Justin Park: Inside Betty’s Strategy to Succeed in Casino Gaming

Justin Park: Inside Betty’s Strategy to Succeed in Casino Gaming

🎙 NEXT.io Podcast #231 with Justin Park, CEO & Co-Founder of Betty.

How do you build a successful casino gaming brand in a highly competitive market? Justin Park, CEO & Co-Founder of Betty, shares his insights on launching and scaling a challenger brand in the regulated iGaming space.

⏰ Timestamps:

00:00 - Introduction

00:46 - Sponsors

02:06 - Welcoming Justin Park

06:09 - Betty Initials: startup journey & early ventures

12:19 - Raising capital: relationships vs. pitch decks

16:38 - Betty's business model: online casino

18:09 - Understanding personas: slots vs. table players

22:23 - How Betty stands out: brand differentiation

24:55 - Ontario: a strategic launch market

26:43 - Net revenue growth & success

29:15 - Transparency & publishing results publicly

33:12 - The McDonald's of iGaming franchise approach

36:52 - Market expansion strategy

39:00 - What it takes to be a founder

41:07 - Scaling challenges & leadership growth

43:11 - Book recommendations: Rockefeller & Andy Warhol

45:35 - Where Betty will be in 3 years


🔔 SUBSCRIBE TO THE PODCAST

YouTube: https://www.youtube.com/@nextdotio/podcasts


CONNECT WITH NEXT.IO

✩ Website - https://next.io/


This episode of NEXT.io is brought to you by:

Pragmatic Solutions – Leading iGaming platform technology.https://pragmatic.solutions/

Pragmatic Play – Industry-leading content provider.https://www.pragmaticplay.com/en/

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Alexandre Tomic: Round 2 - Addiction, living forever, psychedelic therapies & purpose

Alexandre Tomic: Round 2 - Addiction, living forever, psychedelic therapies & purpose

🎙 NEXT.io Podcast #186 with Alexandre Tomic, Founder of Alea. Alexandre Tomic returns to talk about addiction, longevity, psychedelic therapies, and purpose. This episode delves into the intricacies of health, mind, and future advancements with expert insights. Alexandre provides practical advice on the therapeutic potential of psilocybin and other psychedelics for trauma, offering new perspectives on healing from gambling addictions. The conversation also extends to the future of AI, as well as the implications of game theory and the concept of Moloch. Finally, we explore the purpose of new technologies and how they shape our world. ⏰ Timestamps: 00:00 - Introduction 01:31 - Tracking Life Parameters 06:28 - How to Live a Longer, Healthier Life? Addressing Modern Diseases 13:32 - Alexander's Top Tips for Longevity 21:22 - The Impact of Alcohol on Sleep and Overall Life Quality 27:54 - The Detrimental Effects of Sugar on the Body 46:05 - Magic Mushrooms and Gambling Addictions 1:01:42 - Background and History of Psychedelics 1:10:11 - Using Psilocybin and Psychedelics as Therapy for Trauma 1:28:55 - Facing Addictions 1:46:14 - Recognizing and Dealing with Addiction 1:59:56 - Differences Between Psychedelics, DMT, and Opium 2:16:02 - Discussing AI and the Concept of Becoming Superhuman 2:28:48 - Game Theory and the Concept of Moloch 2:47:05 - The Purpose of New Technologies 💼 About Alexandre Tomic:  Alexandre Tomic is the founder and CEO of Alea.com, the multi-award-winning company behind several successful gaming B2C and B2B operations. Tomic is well-known within our industry, having over fifteen years of experience in varying aspects ranging from affiliate network owner, casino operator and game aggregator. His passion for the industry is matched by his drive for innovative products and ideas. Alexandre himself is a biohacking and VR enthusiast and is committed to promote social responsibility among operators and create awareness about the societal impact of the gambling industry. 🔗 CONNECT WITH NEXT.IO ✩ Website - https://next.io/  ✩ Instagram - @next.io ✩ Linkedin - https://www.linkedin.com/company/next... _____ This episode of the NEXT.io is brought to you by: Pragmatic Play – Industry-leading content provider. https://www.pragmaticplay.com/en/ Pragmatic Solutions – Leading iGaming platform technology. https://pragmatic.solutions/ Sponsored by:  BetContruct: https://www.betconstruct.com/#?spettacolares

