The Las Vegas Thread

[Wb1234]

The nrl has a full time and highly paid ceo who reports to the board

vlandys of chairman of the board which is a different role he has for racing nsw where he is ceo

people are too stupid to know the difference

 

[yakstorm]

I'm not going to pretend to know what PVLs strategy is for making millions of dollars from gambling in the US, but I don't see official sports data as being the significant stream.

The major sporting leagues make between 15m - 40m annually for their official feeds (with the MLB & NBA collecting the largest fees) and its not like providing this service isn't without significant cost either.

The NRL also already has a partnership in place with SportsRadar (who the NBA also sell their feeds through), so I feel like whatever fee they could get for this, they're already collecting, though maybe there are consumption fees or something along those lines which the NRL benefit from off the back of the double header.

For the major US sports, they generally make more money from sports betting companies through the guise of direct partnerships and add ons to the broadcast. For the NBA, the sponsorships were worth over 400% more than what they were getting from feeds.

The NRL isn't going to get any TV uplift from 2 games, so maybe they hope to get more in sponsorship? The one thing in their favour is there are 3x companies that controls 85% of the sports betting market in the US, they are DraftKings, BetMGM and Flutter.

Flutter, the NRL already has a relationship with, so maybe there is some opportunity there or maybe Pointsbet, who are desperately trying to establish market share in the US, might be offering something.

That said, I don't imagine the NRL being able to secure massive sponsorship deals from betting companies for just a double header, but I could be wrong. People like Colin Smith from Global Media & Sports, Matt Tripp from Betr, Jason Bourne from Miami University Institute on Responsible Gaming and Clayton Larcombe from PAC Capital all have said they feel there are millions for the NRL to make through this venture, especially through exclusive deals (which I don't know exactly what that means in terms of US gambling). Maybe they are being a bit delusional, although we will see soon enough.

For me, this event feels a lot like a lot of concepts when it comes to Rugby League, with dollar figures or reach being exaggerated on all sides. Cost wise, this event isn't that big of a risk, and it has some pretty solid partners behind it helping cover some of the big expenses (ie. Flights). Same, some of the revenue figures being thrown around are simply crazy.

 

[Wb1234]

The nrl will be working with that new gambling thing news ltd and Matty tripp set up amongst others

 

[Perth Red]

The nrl has a full time and highly paid ceo who reports to the board

vlandys of chairman of the board which is a different role he has for racing nsw where he is ceo

people are too stupid to know the difference

Boards should be noses in, fingers out.
Vlandys thinks he's CEO, chairman and head referee lol

 

[Wb1234]

Boards should be noses in, fingers out.
Vlandys thinks he's CEO, chairman and head referee lol

Maybe you should google who else is on the arlc board then have a look at their prior experience

sht posting is funny but it’s got to have some semblance of reality

 

[BuffaloRules]

Beyond my own numerous sports betting habits … particularly on the NFL and NRL…. I know very little about the industry of Sports gambling in Australia and nothing about it in the US…so I can’t explain how the NRL benefits cash wise from increased betting turnover in the US….

One thing I will say about NRL sports betting ….in my view the method of scoring does provide a superior experience to bet on compared with sports like soccer and baseball which are low scoring … also soccer has the draw option as well so you have three result options, which I don’t think is ideal outcome for the sports better ..

Whilst the NRL season mostly avoids the big Daddy NFL season in the US…providing incentives for Betting agencies over there looking at other options to fill in the NFL offseason… if you are a serious sports gambler then you want to be watching the games live … so as has been mentioned … the time difference aspect is a major problem for the NRL to overcome given most games are played in the early hours of the morning US time …

I actually think Europe is a better market for NRL sports betting, and I have noticed French betting agencies promoting NRL games on Twitter over the past 12 months …

 

[comeinpeace]

Vegas could very well be a good move and some element of gambling sponsorship or whatever could be part of that ...

That could very well make the Vegas expedition a break-even adventure with the upside of growing the game. No doubting that.

Just that the maths dividing the overall size of the gambling industry in America, and saying that this can lead to x amount for the NRL ... are using Australian maths which don't make sense in America.

