In this episode of the Sports Tech Allstars Podcast, we present Matt Virtue, Founder & CEO of Rival.
In this conversation, Matt discusses Rival's mission to create interactive gaming experiences that engage sports fans in a meaningful way. He explains how Rival combines gaming with sports IP to foster community and enhance fan engagement. The discussion covers the importance of gaming in reaching diverse audiences, the success stories of partnerships with organizations like the Detroit Pistons and New Balance, and the future of digital engagement in sports. Matt emphasizes the need for sports organizations to adapt to the evolving landscape and leverage technology to connect with fans effectively.
Takeaways
Rival aims to create interactive experiences for sports fans.
The gaming industry has a median age of 35.5 years, indicating a broad audience.
Engagement through gaming is essential for reaching younger demographics.
Rival's platform allows for community building among fans.
Success stories from partners like the Detroit Pistons highlight the effectiveness of Rival's approach.
Retention rates of 93% indicate strong user engagement on the platform.
The future of sports engagement lies in digital ecosystems and personalized experiences.
Rival is focused on creating long-term relationships with fans through gaming.
The integration of AI and digital tools will enhance fan engagement opportunities.
To learn more, visit: https://www.rivalx.com/
Get in touch with Matthew Virtue at: linkedin.com/in/matt-virtue-8799a024
Hosted by Rohn Malhotra from SportsTechX - Leading source of Investment and Innovation insights in sports.
Download the latest Industry Reports here: https://intelligence.sportstechx.com/
Sign Up for the Sports Tech Weekly Newsletter for more news, features & insights on Sports Tech: https://newsletter.sportstechx.com/
Chapters
00:00 Introduction
02:47 Creating Interactive Experiences in Sports
07:01 Role of Gaming in Fan Engagement
12:41 Building Loyalty Through Gaming Experiences
16:33 Success Stories: Detroit Pistons and New Balance
22:09 Future of Sports Engagement and Monetization
30:26 Growth and Opportunities for Rival
