Press Releases
Bettingmetrics raises £150k
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.
Latest News
Aristocrat Leisure Completes Acquisition of Neo Group Ltd. (f/k/a NeoGames) for $29.50 per Share
Neo Group Ltd. (formerly known as NeoGames S.A.), announced today that Aristocrat Leisure Limited, an entertainment and content creation company delivering world-leading mobile and casino games, has completed the previously announced acquisition of all of the outstanding ordinary shares of Neo for $29.50 per share in an all-cash transaction, representing an enterprise value of approximately $1.2 billion for Neo.
“We are excited to have successfully closed this transaction and joined forces with the Aristocrat team to further drive our success across iLottery, iGaming, and online sports betting,” said Moti Malul, Chief Executive Officer of Neo. “We firmly believe that this Transaction represents a great outcome for all of Neo’s shareholders, customers and employees. We are very grateful to all our stakeholders who have supported us since our inception. I would also like to thank all our employees for their commitment in making Neo the great company it is today.”
The transaction was announced on May 15, 2023.
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Wazdan pounces for bigger wins in new sequel Mighty Wild™: Panther Grand Gold Edition
Wazdan, the gain-focused developer behind some of the world’s most rewarding casino game experiences, is multiplying jackpots in the follow-up to its top-performing game Mighty Wild™: Panther Grand Gold Edition.
Venturing to the depths of the jungle where a black panther rules the reels on a 5×3 gameboard, the new edition provides even larger win potential. With the increased value of the Cash symbols and Cash Infinity™ symbols, there is also a more lucrative Grand Jackpot of 1500x the base bet.
Players can trigger either the Hold the Jackpot™ or Wild Rampage™ bonus rounds after landing at least six bonus symbols. Furthermore, Chance Level™ has been amplified to improve players’ chances of hitting the bonus round.
Bolstering the ferocious Wild Rampage™ bonus game, Mystery Symbols transformed into jackpots are multiplied by a value between 1x to 10x, providing the opportunity for even bigger rewards.
Wazdan’s Online gaining™ philosophy empowers players to tailor gameplay to their preferred style through customisable features like Volatility Levels™, Buy Feature, and Ultra Fast Mode which has delivered proven results for its partners.
Andrzej Hyla, Chief Commercial Officer at Wazdan, said: “Mighty Wild™: Panther Grand Gold Edition features an exciting new lair through the inclusion of transforming mystery symbols, adding multiplier prizes to jackpots.
“Enhancing the gameplay of a pre-established hit allowed us to expand upon the engagement and entertainment on offer and we anticipate a great reception to this release.”
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PRAGMATIC PLAY DELIVERS BRAND NEW DEDICATED LIVE STUDIO FOR BETSSON
Pragmatic Play, a leading content supplier to the iGaming industry, has expanded its partnership with Betsson Group to deliver an exclusive dedicated Live Casino studio featuring a mix of premium Blackjack and Roulette tables.
Incorporating all the fan-favourite features of Pragmatic Play’s Live Casino games, including multiplayer mode, chat functionality, and bet behind, the nine custom-built tables have been uniquely crafted to immerse players in the Betsson Group brands.
In total, eight new dedicated Blackjack tables and one new Roulette table will be broadcast from the custom-built live studio, every detail of which has been designed to Betsson’s precise requirements.
It is the latest dedicated studio to be delivered by Pragmatic Play, whose operator partners can also use Smart Studio to customise elements of the Live Casino titles to produce bespoke environments that showcase their brands.
Irina Cornides, Chief Operating Officer at Pragmatic Play, said: “Delivering a dedicated studio for Betsson marks another milestone for Pragmatic Play’s award-winning Live Casino offering. Betsson is a much-valued partner, and we are delighted to provide them with an immersive live environment that is fully dedicated to their brand.”
Chellyanne Cassar, Live Casino Manager at Betsson Group, added: “We are delighted to collaborate with Pragmatic Play to ensure delivery of a bespoke dedicated studio, where we can showcase our brand-new Blackjack and Roulette tables.
“The partnership highlights our shared commitment to delivering unparalleled gaming experiences, and we’re thrilled with the final results of the studio.”
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