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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

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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INCENTIVE GAMES AND GOLDBET LAUNCH NEW FREE-TO-PLAY GAME ‘WINNING5’

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Incentive Games, a leading B2B games provider, has partnered with Goldbet, part of the Lottomatica Group Italy’s leading name in online gaming, to launch a new free to play weekly football game, Winning5.

The game gives football fans a chance to visit the Goldbet app each weekday to ‘collect’ a different Seria A team, selected at random, with play bonus slot, spots bonus, and a €2,000 shared jackpot up for grabs depending on how many of their teams win over the weekend.

The more winning teams players collect, the bigger the prize. From smaller wins for two correct results, to the ultimate reward for collecting all five teams, Winning5 offers players an engaging and free way to add fun to the weeks matches.

On game day, players can track their progress through real-time updates, powered by Incentive Games’ specialised data and analytics to deliver a seamless, engaging experience.

This is the first collaboration between Goldbet and Incentive Games as part of the company’s partnership with Lottomatica.

John Gordon, CEO and co-founder of Incentive Games, said, “Winning5 is designed to bring the thrill of weekend football to life, but in a way that’s free-to-play and accessible. We’re thrilled to partner with Goldbet, one of Italy’s most respected gaming brands, to deliver a product that keeps fans engaged and entertained from kick-off to the final whistle.”

Simone Occhiuzzi, Lottomatica Digital & i-Gaming Director, said, “Our objective is to ensure an ever-expanding for-fun offering for our customers. We are proud to have broadened our engagement bouquet with the introduction of Winning5, further enriching our customers’ for-fun experience.”

The game is now live for all eligible Goldbet customers in Italy.

The post INCENTIVE GAMES AND GOLDBET LAUNCH NEW FREE-TO-PLAY GAME ‘WINNING5’ appeared first on European Gaming Industry News.

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Future-Ready iGaming: Denis Kosinsky, COO of NuxGame, Discusses AI, Innovation, and Scalable Growth

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Denis Kosinsky, Chief Operating Officer at NuxGame, joins us for an exclusive conversation ahead of HIPTHER’s European Gaming Congress 2025.

NuxGame, a leader in delivering powerful B2B iGaming solutions from turnkey casinos and sportsbooks to crypto gaming and modular aggregation, is a General Sponsor of this year’s Congress. With expertise spanning AI personalization, blockchain integration, and real-time analytics, Denis will bring his insights to the EGC panel “Leveraging AI for Competitive Advantage.”

 

Denis, as COO of NuxGame, you coordinate strategic growth and product innovation. What do you see as the most urgent priorities for iGaming operators today?

From our daily work with operators, we see personalization as one of the most urgent priorities in iGaming today. Players expect the same tailored experience they get from platforms like Netflix or Spotify, where everything feels made just for them the moment they log in. We work closely with our operators to make that possible. Whether it’s helping a slot-focused brand surface the right providers or enabling personalized campaigns by player behavior, our goal is to shorten the path from idea to go-live. With access to more than 16,500 games from over 130 providers, integrated loyalty and tier systems, and advanced analytics, operators can test, optimize, and launch personalized experiences quickly without heavy development cycles. This speed to market is critical. When operators can react fast and deliver relevant content at the right time, players stay engaged, retention grows, and brand loyalty follows naturally. That’s exactly where we focus on helping our partners move fast, personalize smarter, and scale sustainably.

NuxGame offers a multitude of solutions: casino, sportsbook, crypto integration, game aggregator. How do you make sure that your platform stays modular and scalable, and still manage to provide a stable experience for operators and players?

Our platform is built on a modular architecture that allows each business unit such as sportsbook, casino, payments, and back office to operate independently while remaining fully connected within a unified ecosystem. This structure ensures a stable and consistent experience for both players and operators, even when new features are introduced or updates are deployed. Each module can be developed, scaled, or maintained separately, which improves reliability and reduces the risk of system-wide issues. Through standardized APIs and controlled data flows, the business units collaborate efficiently while maintaining autonomy, ensuring high performance and a seamless experience across all platform components.

You’ll be joining the panel on AI in iGaming. How do you see artificial intelligence transforming the industry in the next few years – particularly in areas like player personalization, fraud detection, and operational efficiency?

AI is already reshaping iGaming in powerful ways. In fraud detection, it can uncover complex behavior patterns that traditional monitoring often misses, such as linked accounts or unusual bonus activity. These systems continuously learn from platform data, helping operators reduce losses and improve security. Predictive models are also becoming key in decision-making. They forecast player lifetime value, churn risk, and engagement potential, allowing operators to act early with targeted campaigns or retention offers. The same technology supports smarter CRM and marketing, helping teams focus on the players who matter most. Operationally, AI is improving efficiency through automated KYC verification, odds monitoring, and compliance checks. New AI agents now assist with platform configuration and content generation, enabling faster creation of campaigns, layouts, and recommendations. For players, AI brings true personalization. Instead of hundreds of random games, they see the few most relevant titles, offers, and providers. Operators who apply these capabilities effectively will build deeper engagement, trust, and long-term loyalty.

Gamification and blockchain are big parts of the NuxGame strategy. Could you share how these technologies are boosting engagement and retention for your clients?

