More Events, Fewer People

June 7, 2014
Flop or Not?

Flop or Not?

The sports and music events market is growing rapidly, but this year supply is exceeding demand, according to Puls Biznesu. The season for outdoor holiday events is just getting started with the Orange Warsaw Festival (hopefully!) and Open’er Festival in Gdynia kicking off summer party time for millions of Poles at thousands of events around the country. However, it appears that there are more events  every year than potential participants. “There are far more events this year than during the same period last year, whereas the number of tickets sold is similar but is spread across a greater number of events,” says Marcin Matuszewski, head of eBilet.pl, one of the largest distributors of tickets in Poland. The company estimates that the ticketed events market in Poland is worth more than PLN 0.5 billion, 45% of which is generated by sports events, 35% constitutes music events, while the remaining 20% is made up of other cultural events. Four out of five tickets are sold via the internet. The highest turnover was achieved in Warsaw, almost 40% of the whole industry. Other profitable regions included Lower Silesia, Greater Poland, Pomerania, Silesia and Kraków.
finanse.wp.pl

Get Newzar here for free


Polish Start-up in China

May 25, 2014
Deal in the Bag

Deal in the Bag

Betegy has signed a three-year contract with one of the largest Chinese lottery operators, SunLoto, owner of Wozhongla.com. The Polish start-up is the first company to manage to sign a long-term contract for delivering football data and forecasts to Chinese clients. “It is extremely difficult to break into the Chinese market, especially those sectors controlled by the state. International corporations like William Hill and BET365 have tried and failed many times,” says Alex Kornilov, Betegy director and co-founder. He adds, “The ability to reach a large number of Wozhongla.com clients is extremely important to us. The games and lottery market in China is one of the largest and fastest developing markets in the world. It was valued at an estimated at $22 billion at the end of 2013 and its annual growth was 20%.” On the other hand, Gao Lei, CEO of Wozhongla says, “Since we became a licensed lottery operator in 2008, we have succeeded in building a massive database of loyal clients. Their demands are growing all the time so it is important to offer them extras like forecasts and predictions. After a detailed analysis of the market, we chose Betegy because of its achievements, unique technology and professionalism.” Its technology is based on highly advanced statistical analyses, giving them an extremely effective forecasting model, which uses factors such as the latest team results, atmospheric conditions, individual players’ fitness and even the condition of the pitch. Betegy is able to probabilistically predict the prospects of a chosen team, the number of goals scored and even the exact result of a chosen match. The games and lottery market in China has also become increasingly more interesting to external investors. Sequoia Capital, the global investment fund, has provided help to Chinese lottery operator 500.com, which was listed last year on the New York Stock Exchange. The market price of 500.com recorded an increase of 54% on its very first day on the NYSE.
pierwszymilion.forbes.pl

Get Newzar directly by email


Business of Football

April 28, 2014
Found a Friend

Found a Friend

The story of Playarena.pl is trivial. On one day in 2007, four students from the Wrocław University of Economics were about to play football, however, they had no people to play with. They decided to establish a website, which would allow unknown people to get together and arrange a match completely for free. It turned out that no one in Poland had come up with the idea of bringing together football enthusiasts before and no one had spotted the business potential in it. Fortunately, the founders of Playarena were so motivated that within six years it became one of the largest sports initiative in the country. Today, the website has 150,000 active members and the company started making money after four years. The owners Wojciech Dudek and Piotr Popiel, came up with the idea of holding free competitions, and were later joined by a third owner, Jarosław Bojarski, in 2011. They made the money to finance the company during their holidays. “We needed around PLN 10,000, PLN 15,000 to start Playarena.pl,” says Wojciech Dudek, chairman of the company. “Establishing the website was the easiest of the challenges facing us. Finding the right kind of business partnership and pursuing an effective marketing strategy were far more complicated. It was hard to convince people to cooperate with a new startup,” Dudek adds. Initially, their marketing strategy was rather irregular. When the founders were not studying, they were riding around on their bikes around Wrocław’s playgrounds with posters and banners. In 2007, social media in Poland was just starting so they concentrated on advertising outside. To begin with, the Playarena team needed over a year talking to people in the field to realise that they could meet players’ needs and provide a useful local service.
pierwszymilion.forbes.pl

Get Newzar here for free!


