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FC Twente: Financial Victory Beyond the Pitch! 🚀💰 The Dutch club just presented the financial numbers for 2022/23, and they are truly surprising! 📊 In a surprising turn of events, Twente FC is not just dominating on the field but making headlines off it too! 💸 In the 2022/23 season, the club secured a whopping 6 million euros in profits, and the star player? The sale of beer and tasty stadium bites! Our cheers are turning into serious cash flow! 🍺🌐 This financial triumph goes beyond player transfers, showcasing the crucial role of partnerships, from the iconic Grolsch to local eateries. Twente is proving that the real game is played not just on the pitch but beyond it! 🔄 Did you know that the name of the beer, Grolsch, is the same as that of our iconic stadium, Estádio Grolsch Veste? Every sip supports our financial success! 🌐 In a groundbreaking move, the profit of 6 million euros from hospitality surpassed the earnings from player transfers, 3.75 million euros! 📈 From the iconic Grolsch to the corner snack stands, each partnership is a testament to the thriving ecosystem that fuels our success. Twente FC is redefining the playbook, showcasing that financial triumphs come from teamwork both on and off the pitch. Cheers to every business ally contributing to our winning legacy! #TwenteFC #FinancialVictory #BeyondThePitch #BusinessGameStrong #UELinkedInMKTChallenge7

With all of the changes coming to technology in sports, #TeamSPB discusses some of the challenges with data, regulations, and more!

In the fifth article of the series I have written for LawInSport summarising the legal issues discussed at their Global Summit 2023, I provide my key takeaways from the Commercial Developments panel. A variety of perspectives were provided by Jeffrey Gewirtz, Xavier Cuch Grases, Arthur McAfee, III, Christopher R. Chase, Steve Bainbridge and Jamie Andrew. There is notably unrelenting growth in the commercialisation of sport and I outline the discussions that took place in this panel on topics including American Football, diversity, media rights and eSports. Please do have a read if interested! #sportslaw #footballlaw #sportsbusiness #sport #athletes #sportlaw #law #lawinsport #americanfootball #nfl #mediarights #esports

“Unlock the potential of the Multi-Club Ownership Model in football.”  We explore the exciting opportunities and challenges that come with this evolving ownership structure. From ensuring fair competition to respecting club identity and tradition, learn how responsible implementation can lead to financial stability, global reach, and exciting player development opportunities. Read our latest article to discover the road ahead for MCOs and how they can shape the future of football: https://lnkd.in/dVKmAxRj

👉 The #lotteries need flexible solutions and feature-rich systems to enhance player experience while making it easier for them to adapt to evolving trends and innovations. As we kick off Day 2 of the WLA and The European Lotteries Marketing Seminar in London, UK, Liz Bowles Button, Digital Product Manager, International, UK & Thomas Spöring, Director Business Development Digital & Sports International, Germany from WLA Platinum Contributor & EL Level I Partner - SCIENTIFIC GAMES elaborated on this and talked about Creating the "Sticky" Player Experience or creating value in the experience through delivering convenience and enjoyment. ❔ So how do you find the sweet spot that attracts players to get in the game and stay in it? 👍 Put the player at the center of the universe, which caters to convenience and enjoyment. Leveraging a wide array of digital products, features and services, allows the delivery of a seamless player experience, where everyone wins, especially lottery good causes.

Not sure how we feel about this. On one hand F1 will bring huge numbers to Vegas but on the other feels like things like this could have been sorted out a long time ago as part of the whole planning phase. If this is a new fee being put forward by F1, it seems a little late in the day to just spring it on the businesses it will impact. #f1 #lasvegas #formula1 https://lnkd.in/e_7xnKym

It is no surprise that elite sport is experiencing transformational change due to the increasing use of performance improvement technology. Yet, this shift brings its own set of challenges; navigating a complex regulatory environment, safeguarding sensitive data, and adapting to the evolving landscape of sports technology. #TeamSPB's David Naylor and Nagia (Nayia) Paraschou take a look in more detail: https://bit.ly/410IWxW #SportsLaw | #RegulationinSport | #SportTech

ONE MONTH TO GO | Take your January business to the next level with weeks of transfer talks in one Virtual Deal Day 🤝⏰ Time is precious in the January Transfer Window. So we're giving clubs and agents the opportunity to hold a series of transfer negotiations with decision makers from 100 leagues worldwide. All in one day, at the click of a button. 💻 Accelerate your winter transfer business and expand your global network. 🌍 ✍ Register now to avoid missing out: https://hubs.ly/Q02cZRpN0. #TransferRoomDealDay #SportsBiz #FootballBusiness

It’s not often you hear an apology from an organisation as big as the F1. But Greg Maffei, the Chief Exec of F1’s owner has apologised to ‘all of Las Vegas residents’ saying that ‘we appreciate their forbearance and willingness to tolerate us. If you didn’t know, this weekend F1 is hitting the streets of Vegas. It is the first ever F1 to hit the actual Las Vegas strip and as you can imagine it has caused chaos for everyone living there. There have been reports that Formula 1 have also angered clubs and restaurants along the strip, demanding up to $1500 per head for licensing rights. These are businesses that sit along the strip, whose trade has already been affected by the works disrupting access and whose customers will struggle to reach the venues because the race is taking over the whole area. If you have ever been to Vegas you will know that restaurants and clubs there are BIG. Some of these venues hold over 1000 people. Paying this licence fee will cost them millions. Millions for a view of a street they already pay to be on. Public places along the way have already had their views obscured. Windows along the bridges across the strip have been frosted. When angry tourists and locals wanting to take photos ripped this off, barriers were placed in front of the re-frosted glass. This F1 has definitely come at a huge cost. Will it actually be worth it? Will businesses recoup their losses? Will the race even return? Famous circuits like Silverstone pay an estimated $26 million dollars for the honour of hosting a race. The way the Vegas track has been crafted many are expecting it to have the highest DNF on record. The pit exit opens out to a corner where the natural driving line will make it incredibly dangerous to exit the pit. Drivers will either lose further seconds or will be forced to take significant risks. I have no doubt the event in Vegas will be a spectacle, but is a spectacle good for the sport? #F1 #Vegas #entertainment

WELCOME to the official LinkedIn company page for IBI International. Follow this page for strategies that can empower your betting business and maximize profits. Sports betting is more than just a business for us - it's our passion, our profession, and our mission. We live and breathe sports betting, and we're here to share that dedication with you. 🏆 #sportsbetting #business #IBI #EmpoweringYourBettingBusiness #sportsbook #consulting