STOCK TITAN

TPT Global Tech Explores Global Sports Betting Feature for VüMe Super App to Enhance Live Sports Broadcasts

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

TPT Global Tech (OTC PINK:TPTW) is exploring the addition of a global sports betting feature to its VüMe Super App. This initiative aims to tap into the thriving online gambling market, projected to reach $100.9 billion in 2024 and $153.57 billion by 2030. The feature would allow users to watch live sports, interact with the community, and place bets in real-time, all within one app.

The company expects this integration to enhance user engagement, increase app usage, and open up new revenue streams through betting commissions and partnerships. It also aims to boost user retention and loyalty by providing unique value propositions. TPT Global Tech believes this feature will set VüMe apart from other super apps, attracting new users and fostering a vibrant community of sports enthusiasts.

TPT Global Tech (OTC PINK:TPTW) sta esplorando l'aggiunta di una funzionalità globale di scommesse sportive alla sua VüMe Super App. Questa iniziativa mira a sfruttare il fiorente mercato delle scommesse online, previsto per raggiungere i $100,9 miliardi nel 2024 e $153,57 miliardi entro il 2030. La funzionalità permetterebbe agli utenti di guardare sport dal vivo, interagire con la comunità e piazzare scommesse in tempo reale, tutto all'interno di un'unica app.

La compagnia si aspetta che questa integrazione migliorerà il coinvolgimento degli utenti, aumenterà l'uso dell'app e aprirà nuove fonti di guadagno tramite commissioni sulle scommesse e partnership. Punta inoltre a incrementare la retention degli utenti e la loro fedeltà fornendo proposte di valore uniche. TPT Global Tech crede che questa funzionalità distinguerà VüMe da altre super app, attirando nuovi utenti e favorendo una comunità vibrante di appassionati di sport.

TPT Global Tech (OTC PINK:TPTW) está explorando la adición de una función global de apuestas deportivas a su VüMe Super App. Esta iniciativa tiene como objetivo aprovechar el en auge mercado de apuestas en línea, que se proyecta alcanzará los $100.9 mil millones en 2024 y $153.57 mil millones para 2030. La función permitiría a los usuarios ver deportes en vivo, interactuar con la comunidad y realizar apuestas en tiempo real, todo dentro de una sola aplicación.

La compañía espera que esta integración mejore el compromiso de los usuarios, incremente el uso de la app y abra nuevas fuentes de ingresos a través de comisiones de apuestas y asociaciones. También pretende aumentar la retención y la lealtad de los usuarios al proporcionar propuestas de valor únicas. TPT Global Tech cree que esta función hará destacar a VüMe frente a otras super apps, atrayendo nuevos usuarios y fomentando una comunidad vibrante de entusiastas de los deportes.

TPT 글로벌 테크(OTC PINK:TPTW)는 VüMe 슈퍼 앱에 글로벌 스포츠 베팅 기능 추가를 탐색하고 있습니다. 이 이니셔티브는 급성장하는 온라인 도박 시장을 활용하는 것을 목표로 하며, 2024년까지 1,009억 달러에, 2030년에는 1,535억 달러에 이를 것으로 예상됩니다. 이 기능은 사용자가 실시간으로 스포츠를 시청하고, 커뮤니티와 상호작용하며, 실시간으로 베팅할 수 있도록 해줄 것입니다, 모두 하나의 앱 내에서.

회사는 이 통합이 사용자 참여를 증진하고, 앱 사용을 증가시키며, 베팅 수수료 및 파트너십을 통해 새로운 수익원을 열어줄 것으로 기대하고 있습니다. 또한 독특한 가치 제안을 제공함으로써 사용자 유지 및 충성도를 높이는 것을 목표로 하고 있습니다. TPT 글로벌 테크는 이 기능이 VüMe를 다른 슈퍼 앱과 차별화시켜 새로운 사용자를 유치하고 스포츠 애호가들의 활기찬 커뮤니티를 조성할 것이라고 믿고 있습니다.

