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The study found that seven out of 10 bettors surveyed are on Twitter and that conversation on the social media platform drives bettors to bet more frequently and place larger wagers. Additionally, according to the data provided to ESPN by Twitter:
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It adds up to a sporting experience infused at every level with gambling. Just as fantasy sports spread from the province of hard-core fans to just about everybody who follows sports, sports betting will balloon, too. Young fans who watch sports now because of the ability to gamble will continue to embrace betting¡¯s holy trinity of technology, social media and camaraderie. Meanwhile, sports leagues will understand that to thrive, they must partner with companies that provide instant, easy and personalized betting experiences and attract young fans for the long term.
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KYC ¡ª ¡°Know Your Customer¡± ¡ª has become sort of a catch-all phrase covering all facets of interaction with consumers. For online gaming, those facets include deposits and withdrawals, loyalty programs, and protections against fraud. In the online gaming world, fraud is the biggest worry for any company because the customer ¡ª now outside the brick-and-mortar location ¡ª starts as an anonymous person, and not everyone is as pure as the fallen snow.
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