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Bettingmetrics closes its second investment round led by RLC Ventures London
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Bettingmetrics (Panorama Partners Ltd), a sports betting platform that allows bet-tracking and analysis, have announced that they have successfully completed their second investment round led by RLC Ventures and its Founder, Reece Chowdhry, who has been serving the company as a Board Advisor.
Bettingmetrics is a platform where betting activities are collated into a single place and where punters and bookmakers are connected like never before. The online platform allows punters to read news, compare odds, place bets, as well as track and analyse their betting performance. After winning the London Accelerator programme, they launched their first prototype in February 2017. Then they raised £25,000 for their first funding round in November 2018 to move the product quickly ahead – since their funding round, they have managed to gather a strong team of developers and marketers to enable them to adopt new technologies. Their focus remains on building a unique platform that combines all betting activities in one place, from reading tips and news, comparing stats and odds to placing the bet and analysing the historical data. They have been able to build a more complete version of the service based on customer feedback and the company’s mission to create a data-driven social betting community.
According to the Bettingmetrics founders, the second-round funding will be used for hiring more developers and marketing professionals. They will stick to their ultimate goal of bringing all betting activities under one roof. The team will develop the platform further to add an odds comparison feature with an exceptionally strong focus on efficient and transparent odds comparison that delivers the best-in-the-industry in-play odds comparison experience. Furthermore, they will enhance their bet tracker and analytics to reach a stage where users will be able to receive betting suggestions on how to improve their betting performance based entirely on their own betting data which is unique. As of now, there are no other providers of similar service. Moreover, as a customer-centric business they will facilitate the use of the product by continuously collecting users’ feedback and by improving UX and UI. Bettingmetrics are currently experiencing approximately 10% monthly growth on the user data base.
Founders of Bettingmetrics, Martin Grozev and Slavomir Semov, have been working on the company since summer 2016 and they are positive about the progress that has been made as well as the future ahead.
“I am exceptionally proud with Bettingmetrics bet tracker and advanced analytics. We are certainly the best sports betting portfolio management software available on the market as of today. Clearly, we are super ambitious as a team and we want to help punters make more informed and data-driven betting decisions. In the very near future, we are taking Bettingmetrics to a whole new level where punters will be able to benefit from an AI algorithm that will analyse their results, and which will provide them with a clear way of how to improve their betting performance. As a person who bets I have always dreamt for that feature. The feedback we have received form Bettingmetrics users have confirmed the huge market need for that specific feature.” – Martin Grozev, co-founder of Bettingmetrics.
“We realise every now and then we want to place a tenner on their favourite team playing on Saturday. Bettingmetrics is a platform that combines all betting activities in one place, as well as an entertainment hub where punters can enjoy reading betting news and tips among the variety educational articles that are available and can be updated on our platform on a regular basis. We have recently launched our first version, and now we are not only the bets sport betting portfolio management software, but we are also a hub where punters can enjoy our newly developed odds comparison. Bettingmetrics odds comparison is really vibrant and it has a strong focus on the in-play experience as well as on the odds updates. As you can imagine I am regular bettor and I really get frustrated when the odds comparison sites quote one odd and when I go to the bookie website it is totally different. Bettingmetrics’ odds comparison resolves that problem, by adopting the news and the most reliable technologies which I am sure people will enjoy.” – Slavomir Semov
Funding
Bettingmetrics was funded by RLC Ventures since their first round. The great traction the product had been able to enjoy initially captured a strong interest from RLC Ventures to invest in the company. RLC Ventures is a seed/early-stage venture capital firm that focuses on backing millennial and diverse founders, in industries such as Fintech, Proptech, Enterprise, Social Impact Tech and AI. Martin describes that “the fundraising process is always an exciting, time and energy-consuming as well as sometimes stressing activity. But I consider the fundraising process as a unique opportunity to get the business critically evaluated by particularly successful people. I enjoy being asked smart and provocative questions.” The last fundraising process itself took between two to three months.
Martin also added, “RLC Ventures helped us in numerous ways. We were very lucky to have Reece from RLC Ventures on our side as he helped us a great deal with leads and introduced us to a lot of investors – some of whom did become investors in Bettingmetrics. Reece is really young and is a proactive individual. He helped Bettingmetrics also by introducing us to the right legal team and, of course, by helping us with everything else we asked him. What impressed me the most was his energy and enthusiasm of getting the job done and that he was available 24/7. That really is the way we work in Bettingmetrics as well so that resonated very well with our team culture and has resulted correspondingly in a successful fundraising.”
Reece Chowhry, CEO and Founder of RLC Ventures, said, “Bettingmetrics has built a world-class analytics and odds-checking platform. The team have demonstrated brilliant traction, growing their user base by 10% per month and achieving solid growth in recurring revenue. We are excited to back the excellent team in this next stage of growth and product development.”
About Bettingmetrics:
Bettingmetrics is an online sports betting platform for bet tracking and analysis. Punters can record their bets, analyse their performance and upload their Betfair and exchange history directly to Bettingmetrics.
