News and Announcements
123gaming CEO Interview
- Published April 20, 2015 10:43AM UTC
- Publisher Wholesale Investor
- Categories CEO Interviews
123gaming is an award winning real-money betting operator that has overcome significant barriers to entry, and generated around $2.4 million to date.
The group has proven the concept for an innovative business model built on solid foundations of unique proprietary technology, as well as technology based customer acquisition tools and partnerships to drive low Costs Per Customer Acquisition (CPA) versus Customer Lifetime Value (LTV).
Existing revenue streams and customer acquisition tools include:
- a fully-legal US licensed and based online betting website called 123bet.com
- a unique real money bet type available online and to betting venues and racetracks across the $11bn United States horse racing betting market – the 123racing Wager.
- customized and fully-managed online freeplay betting contests for major racetrack and media customers/partners
In September 2014 the company soft launched 123bet.com generating around $2.1 million in online betting turnover to date, adding to around $370,000 from 123racing wagers at racetracks and OTBs (Off-track betting venues).
The Company’s goal is to become a leading social skill gaming provider to a global pools betting industry segment worth $90bn pa, utilizing existing distribution partners and further industry relationships to roll-out to five countries by 2019.
Please listen to CEO Mr Rob Earle to find out more about 123 Gaming.
CEO Interviews
The Index Approach in Early-Stage Venture Capital: Reconsidered
The venture capital (VC) landscape is marked by its dynamism and complexity, especially in early-stage investing. The traditional approach in VC, characterised by a selective and intensive vetting process, often contrasts with the concept of ‘index investing.’ This article revisits the indexing approach in early-stage VC, incorporating insights from recent studies and data, including a […]
The Future Is Now: The Evolution of Dealflow with Wholesale Investor
If you’ve ever thought of investing or expanding your portfolio, there’s no better time than the present. In the fast-paced world of investment, things are changing at a breathtaking speed, and it’s crucial to stay ahead of the game. The Future of Deal Flow is Today Dealflow, the lifeblood of the investment world, is not […]
Investability of a Startup: A Comprehensive Guide for Angels and High-Net Worth Investors
Venturing into the Startup Scene Let’s dive into the intriguing world of startups. It’s a thrilling ride, isn’t it? Like finding a pearl in an ocean, spotting a promising startup amidst a sea of businesses is no easy task. This guide aims to light the way, focusing on the “The Investability of a Startup: 7 […]
Backed By Leading Investment Groups and Family Offices
