Better Collective Faces Quartet of Long-Term Headwinds, Says Bear Cave (Casino.org)

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Betting, sports media entity could be pinched by AI Some readers of Better Collective sites decry declining quality of content Company generates revenue through affiliate relationships, advertising Shares of Better Collective, which trades in Stockholm under the ticker “BETCO,” could be pinched by several factors, including the expansion of artificial intelligence (AI). The Bear Cave Newsletter says a variety of issues could weigh on Better Collective. (Image: Substack) In a report out last week, The Bear Cave newsletter points out that the owner of The Action Network and Yarbarker, among other betting and sports media properties, could experience share price erosion due to four factors, including AI and shifting consumer habits in terms of media consumption. Media across all sectors is being disintermediated, with consumers increasingly following individual voices rather than publications,” notes Bear Cave editor and founder Edwin Dorsey. “Combined with allegations of ‘clickbait; content, Better Collective will suffer as barriers to entry for content production are lowered and…Read MoreCategory: Financial, Sports Betting, Technology, sports betting, technologySource: Casino.org

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