- Betting Startups News
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- Week 47, 2023
Week 47, 2023
$100 billion in wagers, 100k Twitter followers, and an exclusive $100 conference promo code
Happy post-Thanksgiving to all that celebrated!
Despite last week being a shorter one, there was still plenty to report on as we officially hit the home stretch of 2023.
This issue is brought to you by InPlay.ai, who are using AI to fully automate in-game micro-markets, correlation pricing, and advanced risk management.
Let’s dive in… ⤵️
📰 Headline news
The American Gaming Association said that U.S. sports betting is on pace to hit $100 billion In wagers this year. (Link)
Betting exchange Novig partnered with Intelitics to help drive user acquisition in Colorado. (Link)
Tallysight partnered with Sports Interaction to elevate sports betting in Canada. (Link)
props.cash hit a new milestone: 100k Twitter followers. (Link)
Speaking of milestones, Prophet Exchange had a record-setting week:
RECORD SETTING WEEK!💰
We had $5,600,000 in total matched volume last week. A new all-time high! 👏
Onwards and upwards🚀
— Prophet Exchange (@ProphetExchange)
5:44 PM • Nov 21, 2023
Are you an industry startup with news to share? Send us your PR for inclusion here.
💬 Ink & airwaves
The best of what we read and listened to last week:
🎙️ Ep. 91 of The Betting Startups Podcast featured Mike Salvaris from Pro League Network. He explained how they’re creating content purpose-built for betting, the importance of ensuring integrity, and securing investors like Eberg Capital and Kevin Garnett. Listen now (31:32): Apple Podcasts | Spotify | Web
🎙️ Steve Rubenfaer, CEO of BettorTakes, talks industry trends, and how the BettorTakes app helps people analyze their betting history to become a better bettor (30:14): Web
📚 For those seeking investment: SportsTechX published a list of 31 new funds that represent over $4bn in available capital. (Link)
📚 Houlihan Lokey’s CEO Spotlight Series featured Akshay Khanna, co-founder and CEO of Jackpot.com. (Link)
📚 Charles Gillespie, CEO of the Gambling.com Group, provided his top “game-changing trends” that will shape the industry in 2024. (Link)
📚 Startup profile on Splash Sports. (Link)
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💼 Great gigs
3 of the top jobs we saw last week with awesome growth-stage companies:
🗓️ Industry event calendar
Upcoming events relevant to early-stage companies in the space. Keep an eye out for a new discount code below!
ICE makes its swan song appearance in London February 6-8, 2024 before relocating to Barcelona in 2025. Get your free expo hall pass now and put it on the calendar! Register now.
The Fantasy Sports & Gaming Association (aka FSGA) is hosting its annual winter conference February 13-14 in Las Vegas. Early bird pricing available if you book by January 15. Register now.
NEXT Summit New York 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. Btw: we have the ONLY discount codes available for this conference, but they’re very limited, so buy your ticket now. Reply to this email to say hello, and we’ll respond with your $100 discount code. Get your ticket.
🤝 Deal corner
2 new deals hit our inbox this week. Take a look 👇
(Psst, founders: want to get your deal in an upcoming issue? Submit details here)