Now that technology has developed so much that the activities of companies in various fields depend on it and even help increase performance, business models are changing.
Artificial intelligence and machine learning are part of many areas of science and everyday life. There are such applications for financial services, medicine, autonomous driving, but also for the betting & gaming industry.
Large companies in these sectors have understood the opportunity offered by the current use of mobile devices so that they have become providers of information technology, following the Big Four Tech model – Amazon, Apple, Facebook, Google.
This translates into better and more diverse customer experiences, which means a more sustainable business, but also a more responsible one.
The use of information technology as a foundation in the area of trading, betting & gaming has a positive impact in addressing the issue of addiction.
In this way, with the help of technology, a behavior that tends to become addictive and possibly block access to the platform for a period of time can be stopped in time. But, just as well, technology can work to the advantage of companies in this industry and can even limit significant losses by calculating all the risks in real time.
The sports betting industry is starting to look like the financial industry very quickly. As a result, many bookmakers are moving to have their own models to predict the outcome of sporting events (similar to banks, which have large amounts of data that set stock option prices), while some experts validate and monitor the models.
Robots make financial transactions with astonishing speed, and based on artificial intelligence they can react to news in the press in real time. Correlations can be made with super speed, and the trading decision can be made much faster than the trader / broker can.
Are betting & gaming and trading companies turning into technology companies? How important is the technology behind such companies and what is it aimed at? Will artificial intelligence be able to make accurate predictions?
#2021 TECH SUMMIT will be broadcast online on the newsweek.ro website (Top 10 most read News and Analysis sites in Romania, according to SATI – average monthly traffic of over 2.1 million unique per month) and on the page Newsweek Romania‘s Facebook page (over 52,000 followers and a monthly reach of over 5 million posts).
Executive President, Sports HUB
Virgil is currently the Executive Director of CEO Clubs Romania and President of Sports HUB. He has been ten years the captain of the Romanian National team and five years he has been named the Best Romanian Basketball Player.
With an impressive career, Virgil played basketball at the highest level in Europe, with appearances in Euroleague, Euro Cup and EuroChallenge. After his sport career, he remained in basketball taking the role of president of Steaua CSM EximBank team, and was also elected as Vice-President of the Romanian Basketball Federation.
He is a graduate of the University of South Alabama, where he has been recently inducted in the USA’s Hall of Fame. Virgil holds a masters’ degree in Economical European Integration from the University of Arts and Sciences “Gheorghe Cristea” , a masters’ degree in Leadership and Management from Northumbria University (UK), and a coaching degree from the National Coaching School “ANS”.
President, Remote Gambling Operators Association
Odeta Nestor holds the position of President of the Remote Gambling Operators Association with 10 years of experience in regulatory affairs in the gambling industry, cumulating with over 17 years of experience in economics and finance.
Also held the position of President of the National Gambling Office, with impressive professional performance, Romania becoming one of the countries in the European Union with the best legal regulations in the online gambling sector.
The Remote Gambling Operators Association was established out of the desire to bring under the same roof the main operators of remote gambling, for a clear representation in the industry. The main purpose of the association is to promote and protect the rights and interests of remote gambling operators, licensed in Romania.
The Remote Gambling Operators Association also focuses on mediating the relationships of remote gambling operators with government institutions, as well as maintaining a balanced environment in competition in this industry, supporting the competent bodies in improving legislation and influencing the industry for development, in a responsible environment, for the benefit of the public and the economy.
CEO Newton Slots and Winner Online
A visionary in the gambling industry, Dragoș Buriu is the founder of the Newton concept but also one of the associated owners who deals with the technology part of the Winner brand, occupying the position of CEO of Winner online.
Newton was founded in 2013 and is his most successful business. The monitoring system developed by the company has won the title of "Best System of the Year" for five consecutive years. Newton has extensive experience in the market where online systems are required by national regulations. Over 33,000 slots (out of the approximately 70,000 authorized) are currently monitored through Business Intelligence, Jackpot and other retention and marketing tools supported by the Newton system. Thus, the company led by Dragoș Buriu became the national leader on the ONJN and Jackpot reporting market.
Soon, Newton will launch his latest project - a revolutionary system, based on AI (artificial intelligence) technology, using machine learning to streamline the income of gambling operators in relation to the player.
Speaker: Mihai Duță
➜ What does it mean for customers to transform such companies into technology ones;
➜ Risk management for both companies and customers.
➜ Decisions and Trading of financial instruments with the help of AI, faster than traders;
➜ Integration of social platforms.