INDUSTRY SPOTLIGHT

Gambling

Enter the ever-evolving world of gambling—where luck meets technology.

Bet on innovation today

Powered by the adoption of advanced technologies and changing regulations, the gambling industry is skyrocketing. Blockchain, AI-driven risk assessment, and immersive gaming experiences fuel the gambling market, leading to a more secure, transparent, and accessible gaming environment. As a result, more and more opportunities for gambling startups emerge—mobile gaming, AR and VR reality, social gambling, esports, etc.

Waveup helps you grab these opportunities and turn them into profits. Our services include comprehensive fundraising support, creating actionable market entry strategies and impeccable gambling pitch decks, and pinpointing the most beneficial M&A opportunities.

Dive into our gambling market research and hit the jackpot of industry insights.

2x
The gambling market is expected to double in the next seven years

 

4B+
Over 4.2 billion people gamble yearly.

Accelerated by legalization, mobile technology, and growing global market
$8B+

Legalizing sports betting could potentially generate over $8 billion in local tax revenue.

58%

Since 2019, online mobile gambling has grown by 58%.

2800+

Today, over 2800 online casinos are available for users worldwide.

VENTURE LANDSCAPE

In 2022, gambling startups have attracted over $5.5B from investors

 
Some of the notable rounds last year:

  • Jackpot – online lottery, $42M Series A
  • Betr – direct-to-consumer micro-betting platform, $30M Series A
  • Oddin.gg – Esports odds feed provider, $3M Seed

Leading gambling investors

Write to us to know more

WAVEUP VIEW

The challenges of gambling startups

To succeed, you need to consider the following issues.

Attracting funds

The bad news is that the gambling industry doesn’t have a set of standards or clear benchmarks. It all makes the process of securing funds confusing. Gambling startups need not only to measure their performance but also communicate their project’s viability and profitability effectively. It requires presenting data in a clear and easy way to convince potential investors to pour money into the venture.

Customer loyalty and retention

First, you need a strong brand presence. Second, you need to foster customer loyalty. To do this, gambling startups should establish a recognizable brand identity, create a positive brand image, and deliver exceptional customer service. In this way, they will gain customer trust and ensure strong customer retention.

Driving growth

In the gambling industry, balancing between growth and responsible gambling is pivotal. To expand, startups should adhere to strict ethical standards. And despite the abundance of growth strategies, ventures often fall short when it comes to answering two crucial questions—’When is the right time to scale?’ and ‘How quickly should we expand?’

How we can help

Startups
Fundraising advisory

From diligent business analysis to storytelling and financial forecasts, we’re helping founders crystallize and structure key business fundamentals and translate them into a compelling investment opportunity wrapped in a winning gambling pitch deck.

Investors
Due diligence and portfolio support

Evaluating potential investments, conducting thorough due diligence, and supporting portfolio companies on their new fundraising rounds.

Established companies
Growth hacking

Discovering market opportunities and developing execution strategies to build actionable and scalable blueprints for growth.

WHO WE ARE

Unlocking your next stage of growth

Waveup is a leading global advisory empowering companies to fuel growth, attract investments, and secure strategic partnerships.

We turn data into business insights that drive results, helping companies excel in the competitive B2C and B2B spaces across 50+ verticals, discovering and catalizing opportunities for growth.

Our investment consulting services in gambling

Market intelligence

Fundraising support

Pitch decks

Financial models

Investor research

Growth consulting

Go-to-market strategies

Marketing/sales materials

Design support

Learn more

FAQs

How attractive is the industry to potential gambling investors?

The gambling industry is highly attractive for VCs. Gambling companies have high margins, and they generate recurring revenues. Plus, there is huge market growth potential.

If you are a gambling startup, how easy is it to raise funding today?

It can be quite challenging for a gambling startup to secure funds nowadays due to competition and regulatory risks.

How long does it take to create a pitch deck and financial model for a gambling startup?

Crafting a gambling pitch deck and a financial model usually takes from two to three weeks. Yet, the time frames may stretch up to a month in special cases. The exact amount of time needed is better to discuss individually.

What are the key mistakes gambling startups make in their pitch decks?

One of the biggest mistakes we’ve ever come across in gambling pitch decks is missing investment narration and a catchy introduction. It’s not enough just to equip your pitch deck with numerous tables, graphs, and data. It may sound boring for the VCs, and your task is to make them give their money to you. Also, some presentations don’t answer the main investors’ concern: Why do the founders choose this market and right now?

How competitive is the gambling market?

The gambling market is highly competitive. There are over 1.1K gambling startups nowadays. Plus, numerous established companies like Playtech, Entain, and Bet365 are not going to lose their leading positions.

What services do you provide for investors looking to invest or already investing in gambling?

We assist investment funds in carrying out comprehensive due diligence of prospective gambling projects to help decide whether the opportunity is worth investing in. We also provide end-to-end fundraising support to the partner fund’s portfolio companies.

Do you provide gambling M&A support?

Absolutely! We offer assistance in pinpointing gambling M&A opportunities, creating CIMs, and performing modeling for both buy-side and sell-side deals.

Do you make intros to gambling VCs?

Absolutely! We specialize in connecting startups with the relevant gambling VCs. After a careful evaluation of your project based on various factors such as round size, team setup, and product, we facilitate smooth collaboration with investors, guiding you throughout the deal process and thereafter.

Do you have available data or research to purchase on the gambling market?

Certainly! Our experts offer tailored market intelligence on the gambling market, consisting of industry reports, competitor analysis, and in-depth market research to position you ahead of the curve. We leverage reliable databases to ensure your immersion in the gambling landscape, shedding light on its diversity, scale, and competition.

Which growth stage of companies have you worked with in the past?

We ensure gambling growth and fundraising guidance to the new market entrants, steering them right from the early Pre-Seed phase through Series C and further.

Have a gambling project in mind? We are here to help

From end-to-end fundraising support to M&A advisory and growth hacking, Waveup will help catapult your gambling project to new heights. Leave your email, and let's talk!

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