TPT Global Tech (OTC PINK:TPTW) explore l'ajout d'une fonction de paris sportifs mondiale à sa VüMe Super App. Cette initiative vise à tirer parti du marché florissant des jeux en ligne, qui devrait atteindre 100,9 milliards de dollars en 2024 et 153,57 milliards de dollars d'ici 2030. La fonction permettrait aux utilisateurs de regarder des sports en direct, d'interagir avec la communauté et de parier en temps réel, le tout dans une seule application.

L'entreprise s'attend à ce que cette intégration améliore l'engagement des utilisateurs, augmente l'utilisation de l'application et ouvre de nouvelles sources de revenus grâce aux commissions de paris et aux partenariats. Elle vise également à renforcer la fidélisation et la loyauté des utilisateurs en fournissant des propositions de valeur uniques. TPT Global Tech estime que cette fonction distinguera VüMe des autres super apps, attirant ainsi de nouveaux utilisateurs et favorisant une communauté dynamique d'amateurs de sport.

TPT Global Tech (OTC PINK:TPTW) untersucht die Hinzufügung einer globalen Sportwettenfunktion zu seiner VüMe Super App. Diese Initiative zielt darauf ab, den blühenden Online-Glücksspielmarkt zu nutzen, der voraussichtlich 2024 $100,9 Milliarden und bis 2030 $153,57 Milliarden erreichen wird. Mit dieser Funktion könnten Benutzer live Sport schauen, mit der Community interagieren und in Echtzeit Wetten platzieren, alles in einer App.

Das Unternehmen erwartet, dass diese Integration das Engagement der Benutzer verbessert, die Nutzung der App erhöht und neue Einnahmequellen durch Wettprovisionen und Partnerschaften eröffnet. Außerdem zielt es darauf ab, die Benutzerbindung und -treue zu steigern, indem es einzigartige Wertversprechen bietet. TPT Global Tech ist überzeugt, dass diese Funktion VüMe von anderen Super-Apps abheben wird, neue Benutzer anzieht und eine lebendige Gemeinschaft von Sportbegeisterten fördert.

Positive
  • Potential to tap into the growing global online gambling market, projected to reach $153.57 billion by 2030
  • New revenue streams through betting commissions, partnerships, and promotional activities
  • Expected increase in user engagement, retention, and loyalty
  • Differentiation from other super apps by offering a unique sports betting feature
  • Cross-promotional opportunities between live sports broadcasts and betting activities
Negative
  • The sports betting feature is still in the exploration phase, with no concrete implementation timeline
  • Potential regulatory challenges and compliance costs associated with entering the online gambling market
  • Increased competition in the saturated sports betting app market

Revolutionizing Sports Engagement and Entertainment on the VüMe Super app "VüMe Bets"

SAN DIEGO, CA / ACCESSWIRE / July 19, 2024 / TPT Global Tech (OTC PINK:TPTW) is excited to announce that it is exploring the feasibility of introducing a global sports betting feature within the VüMe Super App. This initiative aims to revolutionize how users engage with their favorite sports by providing a seamless, secure, and integrated betting experience. Recognizing the significant revenue generated globally from mobile and internet betting, with the global online gambling market projected to reach $100.9 billion in 2024 and expected to grow to $153.57 billion by 2030, this new feature will seek to tap into a thriving market with the intent to position VüMe's as a premier Super app [oai_citation:1,Global Online Gambling Market Report 2023: Major Players] (https://finance.yahoo.com/news/global-online-gambling-market-report-144300946.html) [oai_citation:2,Online Gambling Market Size Worth $153.57 Billion By 2030](https://www.grandviewresearch.com/press-release/global-online-gambling-market).

The proposed sports betting feature is designed to significantly enhance user engagement by offering a dynamic and interactive platform. Users will be able to immerse themselves in the excitement of live games and place bets in real-time, thereby increasing overall app usage and extending engagement periods. Integrating sports betting with VüMe's existing functionalities will create a holistic ecosystem where users can watch live sports, interact with the community, and place bets - all within one app. This comprehensive approach caters to sports enthusiasts' desires for entertainment, interaction, and excitement.

Additionally, this new feature will open up fresh revenue streams through betting commissions, partnerships with betting services, and promotional activities, enhancing VüMe's profitability and financial sustainability. The sports betting feature is expected to boost user retention and loyalty by providing unique value propositions and continuous engagement opportunities. Users who enjoy betting are more likely to remain active and loyal to the platform, contributing to VüMe's growth.

