Posts by cara@bettingjobs.com
OddsBlaze raises six-figure seed investment to expand its odds data infrastructure
The news: Sports betting data startup OddsBlaze has raised a six-figure seed investment from Paris Smith and Life Winning, the company exclusively shared with BettingStartups. The capital will fund product expansion and build out the real-time odds infrastructure OddsBlaze sells to sportsbooks, betting apps, and prediction markets via a developer-focused API. Zoom in: Founder Matthew…
Read MoreA long way from ‘won’
Dawn chorus: Anti-gambling campaigning Dawn Butler, Labour MP Brent East, believes the campaign to give communities greater control over gambling premises has been won, writing in the Guardian this week that the government’s promise to scrap aim to permit represented a “huge victory” following years of campaigning. It is, however, a victory over government policy…
Read MoreDraftKings gains the upper hand
There’s talk on the street: Flutter’s sell-off this week also pulled DraftKings lower before its own Q2 results released last night. But although DraftKings’ Q2 earnings statement also missed headline expectations, the sell-side reaction was notably warmer. The company maintained 2026 revenue guidance of $6.5bn-$6.9bn and adj. EBITDA guidance of $700m-$900m. It said its core…
Read MoreMaking hay in the Windy City
Chicago gets connected: Accel Entertainment is preparing to switch on video gaming terminals (VGTs) at its first Chicago locations within weeks, putting the Illinois distributed-gaming leader at the front of a market that it believes could eventually generate around $1bn in annual gaming revenue. The Illinois Gaming Board issued its first establishment licenses for Chicago…
Read MoreOn the leash
Woof: IG Group’s acquisition of Underdog sees the UK-listed retail trading group pay an upfront enterprise value of ~$1.1bn, plus a potential $200m earnout, for a business spanning DFS, prediction markets, brokerage, exchange and clearing. For one sector commentator who requested anonymity, the transaction gives IG a “running start” in a market where both customer…
Read MoreFox in the Box
Someone to watch over me: The secondment of senior Department for Digital, Culture, Media and Sport (DCMS) official Sarah Fox to the UK Gambling Commission’s executive team is being interpreted by industry sources as an attempt to reinforce an embattled regulator, following senior departures and an increasingly public dispute over financial risk assessments (FRAs). Fox…
Read MoreDiary of an iGaming Exec – Scott Longley
The media landscape is changing, so what can PR teams do to create conversations journalists actually want to have? 🕵🏻♀️ In the latest episode of Diary of an iGaming Executive, Robin Hutchison sits down with journalist and Clear Concise Media Content and Editorial Consultant, Scott Longley. From the shift towards inbox-first, “smart brevity” journalism to…
Read MoreOut of nowhere
My my, hey hey: Few companies have risen from obscurity as quickly – or as expensively – as ADI Predictstreet. At the start of April, the Gibraltar-licensed prediction market operator had no live real-money product and virtually no public profile. Three months later, its branding was splashed across World Cup stadiums, it had struck partnerships…
Read MoreProphet margin
Service levels: After eight years and a succession of pivots, ProphetX has settled on an identity that owes more to the wholesale plumbing of financial markets than to the consumer betting apps its founder once set out to disrupt. CEO Dean Sisun wants the exchange to become a B2B supplier of sports-based event contracts to…
Read MoreCase not proven
Little triggers: The UK Gambling Commission has still not proven the financial risk assessments (FRA) system it wants operators to use is accurate, consistent or reliable enough to support decisions affecting customers, says Grainne Hurst, CEO of the Betting & Gaming Council (BGC). The Commission said last week it was pressing on with the contentious…
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