https://www.globenewswire.com/news-release/2021/07/09/2260569/0/en/XR-Casino-Aims-to-Disrupt-Online-Gambling-and-Sports-Betting-Industries-through-Augmented-Reality-AR-Mixed-Reality-MR-and-Virtual-Reality-VR-Technologies.html
Thought I would attach the above link as I have taken quite an interest in XR Sports & Betting, as someone who works at a Casino. As the article states, the XR Betting industry is tipped to grow to $15B USD by 2025, and the total XR global market to grow from $33B to $125B. Considering sports and betting is only 7% of our current TCV (total contract value), this shows how insane this opportunity is and how undervalued VR1 is at the moment. Remember also that the amount of direct competitors in this space in Australia is limited.
https://pvplive.net/role-of-virtual-reality-and-augmented-reality-in-sports-betting/
Another good article with a brief explanation of what we are looking at. Imagine betting with some friends on the Melbourne Cup, but being able to virtually watch the horses at Flemington live whilst it's happening, or standing around a virtual roulette table with friends and betting on red or black. In a post-COVID world, the applications of these technologies are almost unlimited, and what better way to part-take in the future than by investing in it.
DYOR
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