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Interview with Max Wright, Chief Commercial Officer of IMG Arena
Jul 14, 2024
Interview with Max Wright, Chief Commercial Officer of IMG Arena
Introduction
Interviewer
: Megan from Gambling Insider
Interviewee
: Max Wright, Chief Commercial Officer of IMG Arena
Golf Betting and Visual Insights
Importance
: Visual insights are crucial in golf betting.
Complexity of golf: 70 golfers, different holes, 7-8 km of real estate.
Not like basketball or football where a single camera can show all action.
Solution
: Needed to communicate real-time golf action to consumers.
Use of shot Tracer/shot view from golf broadcasts.
Development of Golf Event Center with immersive visualization.
Metadata mapping of every hole, replicating individual trees, player positions, shot information.
Intuitive betting UI with contextual markets.
Challenge
: Bridging the gap between first and second screen experiences.
Golf Event Center as a potential first-screen experience.
User-friendly interface allowing toggle, zoom, and 360-degree views.
Use of AI in Golf Betting
Current Use
: Enhance manual tasks.
Example
: AI commentary tool providing real-time, qualitative shot analysis.
Compiling data and historical context (e.g., Rory McIlroy's shot stats).
AI adds human-like narration to raw data, providing a cohesive user experience.
Leap Gaming Acquisition
History
: Commercial strategic partnership with Leap for 5 years, acquired Leap a year ago.
Integration
: Leap is vital part of IMG's business.
Distribution of Leap's portfolio to IMG customers.
Examples
: Euro league Legends product—vintage sports product with betting components.
Use of historical broadcast footage to create engaging betting experiences.
Official tie-up with rights holders enhances product value (e.g., 2.5x turnover increase).
Event Centers and Hubs
Development
: Mixture of sports suitability and customer demand.
Aim to elevate second screen experiences to first screen levels.
Integration of player and ball tracking, computer vision solutions.
Examples
: Successfully implemented in golf and UFC, new launch with MLS in North America.
Broadcast Surrogates
: Providing event experiences where no live broadcast is available.
Women’s Sports and Monetization
Leadership
: IMG as world leaders in distributing women’s sports content in betting sector.
Collaboration with 34 federations.
Approach
: Treat women’s sports equally to men’s sports.
Always include women’s competitions in licensing deals (e.g., PGA Tour and LPGA).
Example: Deals with APL and Football Australia include both men’s and women’s competitions.
Revenue Distribution
: Generates revenue for rights holders, benefiting both men's and women’s competitions.
Conclusion
No additional remarks.
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Full transcript