But V'Landys has specifically said that the wagering revenue to the NRL could double whatever subscription revenue is already generated (which he has already quoted as 3 million Americans, which is ridiculous). He's said it could be worth tens of millions, if not hundreds of millions of dollars.

But lets ignore that aside and assume there's an average American fan who buys an NRL subscription because they love the game, and they want to gamble on it, because they're a night shift worker or whatever.

How exactly is that individual's decision to do that going to flow to revenue to the NRL?

Will their viewership be worth so much that US based gambling advertisers start advertising on US-based NRL broadcasts?

Is the value of NRL logos and datas so great that bookmakers will pay the NRL directly for it?

Even if the NRL can find a niche in America, it's not going to be worth hundreds of millions of dollars.

For instance - the Bundesliga soccer league - in a better time zone for Americans, with more interest, with more familiarity, with more gambling, gets $30 million per year from ESPN to broadcast in America. Obviously it's a fraction of La Liga and the EPL in America, but that's the frame of reference we've got to work with here.

I have no doubt that there's a lot of good work being done behind the scenes to make it a viable move, but to spout that hundreds of millions or whatever is going to be gained by gambling revenue or TV subscriptions has no basis in reality or whatever.

 

[Wb1234]

Vegas could very well be a good move and some element of gambling sponsorship or whatever could be part of that ...

That could very well make the Vegas expedition a break-even adventure with the upside of growing the game. No doubting that.

Just that the maths dividing the overall size of the gambling industry in America, and saying that this can lead to x amount for the NRL ... are using Australian maths which don't make sense in America.

But V'Landys has specifically said that the wagering revenue to the NRL could double whatever subscription revenue is already generated (which he has already quoted as 3 million Americans, which is ridiculous). He's said it could be worth tens of millions, if not hundreds of millions of dollars.

But lets ignore that aside and assume there's an average American fan who buys an NRL subscription because they love the game, and they want to gamble on it, because they're a night shift worker or whatever.

How exactly is that individual's decision to do that going to flow to revenue to the NRL?

Will their viewership be worth so much that US based gambling advertisers start advertising on US-based NRL broadcasts?

Is the value of NRL logos and datas so great that bookmakers will pay the NRL directly for it?

Even if the NRL can find a niche in America, it's not going to be worth hundreds of millions of dollars.

For instance - the Bundesliga soccer league - in a better time zone for Americans, with more interest, with more familiarity, with more gambling, gets $30 million per year from ESPN to broadcast in America. Obviously it's a fraction of La Liga and the EPL in America, but that's the frame of reference we've got to work with here.

I have no doubt that there's a lot of good work being done behind the scenes to make it a viable move, but to spout that hundreds of millions or whatever is going to be gained by gambling revenue or TV subscriptions has no basis in reality or whatever.

 

[Wb1234]

 

[Munky]

The nrl will be working with that new gambling thing news ltd and Matty tripp set up amongst others

You mean this one?

Who’s to blame for News Corp’s $75m gambling problem?

The launch of gambling start-up Betr was supposed to be the next strategic play for News Corp. Just four months after launch and $75 million later, it was out.

www.afr.com

 

[Wb1234]

You mean this one?

Who’s to blame for News Corp’s $75m gambling problem?

The launch of gambling start-up Betr was supposed to be the next strategic play for News Corp. Just four months after launch and $75 million later, it was out.

www.afr.com

It was rumoured vlandys was going to leave the nrl and take up a leadership role

this gambling thing has been on the cards for ages

Matt Tripp has made his fortune from it and storm players were even allowed to buy shares in one of the business

Betting agency’s $40m payout for Penrith premiership believed to be largest in Australian history | Gambling | The Guardian

News Corp-backed Betr attracted controversy last year when it offered 100-1 odds on the 2023 NRL and AFL grand final winners, as well as other sports

amp.theguardian.com

He seems pretty happy with how many customers it has

 

[Munky]

It was rumoured vlandys was going to leave the nrl and take up a leadership role

this gambling thing has been on the cards for ages

Matt Tripp has made his fortune from it and storm players were even allowed to buy shares in one of the business

Betting agency’s $40m payout for Penrith premiership believed to be largest in Australian history | Gambling | The Guardian

News Corp-backed Betr attracted controversy last year when it offered 100-1 odds on the 2023 NRL and AFL grand final winners, as well as other sports

amp.theguardian.com

He seems pretty happy with how many customers it has

Newscorp already divested from Betr at a huge loss if reports are correct.