Poland Resigns from Euro 2020

April 27, 2014
Tough Call for Boniek

Tough Call for Boniek

Euro 2020 will not be staged in Poland. The Polish Football Association (PZPN) has withdrawn its candidacy from the pan-European football event. During a press conference in Warsaw, the head of the PZPN, football legend Zbigniew Boniek said that Poland will not apply to co-host the European championships. UEFA is planning to organise a tournament in thirteen stadiums across Europe. Recently, the Czech Football Association also withdrew. “We have decided to pull out of Euro 2020 for several reasons. First of all, our application would require a large number of guarantees and hard work and even then Poland stood little chance of being chosen to host a match at Euro 2020. On the other hand, I can say that instead of Euro 2020 we may be able to organize another event, which could even be bigger than Euro 2012. I will be able to announce the details in around six to seven months,” said Boniek.
sport.dziennik.pl

Get Newzar directly by email


Boruc Makes Fool of Himself

November 25, 2013
Oops!

Oops!

Polish goalkeeper Artur Boruc is in the news again. British commentators were ruthless in their opinion of the Pole. In the 22nd minute of the Arsenal-Southampton match the Pole began to dribble with the ball while Olivier Giroud powered down on him. Boruc lost the ball, and his team conceded a goal. The game ended 2-0 to Arsenal, Giroud scored again from the penalty spot in the 87th minute. “A moment of madness by Boruc,” according to a Daily Telegraph journalist. “Farce,” according to a Goal.com reporter. The Guardian report was the most ruthless, they tweeted: “Boruc confirms the words of Ruud Gullit, a goalkeeper is a goalkeeper because he doesn’t know how to play football”. This is a another Boruc setback that has occurred in recent weeks. The other Polish goalkeeper, Arsenal’s Wojciech Szczesny, received moderately positive reviews largely due to the fact that Southampton did not really force him to make any difficult saves. Goal.com gave him a solid three stars out of five. Artur Boruc, on the other hand, was dubbed anti-hero of the match.
sport.dziennik.pl

Newzar can be emailed to you directly


Spurs Want to Help Legia

August 26, 2013
Vlad, Not the Impaler

Vlad, Not the Impaler

England’s Tottenham Hotpur are pleading with Romania’s Steaua București not to play Spurs transfer target, defender Vlad Chiriches against Legia Warszawa in Tuesday’s second leg Champions League qualifier to protect him from injury. The London outfit and their boss André Villas-Boas wish to acquire the Romanian for around €9.5 million euro. The defender did not play in the first leg of the qualifier in Bucharest as he was injured and Spurs are worried that he could get injured in what will probably be a feisty encounter in Warsaw. However, Steaua București’s coach Laurențiu Reghecampf wishes to play Vlad from the very start of the game. 23-year-old Vlad Chiriches is regarded as one of Romania’s brightest prospects. If the transfer goes ahead, it will be one of the highest transfers fees paid for a Romanian player for years. Vlad would make £800,000 a year.
Wirtualna Polska

Newzar can be emailed to you directly


Robert Lewandowski – World Player of the Week

May 1, 2013
Goal Machine

Goal Machine

The editors of Goal.com, comprising journalists from around the world, regularly choose the world’s best footballer of the week. This time Robert Lewandowski is this weeks’ winner after his incredible performance in the first leg of the Champions League semi-final against Real Madrid. “It was an absolutely extraordinary week for Robert Lewandowski. His performance is one of the greatest individual performances in Champions League history,” according to Goal.com. Last Wednesday ‘Lewa’ scored four goals giving Borussia Dortmund victory against Real Madrid at Signal Iduna Park (Westfalenstadion), thereby becoming the first player to score four goals against the ‘kings’ of European football. “Not only has Lewandowski proved to have the instincts of a killer, but he also demonstrated his great technical skills. The third goal was unbelievable. No one can doubt his world-class abilities,” according to Goal.com. The journalists emphasise that ‘Lewa’ is already being chased by Europe’s leading football clubs. “Bayern Munich and Manchester United both want him. However, his price has rocketed in the last few days thanks to his performance at Signal Iduna Park which will be part of football folklore for years to come.” Not only that but Borussia together with Lewandowski will be in the Champions League final on the 25th May at Wembley.
Interia.pl

Newzar can be emailed to you directly


Follow

Get every new post delivered to your Inbox.

Join 354 other followers