Bettingmetrics connects with fans mainly via Twitter and Instagram.
RLC Ventures
RLC Ventures is an award-winning venture capital firm with a thematic approach in high-growth potential, seed and early-stage companies in 5 verticals: Proptech, Fintech, Enterprise, AI and Social Impact Tech run by millennial founders – a unique investment thesis.
RLC Ventures connects with supporters mainly via LinkedIn and Twitter.
Source: Latest News on European Gaming Media Network

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Team Vitality accelerates global growth with acquisition of Bigetron Esports
The acquisition will see Team Vitality continue to forge its path to becoming one of the only truly international esports organisations, by entering the mobile gaming market in new regions and markets
Leading esports club, Team Vitality, is proud to announce the acquisition of Indonesian esports organisation, Bigetron Esports, following a deal with one of the most powerful mobile gaming esports brands globally. The move will strengthen Team Vitality’s presence in the mobile gaming market as well as extend the brand’s reach further into the Southeast Asian region, continuing to forge its path to become a truly global, multifaceted presence across all elements of esports.
Bigetron by Vitality: A strategic move into Southeast Asia and mobile gaming
The acquisition places Team Vitality in a strategically important gaming market – Southeast Asia. With a population of over 270 million, and more than 30% of whom are under 30, Indonesia represents a vibrant and highly engaged audience for esports. The country is home to over 100 million gamers, making it the fourth-largest gaming market in the world. Southeast Asia, particularly Indonesia, is also one of the fastest-growing regions for mobile gaming, with a remarkable 20% year-over-year revenue growth.
As part of the move, Bigetron Esports’ brand identity will change to ‘Bigetron by Vitality’, to show respect to the club’s local legacy while allowing Team Vitality to integrate the brand authentically and exclusively into all future mobile gaming activities. Bigetron Esports CEO, Edwin Chia, alongside Team Vitality’s Co-Founder CEO, Nicolas Maurer and Corporate Director of Global Operations, Danny Engels, will work together as the respective leads for Vitality’s mobile gaming entity.
This acquisition marks a significant step in Team Vitality’s expansion into mobile gaming, following the 2024 acquisition of Bigetron’s Women’s Mobile Legends: Bang Bang roster. Prompting a deeper exploration of the mobile esports space, Bigetron represents a fantastic addition to help introduce and grow the Vitality brand within this fast-growing and dynamic segment of the industry.
Bigetron Esports has built a formidable reputation in the mobile gaming world, with an impressive social media presence across multiple platforms, totaling over 6.8 million followers across YouTube, Instagram, TikTok and WhatsApp. As part of this acquisition, all Bigetron social media channels will be rebranded to align with Team Vitality as ‘ Bigetron by Vitality’, integrating seamlessly into the broader Team Vitality network.
Bigetron is one of the few Southeast Asian organisations with an established footprint in four key mobile gaming titles, a strong competitive track record, and existing partnerships with gaming industry leaders Moonton and Tencent. Following the deal, Team Vitality will be represented by the organisation’s existing key rosters and talent including:
- Men’s Mobile Legends Bang Bang Team: Competing in the Mobile Legends Bang Bang Professional League Indonesia (MPL ID), the organization recently secured 3rd place in the highly competitive league operated by game publisher Moonton, with a notable peak viewership of an astonishing 4 million.
- PUBG Mobile Team: With total prize winnings exceeding $1.2 million, Bigetron has made multiple World Championship appearances, including the 2024 World Championship, and holds World Championship titles from 2019 and 2020.
- Free Fire Team: Champions of the Free Fire World Series (FFWS) Indonesian Fall 2024. The team also earned a spot in the Free Fire World Series Grand Finals 2024.
- Honor of Kings Team: The Honor of Kings team recently triumphed in the Indonesian Qualifier for the HoK Invitational Season 3 and became a partner team in the newly established Professional Honor of Kings League in Indonesia.
- Women’s Mobile Legends Bang Bang team: Following acquiring the team in 2024, Bigetron will offer additional support, resources and infrastructure to further support the roster ahead of the Esports World Cup in 2025.
- Additionally, Bigetron has assembled a lineup of Southeast Asian brand ambassadors with a combined social media following of over 27 million, all of whom will further amplify the clubs partnership with Team Vitality throughout the region
All of the above teams that qualify for the Esports World Cup will represent Team Vitality and compete under the Team Vitality banner and team name. Following this, teams competing in Mobile Legends, PUBG Mobile, Honor of Kings, and Free Fire tournaments will do so as Bigetron by Vitality, marking the full integration of Bigetron into the Team Vitality network.
TEAM VITALITY IN FIGURES
After Bigetron Esports acquisition
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Ambitious international plans for 2025
With ambitious plans for international expansion, Team Vitality is setting its sights on reaching new heights in esports throughout 2025. This year, the organisation is focused on securing victories, strengthening its legacy, and pioneering the esports industry into the new generation. This commitment not only supports Team Vitality as one of the world’s leading esports powerhouses but also contributes towards the broader success of the organisation on a global scale.
