Betting Startups News for the weeks of September 16 & 23, 2024

We’re back, and coming at you from Lisbon ahead of a busy week at the SBC Summit!

Here’s our rundown from last week (and the week before 🙈)in the real money gaming industry’s early-stage ecosystem ⤵️

📰 Headline news

• ProphetX (formerly known as Prophet Exchange) relaunched its exchange betting platform in 39 states after pivoting to the sweepstakes model. (Link)

• FAST sports channel startup C15 Studio added Eberg Capital to its cap table. (Link)

• The Betting Startups Podcast announced that it has opened applications for startups to record “Quick Hit” interviews at G2E. (Link)

• WagerAPI, the modern API for sports betting, launched V2 with improved support for fantasy data, odds, injury news, and stats. (Link)

• Former Head of Trading for SportsInteraction announced the launch of OddsFlow, a new trading and risk management solution. (Link)

• NEXT.io has launched ticket sales for its NEXT NYC event in March 2025. Scroll down in the newsletter for one of the only discount codes available for it!

• Future Anthem, the data and personalization platform, announced a seven-figure investment into its core product, Amplifier AI. (Link)

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

💬 Ink & airwaves

The best of what we’ve read, watched, and listened to lately:

• 🎙️ Ep. 132 of The Betting Startups Podcast featured Keith Stewart from Read the Line, which delivers actionable golf betting insights & analysis from the perspective of a PGA Professional. Hear him explain why he thinks golf is the best sport for betting, the gap he’s filling with betting-focused golf content, and why he’s so bullish on the LPGA. Watch or listen now (30:15): YouTube | Apple Podcasts | Spotify

• 🎙️ The NEXT.io podcast returned with its latest instalment of Vested Interest with Lloyd Danzig and Benjie Cherniak. In this one, they did deep dive on micro betting following Simplebet’s acquisition by DraftKings, and welcomed micro betting builders Joey Levy and Tomash Devenishek to weigh in (43:50): YouTube | Spotify

• 🎙️ The iGaming Daily podcast welcomed Jesse Learmonth to preview this week’s First Pitch competition at SBC Summit in Lisbon: Apple Podcasts | Spotify

• 📚 The Next: Volume 4 dropped, the series produced by the team at XST Capital. In this edition, XST Capital CEO Joel Simkins catches up with WagerWire CEO Zach Doctor. Read it here.

• 📚 “Data is the new oil” - the latest monthly article from Waterhouse VC explores the role and importance of data. Read it here.

• 📚 “How Sporttrade is like pizza dough” - a solid look at the journey thus far for Sporttrade, as recounted by founder Alex Kane. Read it here.

🗓️ Industry event calendar

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

• SBC Summit kicks off TOMORROW, and the energy in Lisbon is palpable. A few last-minute reminders to those attending:

  • First Pitch is scheduled for Tuesday afternoon at 4:15pm. Come watch 5 companies pitch the live judging panel for a prize package valued at over €100,000. You can meet the 5 startups on Ep. 129 of The Betting Startups Podcast.
    

  • Speaking of First Pitch, one of the finalist companies has an excellent offer for event attendees, which we’re pleased to promote for them:
    
    XGENIA, the AI platform that allows you to create AI-powered games in minutes, will be giving all new clients a chance to win a fully playable, AI-generated slot game at SBC Lisbon. Book a Demo or stop by stand S120 for details! https://xgenia.ai/meet-at-sbc
    

  • Check out the StartupSphere at the SBC Summit, showcasing some of the newest startups looking to disrupt the space. Check it out.

• G2E returns to The Venetian in Las Vegas from October 7-10. 2024, and your friends at BettingStartups.com are happy to hook you up with a FREE exhibition hall pass ($309 value!). Use this link to claim your free expo hall pass and we’ll see you there!

• The Challenger Series, hosted by GeoComply and Citi, returns to Las Vegas on October 7 to kickoff G2E week. It’s a can’t-miss event for every industry founder. The

• NEXT NYC officially returns March 12-13, 2025! Experience the foremost online gambling & sports betting summit in North America hosting 1,200 executives. Connecting operators with suppliers, and startups with investors. Tickets sell out every year, and this one will be no different! Use discount code BS1CYN52 for $100 off yours. Event Info | Buy Your Ticket

🤝 Deal corner

2 new deals for your consideration in this week’s issue ⤵️

The Deal Corner is presented by XST Capital Group, the industry’s leading financial strategists.