Seth Keller

#sportsindex #sportsstockmarket weekly report: Atlanta Hawks owner & Ares Management Corporation co-founder claims sports $3T asset class; FanDuel parent Flutter Entertainment buys into Brazilian market, is overall model "not easily replicated"? FIFA World Cup 2026™ - Canada, Mexico and the United States kicks off Bank of America's "bigger global ambitions"; #WallStreet #Gronk honors 9/11 w/ visit to Cantor Fitzgerald; More sports impacting the stock market talk; #sportsbusiness #gamification #crypto #blockchaingaming #sportsbook #videogames much more...

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🏈 Get Ready for the National Football League (NFL) Draft with VSiN, The Sports Betting Network and STN Video! 🌟 Give your audience premium coverage of the 2024 NFL Draft live on Thursday, April 25th from 6 PM to 2 AM ET, delivered directly to your site at ZERO COST. Enjoy comprehensive live streams, including: 6:00 – 8:00 PM: Draft Preview Special discussing all betting implications and predictions. 8:00 – 11:00 PM: GM Shuffle LIVE provides an insider perspective, analyzing picks as they happen. 11:00 PM – 2:00 AM: VSiN Tonight, a Draft Recap with in-depth analysis from industry experts. 🚀 Don't miss out on this unparalleled coverage! For access, contact your publisher success manager, and we’ll handle the rest, from player codes to feed updates. #NFLDraft #LiveStream #SportsBetting #VSiN #STNVideo #DigitalContent

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The sports industry spans across a variety of subsets and markets, including sports management, sportstech, and the fast-growing sports betting industry. These organizations have long been a staple in North America. But a recent development amongst this landscape has been the influx of private equity interest and investment. The potential of adjacent markets these firms can access has still not been fully realized as investors scan the vast environment for opportunity. The ESPN article linked below in the comments section explores the potential change in regulations within the National Football League (NFL) to allow private equity investors to purchase ownership stakes of their franchises. It remains to be seen what the outcome will be in the case of the NFL, but the reality is that the profitable organizations within the sports industry will see continued interest from private equity investors. Thanks for reading, have a great weekend! #mergersandacquisitions #venturecapital #investmentbanking #privateequity #technology #technews #sportstech 

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College Basketball is Here! Feels like the perfect time to talk futures: one of sports betting's most underrated markets. Futures bets are much more similar to a true long term investment in a team much like buying a company stock. A conference winner future or season win total can be very fruitful and help avoid single game variance that comes with betting a team game by game. At dialed in, we love to buy a few shares in teams that return production, or have dark horse upside to make a run in March. Often times, a futures ticket can serve as leverage late in the season to hedge or even cash out for a sizeable return as the prices get moved throughout the season. Who is your favorite team to win their conference or make the final four? #cbb #opening-tip-off

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Hello 4th Quarter family! After finding some initial success through our weekly newsletter, we have expanded to LinkedIn in hopes to be the premier content house for sports-tech x investing x startups. Here's a run down of the market activity covered in our latest newsletter: VC 📺 Recast raised $5M to provide sports content creators the ability to scale revenue  🧠 Roga raised $1.2M (Pre-seed) for therapeutic wearable devices aiming to reduce stress and burnout 💪 Gymdesk raised $32M in (Growth) to streamline operations for martial arts gyms and fitness studios M&A + Investments ⛰️ Paramount and Skydance officially agree to $8.4B merger 🎰 Boyd Gaming & Flutter Entertainment Plc near possible joint takeover of PENN Entertainment, Inc 🥽 Infinite Reality raises $350M and acquires metaverse company Landvault for $450M  🏎️ Kindred Concepts’ F1 Arcade racing simulator venue agrees to raise $130M in growth financing 💰 Caesars Entertainment, Inc. acquires ZeroFlucs to enhance sportsbook offerings 📰 TGI Sport acquires virtual advertiser Supponor for €100 million Strategic Ventures 🏀 NBA finalized 11 year, $76B media rights deals with ESPN, NBC, Amazon  🥋 Professional Fighters League launches Africa-based league with Helios Investment Partners backing  👻 Warner Bros, Snapchat delve into 2-year partnership for sports content and coverage ahead of Olympics ⚽ UEFA expands partnership with Sportradar for a 3-year deal to leverage its sportsbook data 🏌️‍♀️ TMRW Sports partners with the International Golf Federation to drive golf participation growth Accelerators 🏫 Comcast SportsTech Accelerator adds University of Notre Dame as partner ahead of its 5th cohort  🎮 Anomaly Games, a Web3 gaming startup was admitted into Google for Startups Cloud Program

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At #G2E2024, industry insiders dove into the hottest topics shaping the future of gaming. From the push for Texas gaming expansion to the potential of California sports betting, the discussions offered key insights into what’s next for the industry. Catch up on all the essential discussions from G2E!

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📅 This Week in Sports Business is out! Top story: IC360 was named the Best in Sports Betting by the Sports Business Journal. The other nominees included FanDuel, DraftKings Inc., ESPNBET, and Genius Sports. Subscribe here 👉 https://bit.ly/3tRKgqL #SportsTechVC #Sportsbiz #AssetClassofSports #IC360 #sportsbetting

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Early-stage sports investing insights with ... Lance Dietz, Partner at KB Partners ($100M+ VC fund). KB Partners focuses on sports, collectibles, well-being, and gaming. Lance is a former D1 basketball player at Army West Point. 𝐘𝐨𝐮’𝐥𝐥 𝐞𝐧𝐣𝐨𝐲 𝐭𝐡𝐢𝐬 𝐞𝐩𝐢𝐬𝐨𝐝𝐞 𝐚𝐬 𝐰𝐞 𝐝𝐢𝐬𝐜𝐮s𝐬: 🎙 1️⃣ Top trends in sports 2️⃣ How to get investors' attention 3️⃣ Characteristics of successful companies Check out the full episode here: https://lnkd.in/eXMuKbE9 Short snippet from the podcast on what good companies do👇

