LeTou CEO Paul Fox says that should China face the USA in a basketball showdown, revenues could surpass World Cup Final levels. <\/p>\n\n\n\n\n\n\n\n
China.- Some industry insiders are predicting that this year’s Tokyo Olympics could see betting volumes exceed those recorded during the most recent World Cup. <\/p>\n\n\n\n
According to Paul Fox, CEO of online gambling operator LeTou, should the Chinese men’s basketball team face the USA, betting revenues could be higher than the FIFA World Cup final. <\/p>\n\n\n\n
\u201cWith the upcoming Olympic Games taking place in an Asian time zone, we will expect monstrous traffic during the basketball competition in particular,\u201d Fox said in an interview with Gambling Insider.\u00a0 <\/strong><\/em><\/p>\n\n\n\n \u201cIf the Chinese national team played the star-studded USA team then we could see revenue on a par with the FIFA World Cup final. Time zones are always critical whatever the sporting event, as live betting makes up a huge number of the bets we receive. We expect to receive a much higher volume of bets at Tokyo 2020 than we did at the 2016 Olympic Games in Rio,\u201d he added.<\/p>\n","protected":false},"excerpt":{"rendered":" LeTou CEO Paul Fox says that should China face the USA in a basketball showdown, revenues could surpass World Cup Final levels.<\/p>\n","protected":false},"author":2,"featured_media":3885,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"LeTou CEO Paul Fox projects that the Tokyo Olympics, particularly a potential China vs. USA basketball final, could generate betting revenues surpassing FIFA World Cup Final levels. This forecast is primarily attributed to the favorable Asian time zone for live betting, which is critical for maximizing wagering volumes. The operator expects significantly higher bet volumes compared to the 2016 Rio Olympics.","focusai_entities":"Paul Fox, LeTou, FIFA, Gambling Insider","focusai_location":"China, USA, Tokyo, Rio","focusai_target_profile":"ceo_executive (0.9), operator_casino (1.0), marketing_crm (0.8), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Uplift Projections?","query":"What specific GGR uplift is projected for the Tokyo Olympics across key iGaming verticals, beyond just basketball, considering the favorable Asian time zones?"},{"label":"Marketing Strategy Adjustments?","query":"How are operators adjusting their B2C marketing and CRM strategies to capitalize on the favorable Asian time zones for live betting engagement and player acquisition?"}],"footnotes":""},"categories":[160,16338,158,155],"tags":[227,233],"class_list":["post-3869","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-east-asia-news","category-slider-home","category-sports-betting-news","tag-china","tag-sports-betting"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=3869"}],"version-history":[{"count":7,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3869\/revisions"}],"predecessor-version":[{"id":777018430,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3869\/revisions\/777018430"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/3885"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=3869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=3869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=3869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}