29 Maj 20242h 51min

📺 Weekly News: M&A special - Super Group buys Apricot as Elys sells Newgioco

📺 Weekly News: M&A special - Super Group buys Apricot as Elys sells Newgioco

Tune into this week's episode of NEXT.io Weekly News for an exclusive M&A special, featuring key transactions reshaping the iGaming landscape. We delve into Super Group's strategic acquisition of Apricot for $140 million to enhance its tech stack, and Elys Game Technology's decision to sell its Newgioco division. Next, we turn to Elys Game Technology and their agreement to sell Newgioco. This segment will examine the reasons behind the sale, the parties involved, and the potential effects on Elys' strategic focus and financial health.  🗞 Read the full story here: - https://next.io/news/super-group-announces-140m-tech-stack-acquisition/ - https://next.io/news/elys-enters-agreement-sell-newgioco/ Hang out with Conor Mulheir and Nico Jansen on our Weekly News live stream, every Thursday at 3 PM CET across all our social media channels. We’ll dive into the freshest iGaming news and explore the most captivating stories of the week.  Be cool, be curious, be in the know! --------- Episode brought you by: Playson - ⁠https://playson.com/⁠ Sponsored by: Hub88. - ⁠https://hub88.io/⁠

9 Maj 202436min

📺 Weekly News: UK affordability special

📺 Weekly News: UK affordability special

Tune into this week's episode of NEXT.io Weekly News for an in-depth discussion on the recent changes in UK iGaming regulations, specifically focusing on the newly implemented affordability checks.  Next, we will cover "Customer Documents Not Required During Affordability Pilot," detailing the pilot phase of these new checks, during which customers will not need to submit additional documentation to prove their spending capabilities. Additionally, we discuss the growing "Calls for UK Gambling Ombudsman Increase," as stakeholders push for more robust consumer protection and oversight in the wake of these new rules.  🗞 Read the full story here: - https://next.io/news/uk-affordability-checks-set-at-150-per-month/ - https://next.io/news/customer-documents-not-required-during-affordability-pilot/ - https://next.io/news/calls-for-uk-gambling-ombudsman-increase/ Hang out with Conor Mulheir and Nico Jansen on our Weekly News live stream, every Thursday at 3 PM CET across all our social media channels. We’ll dive into the freshest iGaming news and explore the most captivating stories of the week.  Be cool, be curious, be in the know!

3 Maj 202443min

Simon Lidzén: Key Insights from Building iGaming Organisations Optimised for Growth

Simon Lidzén: Key Insights from Building iGaming Organisations Optimised for Growth

🎙 NEXT.io Podcast #185 with Simon Lidzén, CEO and CO-Founder at Fast Track. In this in-depth conversation, Simon takes us through the journey of starting Fast Track, highlighting the motivations and challenges that spurred its inception. He shares valuable lessons on navigating the complexities of business scaling, emphasizing the critical balance between empowering teams and maintaining strategic oversight. Simon also sheds light on the importance of having a clear vision and robust principles, which have guided him in driving a strong company culture and effective decision-making. ⏰ Timestamps: 00:00 - Introduction 00:43 - Sponsors 01:41 - Old Times with Simon 02:47 - Fast Track Origins  20:04 - Business Scaling Challenges 23:40 - Struggles with Delegation 31:02 - Simon's Advice on setting up Vision and Principles 38:45 - Infusing Founder Values in the Team 43:38 - Values in the Recruiting Process 46:41 - Accountability Within the Teams 49:26 - Fast Track in Three Years  💼 About Simon Lidzén:  Simon is a specialist in technology, product development, innovation and organisational scalability, with over 15 years of experience in iGaming.  Having held senior positions at Betfair and within the Betsson Group, he co-founded Fast Track in 2016 as a direct response to the challenges that operators face in running an efficient, scalable business. He is now on a mission to digitalise the iGaming industry. 🔔 LISTEN / SUBSCRIBE TO THE PODCAST Apple Podcasts: https://podcasts.apple.com/es/podcast... Spotify: https://open.spotify.com/show/409DefE... 🔗 CONNECT WITH NEXT.IO ✩ Website - https://next.io/  ✩ Instagram - @next.io ✩ Linkedin - https://www.linkedin.com/company/next...

30 Apr 202451min

Vested Interest #11: Recent betting scandals, Founder Burn Out, Funding Mistakes

Vested Interest #11: Recent betting scandals, Founder Burn Out, Funding Mistakes

🎙️ Welcome to episode #11 of Vested Interest, with hosts Pierre Lindh, Lloyd Danzig,Benjie Cherniak & Special guest: Joe Asher, President of Sports Betting at IGT.   In this episode, Lloyd and Benjie discuss the recent betting scandals and explore the repercussions these incidents could have on both public trust and the regulatory landscapes of the industry. The conversation then shifts to a topic close to many entrepreneurs' hearts: founder burnout. They discuss the common signs of burnout and the crucial steps that founders can take to safeguard their mental health amidst the high-stakes environment of iGaming.  Fundraising, a critical aspect of any startup's journey, is up next. The duo shares their experiences, highlighting both their favourite and least favourite moments from past fundraising rounds. To cap off the episode, Joe Asher joins the trio as a special guest. Joe brings his extensive experience to the table, discussing where he sees the industry heading in the next few years. His insights into emerging trends and potential market shifts are not to be missed, as they offer a glimpse into the future of iGaming.