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It's been two years since we began the journey to build Probly. Here are some of our biggest lessons learned, bettingwise and startupwise 👇 https://lnkd.in/eixx39pz

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Here’s the latest scoop on NFL same-game parlay betting 👇 🚀 Last year Flutter reported the number of SGP bets was up 75% in Q4 compared to the year prior. 📊 A UBS U.S. consumer survey revealed 90% of respondents had placed a ‘Same Game Parlay’ bet. 📈 Same-game parlay bets accounted for 24% of U.S. handle last year according to Deutsche Bank. This is all while in-play NFL wagering is up 30% from last season, according to Genius Sports data. Pre-match SGPs have been around for a while. 𝗕𝘂𝘁 𝘄𝗵𝗮𝘁 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 𝗶𝗻-𝗽𝗹𝗮𝘆 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆? The best part of SGP betting is that it’s seamless. And the only way to confidently set odds on thousands of multi-leg combinations - without frustrating bet delays - is reliable, automated modelling and the fastest live sports data. And quality of modelling becomes even more important when you add a range of different markets to the mix. 𝗢𝘂𝗿 𝗠𝘂𝗹𝘁𝗶𝗕𝗲𝘁 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗶𝘀 𝗹𝗲𝗮𝗱𝗶𝗻𝗴 𝘁𝗵𝗲 𝗴𝗿𝗼𝘄𝘁𝗵 𝗼𝗳 𝗶𝗻-𝗽𝗹𝗮𝘆 𝗦𝗚𝗣 𝗯𝗲𝘁𝘁𝗶𝗻𝗴. 𝗜𝘁’𝘀 𝘂𝗻𝗱𝗲𝗿𝗽𝗶𝗻𝗻𝗲𝗱 𝗯𝘆 𝗼𝘂𝗿 𝘁𝗿𝘂𝘀𝘁𝗲𝗱 𝗺𝗮𝗰𝗵𝗶𝗻𝗲-𝗱𝗿𝗶𝘃𝗲𝗻 𝗡𝗙𝗟 𝘁𝗿𝗮𝗱𝗶𝗻𝗴 𝗺𝗼𝗱𝗲𝗹 𝗮𝗻𝗱 𝗲𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗼𝗳𝗳𝗶𝗰𝗶𝗮𝗹 𝗡𝗙𝗟 𝗱𝗮𝘁𝗮. ✅ AI-driven NFL modeling drives sharp, accurate live SGP pricing across all markets. ✅ Odds instantly update in-running meaning users can instantly build parlays and see the price. ✅ Last season our NFL live data accuracy was over 99.5% thanks to our quality assurance protocols and official NFL partnership. ✅ Users can combine any set of live markets to build their perfect SGP. 

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🚨 New episode alert! On Episode 219 of the Business of Betting Podcast, Jason Trost is joined by Dustin Gouker, Founder of Closing Line Consulting, and Joe Brennan Jr., Executive Chairman from Prime Sports. Hear them discuss: 🔹 DraftKings' new winning surcharge announcement 🔹 The states affected by the surcharge 🔹 The stock market's reaction to the announcement 🔹 Comparison of U.S. and international tax rates 🔹 The potential impact on DraftKings' profitability 🔹 The price sensitivity of American bettors 🔹 Historical context of high tax rates in the industry 🔹 Implications for competitors like FanDuel and Smarkets 🔹 The adjusted EBITDA and financial metrics analysis 🔹 Potential impact on VIP customers and betting volume 🔹 Product comparison between sportsbooks and exchanges 🔹 Broader implications for the sports betting industry 🔹 Predictions on if DraftKings will implement the surcharge Full episode 👇 ⚪ Apple Podcasts: https://lnkd.in/gHvX5v4w 🟢 Spotify: https://lnkd.in/g82mYgES 🌐 Web: https://lnkd.in/gK9y_S-n ▶️ Youtube: https://lnkd.in/gzPbtvBd This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.

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Sports betting firms cut ad spending 21% in 2023 https://lnkd.in/gMSER-Ma (Washington).- Consumers are seeing a lot fewer of the betting commercials that blanketed sports TV in recent years. Ads for sports gambling in the U.S. tumbled 21% last year, the first decline since 2016, as operators sought to reduce ongoing losses in the business.

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📅 This Week in Sports Business is out! Top story: CNBC released its first-ever National Football League (NFL) team valuations; the Dallas Cowboys topped the list at $11B. 🏈 Subscribe here 👉 https://bit.ly/3tRKgqL #SportsTechVC #Sportsbiz #AssetClassofSports #NFL #CNBCSports

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In this article, brought to you by GG.BET, the firm expands on its annual strategic partnership with tournament operator BLAST Premier to create high-quality, engaging content for the community while simultaneously raising the profile of the esports industry as a whole. In the rapidly evolving world of esports, a strategic partnership between leading market players is about more than just driving profit, it’s about creating the necessary conditions for the industry to develop and grow. In 2024, the one-year global partnership between tournament operator BLAST Premier and betting brand GG.BET has done just that. #EGRGlobal

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This week in the world of SMB buying and operating: 1. From MLB to EtA: A pro baseball player’s boring business acquisition story from Codie A. Sanchez 2. Podcast Interview: 4 years, 4 acquisitions, 65% average YoY growth post-purchases from @PrivatEquityGuy 3. Stock purchase vs. asset purchase overview from Silverwave 4. How to calculate and use margins and markups from Brian Feroldi 5. Can you use a company’s equipment value to finance the business purchase? David Barnett https://lnkd.in/g4u8Xe3k

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