- Announced the successful execution of its venue management platform which protected NCAA athletes, coaches, media, staff, and fans at the 2021 Big West Conference Championship in Las Vegas.
- 2021 Big West Conference Championship is the third NCAA event that has benefited from Loop Insights’ best-in-class venue management platform.
VANCOUVER, British Columbia, March 15, 2021 — Loop Insights Inc. (MTRX:TSXV RACMF:OTCQB) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights, enhanced customer engagement, and automated venue tracing to the brick and mortar space, is pleased to announce the successful execution of its venue management platform which protected NCAA athletes, coaches, media, staff, and fans at the 2021 Big West Conference Championship in Las Vegas.
BIG WEST CHAMPIONSHIP REPRESENTS LARGEST-EVER VENUE BUBBLEAND MOST SUCCESSFUL LIVE SHOWCASE FOR MAJOR SPORTS AND HOSPITALITY PROSPECTS
The 2021 Big West Conference Championship is the third NCAA event that has benefited from Loop Insights’ best-in-class venue management platform. The winners of the tournament have earned their way into the 2021 March Madness tournament to be held this month in Indianapolis. In partnership with bdG sports, the Big West Conference Championship was the largest “venue bubble” deployed by Loop to date.
Loop Insights CEO Rob Anson stated: “I am extremely proud of my team and thankful to all of those who took part in ensuring the Big West Conference Championship Tournament was a huge success. With the golf season underway, the NHL and NBA playoffs right around the corner, and the MLB and WNBA regular seasons nearly ready to being, the success and timing of this event could not have been better given the entities we were able to showcase our platform’s capabilities to. Add in the Nevada announcement moving to 50% capacity as of today and the multiple advanced discussions we are having with some of the largest organizations in the state made it a dream week for Loop and its shareholders.”
bdG Sports CEO, Brooks Downing stated: “We are very proud of another successful tournament at the Big West Conference Championships in partnership with Loop. The Loop Insights platform provided enhanced security with a user-friendly experience that allowed athletes and staff to onboard to the platform seamlessly. We look forward to working with Loop Insights again as the sports industry begins to welcome fans back to events once again.”
Downing further added, in a recent interview from the floor of Mandalay Bay Events Center with CEO Anson, the following comments with respect to the power of Loop Insights going beyond venue tracing and into “1-to-1” fan engagement through Loop’s Artificial Intelligence as an evolution of the fan experience and a brand new source of revenue:
NEVADA ANNOUNCEMENT OF 50% CAPACITY EVENTS ACCELERATES LOOP DISCUSSIONS WITH MAJOR SPORTS AND HOSPITALITY EVENTS STEMMING FROM LIVE VENUE BUBBLE DEMONSTRATIONS
On March 12, Nevada announced it would be allowing gatherings, including sporting events, conventions, and trade shows, to operate at 50% capacity starting today. The Las Vegas Sun stated:
“The increase will be beneficial for everyone from the Golden Knights (up to 9,000 fans at T-Mobile Arena) to the many casino showrooms with performances scheduled to soon return.”
The successful deployment, scale, and execution at the Big West Conference Championships, coupled with previous live event successes, has clearly established Loop as the best-in-class venue management platform for major sporting events.
Loop Insights had already commenced multiple and advanced negotiations with Nevada-based hospitality and sports entities with the success of its first Nevada bubble on December 1, 2020. The move to 50% capacity has now significantly accelerated those discussions, as well as spawned additional discussions with major professional sports teams and leagues outside Nevada that have become top priorities in the month of March given their time sensitivity.
CEO Rob Anson added “There is simply no way to overstate the implications of yet another live environment success and the concurrent level of discussions in Las Vegas over the past 10 days. With the entire sports world watching, Loop hit it out of the park and provided both Nevada and the world with the empirical data necessary to demonstrate our solution is the best in the world. We still have work to be done but we are moving close to the possibility of Loop helping re-open some of North America’s largest sporting events.”
Read More: https://agoracom.com/ir/LoopInsights/forums/discussion/topics/757306-loop-insights-and-bdg-sports-achieve-100-success-delivering-third-venue-bubble-at-ncaa-2021-big-west-conference-championships-at-mandalay-bay/messages/2308113#message