“We are thrilled to announce our acquisition of Bigetron Esports.” said Nicolas Maurer, CEO of Team Vitality “As the popularity of mobile gaming continues to soar, particularly with younger generations growing up on mobile games, Team Vitality is proud to support shaping the long-term future of mobile gaming esports together with the Bigetron leadership team. This acquisition marks an important step in our internationalisation as well as becoming the best gaming organization in the world.”
“The merger was driven by our shared vision with Team Vitality to inspire and empower gamers to achieve greatness through innovation, collaboration, and relentless dedication to excellence. We believe alongside Team Vitality, we can continue achieving greatness and showcasing the stellar Indonesian esports talent on an expansive international stage.” commented the CEO of Bigetron Esports, Edwin Chia.
The post Team Vitality accelerates global growth with acquisition of Bigetron Esports appeared first on European Gaming Industry News.
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Kaizen Gaming named Latin America’s Casino and Sportsbook Operator of the Year at the SBC Awards Americas 2025
Dual wins as ‘Casino Operator of the Year (LatAm)’ and ‘Sportsbook Operator of the Year (LatAm)’ affirm Kaizen Gaming’s leadership and product excellence across Latin America
Kaizen Gaming, one of the world’s biggest GameTech companies and owner of the Betano online sports betting and gaming brand, has been crowned ‘Casino Operator of the Year (LatAm)’ and ‘Sportsbook Operator of the Year (LatAm)’ at the highly celebrated SBC Awards Americas 2025 held in Fort Lauderdale, Florida, on Wednesday 14th May.
The two wins recognise Kaizen Gaming’s strong focus and commitment to delivering an exceptionally high-quality product offering with customer experience and satisfaction at its core. They also signify the company’s sustained growth and accelerating momentum as a leading operator across the region and beyond.
Christos Tzalavras, Chief Product Officer, Kaizen Gaming, said: “We’re proud to be recognised for having the best sportsbook and casino products in Latin America, which is undeniably one of the most dynamic and exciting gaming markets in the world today. These awards reflect our team’s passion, the strength of our strategy, and our commitment to delivering innovative, high-quality, and responsible gaming experiences. Our main secret is prioritising the customer experience in everything we do. This is a milestone moment for our brand, but the ‘Kaizen way’ is one of continuous improvement, so we’ll keep raising the bar. Thank you to the whole team for your hard work and dedication in making this achievement possible.”
Kaizen Gaming was the first operator to be officially licensed in Brazil this January. Key highlights in 2025 to-date include the renewal of Betano’s partnership with F1 legend Felipe Massa, its continuing support for Supercopa Betano Rei 2025 and the Supercopa Feminina Betano 2025, and notably the recent start of its landmark long-term principal and front-of shirt sponsorship with Club Atlético River Plate. These milestones follow its rapid expansion into three new LatAm markets last year, its partnership with CONMEBOL Copa America 2024, and title sponsorship agreements with the Brasileirão Betano in Brazil and Torneo Betano in Argentina.
The inaugural SBC Awards Americas honour outstanding companies representing the gaming and betting industry across the region. With a hand-picked judging panel, the accolades recognise the achievements and accomplishments of operators, affiliates and suppliers from all the major disciplines including payments, marketing, platform providers and data.
The SBC Awards Americas took place at Pier Sixty-Six in Fort Lauderdale on the second day of SBC Summit Americas. The show brings together 10,000 industry professionals and over 400 exhibitors for networking, knowledge exchange, and growth opportunities across the casino and sports betting sectors in North, South, and Central America.
The post Kaizen Gaming named Latin America’s Casino and Sportsbook Operator of the Year at the SBC Awards Americas 2025 appeared first on European Gaming Industry News.
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Red Rake Gaming expands its presence in New Jersey with Hard Rock Bet
Red Rake Gaming, a leading provider of online casino content, has announced the launch of its games on the top-rated Hard Rock Bet platform via Aristocrat Interactive.
With this launch, Red Rake Gaming continues to consolidate its growth in the United States after obtaining regulatory approval in New Jersey and other strategic markets. The availability of its most innovative and high-performing games on Hard Rock Bet reinforces the company’s presence in the region and reaffirms its commitment to providing high-quality content to top-tier operators.
Grant Williams, SVP Casino at Hard Rock Bet, commented: “We’re thrilled to Roll with Red Rake Gaming via Aristocrat Interactive and provide our players with an exciting new array of innovative gaming options. Their engaging portfolio will nicely complement the over 2,700 games available on Hard Rock Bet as we continue to elevate the online gaming experience for our players.”
Nick Barr, Managing Director of Red Rake Gaming Malta, added: “We are very excited about the addition of our games on Hard Rock Bet and the opportunity to further expand our presence in the U.S. market. Hard Rock is a globally recognized brand, and we are confident that our games will resonate with Hard Rock Bet’s players, offering a unique and immersive experience.”
The post Red Rake Gaming expands its presence in New Jersey with Hard Rock Bet appeared first on European Gaming Industry News.
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