Paul Rabil

Check out some clips from my latest segment on VSiN, The Sports Betting Network discussing Week 15 best bets! #sportsbetting #football

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The U.S. sports betting market continues to grow as more Americans wager more money on live events. The AGA reported YTD commercial sports betting revenue reached $8.36bn through August (+30.4% YoY). However, the related advertising dollars are not flowing as easily as they once did with FanDuel and DraftKings Inc. entrenched as the regulated market leaders in all 30 legal mobile betting jurisdictions and the pace of states adding new OSB or online casino legislation having slowed to a crawl. Logic would suggest that reality will begin to impact sports rights owners and holders over time–if the trend doesn’t change. One “shouldn't assume that just because available ad dollars have dropped off this year, spending will stay at this level or drop off further in the future," Chris Grove (co-founding partner, Acies Investments) said. "There are numerous reasons why marketing spend could turn back upward.” But there is a new class of gaming companies –social sweepstakes casinos (think: VGW Play, Stake.us) and sportsbooks (think: Fliff Inc)– capable of helping sports properties and their media partners replace lost revenues in the interim. These entities are growing faster, operating in more states, and can be more profitable than regulated counterparts (though, none are nearly as profitable as FanDuel or DraftKings). For context, Virtual Gaming Worlds reported in September that it increased annual net profits by 30% YoY to $335mm on record revenues of $4.15bn. Sweepstakes are games of chance where no purchase is necessary to win. In a social sweepstakes sportsbook or casino players can also buy virtual coins that can be wagered and redeemed for real cash prizes. #sweepstakes #gaming #sportsbetting #sportsbiz #marketing #advertising #trends https://lnkd.in/egRbEuQp

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In the realm of sports betting, a wide array of adages and clichés pervade discussions. For example, when a betting aficionado scrutinizes the plausibility of a particular betting line, contemplating whether bookmakers are leading towards a risky wager, it prompts a deeper examination of the underlying implications. Respected gambling expert Joe Duffy reveals the subtle intricacies woven into each betting line, offering insights into the fundamental components and strategies that empower seasoned bettors to outsmart bookmakers. Explore the realm of NFL proficiency as Duffy unravels the covert tactics that underlie this thrilling betting pursuit.

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Have you heard about the NFL’s new "dynamic kickoff" rule? 🏈 It’s one of the most significant changes to kickoffs in recent years, and it's designed to keep players safer while adding more excitement to the game. Here’s how it works: The NFL has introduced a "landing zone," which is the area between the goal line and the 20-yard line. Now, any kickoff that lands in this zone must be returned. No more letting the ball bounce into the end zone for an easy touchback. If the ball hits the landing zone, it's game on. Plus, any kicks that fall short of this zone or go out of bounds will be placed at the 40-yard line, giving the receiving team a big field advantage. This rule definitely creates more action, but, it’s also reducing the high-speed collisions that make kickoffs one of the most dangerous plays in football. In the past, players on the kicking team had a full sprint head start before the ball was even fielded, leading to some brutal hits. With this new rule, both the kicking and receiving teams are restricted in how soon they can move after the ball is kicked, which should help reduce injuries. In the preseason, this new rule has already led to more kick returns, more big plays, and better starting field position for receiving teams… But personally, I think this is a great step forward for the safety benefits. While the game will always be about big plays and excitement, the safety of our athletes has to come first. I’m optimistic that this change will help protect players from unnecessary injuries while still keeping the thrill of the game alive. What are your thoughts on the new rule? #NFL #Football #AthleteSafety #PlayersHealth

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Are Injuries the Reason the Giants Let Dynamic Players Go? Explore the Giants' decision to let go of players like Zach King and the impact of injuries on their worth. Discover the considerations made by GMs and player personnel in evaluating contracts and potential replacements. #GiantsDecisions #PlayerInjuries #DynamicPlayers #GMConsiderations #ContractEvaluation #PotentialReplacements #FootballAnalysis #InjuryImpact #PlayerWorth #FootballContracts

