Dallas sports micro-betting startup nVenue raises $1 million for product development

Hot off the press! DraftKings and NASCAR, LLC have just shaken hands on a deal that's setting the stage for some major action. They've inked a written agreement, and if all goes well with the licenses and official thumbs-up, DraftKings is set to make some noise in North Carolina, the home turf of none other than Dale Earnhardt Jr. But wait,…

After Mavs owner Mark Cuban sold a majority stake in the Dallas Mavericks to Miriam Adelson, the owner of casino and resort giant Las Vegas Sands, experts said gambling seemed to be on the horizon for Texas. Now the NBA is looking to plant its flag further in Texas by taking an equity stake in Dallas-based nVenue, a microbetting startup company.…

nVenue Co-founder and Chief Financial Officer Drew Williams; Chief Technology Officer Mik Stearns; Co-founder and Chief Product Officer Bruce Sears; Co-founder and CEO Kelly Pracht; Chief Marketing Officer Christiana Yebra; and Chief Revenue Officer Jeremy Jones. [Photo: Bri Crow] Dallas-based nVenue-whose sports betting platform uses machine…

New York, NY - Simplebet, the global technology leader in micro-betting, will unveil its golf markets at the LIV Golf Chicago event beginning Friday, September 22. The course at Rich Harvest Farms in Chicago will play host to a field of 48 of the world's best golfers, marking the first event where Simplebet will create micro-betting markets for a…

NASCAR Hall of Famer Dale Earnhardt Jr. will be making an appearance at a Pennsylvania dirt track in September for a sprint car race. The High Limit Sprint Car Series announced on Twitter/X that Earnhardt and members of his Dirty Mo Media company will be at Lernerville Speedway in Sarver on Tuesday, Sept. 26 for the Commonwealth Clash. The 410…

Nascar has signed a sports betting and predictive data partnership with nVenue. Confirmed: nVenue will collaborate directly with the league to design and develop in-race odds for sportsbooks and operators In-race markets will include unique betting windows such as stage results, qualifying, pit-road betting opportunities and more Multi-year deal…

The flow of funding to US sports betting and online gambling startups has slowed in the past two years, but companies including the digital lottery site Jackpot.com and the Joey Levy and Jake Paul-backed betting platform Betr are still managing to attract significant investment, new data from PitchBook shows. US sports betting and gambling startups…

As part of the deal, Simplebet will facilitate the delivery of LIV Golf's real-time competition data to online betting sites globally. A micro-betting technology company has secured a legal sports betting partnership with a Saudi-backed upstart golf league. LIV Golf has announced a strategic partnership with Simplebet to make the micro-betting…

The startups Action Audio, Edge Sound Research, Tagboard and nVenue presented their latest basketball-specific product developments in Las Vegas. LAS VEGAS - Before joining the NBA Launchpad program, Action Audio "didn't have a basketball product," said its CEO, Tim Devine. Ditto for Edge Sound Research. Tagboard entered Launchpad as the most…

Over the last year, Chicago-based William Ryan Homes has been in stealth mode in North Texas acquiring 1500 lots across nine North Texas communities. Now, officially, the company has relaunched operations in the DFW market, which it left in 2009. Model homes are now under construction in Denton in the Preserve at Pecan Creek community, in Anna at…

Bettors in seven states will soon have access to micro-betting through Hard Rock Sportsbook. A micro-betting technology company is expanding its reach with an emerging legal sports betting operator. Simplebet has secured a multi-state partnership with Hard Rock Digital - an entertainment and online gaming venture that owns and operates the Hard…

nVenue is female-founded and led sports betting platform that uses machine learning/AI to generate real-time, game-relevant probabilities and microbets for fans. DALLAS - nVenue, a female-founded and led sports betting platform that uses machine learning and AI to generate game-relevant probabilities and micro-bets for fans to engage with in…

Simplebet announced Thursday it has signed a new multi-year deal with Caesars Entertainment to launch real-money micro-betting on the Caesars Sportsbook platform. This agreement means Caesars Sportsbook users will be able to place micro-bets for the NFL, the NBA and college football and for MLB when the 2023 season starts. With Simplebet's…

S implebet, the leader in micro-betting products, signed a new multi-year agreement with Caesars Entertainment to launch real-money micro-betting on the Caesars Sportsbook platform. With Simplebet's technology, Caesars customers can wager on the outcome of every play, including every pass, possession, and pitch, during a game. Simplebet, cofounded…

Gambling is already happening in Texas under lawmakers' noses. The catch? The state is not profiting a dime. Brandon DuBreuil, sports betting expert for online betting resource Covers, estimates that the volume of illegal, offshore, and unregulated sports betting within Texas ranges from $5.4 billion to $21.6 billion per year. The revenue from…

ASHLAND, Ky. - In October, representatives from the Eastern Band of Cherokee Indians (EBCI) made their way to eastern Kentucky for the groundbreaking of a new horse racing facility. This project is being led by EBCI Holdings and is a joint venture with Revolutionary Racing, LLC, a company that specializes in horse racing facilities. The total…

Subject to regulatory approval, the new arrangement, which also includes EBCI Holdings, the gaming entity of the Eastern Band of Cherokee Indians that operates the casino, will allow Betr to launch real-money micro-betting in the state. Upon Betr securing the relevant licence, consumers in Indiana will be able to place wagers on a range of in-game…

Microbetting-focused sports betting company Betr announced Thursday that Caesars Southern Indiana will be the new regional partner of the brand. Subject to regulatory approval, the partnership between Betr, Caesars Southern Indiana and the Eastern Band of Cherokee Indians' gaming entity, EBCI Holdings, is aimed at granting Betr market access and…

The Jake Paul-led operator, which is focused on the micro-betting sector of the iGaming industry, now has two markets targeted for when it launches its real-money app - but when exactly that will be is to be determined. Micro-betting is coming to the Hoosier State... eventually. Betr announced a partnership yesterday with Caesars Southern Indiana…

Betr announced Thursday it has reached an agreement with the Eastern Band of Cherokee Indians to enter the sports wagering space in Indiana via Caesars Southern Indiana in Elizabeth. The deal, which is primarily equity-based, according to the press release from Betr, will make EBCI Holdings one of the largest stakeholders in the microbetting…

NBC Sports analyst Matthew Berry will also be joining nVenue's advisory team to advance the micro-betting service, the company announced. DALLAS - Dallas-based sports data analytics startup nVenue announced Thursday it has launched its own NFL "micro-betting" markets utilizing its NextPlayLive API technology. nVenue provides these micro-betting…

Welcome to Sportico's Transactions wire, a weekly rundown of personnel, partnerships and purchases across the sports business industry. Tempus Ex Machina Taps Amazon Vet as Vice President of Product Tempus Ex Machina, a cutting-edge sports technology company, is adding to its leadership team as executive Felicia Yue joins the tech startup as vice…

The pitch clock is coming to Major League Baseball next season, and with it a number of byproducts. Game time will decrease. Action on the field will increase. And the sport - so hope the powers that be who announced the move earlier this month, including Commissioner Rob Manfred - will be much healthier. Testing new rules in what Manfred said were…

New York online sports betting has exploded since first launching in early January, and as the market gears up for its first Major League Baseball season, Simplebet looks poised to be a driving force in the action by bringing its micro-betting technology to the forefront of the fan experience. Standard pre-game markets such as point spreads,…

The NBA is infusing betting into live games on NBA League Pass. The league and Sportradar, a global data company, are rolling out a new option for League Pass viewers to be able to track betting odds on NBA games as they watch them on the app and then offer the ability to click through to wager through the NBA's betting partners. Sportradar will…