25 Apr 20241h 2min

Dijana Radunović: AskGamblers DEEP DIVE

Dijana Radunović: AskGamblers DEEP DIVE

🎙 NEXT.io Podcast #183 with Dijana Radunović, General Manager, AskGamblers. In this episode, we celebrate AskGamblers' 18th anniversary joined by Dijana, who shares a detailed exploration, and insights into the foundational story of AskGamblers, the intricacies of its ranking system, and the integrity-driven approach that has guided its affiliate listings. Additionally, we delve into the evolution of affiliate marketing, the role of the community in sustaining success, and the future of SEO in affiliate strategies. A key highlight of our conversation is the examination of the Annual AskGamblers Casino Complaint Service Report for 2023, which provides an in-depth look at the trends and outcomes of user submissions over the past year. Read the full article here: https://www.askgamblers.com/gambling-news/ag-news/annual-askgamblers-casino-complaint-service-report-2023 ⏰ Timestamps: 00:00 - Welcome & Introduction 00:52 - Thanks to Our Sponsors 01:26 - Celebrating AskGamblers' 18th Anniversary with Dijana 02:40 - The Story Behind AskGamblers 07:36 - Explaining AskGamblers Ranking System 11:07 - Integrity in iGaming: AskGamblers' Approach to Affiliate Listings 14:45 - Addressing Major Complaints15:54 - AskGamblers Joins Catena Media 20:21 - Steering Through Controversy 27:27 - Different Reasons for Traffic Search 30:00 - Evolution of Affiliate Marketing Over the Years 35:05 - Thriving as a Content Provider in the AI Age 43:29 - The Future Outlook on SEO and Affiliate Marketing 49:00 - The Role of Community in AskGamblers' Success 53:03 - Dijana's Current Priorities and Projects at AskGamblers 55:44 - Where Will AskGamblers Be in Three Years? 💼 About Dijana Radunović Dijana, in her current role as General Manager of AskGamblers, serves as the central meeting point for all aspects of the AskGamblers brand. With a wealth of industry expertise, commercial background and a strong network, she is fully immersed in the iGaming sector. Dijana's primary motivation lies in collaborating with individuals and spearheading engaging projects. Her pivotal role in the AskGamblers Awards for the seventh consecutive year underscores her unwavering dedication to excellence within the iGaming industry. 🔔 LISTEN / SUBSCRIBE TO THE PODCAST Apple Podcasts: https://podcasts.apple.com/es/podcast/next-io-podcast/id1515442333?l=en-GB Spotify: https://open.spotify.com/show/409DefE06IKPhZzhDIDpH3?si=492c49f0c9334d0d 🔗 CONNECT WITH NEXT.IO ✩ Website - https://next.io/ ✩ Instagram - @next.io ✩ Linkedin - https://www.linkedin.com/company/nextdotio/?viewAsMember=true

23 Apr 202459min

📺 Weekly News: BlueBet confirms merger with Betr

📺 Weekly News: BlueBet confirms merger with Betr

This week on NEXT.io Weekly News, we're examining the highly anticipated merger between BlueBet and Betr, a move that's stirring the iGaming industry. The episode will provide an in-depth analysis of this significant union, offering insights and implications drawn from our latest articles. We start with "BlueBet Halts Trading Ahead of Expected Merger," an article that sets the stage for this big announcement. Then, we delve into "BlueBet and Betr Confirm Merger," a comprehensive piece that covers the merger's finalization. This article explores the synergy between BlueBet and Betr, the objectives and expectations from this merger, and what it means for both companies' future. 🗞 Read the full story here: BlueBet halts trading ahead of expected Betr merger https://next.io/news/bluebet-halts-trading-ahead-expected-merger/  BlueBet and Betr confirm merger and A$20m equity raise https://next.io/news/bluebet-and-betr-confirm-merger/  Hang out with Conor Mulheir and Nico Jansen on our Weekly News live stream, every Thursday at 3 PM CET across all our social media channels. We'll dive into the freshest iGaming news and explore the most captivating stories of the week.    Be cool, be curious, be in the know!

11 Apr 202430min

📺 Weekly News: 888 pins turnaround hopes on rebrand to evoke plc

📺 Weekly News: 888 pins turnaround hopes on rebrand to evoke plc

In this week’s episode of NEXT.io Weekly News, we delve into the strategic rebranding of 888, now Evoke plc, and the potential this transformation holds for revitalizing the company’s fortunes. The discussion will explore the reasons behind the rebranding, including the desire to refresh the company’s image and align more closely with its evolving business strategy and market goals. We’ll examine the expected impacts of this change on 888’s market position and stakeholder perceptions, as well as the broader implications for the iGaming industry. 🗞 Read the full story here: https://next.io/news/888-strategic-reset-rebrand-focus-core-markets/ Hang out with Conor Mulheir and Nico Jansen on our Weekly News live stream, every Thursday at 3 PM CET across all our social media channels. We’ll dive into the freshest iGaming news and explore the most captivating stories of the week.  Be cool, be curious, be in the know!

11 Apr 202428min

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