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Live, work and play sports districts open 24//7 are the future of sports venues. 🕘 What started with major sports properties in the USA is now making its way internationally. 🌏 And for good reason. Live sports venues are increasingly competing for attention with a proliferation of mobile devices, streaming content, e-sports, and home entertainment. 🏟 To deepen connections with fans, attract new audiences, and increase ROI, sports organisations are looking for ways to boost year-round engagement. Enter… The rise of dynamic, multi use sports districts. 🤯 By activating venues and the experiences around them, sports and entertainment districts can generate new forms of revenue and help create 24/7 live-work-play communities. 1️⃣ So what’s next for sports and entertainment venue design? Well, it’s actually becoming clearer. The trend with sports arenas has been moving away from single-use, game-day venues towards entertainment districts. With facilities closely integrating into the cities and communities where they reside. 2️⃣ How has that approach changed over time though? Through urban planning as well as design with the key being multipurpose flexibility. You only have to look at what Real Madrid and Barcelona have done with their stadiums to understand the roadmap. An even greater example though is what the Chicago Cubs have done in and around Wrigley Field. They made targeted enhancements inside and outside the stadium with new housing, new commercial spaces, and new amenities. Wrigleyville is now an integrated hub within Chicago. A cohesive district and destination for more than baseball. ⚾ 3️⃣ So are sports owners now shifting their approach? Yes. Over the last 50 years, we’ve typically seen generational owners in sports. Now, you’re seeing owners who are businesspeople. Like Jim Ratcliffe. They’re activating around these sports properties because for them it’s about commercial opportunities and lifestyle. Only a few decades ago sporting events were about going to the stadium and that was the be all and end all of the fan experience. Venue owners wanted to get you in the gate as early as possible and extract as much dollar value from fans pockets. 💰 But that’s shifted. Fans going to a venue like LA LIVE to see The Lakers game are going early to have a coffee, heading to the museum, and watching the game. ☕ Then grabbing a drink of dinner afterwards. 🍺 4️⃣ But how can venues appeal to all types of fans? There’s a few ideas. Namely. By activating venues and the experiences around them. Strategic development with targeted adaptive reuse can allow existing urban assets to remain in place while reinvigorating the areas around them. What are your thoughts on the future of stadium design? P.S. Follow me (Chris Swadling) for more sports business content! #sportsbiz #urbanplanning #livesports #stadiumdesign

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NBA Teams & Links to English Football Clubs *Stan Kroenke: Majority owner of the Denver Nuggets & Arsenal. Nuggets player Russell Westbrook is also a stake holder in 49ers Enterprises, the ownership group of Leeds Utd *Leeds Utd ownership group consists of 49ers Enterprises, NFL Ventures & several NBA stars, New Orleans Pelicans Larry Nance Jr, Indiana Pacers TJ McConnell, Russell Westbrook of Denver & Golden State Warrior Andre Iguodala Thomas.  *Rudy Cline Thomas(RCT)- NBA agent, brought in NBA players. * RCT is vice chairman at Leeds & has family connections to the city of Leeds. *A year before RCT had been part of an Argyle Green syndicate that bought 20% into Plymouth Argyle *Wes Edens: Co-owner of the Milwaukee Bucks & co-owner of Aston Villa. *Jon Horst is a member of Argyle Green, LLC, which invested £4m for a 20% into Plymouth Argyle 2022. Horst is also the GM of the Milwaukee Bucks *Josh Harris & David Blitzer co-own the Philadelphia 76ers & are minority stakeholders (18% each) in Crystal Palace FC *Todd Boehly & Mark Walter are part of the Guggenheim Baseball Management consortium, which purchased the Dodgers in 2012 for $2bn & are co-owners of Chelsea FC. *Todd & Mark (lead investor) are apart of the ownership group Sparks LA Sports, LLC. which own WNBA side LA Sparks *SilverLake: Minority stake holders in CFG (parent company of Man City) own 10% Madison Square Garden which owns NewYork Knicks. *Aston Villa co-owner Naseef Sawiris also has a 6.3% stake in Madison Square Garden. *Liverpool & LeBron James: Initially James acquired a 2% stake in Liverpool 2011 for $6.5m. This investment was exchanged for 1% equity in FSG 2021. *James has ambition to own an NBA franchise in Las Vegas, which could happen after the NBA media deal concludes 2025. *A L.V franchise could cost $7bn, James is expected to partner with FSG & RedBird Capital. *Kevin Nagle purchased 100% of Huddersfield Town in 2023, he also has a minority stake in NBA’s Sacramento Kings. *Tom Brady has a minority stake in WNBA Las Vegas Aces. Brady has a 3.3% shareholding in Birmingham City through Shelby Companies Ltd, the vehicle used by Knighthead Capital Management *AFC Swansea: Steve Kaplan jointly owned 64% in AFC Swansea up-until Nov 2024 when he sold his shares. Kaplan has shares in the NBA’s Memphis Grizzlies. NBA players links to global football clubs *Kevin Durant recently invested in PSG through his company Boardroom Sports, in partnership with Arctos Partners. Kevin also owns 5% in MLS franchise Philadelphia Union. Arctos has stakes in FSG. *James Harden: owns 5% in both MLS Houston Dynamo & NWSL Houston Dash *Magic Johnson: 2016 became co-owner of LAFC, also has a stake in WNBA LA Sparks. *Giannis Antetokounmpo: is a co-owner of Nashville SC *Steve Nash: owner of MLS Vancouver Whitecaps since 2009 * 2016 Nash invested in Spanish team RCD Mallorca. *His brother Martin Nash gained 38 caps for Canada. #Multisportsownership #footballbusiness

