Week 35, 2023

What happened last week in the betting industry's early-stage ecosystem

Happy Labo(u)r Day! No days off here though as we work to bring you last week’s roundup from startups in the space ahead of the NFL season kickoff (!!!).

This issue is brought to you by GeoComply, a leading provider of cutting-edge anti-fraud and geolocation solutions that detect location fraud and help verify a user’s true digital identity.

Now let’s jump in… ⤵️

📰 Headline news

  • Sporttrade officially launches in CO, its second market in the US. (Link)

  • Boom Entertainment acquired NBC Sports’ predictions app. (Link)

  • Blockchain-based sportsbook UBET launched on the Polygon network. (Link)

  • Pricing and trading services provider Huddle received B2B supplier license in 3 new states (AZ, MA & PA). (Link)

  • Sport Exchange Market launches gamified stock exchange to trade shares of teams based on real life sport performance. (Link)

  • No-code automation platform Flows signs on 2 new operators via Quantum Gaming partnership. (Link)

  • ODDSworks partnered with Konquer to bring its innovative casino games to North American audiences. (Link)

Are you an industry startup with news to share? Send us your PR for inclusion here.

Are you an iGaming founder or senior executive launching a business in the US?

We know that building a successful startup is hard and it’s not easy to do it alone, so we’re here to help.

The Challenger Series Summit is a unique networking opportunity to learn from US iGaming founders and entrepreneurs, who will be sharing the hacks, tips, and tricks to achieve high growth.

RSVP to attend the Las Vegas Summit on Oct 8, 2023 before making your way over to G2E!

💬 Ink & airwaves

The best of what we read and listened to last week:

  • 🎙️ Ep. 80 of The Betting Startups Podcast featured Cal Spears, co-founder of RotoGrinders. It was a trip down memory lane of his 20-year career starting & selling companies in the space. Listen now (46:34): Apple Podcasts | Spotify | Web

  • 🎙️ The Business of Betting Podcast spoke with Joey Levy from Betr, who discussed product differentiation, being in the media business, and his vision for Betr. Listen now (36:22): Apple Podcasts | Spotify

  • 🎙️ The ‘Double Down with Breslo’ podcast featured Tomash Devenishek from micro-betting provider Kero Sports. Listen now (33:18): Apple Podcasts | Spotify

  • 📚 The ‘G2E Survival Guide for Founders’ includes useful tips and advice for first-time founders attending the big show next month in Vegas. (Link)

  • 📚 Waterhouse VC dropped its August newsletter, which included a deep dive on how gamers are leveraging live streaming platforms like Twitch. (Link)

Are you reading (or writing) something that you think belongs here? Hit reply and send it to us for inclusion

We’ve got you covered for everything in betting’s early-stage ecosystem, but for everything in the broader sports tech space, look no further than our friends at The Hype Report 👇

Vetted Sports WeeklyA weekly newsletter recapping everything you need to know at the intersection sports, business and technology in less than 5 minutes. Read by professionals from companies such as ESPN, Fanatics, Dr...

🗓️ Industry event calendar

Upcoming events relevant to early-stage companies in the space:

  • SBC Summit Barcelona is almost here! The packed agenda includes First Pitch, which brings together some of the most exciting industry startups to compete for a prize package valued at over €60,000.

    Use code BETTINGSTARTUPSVIP for 50% off your Full Event Pass (€300 discount!) Event Tickets

  • G2E is returning on October 9-12. Join over 25,000 industry professionals and 350+ exhibitors for this all-in-one experience in Las Vegas. Use code BSP for a FREE expo hall pass using this link ($269 value!).

  • Registration now open for NEXT Summit New York 2024! The much anticipated iGaming NEXT New York event returns March 6-7, 2024 in a new state-of the-art venue in Manhattans financial district. The summit is focused on connecting startups with investors and operators with suppliers, which makes it THE conference where serious business gets done. Limited tickets available at super early bird rates! Ticket info.

🏈 Are you ready for some football?

The good folks at Inside The Pocket, the free-to-play games aggregator, are running a Pro Football Survivor game for industry stakeholders - and you’re invited to play!

The winner will receive a cash prize of $50,000, and also get the opportunity to donate $50,000 to the charity of their choice. 🤑

Join for free before the Week 1 kickoff!

💼 Great gigs

Top jobs from leading early-stage companies in the space:

  • Underdog continues to grow and is looking for a VP Finance to join the team. (Link)

  • Kero Sports is on the hunt for Data Science / ML Engineers on its fully distributed team. (Link)

  • Prophet Exchange is still hiring business development interns in NJ. A great way to get a foot in the door! (Link)

See you again next Monday. Enjoy the Week 1 slate of games! ✌️