Online Sportsbook+Casino operator

#CE0024
Online Sportsbook+Casino operator

πŸ“… Main information:
Established: 2024 Established start-up
Platform: Stock-style product is proprietary and platform-agnostic; Sportsbook runs on a strategic third-party platform.
Products: Real-time team/player β€œstock” trading with SportsRadar feed; Sportsbook powered by SportsRadar and VAIX AI; Casino with 100K+ games focusing on Asian content.
Integrations: Multiple integrations including Customer.io and Payment IQ
Licences: Anjouan. UKGC in process
Target markets: Include the Far East and Middle East, followed by regulated markets starting with the UK, Italy and Spain
Number of FTE: 30+ FTE

πŸ”‘ Key features:
πŸ”Έ "Tier-1" Team: The leadership team has a proven background in scaling global gaming platforms from startup to IPO
πŸ”Έ A unique, proprietary stock-style betting engine that creates a "stickier, more strategic betting experience"
πŸ”Έ Operates a B2C brand and licenses its B2B product to other operators, creating dual revenue streams

πŸ’° Financials:
Company forecasts a net loss of approximately -5.3M USD in 2025 before achieving a net profit of approximately 5.5M USD in 2026.
The roadmap targets breakeven by December 2026
Planned NGR from B2C in 2026: 70M USD
Planned NGR from B2B in 2026: 20M USD

🏦 Acquisition:
2,6M USD - 13,5M USD to be used for product development, market launches, CRM, and B2B rollout
TAG