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BETSPERTS Closes Second Seven Figure Fundraising Round in 2020

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BETSPERTS Closes Second Seven Figure Fundraising Round in 2020

 

BETSPERTS CEO and co-founder Reid Rooney announced that BETSPERTS has just closed a second seven-figure fundraising round in 2020. BETSPERTS is the largest US-based social media platform dedicated to sports gambling. This round includes some new investors to BETSPERTS including UK-based Velo Partners leading the round.

Evan Hoff, Partner at Velo Capital Partners LLP, was quoted saying, “Velo is extremely excited to be partnering with BETSPERTS in the next leg of their start-up journey, which combines deep domain knowledge with great passion for sports. Sports gamblers are faced with massive amounts of data and a virtually endless array of betting events, creating a strong need for solutions that cut through the noise. By giving consumers access to verified experts, encapsulated in an intuitive UI, BETSPERTS is poised to take advantage of the explosive growth the sector is experiencing.”

Also, in this fundraising round are investors such as Numeria Capital led by Jason Searfoss, Bettor Capital led by Dave VanEgmond, and various other angel investors.

“With the investments in 2020 we have the opportunity to scale at a greater rate and capitalize on the rapid growth of our target market. We are going to invest in the product and technology while providing our loyal users more tools and assets for them to enjoy their betting experiences. We continue to actively listen to our users and enhance their daily experience with our platform,” Reid Rooney said.

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Harrah’s Cherokee Valley River’s New Hotel Tower Nears Completion

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Harrah’s Cherokee Valley River’s New Hotel Tower Nears Completion

 

Harrah’s Cherokee Valley River Casino & Hotel has shared significant updates on the development of the highly anticipated Valley Tower. Valley Tower marks the latest milestone in Harrah’s Cherokee Valley River’s $275 million expansion project, following the opening of a 25,000 square-foot expanded casino floor this past May.

Construction on the Valley Tower has progressed substantially, with exterior wall panel installation complete and framing fully finished up to level 11. Key systems such as mechanical, electrical, plumbing, and fire sprinklers are now in place across all floors, while drywall and insulation have been installed from levels one through nine. In the coming months, teams led by Robins & Morton will focus on interior finishes, wiring low-voltage and fire alarm systems, and building out IT and electrical rooms.

Once complete, Valley Tower will embody the spirit of the valley and beauty of the adjacent Nantahala National Forest, creating a new sense of luxury on site. Lodgers will be greeted by an onyx stone reception desk set against custom wood paneling, with warm wood tones, organic furnishings, and forest-inspired carpeting that will enhance the inviting atmosphere.

“We’re thrilled to share our progress made to Valley Tower and are eager to welcome guests to experience the luxurious new rooms and enhanced amenities soon. Every detail of the Valley Tower has been thoughtfully designed with our guests’ comfort and enjoyment in mind,” said Lumpy Lambert, General Manager of Harrah’s Cherokee Valley River Casino & Hotel.

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In addition to nearly doubling the amount of hotel rooms currently offered, Valley Tower will also host a lineup of luxe amenities including the 12,000 square-foot rooftop restaurant providing enchanting mountain views, the 9600 square-foot salon and spa, and year-round indoor pool. The development of these additions is on-schedule for an early 2025 opening.

Guests can begin booking rooms online for stays at Valley Tower starting on 1 March 2025. While this is the first available date to book online, the property anticipates having rooms turned over sooner in late 2024.

To accommodate the influx of casino goers and lodgers, Harrah’s Cherokee Valley River is also nearing completion of their new 5-story parking deck. The structure’s concrete slab is now finished with all precast elements installed. In the coming weeks, crews will finish caulking and sealing expansion joints, striping parking spots, and installing the deck’s elevators and electrical and mechanical rooms.

The new amenities will also introduce new positions in hotel, food and beverage, facilities, and retail in the coming months. Wages start at $15/hour, and all Harrah’s Cherokee Team Members have access to the tuition/certification reimbursement program and career growth opportunities within Harrah’s Cherokee Casinos.

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FanDuel Tips Off the NBA Season with Three Months of NBA League Pass Promotion

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FanDuel Tips Off the NBA Season with Three Months of NBA League Pass Promotion

 

FanDuel, North America’s premier online gaming company and an Official Sports Betting Partner of the National Basketball Association (NBA), is tipping off the NBA season by bringing back a promotion to provide fans with a three-month subscription to NBA League Pass. Fans who opt-in can also view an enhanced broadcast experience featuring live odds from FanDuel during NBA League Pass games.

Between October 15 and October 28, new customers who bet $5 on FanDuel Sportsbook will receive three months of NBA League Pass compliments of FanDuel, and if their first bet wins, they will receive $300 in Bonus Bets. Existing customers who bet $5 will also receive three months of NBA League Pass compliments of FanDuel.

“FanDuel is thrilled to offer fans a seamless NBA viewing experience through the return of our NBA League Pass offer. As we enter our third year of this promotion, we’re excited to continue to work with the NBA to create a more seamless betting experience during NBA games,” said Mike Raffensperger, President of Sports at FanDuel.

As part of this promotion, fans who opt-in will be able to see FanDuel odds when watching NBA League Pass, providing fans with the ability to track live updating odds without having to interrupt their viewing.

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Patrick Homm to Lead Scientific Games International Lottery Systems Technology

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Patrick Homm to Lead Scientific Games International Lottery Systems Technology

 

Scientific Games announced the appointment of Patrick Homm as Vice President, Systems Engineering for the company’s international lottery systems technology. Patrick Homm brings over a decade of experience in innovative gaming systems, software engineering, technology leadership, and large-scale systems architecture to his new role. As the industry’s fastest-growing lottery systems provider, Scientific Games continues investment in omnichannel technology ecosystems that deliver optimal consumer experiences across lottery retail and digital channels.

Since joining Scientific Games in 2022, Homm has managed multiple high-impact retail and iLottery projects as the company’s business scaled as a trusted technology partner to 80 lotteries worldwide on one or more systems solutions.

With his leadership experience in agile transformation, microservice architecture, and cloud policy development, he has driven innovation and operational excellence throughout his career. Prior to joining the Scientific Games technology team in Vienna, Homm held various roles at Admiral Group for eight years, including Head of Portal Engineering.

Homm’s hands-on approach, innovative mindset and ability to foster collaboration across teams align perfectly with Scientific Games’ mission to deliver secure, world-class retail, iLottery, and sports betting systems for the government-regulated lottery industry.

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Michael Conforti, President, International at Scientific Games, said: “Patrick’s appointment is a pivotal step in further strengthening our International Systems team. His deep expertise, visionary leadership and commitment to fostering innovation will help us achieve our strategic goals as we continue to revolutionize omnichannel lottery systems technology for the next generation of lottery retailers and players.”

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