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F1 joins ISG and Sportradar to enable live in-play betting

Sportradar, with its Fraud Detection System already partners with most of the worlds leading sports rights holders including FIFA, NBA, NHL, IIHF, ITF, World Rugby, ICC, UEFA, AFC and CONMEBOL to support them in the fight against betting-related match-fixing and corruption. Sean Bratches, Managing Director, Commercial Operations at Formula 1 said: F1 is delighted to partner with ISG, which has demonstrated its impressive global capabilities through working with the likes of Serie A and La Liga. We are also hugely excited to work with ISG and Sportradar on making the most of the data which is generated at every Grand Prix. Sportradar are world leaders in data distribution and share our passion to make F1 a significant player in this field. Data and sponsorship partnerships like this are common practice across almost all premium sports and this is the latest step in our mission to make Formula 1 the worlds leading sports entertainment experience.

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FanDuel Is About to Launch Its Sports Betting App

FanDuel, however, spent time to design the app and make it more appealing to an American demographic. It was about putting egos aside and creating the best product we could develop with both of our skill sets, Bonaddio said. Rival DraftKings debuted its sports betting platform an entire month before FanDuel. Bonaddio explained that the process has taken longer than he wanted, but FanDuel was deliberate in working closely with regulators while developing the app. If regulators say, Jump, we say, How high? We couldve taken the approach of doing first and asking for forgiveness later, but its just not worth it for us to do that, he said. The sentiment was echoed by FanDuel CEO Matt King who told Fortune that his company treads carefully when it comes to regulation. Weve always taken a more conservative approach to the point where we deliberately didnt innovate in certain areas because we werent sure if it would be deemed acceptable, he said. On the eve of the NFL season kickoff, FanDuel is ramping up to launch its sports betting offering. Though the company has been beta testing its app for a few months by asking for user feedback and doing anecdotal interviews, it remains to be seen how it performs in the wild.

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