In this episode of 'On the Couch', Henry Jennings is joined by Tom Waterhouse.

They speak about Waterhouse VC's unique three pillar investment strategy, along with exciting areas in the gaming and wagering industry.

A further episode to follow...

marcustoday.com.au/2024/04/on-the…

.Tom Waterhouse recently spoke with Sharewise to discuss Waterhouse VC’s three investment pillars, our due diligence process, and the intersection of crypto and wagering. Watch the webinar here:
youtu.be/gv0T-Wfqoqg

Nice to speak with Henry Jennings from Marcus Today about Waterhouse VC's unique three pillar investment strategy and exciting areas in the gaming and wagering industry. podcasts.apple.com/au/podcast/on-…

Pointsbet $PBH.AX has completed the sale of its US business, receiving US$50m, representing the final instalment of the headline
purchase price of US$225m.

Pointsbet retains its Australian and Canadian operations.

We recently spoke with a variety of B2B and B2C iGaming companies about their journey to acquire their first customers.

If you would like to learn more, our insights are provided here:
waterhousevc.com/news-archive/h….

.Tom Waterhouse recently spoke with Henry Jennings from Marcus Today about Waterhouse VC's unique three pillar investment strategy and exciting areas in the gaming and wagering industry.

Listen to the discussion here:
podcasts.apple.com/au/podcast/on-…

Playtech $PTEC.L has today reported its 2023 results.
The company generated operating cash flow of 366.9m EUR.
See the full release here: shorturl.at/ahIOX.

888 Holdings has today released its 2023 results. See full result here: ir.design-portfolio.co.uk/viewer/106/620….

Adjusted EBITDA £308m (up from £217.9m in 2022)
Revenue £1.70bn (up from £1.24bn in 2022)
Net loss £56.4m, compared to £120.5m in 2022.

Proposed change of company name to Evoke.

Flutter $FLTR.L $FLUT today announced 2023 annual results. View the full release here: shorturl.at/fgjvx.

The company also provided guidance for 2024:
Revenue growth of 17.5%
Adjusted EBITDA growth of 30.2%

We last covered Flutter in October: waterhousevc.com/news-archive/o…

In case you missed it, our March newsletter covered three renowned figures in the wagering industry: Tim Heath (innovator in crypto betting); Peter Jackson (CEO of Flutter plc); and David Walsh (one of the world's foremost professional bettors)

waterhousevc.com/news-archive/m…

Professional bettors are incredibly bright and have a rare skill-set. They understand the unique dynamics of each sporting code/casino game/lottery back to front. They are able to model 100s of factors that predict the ‘true’ likelihood of a result.

waterhousevc.com/news-archive/m…

In every industry, there are prominent figures who stand out, and the wagering industry is no exception. This month, we shine a spotlight on three industry leaders: Tim Heath, Peter Jackson and David Walsh.
Tom Waterhouse

waterhousevc.com/news-archive/m…

Last week, North Carolina (population: 10.6 million) became the 30th state to launch regulated online sports betting.

The 8 licensees in NC include: DraftKings $DKNG, FanDuel $FLTR $FLUT, BetMGM $MGM, Underdog Sports Wagering, Fanatics, bet365, ESPN BET and Caesars $CZR.

Originally from Australia, Tim Heath is a wagering industry entrepreneur & venture capitalist. In 2013, he launched Coingaming Group (rebranded to Yolo Group Yolo Group in 2021), a crypto wagering operator and supplier.

Peter Jackson has been the CEO of Flutter plc since January 2018. Under his stewardship, the company’s valuation has doubled and it is now the world’s largest publicly listed wagering company. Only bet365 (owned by the Coates family) comes close to Flutter in global scale.

.FanDuel $FLTR.L $FLUT retook the combined online sports betting/online casino market share lead in 4Q23.
Source: Eilers & Krejcik Gaming, LLC

We've seen many innovative companies disrupting the gaming and wagering industry during NEXT.io's NYC'24 conference. If you're interested in discussing your business with us, feel free to reach out via email at [email protected].
Tom Waterhouse

We have met many exciting companies that are disrupting the gaming and wagering industry at #sbcsummitrio . Businesses should reach out to us if they are driven to dominate their niche, particularly B2B service providers. Companies can contact us at [email protected].

We discussed Better Collective in July 2022 and continue to believe that the company is led by a well-aligned and proven management team focused on growth in a relatively mature industry. Since July 2022, $BETCO's valuation has increased by around 100%.

waterhousevc.com/news-archive/j…