Written By:
Aimee Mittermayer, Content Producer at Eventus International
6 June 2023
Incorporating the term 'innovation' into a business model can often seem like a daunting task, requiring careful consideration and planning. The word is often thrown into team meetings, marketing copy, and business strategies, but its true meaning and implementation can sometimes be difficult to grasp. In the realm of AI technology, ‘innovation’ is not just a buzzword; it is a driving force that is reshaping industries and revolutionising the way we live and work. From advanced machine learning algorithms to natural language processing and computer vision, artificial intelligence and cutting-edge technology is enabling businesses to achieve remarkable levels of efficiency, productivity, and customer satisfaction.
With the Third Annual All American Sports Betting Summit just three weeks away, iGaming industry titans are gearing up to step in front of the microphone. The event's agenda is abuzz with conversations revolving around pivotal themes of "innovation." Engaging panel discussions on intriguing topics like "Identifying the market gap" and "Next growth products" showcases the event's strong emphasis on uncovering new avenues of growth. Additionally, the exhibition floor will be brimming with a plethora of innovative iGaming software providers showcasing cutting-edge products and services. This convergence of industry experts and solution providers creates an immersive environment to discover and experience the latest advancements, paving the way for groundbreaking developments in the iGaming landscape.
Hear from speakers who will be exploring topics and presenting attendees with intellectual insights on cutting-edge, hot-button issues in the realm of iGaming, sports betting, and technological advancements in the U.S. market.
Identifying the market gap – Emerging trends and how has technology changed the industry
Alexander Rea
Benjamin Truman
Kristy Gale
Zac Reynolds
Next growth products - How esports, gambling, and sports betting are converging
Bill Pacrell
Alexander Rea
Ben Fox
Martin Lycka
Tamara Daniels
The Impact of AI in Land-Based and Online Casinos
The possibilities for implementing innovative technology and artificial intelligence in casino and online gambling are vast and offer numerous advantages.
AI can personalise the playing experience for each patron by analysing their betting patterns and preferences, leading to greater player satisfaction.
The technology can also help players track their spending and offer tailored betting suggestions based on their financial situation.
AI can help detect patterns consistent with gambling addiction, allowing for proactive measures to assist problem gamblers.
The introduction of AI can bring new forms of betting and more efficient customer support through chatbots.
AI also plays a crucial role in fraud protection and data security, quickly identifying and mitigating unsavoury activities.
AI can assist in managing the customer lifecycle by predicting customer spending patterns and offering personalised rewards and incentives.
AI enables better cash flow management and has the potential to revolutionise virtual gaming on metaverse platforms.
The possibilities are endless and technology of this kind is being developed, tested and implemented as we speak.
The Impact of AI on the Sports Betting Market
In the world of sports betting, artificial intelligence is transforming the industry, particularly in the United States. While the gaming industry as a whole has been using AI for customer acquisition and customisation, the sportsbook side is increasingly leveraging the power of AI to mitigate risks and improve outcomes. Sportsbooks are utilising AI techniques to make more accurate predictions about future sporting events, benefiting both bettors and betting operators. This has resulted in increased winnings for punters and reduced losses for sportsbooks. AI is being utilised to safeguard the integrity of sports. Companies like Sportradar are leveraging AI's pattern-identifying capabilities to detect suspicious matches and protect the fairness of sports events. This focus on leveraging AI in sports betting is a crucial aspect for brands who understand that staying ahead of modern advancements is essential for long-term success.
Navigating Cutting-Edge Technology In a Competitive Market
Navigating the vast landscape of emerging technologies can be overwhelming, which is why it is crucial to seek guidance from industry experts. The All American Sports Betting Summit offers attendees a unique opportunity to learn from a lineup of visionary leaders and C-level executives. The event promises a captivating experience that goes beyond traditional approaches, featuring discussions on topics ranging from emerging technologies and profitable gaps in the U.S. iGaming market. Embracing the power of innovation and technological integration becomes essential for businesses to thrive in an era of constant change. Summits like AASBS 2023 provide a valuable platform to explore pioneering technology, foster an open mindset, and stay ahead in order to drive continued growth, gain a competitive advantage, and unlock endless possibilities for success.