Gamification and blockchain are redefining how operators drive engagement and retention, and at NuxGame we focus on turning every interaction into a reason for players to stay active. Our Achievements system rewards players for meaningful actions such as first deposits, login streaks, or consistent gameplay, while event-based notifications deliver these rewards at the right moment to sustain excitement. We extend engagement even further with loyalty programs, leaderboards, and platform chat that connects players directly within the gaming environment. Players can celebrate live wins, share achievements, and compete in real time, creating a social layer that strengthens the overall experience. Another popular feature is Spin Wheel, where operators can offer customized rewards ranging from free spins to bonus credits or unique prizes. It adds instant gratification and keeps players returning for another chance to win. Blockchain technology completes this ecosystem by powering fast, secure Web3 wallet onboarding and transparent crypto transactions, building player confidence from the very first interaction. Together, these features create a seamless, rewarding, and community-driven experience that keeps players engaged and operators growing.

With over 16,500+ games from 130+ providers on your platform, content aggregation is obviously your strength. How do you build partnerships that keep your portfolio diverse, compliant, and competitive?

Our goal at NuxGame is to provide operators with the same experience they would have if they integrated directly with each individual game provider, while delivering a much higher level of efficiency, automation, and control. What makes us different is not only the scale of our portfolio, with more than 16,500 games from over 130 providers, but the quality and depth of data we deliver for every game. We go beyond simple content aggregation by sending complete and enriched game metadata through our API. This includes detailed information such as bonus exposure, available provider promotions, tournament participation, and automated big-win checks. Most providers do not share this level of data, which makes it a key advantage for our partners. By providing it through the API, we eliminate a large amount of manual work for operators, simplify campaign management, and allow instant personalization and reporting. It is not just about having a large and diverse game portfolio. It is about giving operators the tools and real-time data they need to create dynamic, localized player experiences and make smarter business decisions. This is the foundation of our approach at NuxGame and what defines us as a true technology partner rather than just an aggregator.

NuxGame has been a pioneer in cryptocurrency integration. How do you balance the opportunities of Web3 with the obstacles of regulation, security, and user adoption in gaming?

Crypto and Web3 offer huge opportunities for iGaming, but success depends on security, compliance, and user experience. At NuxGame, we built our crypto solution to feel familiar to users of leading exchange platforms, with seamless wallet connections, real-time balances, and instant transactions. The system supports BTC, ETH, USDT, and other major assets, with Web3 wallet integration and direct crypto purchases for fast onboarding. For operators, it delivers built-in fraud prevention, risk monitoring, and compliance-ready reporting. This combination of trust, speed, and intuitive UX makes crypto adoption easy for players and expansion safe for operators.

So what’s next for NuxGame? Are there particular markets or partnerships you’re most excited about as you continue to expand?

We are putting a strong focus on the US market, particularly on enabling operators to launch faster within the sweepstakes model. This segment is growing rapidly but comes with complex regulatory and technical requirements. NuxGame is fully prepared for it with dual-currency logic, built-in compliance automation, and a complete payment orchestration layer that eliminates the typical setup delays operators face. Our platform provides a ready-made, legally tested foundation, so clients can go live without spending months on integrations or legal reviews. Combined with affiliate management, engagement tools, and modular scalability, operators can focus on growth rather than setup. The sweepstakes model is a major opportunity in the US, and our goal is to make NuxGame the go-to solution for fast, compliant, and profitable entry into that market.

Thank you, Denis, for sharing your vision and perspective on how technology is shaping the future of iGaming. We’re excited to hear more from you live on stage at the European Gaming Congress 2025!

Join us at the European Gaming Congress 2025 | 30–31 October | Warsaw

Secure your spot, connect with NuxGame, and discover how leading innovators are redefining the industry.

The post Future-Ready iGaming: Denis Kosinsky, COO of NuxGame, Discusses AI, Innovation, and Scalable Growth appeared first on European Gaming Industry News.

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KingMidas Games and SpinOro Announce Strategic Partnership to Expand Global Reach

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KingMidas Games, a leading iGaming provider, has announced a strategic partnership with SpinOro, a trusted and innovative content aggregator and game provider. The collaboration will see SpinOro take up KingMidas Games’ portfolio of high-quality and cutting-edge titles, and distribute them to operators across Europe, Latin America, and other key markets worldwide.

Through this partnership, operators connected to SpinOro’s aggregation platform will gain access to KingMidas Games’ diverse catalogue of immersive experiences, ranging from next-gen titles and exclusive IP-driven content to classic and feature-rich slot offerings. The integration is expected to go live in late 2025.

“This partnership with SpinOro reflects our shared ambition to connect global operators with premium and differentiated gaming experiences,” commented Sean Auret, Global Head at KingMidas Games. “SpinOro’s reputation for trust, reliability, and innovation makes them an ideal partner as we continue expanding our presence across key markets. Together, we’re creating opportunities for operators to deliver content that speaks to local audiences while maintaining global appeal.”

Jeff Letlat, COO, SpinOro, added: “KingMidas Games’ reputation for bold ideas and next-generation creativity complements our own commitment to bringing operators a portfolio that feels both innovative and commercially impactful. By adding their unique style and forward-thinking titles, we’re not only enriching the variety available to our partners but also ensuring players gain access to experiences designed for the digital-native generation. It’s exactly the kind of collaboration that keeps our platform fresh, diverse, and future-ready.”

The collaboration highlights both companies’ dedication to quality, innovation, and growth in an increasingly competitive iGaming landscape. By combining KingMidas Games’ creative game development with SpinOro’s extensive distribution network and technical expertise, the partnership aims to bring players around the world closer to the next generation of entertainment experiences.

The post KingMidas Games and SpinOro Announce Strategic Partnership to Expand Global Reach appeared first on European Gaming Industry News.

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