Bets.tv, a domain name synonymous with the booming sports betting industry projected to reach $200 billion is now the center of a fierce bidding war.
LAS VEGAS, Oct. 30, 2023 /PRNewswire/ — Bets.tv, a domain name synonymous with the booming sports betting industry projected to reach $200 billion by 2030, is now the center of a fierce bidding war. In its first week listed for sale, bids for Bets.tv have exceeded $1.5 million, creating ripples in the digital landscape.
The unprecedented surge in sports betting, particularly in the United States, has catapulted Bets.tv into the limelight. Previously unavailable, this iconic domain name has garnered substantial interest, with a select group of organisations already engaged in negotiations under non-disclosure agreements.
Sebastian Entwistle, the broker for the sale, commented, "With one in five American adults having placed sports bets in the last year, and approximately 60% choosing to watch live sports from the comfort of their homes, Bets.tv presents unprecedented opportunities." Media giants, streaming companies, and sports book operators are among the primary contenders bidding for Bets.tv.
According to an industry insider, "The gaming landscape is changing as industry titans like Samsung and Sony explore pre-installed apps, that can include betting and travel services, on Smart TVs, turning them into marketplaces. This shift marks a transition from mere TV sales to generating revenues by taking a percentage of all transactions, potentially making Smart TVs more affordable or even free! Companies like FreeTelly.com are already giving away free Smart TVs in return for advertising."
Simon Entwistle provided additional insight, stating, "The allure of sports betting through your TV is greatly enhanced by voice commands, much like Siri or Alexa. This convenience allows you to simply ask your TV to place in-game bets, surpassing the traditional mobile betting experience. With American households now averaging between 2.3 to 3 TVs, we are witnessing a significant shift in how bets can be placed."
Bets.tv stands out in the competitive domain market, boasting global appeal and recognition. Its intuitive and memorable name uniquely positions it in a world where sports betting and entertainment intersect.
As this intense bidding war unfolds, Bets.tv remains at the forefront of an industry on the cusp of a paradigm shift.
View original content to download multimedia:https://www.prnewswire.com/news-releases/bidding-frenzy-for-betstv-a-game-changer-in-sports-betting-domain-names-as-bids-exceed-1-5-million-in-first-week-301970320.html
The agency is investigating whether the company uses pacts to restrict venues’ and artists’ ability to work with competitors.
The Pershing Square hedge fund manager warns social media has been amplifying hate for years to boost engagement and keep users scrolling through their sites.
(Bloomberg) — China’s largest social media players from Tencent Holdings Ltd. to ByteDance Ltd. have asked their most popular influencers to display their actual identities, a major shift that tightens Beijing’s grip over the world’s largest internet arena.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Biden Urges ‘Pause’ So Hostages Can Leave GazaReal Estate Industry Takes Fresh Hit With Verdict on CommissionsFed Signals Yield Rise Reduces Need
Your LinkedIn profile as an advisor shouldn't remain static. Here are seven ways to enhance your account so that potential clients can find you.
The Tesla CEO has brought in huge changes at the former Twitter with mixed success but is still hoping to disrupt a swathe of social-media platforms.
Microsoft's LinkedIn broke the law by suggesting to users that it can ignore their Do Not Track wishes.
LinkedIn, the business-focused social network owned by Microsoft, on Wednesday said it now has more than 1 billion members and is adding more artificial intelligence features for paying users. Crossing the billion-users mark puts LinkedIn – where members maintain a resume-like profile of their education, work experience and professional skills – in the top-tier of social media networks that include rivals such as Meta Platforms. About 80% of recent members are signing up from outside of the United States, the company has said.
(Bloomberg) — Zillow Group Inc. and other real estate stocks plunged after a Missouri jury struck a fresh blow against the battered industry, finding that the National Association of Realtors colluded to maintain high brokerage commissions. Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Blinken Returning to Israel; Refugee Camp HitReal Estate Industry Takes Fresh Hit With Verdict on CommissionsSaudi Forces on Alert After Clash With Iran-Backed Ho
The National Association of Realtors and other industry players conspired to boost the commissions paid to real estate agents, jury rules.
Oil prices plunged after word spread that the U.S. government plans to draw a record amount of oil from its emergency supplies.
Problems are piling up for electric vehicles. That's not good for Tesla, or any other auto maker.
Profits are about to take off in virtually every area of the market, Richard Bernstein Advisors says.
Palantir's (PLTR) top line in the third quarter of 2023 is likely to have been driven by healthy business from existing, as well as new customers.
The world runs on energy; just think about how much of your life depends on the little outlets in the walls. For now, the bulk of our power generation capacity is supported by fossil fuels, mostly coal and natural gas, that are pulled out of the ground. Long-term, however, the social and political pressures on fossil fuels are reducing their use, and will reduce it further. Despite huge subsidies, wind and solar power simply cannot replace the lost capacity, and we will have to find it somewhere
I Bonds haven't had a fixed rate above 1% since 2007 but they do now. What's the new interest rate for I Bonds bought from November through April?
Legendary investor Warren Buffett has achieved astounding returns throughout his career. From 1964 to 2022, his company Berkshire Hathaway Inc. (NYSE:BRK) delivered an overall gain of 3,787,464%, dwarfing the S&P 500's 24,708% return during the same period. Other than picking stocks that skyrocketed in value, Buffett also collects dividends — a lot of dividends. Buffett famously said, "If you don’t find a way to make money while you sleep, you will work until you die." Don’t Miss: Elon Musk has
Moves follow a large withdrawal of companies from Florida, whose CFO called them “the Bud Light of the insurance industry."
The Biden administration on Tuesday proposed a rule aimed at protecting retirement savers from conflicts of interest during account rollovers. President President Biden spoke Tuesday afternoon on what the White House has called a crackdown on “junk fees” in retirement planning. Such fees chip away at account balances over time, leading to lifetime savings that are up to 20% less than if advisors were held to the highest standards, according to a White House statement.
"These were hard but necessary steps to ensure Schwab remains highly competitive," the spokesperson said in an emailed statement. Banking heavyweights including Goldman Sachs and Morgan Stanley have joined the rest of Corporate America in cutting jobs and costs to better position themselves for a murky economic climate. In August, Charles Schwab disclosed plans to save $500 million by cost-saving measures and said at the time it would cut jobs, without disclosing the number of employees it was going to lay off.
PayPal reported Q3 earnings that topped estimates. Q4 guidance came in below views amid expected higher investments by a new CEO.