iGB Intelligence reports Social Gaming report | Page 8

Executive summary play social products have struggled to gain traction with audiences – certainly on the scale achieved by traditional casino games. One reason is that sports betting, in a social media environment, lacks the instant gratification that is associated with casino games, particularly if users have to wait for realworld results to discover if they have won. Real-money gambling operators have even tried to fuse sports betting with social elements and Facebook, though this has hitherto proved a tough nut to crack. But that’s not to say sports betting and social don’t mix. Sportsbooks are big users of Facebook, Twitter, Instagram and even popular messaging apps like Snapchat as marketing weapons. Paddy Power is often cited as being head and shoulders above the competition and its social media reach is enormous, while the way in which it engages with and connects with its target audience is likely to play a key, although difficult to quantify, role in its retention efforts. For social and betting-focused start-ups, social media platforms provide access to so many 18- to 4 35-year-old punters flocking to Twitter or Facebook for team news, match updates and results, transfer rumours and conversation with their peers, that it seems obvious to target those channels to talk with, and market to, potential customers there. This age of mobile and social media, combined with sports betting, has to a large extent shaken off the negative stereotypes it may have had in the past and created a fertile environment where sports betting operators, start-ups and affiliates can build up their presence. Indeed, Millennial gamblers tend to share the experience of having a bet in a much more social and interactive manner than previous generations – it’s natural to combine sports betting with social media for many users. But while it is natural for these users to tweet or share their thoughts on which of their bets will come in, success for the social media/betting start-ups will surely depend on how well they harness those social tools to monetise those users or drive them to operator sites. iGaming Business Social Media & Mobile Betting Report