Furthermore, integrating sports betting will set VüMe apart from other super apps by offering a niche yet popular feature, attracting new users and converting casual sports fans into regular app users. Combining betting with live broadcasts and social features will foster a vibrant community of sports enthusiasts. Users can share insights, discuss strategies, and celebrate wins together, enhancing the social aspect of the app and creating a loyal user base.

The synergy between live sports broadcasts and betting will create numerous cross-promotional opportunities. Special events, promotions, and exclusive offers during live broadcasts will drive betting activity, and vice versa, creating a mutually beneficial cycle of engagement. The sports betting feature is designed to evolve with user preferences and market trends. TPT Global Tech plans to expand its betting options, incorporate new sports, and innovate new betting formats, ensuring long-term growth and relevance.

"We are thrilled to explore the possibility of introducing sports betting to the VüMe Super App ecosystem," said Stephen J. Thomas III, CEO of TPT Global Tech. "This feature would not only enhance the user experience by providing a comprehensive and engaging platform for sports enthusiasts but also position VüMe for significant growth and differentiation in the market. Our users could enjoy watching live sports, interacting with their community, and placing bets all in one place. We believe this would revolutionize how fans engage with sports."

TPT Global Tech's exploration of the sports betting feature for VüMe highlights its commitment to pushing the boundaries of user engagement and entertainment, with intent to solidify VüMe's position as a leading super app in the market. By tapping into the global sports betting market, TPT Global Tech and its VüMe Super App platform is poised to leverage a substantial revenue stream, which the company believes will create shareholders value and excitement to its users worldwide.

About TPT Global Tech

TPT Global Tech, Inc. is a technology holding company based in San Diego, California. It was formed as the successor of two U.S. corporations, Ally Pharma US and TPT Global, Inc. The Company operates in various sectors including media, telecommunications, Smart City Real Estate Development, and the launch of the first Super App, VüMe Live technology platform.

As a media content delivery hub, TPT Global Tech utilizes its own proprietary global digital media TV and telecommunications infrastructure platform. They offer software as a service (SaaS), technology platform as a service (PAAS), and cloud-based unified communication as a service (UCaaS) solutions to businesses worldwide. Their UCaaS services enable businesses of all sizes to access the latest voice, data, media, and collaboration features.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of various provisions of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Specifically, statements about the Company's plans for accelerated growth, improved profitability, future business partners, M&A activity, new service offerings, and pursuit of new markets are forward-looking statements. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Such forward-looking statements should not be construed as fact. The information contained in such statements is beyond the ability of the Company to control, and in many cases, the Company cannot predict what factors would cause results to differ materially from those indicated in such statements. All forward-looking statements in the press release are expressly qualified by these cautionary statements and by reference to the underlying assumptions.

For more information about TPT Global Tech and its subsidiaries, please visit www.tptglobaltech.com.

For media or Investment inquiries, please contact: Rick@tptglobaltech.com

SOURCE: TPT Global Tech, Inc.



View the original press release on accesswire.com

FAQ

What new feature is TPT Global Tech (TPTW) exploring for its VüMe Super App?

TPT Global Tech is exploring the addition of a global sports betting feature to its VüMe Super App, which would allow users to watch live sports, interact with the community, and place bets in real-time.

How large is the global online gambling market that TPT Global Tech (TPTW) is targeting?

The global online gambling market is projected to reach $100.9 billion in 2024 and is expected to grow to $153.57 billion by 2030.

What benefits does TPT Global Tech (TPTW) expect from adding sports betting to VüMe?

TPT Global Tech expects the sports betting feature to enhance user engagement, increase app usage, open up new revenue streams, boost user retention and loyalty, and differentiate VüMe from other super apps.

How will the sports betting feature in VüMe impact TPT Global Tech's (TPTW) revenue?

The sports betting feature is expected to create new revenue streams for TPT Global Tech through betting commissions, partnerships with betting services, and promotional activities.

TPT GLOBAL TECH INC

OTC:TPTW

TPTW Rankings

TPTW Latest News

TPTW Stock Data

661.61k
6.57B
0.68%
Communication Equipment
Technology
Link
United States of America
San Diego