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One of the 𝘪𝘯𝘵𝘦𝘳𝘦𝘴𝘵𝘪𝘯𝘨 𝘴𝘵𝘢𝘵𝘴 about emerging sports... Is the money flow to professional leagues vs recreational players. 𝗙𝗼𝗿 𝗲𝘅𝗮𝗺𝗽𝗹𝗲 𝗹𝗼𝗼𝗸 𝗮𝘁 𝗽𝗶𝗰𝗸𝗹𝗲𝗯𝗮𝗹𝗹 (𝘃𝗶𝗮 𝗔𝗣𝗣 𝘀𝗮𝘆𝗶𝗻𝗴 𝘁𝗵𝗲𝗿𝗲 𝗮𝗿𝗲 𝟰𝟴 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗽𝗹𝗮𝘆𝗲𝗿𝘀): • 1 million players (2%) are on the pro side • 47 million players (98%) are on the recreational side While pro players and fans make up only a 𝘴𝘮𝘢𝘭𝘭 𝘱𝘰𝘳𝘵𝘪𝘰𝘯 of the market, they have garnered 𝘵𝘩𝘦 𝘮𝘢𝘫𝘰𝘳𝘪𝘵𝘺 of attention and investment. 🔎 I am curious to watch this trend in other sports like Padel and Cricket.

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This is a very thorough analysis of the impact a franchise player could have when signed to a Club, if, and only if the relationship is exploited in more ways than just the game performance and also thinking long term. https://lnkd.in/eM-2axKF

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Navigating Market Price Fluctuations in Sports Event Budgeting 🏅💸 Managing a sports event budget with fluctuating market prices can be challenging. Here’s how to stay on track: 1️⃣ Forecast and Plan 📊 - Use historical data to predict price changes. 2️⃣ Build Flexibility 🔄 - Include a contingency fund for unexpected costs. 3️⃣ Negotiate Contracts 🤝 - Secure fixed-price contracts to lock in costs. 4️⃣ Bulk Purchases 🛒 - Buy in bulk when prices are low. 5️⃣ Monitor Trends 🔍 - Adjust purchasing strategies based on market trends. 6️⃣ Alternative Suppliers 🔄 - Have backup suppliers for competitive pricing. Proactive budget management helps navigate price fluctuations and ensures event success. How do you handle budget challenges? Share your tips in the comments! 🌟 #SportsEventManagement #Budgeting #MarketFluctuations #EventPlanning

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Defense Wins titles? (a CFB playoff 2024 observation) The most important performance metric we use to quickly evaluate team quality is scoring efficiency. The last 25 national champs have finished the regular season in the TOP 3 of offense or defense scoring efficiency. With the new 12 team playoff we should see 9 of the top 10 power 4 scoring efficiency defenses in playoffs. Currently that is Texas, Notre Dame, Ohio State, Tennessee, Alabama, Oregon, Penn State, Indiana, Ole Miss and South Carolina. Offense sell tickets but defense is going to win the title. Side note for playoff interested folks: Strength of Schedule has zero correlation with the quality of a team and should only be used as a tie breaker. And please understand with just 3 non conference games, there will never be a SOS model that is statistically relevant. We prefer our simple model with has just the 3 biggest game outcome predictors in CFB, but we feel it is not good enough because the data doesn't exist to make it so.

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"Loft extends beyond a number—it's the dynamic angle of the clubface at impact, known as effective loft. Mastery of this concept boosts driving performance, ensuring optimal impact with every swing." See article to learn more about how to master the effective loft! https://lnkd.in/eZviVQeN

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It was a great conversation diving into the innovative work you're doing at BettorTakes. Excited to see how your platform continues to evolve and provide value in the sports betting landscape. For anyone interested in the intersection of sports tech and betting, be sure to check out the episode! #sportsbusiness #sportstech #sportstechnology #sportsbetting #betting #sports #technology

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As a young sports manager, it's essential to stay ahead of the trends affecting all levels of the industry today, from Major League Sports to Minor League, NCAA, and Independent Sports Leagues. Here are four key issues to focus on in 2024: 1. Leveraging AI: Generative AI can revolutionize how you engage fans. Embracing AI can give your team a competitive edge and enhance the fan experience. 💠 A study by Deloitte highlights that 60% of sports organizations plan to increase their AI investments in 2024 to enhance fan engagement 2. Diversifying Revenue Streams: Traditional revenue sources like ticket sales are no longer enough. Explore new opportunities such as streaming services, digital partnerships, and community events. These strategies can help stabilize finances and grow your fan base. 💠 NCAA programs have seen a 30% increase in revenue from streaming partnerships and digital media rights 3. Sustainable Events: Focus on making these events cost-effective and sustainable by adopting eco-friendly practices and engaging local communities. Successful events will attract more fans and sponsors. 💠 The 2023 MiLB playoffs adopted sustainable practices, reducing waste by 25% and attracting additional sponsorship from eco-conscious brands 4. Navigating NIL Changes in College Sports: Name, Image, and Likeness (NIL) regulations are transforming college athletics. Ensure fair compensation for athletes while maintaining academic integrity. Develop strategies to attract and retain talent in this new landscape. 💠 Colleges that effectively managed NIL opportunities saw a 15% improvement in athlete retention and recruitment Staying informed and adaptable will help you navigate these challenges effectively. #Sportsbiz #Strategy #Business #Challenges #Leadership #Technology #Licencing #Sustainability

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