Our CEO, Richard McGuire, spoke to SBC Magazine for this month’s magazine. Read the article below on how we are about to enter the most challenging period in history, but how we remain well positioned for change and challenge in 2020.
Download the Sportech article here and read the entire magazine here.
Update from Bump 50:50
Bump 50:50, a division of Sportech Racing and Digital, helped Daytona International Speedway hit a record raffle jackpot at this year’s Daytona 500 event. Daytona International Speedway raised a whopping $344,192 using the Bump 50:50 platform online and at the Speedway, a record jackpot for the 3-day event.
50/50 raffle ticket proceeds benefit Veterans Tickets Foundation (Vet Tix), Daytona International Speedway’s chosen charity, which provides major sporting event tickets to more than 21 million Military Service Members and Veterans.
The jackpot of the 50/50 raffle is split in half, raising $172,096 for Vet Tix while $172,096 goes home with the lucky winning ticket holder.
This is Bump’s third year at Daytona 500 International Speedway, in 2018 $56,398 was raised and 2019 $233, 022 was raised for Vet Tix. The team at Bump are delighted with the 510% growth from 2018 at Daytona 500 and look forward to hit another jackpot at next year’s event.
For more information about Bump 50:50 and their electronic raffle systems, visit here.
Update from Sportech Bump 50:50
Sportech’s Bump 50:50 celebrated another successful launch with the kick-off of a new 50/50 raffle program for the University of Pittsburgh. This season, Sportech will provide its digital 50/50 raffle solution during certain University of Pittsburgh’s Men’s home basketball games.
For the University of Pittsburgh, Bump 50:50 is delivering its integrated raffle solution including its proprietary technology and its signature design and implementation package consisting of marketing, selling, and operational strategies.
Dan Tanenbaum, President of Bump 50:50, commented, “We were thrilled to welcome the University of Pittsburgh as our first new client of 2020 and are very excited to deliver an engaging raffle to their fans as well as vital funds to support the mission of the University of Pittsburgh Department of Athletics.”
Update from Sportech Bump 50:50
Sportech’s Bump 50:50 has been selected by Sinai Health Foundation to provide electronic 50/50 raffle programs online at www.sinai.bump5050.com and during designated events in Ontario, Canada.
Bump 50:50 launched the new Sinai Health raffle service in October, delivering their innovative package of online and in-stadia electronic raffle technologies and proven marketing strategies. The raffle will progress through to the 6th January drawing.
Sinai Health Foundation is one of the recent additions to the Bump 50:50 client roster from the world of non-sports related charitable organizations. Bump has over 90 clients from the worlds of professional and collegiate sports, entertainment events, and charitable foundations.
Bump 50:50 provides a package of electronic raffle technologies and services that is proven to help charitable foundations implement successful electronic 50/50 raffles. In addition to point-of-sale hardware and software, the Bump 50:50 package includes a triple-redundant central system and rapid-response services. Bump’s signature implementation and marketing package helps maximize the potential of its customer’s 50/50 raffle programs, generating raffle jackpots as high as four hundred thousand dollars.
For more information about Bump 50:50 and their electronic raffle systems, visit the Bump 50:50 website.
Dan Tanenbaum, President of Bump 50:50, a division of Sportech Racing and Digital, took time out of his busy day to answer some questions for iGB North America Magazine on In-Stadia Betting. The article “In The Thick Of The Action” was published in Issue 41 last week.
The article examines how sporting arenas are “evolving into technologically advanced entertainment platforms, rather than simple venues where people gather to watch live sport”. The article discusses three main factors that contribute to in-stadia betting; “Stadium As A Platform” suggesting the stadium is more than another betting venue, “Preparing The Ground” for legal wagering in state regulation, and “The Mobile Question” how a partnership between a venue and an operator could look.
Dan comments on how Bump has already entered into many stadiums with technology for raffles and prepared the ground for future betting.
“[While] we don’t really view Bump’s charitable raffles as ‘gambling’ per se, in the US and Canada it is the only way to legally win money at a game right now,” he explains. “And, in cases where the activity is permitted, raffles prepare the stadium and its staff for betting activity.”
Dan says “a significant portion” of Bump 50:50 raffle sales come through kiosks or roaming sales agents, but adds it also provides sales via web and mobile devices where permitted by law.
From experience, Bump 50:50 have also created solutions to some of the mobile questions raised in the article. They have developed core processes to mitigate some of the technical limitations, such as concentrated wi-fi demands and exclusivity zones. Dan explains “the implementation of in-stadia betting in the US will be determined by the limitations imposed by regulators more so than by exclusivity agreements.”
Find the full article here.
For more information about Bump 50:50 and their electronic raffle systems, visit the Bump 50:50 website.
Sportech, the international gaming technology business, is pleased to announce that it has been accepted as an Associate Member of the World Lottery Association, a global professional association of state lottery and gaming organizations from more than 80 countries.
Sportech joins WLA’s associate members from the worldwide lottery supplier industry on the basis of the company’s longstanding expertise as a provider of enterprise gaming solutions to national lottery, pools lottery, and charitable sports raffle operators.
Building on established lottery supply contracts in North America, Europe and the Caribbean, Sportech is making significant investment in lottery with technology and talent secured with the 2019 acquisition of Lot.to Systems, the integration of lottery bets on Sportech’s Quantum™ System software, and rapid growth in its Bump 50:50 sports raffle business.
Julian Bewley, Chief Commercial Officer of Sportech PLC, said, “Sportech are thrilled to join the WLA as an associate member and for the opportunity to contribute to the industry and its growth through our passion for making lottery games more appealing, accessible, and fun and to giving lottery operators innovative tools and strategies to propel their business forward.”
