Wizards Owner Says Gambling Is Next Big Growth Area

The transcript discusses the evolution of sports engagement, highlighting the rise of indoor sports and the integration of big data. It explores the shift towards direct fan interaction through multi-platform services and the growing acceptance of gambling in sports. The conversation also touches on the potential for team expansion and the financial implications of such moves.

What is one reason for the growing acceptance of gambling in sports?

• Lack of investment in sports teams

• Decline in sports viewership

• The rise of big data companies

• Increased popularity of outdoor sports

How do modern sports teams resemble software companies?

• They focus solely on physical attendance

• They have long-term contracts with sponsors

• They avoid using technology

• They do not engage with fans directly

What role does fantasy sports play in fan engagement?

• It decreases interest in game outcomes

• It isolates fans from each other

• It enhances interaction and interest in games

• It discourages communication among fans

What is Sport Radar's primary function?

• To manage sports team finances

• To discourage gambling

• To ensure fair play in betting

• To promote outdoor sports

What is a potential financial implication of adding a new sports team?

• Reduction in fan engagement

• Decrease in team values

• Increase in media revenues

• Team price exceeding a billion dollars