The Betting Startups Newsletter - October 2022

November 01, 2022

Welcome to the October edition of the Betting Startups Newsletter!

The issue is brought to you by BettingRoles.com, the betting industry’s largest dedicated job board.

Here is what we read, heard, and saw in the early-stage ecosystem:

🏆 We are the champions

We were front row for the G2E Innovation Challenge on October 12 in Las Vegas, where 5 startups pitched to a live audience and judging panel.

The four-person judging panel unanimously selected Betscope as the winner of the competition. Read Betscope cofounder Colin Davy's summary here on his Substack.

In addition, Sparket was selected as the audience choice in an interactive poll of those in attendance. Sparket co-founder Aaron Basch shared his thanks on Linkedin.

Congrats to Betscope and Sparket! 👏

🤑 Money in the bank

Tabcorp Holdings is tipping $33 million into social betting group Dabble Sports in a bid to expand its younger customer base.

Australian betting firm BlueBet has made a strategic investment totalling US$500k in free-to-play sports gamification company Low6.

Verse Gaming raises $585k pre-seed round and announces the launch of mobile fantasy sports application.

The San Diego-based leader in trading and consumer data for action and alternative sports is proud to announce a strategic investment by Roger Ehrenberg, founding partner of Eberg Capital and IA Sports Ventures.

🤝 Put 'er there, partner

The partnership will prioritize “responsibly onboarding more women” to the betting category.

The companies announced a collaboration that will provide fantasy PUBG Esports in North America.

B2B sportsbook supplier FSB Technology has extended its partnership with Rubik Talent, an igaming-focused recruitment and talent cultivation agency.

🌎 New markets secured

Underdog Sports, with a temporary operators' license in Colorado, is moving forward with plans for sports betting in three states.

GridRival has launched its Daily Fantasy Sports offering specially designed for motorsports fans in 23 US states, as it seeks to capitalize on a rapidly

💪 Adding bench strength

nVenue, a sports betting and technology company, has added NBC Sports analyst Matthew Berry to its advisory team.

The virtual sports metaverse startup has reinforced its team with the addition of industry veteran Jamie Shea as non-executive director.

US-based OddsJam has appointed former Don Best Sports managing director Benjie Cherniak as a strategic advisor.

💻 From 'round the web last month

The league’s new investment arm has a broad mandate that includes sports betting, finance chief David Haber said.

From Major League Pickleball to Overtime, our list of top sports startups includes companies innovating in sports tech, betting, media, and more. (paywall)

💼 Find your next role

Amazing opportunities at these awesome companies, brought to you by BettingRoles.com, the industry’s largest job board:

🎙️ From the Betting Startups podcast studio

Future Anthem uses data and AI to personalize the player experience for everyone (Oct. 5, 31:13)

ALT Sports Data provides proprietary trading solutions focused on alternative sports. (Oct. 18, 29:13)

Sporttrade is America’s most dynamic sports betting platform where sports betting meets stock trading. (Oct. 20, 39:16)

Betscope provides betting intelligence for intelligent bettors. (Oct. 25, 30:23)

OwnersBox is the home of SuperFlex DFS & Lightning Lineups. Episode hosted by Dan Hannigan-Daley. (Oct. 27, 32:06)

🏁 The finish line

That's it for this month!

Have something to contribute to a future issue of the newsletter? Just hit Reply and send us a link.

See you at the end of November ✌️