Simplebet

What a week in Las Vegas! ?? Last week, the Simplebet team attended the Global Gaming Expo for a productive week, highlighted by our Head of Analytics, Andrew Puopolo’s panel, “AI-Powered Evolution: Reshaping the In-Play Sports Betting Strategy,” where he discussed how organizations could leverage AI to enhance the betting experience for clients. Check out the highlights below??

The Simplebet team is heading to Las Vegas next week!???? Our group of Mark Nerenberg, Jon Swirsky, John Bowden, Andrew Puopolo, Charles Flood, and Chase Thomson will be representing Simplebet at the biggest American trade show of the fall, the Global Gaming Expo. Don’t hesitate to reach out if you want to discuss anything in-play! #G2E #InPlay #AI?

Proud to announce that Simplebet is set to be acquired by DraftKings Inc.. Since the earliest days working out of our founder's apartment, I've had the incredible privilege of witnessing our journey from a startup dream to this milestone. Building something 0 to 1 is always harder than you think, and this acquisition is a testament to the hard work and dedication of our team. We grinded it out for 2+ years (felt longer) to build our first product and win our first customer (FanDuel) during the pandemic. After that, the real work began with nearly 4 more years of building new products and slowly winning market share. To my Simplebet colleagues: We did this. We shipped impactful products, talked to customers and iterated quickly. We've faced challenges, made a ton of mistakes, celebrated victories, and grown together. We should be proud. As we embark on this new chapter with DraftKings, I'm excited for what the future holds. Together, we'll have the opportunity to make an even bigger impact in the world of sports. Here's to the next phase of our journey. ??

Looking forward to heading out to Las Vegas for my first @G2E, and speaking at my session “AI-Powered Evolution: Reshaping the In-Play Sports Betting Strategy”, where I’ll peel the curtain back on how organizations can leverage AI to streamline their operations and enhance the betting experience for their clients. Hope to catch some of you there! #G2E2024

Simplebet CEO Chris Bevilaqua's statement on the DraftKings acquisition: "Joining forces with DraftKings Inc. represents a pivotal step in Simplebet’s mission to revolutionize the sports betting and fan engagement experience. By joining forces with the powerful brand and platform of DraftKings, Simplebet will become an integral part of a leading platform that shares our vision for the future of sports engagement. This move accelerates the development of our innovative in-play micro-betting technology, ushering in a new era of real-time, in-play gaming and fan engagement that aligns with the speed of live sports, and making every moment matter. This acquisition is a natural progression in our relationship with DraftKings, furthering our shared goal of creating the most comprehensive and responsive sports betting platform on the market. Our platform handled over $2 billion in bets in the last 12 months, reflecting the boom in-play betting is experiencing. Our acquisition by DraftKings strengthens this momentum. This deal ensures that our battle-tested technology and amazing team will continue to thrive within the robust infrastructure and expansive reach of DraftKings. I believe this is the ideal outcome for Simplebet, as we now play a key role in shaping the future of live sports betting on a grand scale. I want to personally thank our entire engineering, product, trading, and scouting teams, none of what we’ve accomplished would have been possible without each of your contributions. And as important, for sticking together as a team to drive the future of in-play betting with the industry leader! I’d also like to thank our entire investor group, the executive leadership team(Mark Nerenberg, Melissa Davis, JR Hernandez, Simon Gershey, and Andre Bessette), and firms Proskauer Rose LLP, Ice Miller LLP, and Rothschild & Co. for their roles in the transaction. I look forward to assisting the leadership through this exciting transition. And finally, as you’ve heard me say many times over the past 6 years, “We’re eating an elephant, one bite at a time,” so let’s keep on grinding!" - Chris Bevilacqua, CEO https://lnkd.in/eDeu6mt7

I’m incredibly proud of the work my team did last year in designing and building the new Simplebet website, and I wanted to give the team an overdue shout out for their outstanding efforts. With so many innovative products being developed across Simplebet, I felt a responsibility to clearly define our product suite and effectively tell our story. The challenge was to distill the complexity of our offerings into a cohesive message that resonates with potential customers. This project was as much about storytelling as it was about design. Crafting the right narrative for a large organization requires getting buy-in from all stakeholders, ensuring we’re communicating the right story to the right audience. In the fast-paced world of startups and a rapidly evolving industry, adaptability is key. That’s why we built the site in Webflow, allowing non-technical team members to easily update content as our story evolves. A big shoutout to Henry Steckel, Kia Valdez Bettcher, and Paper Tiger for their outstanding work in bringing this vision to life. Since launching the site, we’ve seen a significant increase in traffic and inbound interest, and now have a platform that truly reflects the pride we have in our company. ?? simplebet.ai

In-play is experiencing a boom?? With that in mind, our CPO, Andre Bessette sat down with Casino Reports to discuss the state of all things in-play betting. Be sure to click the link below to learn more about: ?? Strategies being used to engage users ?? New innovations within the space and how they impact user engagement? ?? How is Simplebet capitalizing on the growth of in-play betting in the US? https://lnkd.in/ej-9ucv4

??New Podcast Alert?? Our CEO Chris Bevilacqua was featured on the latest episode of the "How Leaders Lead " podcast hosted by David Novak. Check out the episode to gain key insights from Chris's experiences: ?? Why perseverance is key for any leader ?? Advice when it comes to deal-making ?? What you need to look for when searching for that next big idea ?? Listen here: https://lnkd.in/eggtXxbi #SportsBusiness #Leadership #Entrepreneurship

Quality is key, especially when you’re providing in-play betting markets to the world's biggest sportsbooks. Our CTO Simon Gershey took some time to discuss with us why quality and scale are so important when it comes to delivering the best product to customers and users. #Engineering #MachineLearning #AI

Quality is key, especially when you’re providing in-play betting markets to the world's biggest sportsbooks. Our CTO Simon Gershey took some time to discuss with us why quality and scale are so important when it comes to delivering the best product to customers and users. #Engineering #MachineLearning #AI