G2E
Waterhouse VC celebrates continued high returns; looks to Brazil and betting syndicates for future growth
Tom Waterhouse, Chief Investment Officer of Waterhouse VC, the specialist investment fund for the global betting and gaming sector, heads to the U.S. again to look for new opportunities at G2E off the back of revealing another successful summer of investments.
The fund recently converted an option in cutting-edge crypto betting technology company Saintly. In February 2023, Waterhouse VC signed a three-year option to buy 20% of the top-tier platform, an option that was bought out in August for 2,180% above the option conversion price. This meant an extraordinary 23x return on the position within six months.
“I feel like we have a very good understanding of the products going into the online betting world and what will work” – Tom Waterhouse, whose family has been involved in the betting industry for more than 100 years.
Since its inception in August 2019, Waterhouse VC has achieved a gross total return of 2,422% as of 30 September 2023, assuming the reinvestment of all distributions. To maintain rigorous standards, the fund’s team scours the gaming sector for disruptors and niche-leading businesses worldwide.
Over the past few months, Brazil has been a particular area of interest. Another one of the current opportunities that Waterhouse VC is participating in is Betscanner. Much like an Oddschecker for crypto betting, Betscanner will compare odds for sporting events offered by crypto operators and is leveraged to benefit from the growth of both crypto betting and the Brazilian market.
Another investment that the fund is excited about is an emerging professional betting syndicate run by Tom Dry. After working for Tony Bloom, the world-renowned football betting pro and owner of English Premier League powerhouse Brighton FC, Dry developed his own tennis betting strategy. Waterhouse VC saw that the syndicate’s operational metrics were very impressive and the fund took the view that Dry had the ability to further scale the team, increase liquidity in tennis and also expand into other sports.
Waterhouse VC will continue to analyse the betting and gaming sector for further opportunities, with G2E being just the next step in this process.
AGA President and CEO Bill Miller
G2E 2024 Announces Gaming CEOs Jason Robins and Derek Stevens as Wednesday Keynote Speakers
- Jason Robins, DraftKings Co-founder and CEO
- Derek Stevens, Circa Resort and Casino Owner and CEO
SportsGrid has announced a partnership with the Global Gaming Expo to provide rich, curated content covering the latest trends, innovations, and developments across the global gaming industry.
G2E, the gaming industry’s premier global event, is set to take place from Monday, October 7, to Thursday, October 10, at The Venetian in Las Vegas. The expo will feature nearly 400 exhibitors from around the world, showcasing cutting-edge gaming technologies and solutions. Alongside the show floor experience, G2E offers attendees the opportunity to learn and connect through extensive networking events, workshops, and an education program led by industry leaders and experts.
“G2E is the standout gaming event on the calendar and has been run expertly by RX and the American Gaming Association. Our partnership gives us the ideal opportunity to showcase the gaming industry’s most influential voices and developments. We are excited to bring expert-driven content and discussions to a global audience, helping to define and shape the future of gaming.” commented Jeremy Stein, CEO, SportsGrid, Inc.
SportsGrid will be on-site at G2E producing exclusive interviews with high-profile executives, policymakers, and influencers shaping the gaming industry. The exclusive content from G2E will be distributed across their streaming video network and other relevant media channels, bringing the excitement of G2E to SportsGrid’s global audience.
“Partnering with SportsGrid amplifies our commitment to providing an unparalleled experience at G2E 2024,” said Korbi Carrison, G2E Event Vice President. “Together, we will showcase the dynamic voices and innovations shaping the future of the gaming industry, creating a platform for insight, connection, and growth. We look forward to working together to produce content that inspires and empowers our community.”
FBM takes another leap in the United States by installing the Mythic Link collection in Florida. The exciting treasures and hidden wonders of Eternal Kingdom, Ancient Tropics, Golden Voyage, Nature’s Paradise, Eternal Kingdom Origins and Golden Voyage Origins are now available for players to explore and collect at the Hialeah Park Casino in Miami.
Mythic Link provides an exciting six-game suite that takes players on an imaginative and amazing journey. This expedition to ancient ruins, uncharted lands and fantasy kingdoms leads players to memorable wins in an immersive gaming experience adorned by brilliant graphics and thrilling sounds.
“The installation of Mythic Link allows us to bring new gaming experiences to the players and reinforces our commitment to steady growth in the United States,” the Director at FBM, Renato Almeida, said. “We are very thankful to Steve Calabro and Javier Fernandez of Hialeah Park Casino for trusting us to deliver entertaining products ready to attract and engage their players and for being first in the nation to showcase Mythic Link.”
How Can Mythic Link Upgrade Any Casino’s Slot Offer?
The exciting bonus feature is the main attraction in the Mythic Link games. Players must gather six symbols to access this bonus mode and unlock its exciting potential. Inside the Mythic Link feature, players can win the mini, minor, major or grand jackpot prizes.
The journey to collect forgotten wonders playing Mythic Link can bring players six game features; Super Reels, Best Symbols, Sticky Wild, Wild Multiplier, Expanding Wild and Wild Boom. Players can also enjoy big wins with the Luck Has Arrived feature, which offers direct access to bonuses, free spins or bigger prizes.
After the remarkable display of products at G2E Las Vegas, FBM enters a new phase in its growth strategy for the United States. The Mythic Link introduction ignites the group’s energy for 2024; a year to launch innovative new games and expand the brand’s footprint in this key gaming market.
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