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Bettingmetrics raises £150k
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Bettingmetrics (Panorama Partners Ltd), a sports betting platform that combines betting activities in one place, would like to announce that they have successfully completed their investment round of 150k led by RLC Ventures.
Bettingmetrics is a platform where betting activities are collated into a single place. It connects punters and bookmakers in an innovative, interactive way. The online platform allows punters to read news, compare odds, place bets, copy some of the best tipster, track and analyse their betting performance. After winning the London Accelerator programme, they launched their first prototype in February 2017. Since their last funding round, they have managed to gather a strong team of developers and marketers.
Bettingmetrics was founded by Martin Grozev in the summer of 2016.
“I am extremely happy with our progress so far and in particular with the success we achieved launching Bettingmetrics odds comparison and market place. The entire Bettingmetrics team has worked extremely hard in order to close the £150k. I am enjoying great business relationship with RLC ventures that helped us a lot to get to the point we are now. With the strong team built and the support of RLC ventures I am confident that bright future is expecting us.
While building Bettingmetrics we have focused on creating a product that solves real issues and adds value to the everyday life of the sports bettor. Bettingmetrics odds comparison is great example by resolving the issue of delayed odds thanks to the new technologies and our in-house developed self-learning algorithm. We have all experienced the issue when we go to a random odds comparison website and see some odds quoted, but when we go to the bookmaker the odds are totally different. Bettingmetrics is not only an exceptionally good odds comparison, it also helps punters to find and copy some of the best tipster while offering the punter 100% transparency and ability to analyse the tipster historical data. We see betting as an investment and this is why we are developing a product that covers all betting needs. Our customers enjoy the most advanced sports betting portfolio management software that offers an automated bet tracker advanced analytics and bankroll management tools.
Our future plans are to extend our partnerships with different bookmakers and allow users to place bets directly from our site which effectively eliminates the need to switch between tabs using a couple of different websites and wasting tone of time. We are already fully integrated with Betfair Exchange and Smarket so punters can bet via Bettingmetrics and automatically track and analyse their results over time. We are looking forward to developing more self-learning algorithms that will help punters make the most of their data.“
Funding:
RLC Ventures has invested into this round of funding for the company. The traction of the product initially captured RLC’s interest. According to Bettingmetrics, the second round will be used for scaling and product development. The team will further develop the odds comparison to deliver the best-in-industry experience. Furthermore, they will enhance their bet tracker so that users will be able to receive suggestions on how to improve their betting performance based on their own data. This is unprecedented. They will continue collecting users’ feedback to improve UX and UI.
Reece Chowdhry, CEO and Founder of RLC Ventures, said, “Bettingmetrics has built a world-class analytics and odds-checking platform. The team have demonstrated brilliant traction by growing their user base by 60% per month and achieving solid growth in recurring revenue (31% the past month). We are excited to back their excellent team in this next stage of growth and product development.”
Bettingmetrics:
Bettingmetrics (www.bettingmetrics.com) 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.
RLC Ventures:
RLC Ventures (rlc.ventures) is an award-winning venture capital firm that invests in seed and early-stage companies high-growth potential across 5 verticals: Proptech, Fintech, Enterprise, AI and Social Impact Tech with a venture pledge – a unique investment thesis.
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Bettingmetrics raises £150k
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SKS365 keeps investing in people: GROW People Management Program took the next level
11 experienced people managers from the SKS365 group’s 4 locations gathered last week in Belgrade for the new GROW People Management Program. From 15 th to 19 th of April, through trainings, discussions, and social connections, people had the opportunity to further grow individually and as a team, while enjoying Belgrade’s city center and rivers.
Created in 2023 with the purpose of building foundation people management skills across the organization, GROW initiative evolved this year by including a new, advanced program for experienced people managers to further consolidate their skills and prepare for future opportunities.
Building and fostering connections, sharing experiences, and enjoying team building experiences – all these activities have been part of the GROWpmp agenda for the 11 people managers coming from Commercial, Product and Development, Finance, and Sportsbook departments of the group’s 4 locations – Malta, Italy, Austria, Serbia.
GROWpmp included a variety of topics that people managers in SKS365 recognized as the key areas for management development. Topics such as influence through communication, team effectiveness, DEI, through to presentation skills and business topics like understanding finance and management reporting, were delivered with the support of external professionals and internal experts, while designed and organized by the SKS365 People & Culture team.
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North Star Network acquires Um Dois Esportes
North Star Network are delighted to announce the acquisition of umdoisesportes.com.br, which becomes the latest addition to NSN’s global sports media portfolio.
Born from the GRPCOM merger of the editorial teams of Gazeta Do Povo and Tribuna do Paraná in 2020, Um Dois Esportes provides in-depth sports coverage and analysis for the Brazilian state of Paraná and beyond.
North Star Network co-founder Julien Josset said: “Thank you to the team at GRPCOM for their faith in us to take the brand forward. Um Dois Esportes is an established and renowned site in Paraná State, and we’re excited about the challenge of developing this asset.”
“We’re happy to maintain the collaboration with the existing editorial team, and look forward to working with them, bringing our unique NSN approach, to take UDE forward.” NSN’s signing of Um Dois Esportes is the media house’s fourth acquisition of 2024, following the recent deals to purchase UK-based SportsMole and MrFixitsTips, as well as Chilean site AlAireLibre, which was announced in March.
The latest addition to the North Star media portfolio joins existing assets including Top Mercato, Afrik-Foot, and Vringe. The Paris-based company already oversees a significant Brazilian operation, delivering over 6 million sessions per month, from the likes of Trivela, Premier League Brasil and Lakers Brasil.
NSN will retain Curitiba-based journalists from the Um Dois Esportes legacy team to maintain the asset’s unique tone and popular coverage of the Paraná sports scene across site and social.
“We were surprised by the interest, and initially had no intention of selling Um Dois, but as the conversations evolved, we realised this was a serious group with good intentions,” said GRPCOM Director Rafael Mello. “We were very happy to see our project being valued by a large international group and going global, demonstrating the quality of the content we produced.”
“We’re also proud that North Star inherited our journalists, who are truly responsible for the success of the product we offer readers every day.”
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PepperMill Casino will be a naming partner of the Belgian play offs. For the 24-25 season, PepperMill remains a partner of the BNXT League until the restrictions on gambling advertising take legal effect on January 1, 2025.
The partnership between BNXT League and PepperMill Casino aims to create engaging and customized content that engages and captivates fans on multiple fronts while increasing brand awareness.
“The basketball community is growing and buzzing with excitement and energy,” stated Anthony Rus, General Director of PepperMill Casino. “This partnership allows us to create memorable moments that build brand awareness and capture the hearts of fans.”
“Wim Van de Keere, general manager of the BNXT League, adds, “The playoffs are undoubtedly the sporting highlight of the season. We are delighted to still be able to tie a dynamic partner like PepperMill Casino to us despite the restrictions coming up from 2025.”
The post BNXT League and PepperMill Casino join forces appeared first on European Gaming Industry News.
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