First thing's first: we send our thoughts and support to the good people of Ukraine. We stand with you. 🙏 🇺🇦
Welcome to the February issue of The Betting Startups Newsletter.
Here is what we read, heard, and saw in the betting industry’s early-stage ecosystem this month.
📰 The big headline
Entain will invest up to $130m (£100m) to launch a new global innovation hub, Ennovate, which aims to deliver new experiences for customers
💼 Industry field notes
46 industry startups have applied to Pitch ICE, and your help is needed to select the 13 finalists that will present to the live audience at ICE 2022 in London. Check out the startups and cast your vote!
🚀 New product and market launches
The two states join Colorado and New Jersey in the pipeline for the debut of exchange betting on America's shores.
Sports betting firm launches a collection of NFT athletes as part of a new metaverse
BallStreet Trading, Inc, has announced several key partnerships for its $50,000 free-to-play live event, "The Market".
🤝 Fresh partnerships
FanDuel has partnered with Incentive Games, a provider of free-to-play sports and casino games, to help with its launch in the North American market.
Independent sports betting rating agency SharpRank has begun its coverage with digital media and content-production company Parleh Media Group.
Quarter4, an AI-powered predictive sports data and analytics provider, has sealed a new partnership with Parleh Media Group.
🤑 Funding secured
Midnite has raised $16 million to create a licensed esports betting platform in markets that allow it
Geolocation and compliance technology specialist Xpoint seeks to expand its position in global markets
💡 Innovation Spotlight: SharpSports
Every month, we feature one startup that we think is doing something particularly novel and unique. This month, the Innovation Spotlight is on SharpSports.
Who: Co-founded by Ryan Murphy & Sam Coolidge
What: SharpSports is the Plaid for Sports Betting - the easiest way for developers to connect their app to their bettors' sportsbook accounts
Why it’s innovative: Their API solution allows sports betting media and tool providers to enable use cases like Bet Tracking, Bankroll management, Bet Sharing, Pre-Populated Betslips, Personalized Content and more.
When: SharpSports launched in August last year and has live partnerships with apps like BettingPros, Rotowire, Chalkboard, Juicereel, Betstamp and others
Where: Learn more at sharpsports.io
🔍 Startup deep dives
An insightful window into the progress of GRID Esports, the Berlin-based startup that is fueling innovation in esports with official data solutions
A new crop of online sports betting companies is targeting sports fans of all kinds, from social gamblers to women who want a space of their own
👔 Make your next move
Amazing career opportunities at these awesome betting industry startups:
Wagr is looking for an experienced go-getter that will play an integral role in defining its future.
OneComply is the modern approach to compliance and is seeking a Senior Full Stack Developer with the ability and motivation to lead projects.
Boom Entertainment is a technology company that is fueling the biggest winners in sports betting, gaming, and casino products.
🙌 That's it for now!
Thanks again for subscribing. It's a privilege to be invited to your inbox.
If you have any suggestions for future issues, just hit ‘Reply’ to this email. We read everything.
Stay safe out there!