New consumer research has shown that 49 per cent of weekly sports bettors in the US, UK and Germany say the introduction of 5G to sports arenas is important to them.
A report from payments platform Paysafe showed that 41 per cent of sports bettors expect to be able to place in-stadium and in-play bets at large sporting events.
The international research also showed that 42 per cent of weekly sports bettors across the three countries anticipate increasing their in-play sports betting activity with the emergence of 5G.
And over a fifth (21 per cent) say that 5G means they plan to increase the number of sports they bet on.
The advent of 5G technology presents an opportunity for better connectivity and increased bandwidth, which, in turn, provides more real-time data thus enabling players to make faster and better informed betting decisions.
Daniel Kornitzer, chief business development officer at Paysafe, said: “5G offers a lot of growth opportunities for operators of mobile betting platforms as it gives better searching, faster transactions and improved in-play functionality.
“Our research clearly indicates that consumers have the appetite for the progress and flexibility we see with the emergence of this new standard of wireless connectivity. For players, it’s all about being able to place bets safely, anytime and anywhere. We would urge sports betting operators to be ready for the increased traffic on their platforms – it’s a huge opportunity for them.”
