Gambling in the USA
ODDS ON COMPLIANCE RECEIVES STRATEGIC INVESTMENT FROM GROUP LED BY SEVENTYSIX CAPITAL
This Round of Funding Marks the Next Step in the Sports Betting Technology Company’s Evolution to Leverage Technology and Industry Expertise to Deliver the Compliance of Tomorrow
Odds On Compliance, the industry-leading technology and consultancy firm specializing in sports betting, iGaming, and gambling regulatory compliance in the U.S. and abroad, announced today that it has received strategic investments from a group led by SeventySix Capital. Tekkorp Capital also participated in the round, providing a new infusion of funding that will propel Odds On Compliance forward in the expansion of its business unit focused on data and technology.
“This is another big step in the evolution of Odds On Compliance as a gaming compliance-focused technology company. These are intentional investments that bring the best of sports, technology, and data into our ecosystem. We are proud to partner with this diverse investment group as we continue to grow,” said Eric Frank, Founder & CEO of Odds On Compliance.
SeventySix Capital is a leading sports-focused venture capital firm that invests in game-changing sports betting, esports, and sports technology companies. The investment in Odds On Compliance adds to SeventySix Capital’s growing portfolio of innovative companies that are transforming the sports industry.
“We are proud to lead this investment in Odds On Compliance,” said Wayne Kimmel, Managing Partner at SeventySix Capital. “The team, led by Eric Frank, exemplifies the types of entrepreneurs that SeventySix Capital invests in who are shaping the sports betting industry. Their experience, relationships, and knowledge of the gaming and compliance industry gives us complete confidence in their ability to build a market-leading company.”
Tekkorp Capital, which also invested in the round, will act as a strategic advisor to Odds On Compliance. “Tekkorp Capital funds those rare companies that truly innovate in the digital domain and Odds On Compliance, to my eye, is the absolute embodiment of such an enterprise,” commented Matt Davey, CEO of Tekkorp Capital. Tekkorp Capital funds private and public companies that innovate in the global digital gaming environment. Tekkorp Capital’s Robin Chhabra, who will act as a strategic advisor to Odds On Compliance, added, “Odds On Compliance has an exciting future ahead, and their application of tech, and AI in particular, to the compliance and regulation industry, is going to be game changing.”
Since its launch in March 2021, Odds On Compliance has expanded its staff and now offers its clients over 100 years of combined industry experience. The Odds On Compliance team has the depth of knowledge and expertise required to navigate the complex and ever-evolving iGaming and sports betting landscape, led by CEO and Founder Eric Frank, former global compliance chief for one of the world’s largest i-gaming companies, and Vice President of Technical Compliance and Audit Eric Weiss, the thirty-year veteran and previous Chief of Staff of the New Jersey Department of Gaming Enforcement.
Revo Casino and Social House in Conway, New Hampshire, has held its grand opening on Tuesday.
The Conway property is the latest addition to Revo’s growing presence in New Hampshire, joining locations in Dover, Lebanon, Manchester, and Keene.
Revo Casino and Social House’s new amenities include:
• Rebels: A bold dining experience with a full bar and great game-day energy. Revo’s signature restaurant serves up flavorful dishes like the Rebel Smash Burger, flatbread pizzas, and prime rib, making it the perfect spot to eat, drink and enjoy the action.
• Rebel Stage: Featuring live music every weekend.
• Revo Studio powered by iHeartMedia: An in-house broadcast center featuring live iHeart broadcasts. The studio also drives the Soundtrack of the Revolution, a curated music selection that sets the energy and vibe of the property.
Gaming Highlights: 75 thrilling casino machines, including Ultimate Fire Link Explosion, Huff N Even More Puff, and Devil’s Lock. Table games, including blackjack, roulette, and poker tables.
Speakers and guests at the event included Revo President Aaron Gomes, Executive Director of Mount Washington Valley Promotions Lisa DuFault, and the Mount Washington Valley Chamber of Commerce.
“It’s exciting to open Revo Casino and Social House and see the community’s enthusiasm for our gaming, entertainment and dining options. Beyond entertainment, Revo Casino and Social House will also support nonprofits across the Mount Washington Valley. We’re proud to be part of this community and contribute to its success,” said Gomes.
“This facility will make such an incredible difference for so many nonprofits in the Mount Washington Valley. The support that Revo Casino and Social House provides allows organizations like ours to better serve our communities and care for those in need. The impact is truly life changing,” said Lisa DuFault, Executive Director of Mount Washington Valley Promotions.
Spinomenal, the leading iGaming content provider, has made its US debut after launching an exciting collaboration with a leading operator in the state of New Jersey, and is anticipating many more valuable collaborations with top tier online casinos.
Following impressive growth rates, Spinomenal is making a major move into the New Jersey iGaming market, marking a key step in its global expansion. By entering this crucial U.S. region, Spinomenal will bring its innovative games to a new audience, strengthening its presence and leadership in the iGaming industry.
Spinomenal’s specially selected titles will be going live via Pariplay’s Fusion aggregation platform in the New Jersey market. Some of the outstanding titles being made available for NJ players are Demi Gods II, Majestic Wild Buffalo and Kitsune’s Scrolls.
This marks a major milestone in Spinomenal’s strategic expansion plan, as this debut establishes the company’s initial presence within the New Jersey market, with further growth anticipated across the US iGaming ecosystem. This move underscores Spinomenal’s commitment to expanding its global footprint and further solidifying its position as a leader in the online casino industry.
Lior Shvartz, CEO for Spinomenal commented: “After a decade of establishing and positioning Spinomenal as a leading provider in the iGaming industry, we have now taken a big leap and will provide our exciting content to the esteemed New Jersey audience. We are highly optimistic about entering this prominent market, following the process of obtaining approval from the DGE.”
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