 

[Wb1234]

Newscorp already divested from Betr at a huge loss if reports are correct.

News Corp sells stake in gambling startup Betr after initial investment of $70m | Gambling | The Guardian

Betr chairman says he is grateful for media company’s ‘initial and ongoing support’ but that it is no longer an investor

amp.theguardian.com

Your right

this says some Las Vegas firm is an investor

now it makes sense

Tekkorp

We advise and invest in public and private companies who innovate in the global digital gaming ecosystem

www.tekkorp.com

 

[Perth Red]

Haha we are going to vegas because we have a connection in a betting company owned by a vegas outfit.
So Rugba League under Vlandys

 

[AlwaysGreen]

Haha we are going to vegas because we have a connection in a betting company owned by a vegas outfit.
So Rugba League under Vlandys

I think you're confused. AFL is going to Bendigo at best.

 

[Iamback]

Vegas could very well be a good move and some element of gambling sponsorship or whatever could be part of that ...

That could very well make the Vegas expedition a break-even adventure with the upside of growing the game. No doubting that.

Just that the maths dividing the overall size of the gambling industry in America, and saying that this can lead to x amount for the NRL ... are using Australian maths which don't make sense in America.

But V'Landys has specifically said that the wagering revenue to the NRL could double whatever subscription revenue is already generated (which he has already quoted as 3 million Americans, which is ridiculous). He's said it could be worth tens of millions, if not hundreds of millions of dollars.

But lets ignore that aside and assume there's an average American fan who buys an NRL subscription because they love the game, and they want to gamble on it, because they're a night shift worker or whatever.

How exactly is that individual's decision to do that going to flow to revenue to the NRL?

Will their viewership be worth so much that US based gambling advertisers start advertising on US-based NRL broadcasts?

Is the value of NRL logos and datas so great that bookmakers will pay the NRL directly for it?

Even if the NRL can find a niche in America, it's not going to be worth hundreds of millions of dollars.

For instance - the Bundesliga soccer league - in a better time zone for Americans, with more interest, with more familiarity, with more gambling, gets $30 million per year from ESPN to broadcast in America. Obviously it's a fraction of La Liga and the EPL in America, but that's the frame of reference we've got to work with here.

I have no doubt that there's a lot of good work being done behind the scenes to make it a viable move, but to spout that hundreds of millions or whatever is going to be gained by gambling revenue or TV subscriptions has no basis in reality or whatever.

So the Souffs part owner who also part owns the Utah Jazz has no idea about the US Market?

That is just one of a few people in the game with a decent knowledge of both markets

 

[Iamback]

Haha we are going to vegas because we have a connection in a betting company owned by a vegas outfit.
So Rugba League under Vlandys

the only thing funnier is you claiming to be a RL fan

 

[comeinpeace]

So the Souffs part owner who also part owns the Utah Jazz has no idea about the US Market?

That is just one of a few people in the game with a decent knowledge of both markets

We talking about Mike Cannon-Brookes?

He spends most of his time worrying about climate change and software development, yet because he's a billionaire and put some money into sports among a million other investments, he's now a person with "decent knowledge"?

 

[Wb1234]

FMD it’s funny seeing trolls get exposed

the duality of Las Vegas and ads saying rugby league are number one sure have triggered non rugby league fans

wonder if they will be watching regardless

 

[Wb1234]

Haha we are going to vegas because we have a connection in a betting company owned by a vegas outfit.
So Rugba League under Vlandys

A two minute google search showed links to a las Vegas betting company

I know you like posting bs but it’s obvious Matt trip and vlandys have discussed the idea intensely and It’s no coincidence they are taking games to Vegas

you should be happy pretty sure the storm players have equity on betr

this time they can buy their boats legitimately