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IMG Arena, which sits within the IMG Media division, will provide more than 250 bookmakers worldwide with 24/7 live streaming 💰 and on-demand virtual sports products, which have become part of the company’s portfolio since investing in Leap Gaming in June. 💰 The system is also built with the capability to efficiently deliver accurate information from source to end user in less 💰 than a second.

The move hints that London-based IMG is about to ramp up its efforts in the sports betting space 💰 in response to the recent decision in the US to relax laws which previously prohibited placing wagers on live sporting 💰 events.

The new venture is being led by senior vice president and managing director Freddie Longe, who is being supported by 💰 a team that includes industry veterans Max Wright and Brad van Wely.

“Backed by the considerable global scale, network and resource 💰 of IMG, IMG Arena will build on our existing advantages and well-developed offering to positively disrupt the market, with a 💰 strong fan-first innovation pipeline that drives incremental value to our clients and customers,” said Longe.

“The move to IMG Arena underlines 💰 the business’s aggressive growth plans and a desire to expand our footprint in a range of worldwide markets, including the 💰 US as the region continues to regulate.”

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