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.
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.
G2E
iGaming Operators: Optimove Survey Analysis Shows Responsible Gambling Measures Build Player Trust and Loyalty
Findings from the Optimove 2023 iGaming Survey shed light on players’ positions on the ongoing challenge of tackling problematic gambling behavior within the iGaming industry. According to an analysis released by Optimove at Global Gaming Expo (G2E) in Las Vegas, an overwhelming 75% of players perceive responsible gambling tools as instrumental in bolstering trust and loyalty towards operators. The results are from the Optimove 2023 Report of Players’ Preferences in iGaming Marketing.
Impressively, approximately 90% of players actively set betting limits and a remarkable 97% demonstrate awareness of responsible gambling resources with 56% actively utilizing them. This highlights the escalating significance of iGaming sites’ responsible gambling initiatives and suggests that responsible gambling initiatives not only benefit players but also enhance the reputation and customer retention of operators.
Responsible gambling poses a critical challenge in the iGaming industry. Neglecting responsible gambling measures can lead to problem gambling, eroding trust and loyalty in operators. It’s essential for a healthy, sustainable player-operator relationship.
To address these insights, the Optimove 2023 iGaming Survey offers five key recommendations serving as a playbook for iGaming operators and helping them craft a personalized and socially responsible marketing strategy. This approach not only enhances the player experience but also effectively mitigates the risk of players developing unhealthy habits and practices:
- Promote Responsible Gambling: Operators should actively promote responsible gambling resources, fostering trust and loyalty by featuring them prominently on their website and in marketing materials.
- Encourage Betting Limits: Operators should encourage players to set betting limits by implementing user-friendly features for limit adjustment.
- Continuous Education: Operators should educate players about responsible gambling including potential risks and recognizing problem gambling signs.
- Monitor and Support: Operators should establish systems to monitor player behavior, offering timely support and intervention when needed, showcasing their commitment to player well-being.
- Use Data Analytics: Operators should leverage a customer data platform (CDP) for data analytics to identify and support players at risk of gambling problems, enabling early intervention.
These survey results come on the heels of Gartner Ranking Optimove #1 in Journey Orchestration in its 2023 Critical Capabilities for Multichannel Marketing Hubs. Optimove is also positioned highest in execution and vision among Challengers in the Magic Quadrant for Multichannel Marketing Hubs and is recognized as a noted leader in customer intelligence and measurement and optimization.
Visit Optimove at G2E in Las Vegas, October 10 to 12, in booth 2630 to get the report and further iGaming insights.
Oddin.gg Breaks New Ground as Ohio Marks its 5th North American Betting License
Week 40/2024 slot games releases
EGT Digital to make a long-lasting impression at G2E Las Vegas 2024
Play’n GO celebrates clean sweep five-state launch with DraftKings and Golden Nugget
PlayStar announces partnership with the New Jersey Devils and Prudential Center
BOS/The Swedish Trade Association for Online Gambling commissions Advisense to strengthen efforts against money laundering
Great Canadian Entertainment and Petroglyph Development Group Announce Agreement for Purchase and Sale of Elements Casino Victoria
Coloured coins provide bonus boosters in Evoplay’s latest release Cat’s Blessing
Inspired Launches Latest Online Slots: Jin Tu, Cops ‘n’ Robbers Bigger Big Money and Cherry Power Boost
Gaming Corps Announces the Launch of Expanding Joker
-
gaming2 years agoODIN by 4Players: Immersive, state-of-the-art in-game audio launches into the next generation of gaming
-
EEG iGaming Directory8 years ago
iSoftBet continues to grow with new release Forest Mania
-
News7 years ago
Softbroke collaborates with Asia Live Tech for the expansion of the service line in the igaming market
-
News6 years ago
Super Bowl LIII: NFL Fans Can Bet on the #1 Sportsbook Review Site Betting-Super-Bowl.com, Providing Free Unbiased and Trusted News, Picks and Predictions
-
iGaming Industry7 years ago
Rick Meitzler appointed to the Indian Gaming Magazine Advisory Board for 2018
-
News6 years ago
REVEALED: Top eSports players set to earn $3.2 million in 2019
-
iGaming Industry7 years ago
French Senator raises Loot Boxes to France’s Gambling Regulator
-
News6 years ago
Exclusive Interview with Miklos Handa (Founder of the email marketing solutions, “MailMike.net”), speaker at Vienna International Gaming Expo 2018
