another “disruptor” in sports, the Boston-based, The Basketball Tournament (TBT), a single-elimination, five-on-five, winner-take-all, open-application tournament.

The pair joined forces to come up with a promotional partnership for their 2015 event, which runs in July and August on ESPN (another DraftKings partner by the way). One of the 96 teams will get some elite status as being the “official” DK entry in the field.

Here’s how it works according to the press release: In order to win the DraftKings sponsorship, teams and their fans will compete in a DraftKings daily fantasy game centered on the NBA Conference Finals. Whichever fan or TBT participant wins the contest will also win a premium experience for himself or herself, a guest, and each member of his or her team.

The DraftKings sponsorship package includes travel to a region of the team’s choice, DraftKings-sponsored uniforms, and an apparel package from other official TBT providers, including Rock ‘Em Socks and iSlides. The uniform sponsorship represents a first for DraftKings and a first for TBT as well.

The interesting aspect of the partnership is its ties to the play in the NBA Conference Finals. This way a wide number of the participants ( 96 teams in the field when it is unveiled) makes for a solid growth pattern for a sport – hoops – that is not as much in the DK sweet spot as say baseball or the NFL. It also gives DK visibility in July when fans might be away from pay fantasy and are getting ready to gear up for NFL, which remains the big money area for pay fantasy.

“Our business is built around the passion of sports fans. The idea that anyone can build and be part of a championship team in The Basketball Tournament aligns perfectly with our DFS offering,” said Jeremy Elbaum, Vice President of Business Development at DraftKings in the release. “At DraftKings, any given day someone could skillfully create the perfect line-up and become a millionaire.”

In 2015, The Basketball Tournament will have 96 teams playing for a winner-take-all prize of $1 million. Opening rounds begin July 10-12 at regional sites in Los Angeles and Atlanta and continue July 17-19 in Chicago and Philadelphia with the winners playing down to an August 2 final in New York. ESPN’s platforms will carry a bulk of the early round games, with the semi-finals and finals airing live on ESPN as previously reported.

The question looms will this type of promotion change the game for Draft Kings? No. However like some of their other niche partnerships they are showing creativity and flexibility that brings casual sports fans to their platform and helps increase brand loyalty overall. Every time they touch a fan in a sport they are interested, they have a chance at conversion and for sure anyone interested in TBT is a core hoops fan or participant. It is low cost, with a chance at solid impact for DraftKings, and a nice talking point for an event looking to find its footing, a solid bet on a partnership for all involved.

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