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Growth of the Israeli firm in Latin America

LVision’s BetBooster delivers player engagement and turnover boost for Rivalo in Colombia

Rivalo, a leading sportsbook brand operating in South America, Spain and Portugal, will increase its sportsbook performance and turnover by integrating LVision’s innovative BetBooster, a fully automated, data-driven sports insights service based on historical data, live incidents, and AI analysis, covering both pre-match and in-play. Building on its plans to deliver the best solutions for its customers, BetBooster forms part of LVision’s portfolio of bet stimulation products.

The South American bookmaker has become the latest operator to integrate BetBooster, the flagship ‘AI-driven bet stimulation tool’ from LVision. Rivalo has paved the way for deeper player engagement and additional revenues by integrating the product across its Spanish and Portuguese language sportsbooks.

Delivered as a widget or as a sports data feed, BetBooster provides sportsbooks with a fully automated, data-driven sports insights tool based on historical data, live incidents, and AI analysis, covering both pre-match and in-play markets. Rivalo markets, said LVision, will be supported by the sophisticated bet stimulation tool which can provide “an average of 20 million unique insights per year.”

After integrating the bet stimulation product, one client reported a 15% increase in the number of bets placed and a 20% increase to the speed at which users place their bets, while another reported a 5% decrease in the number of placed bets but turnover climbed by 6%.

LVision’s services include a variety of bet stimulation products such as live, high-quality, visualization of sports, tennis player props markets, re-visualizing historical tennis matches into new 24/7 content, and much more. BetBooster, delivered as a widget or as a sports data feed, covers more than 100 pre-match and in-play markets across multiple sports including football, basketball and tennis. More sports, including baseball, hockey, esports, cricket and horse racing, are due to be added soon.

“At Rivalo we are always looking for the next big thing and LVision’s BetBooster falls right into that category. Its impressive AI gives stats a whole new meaning turning them into valuable insights for our players and the results are starting to show from day one of activation. Both integrating and the onboarding BetBooster was a breeze,” Alvaro Mosquera, Director of Rivalo Colombia, commented.

Delivered as a widget or as a sports data feed, BetBooster integrates with bet slips offering sportsbooks instant bet stimulation with unique betting technology, providing Rivalo’s customers with advanced betting tips associated with real-time markets and offers.

BetBooster is based on LVision’s proprietary AI algorithms and historical data and currently covers tennis, soccer and basketball with more sports to be added throughout 2021 including American football, baseball, cricket and more. 

The product’s AI-based insights are multilingual in order to maximize its reach. With an average of more than 20 million insights per year and more than 100 popular betting markets, it offers the perfect boost to sportsbooks’ performance and turnover. This latest news means that sports betting innovation studio LVision has continued its strong start to 2021 trading, having recently announced an exclusive BetBooster agreement with STS – Poland’s biggest sportsbook.

Source: GMB / LSports