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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 📺 Weekly News: Endeavor plans to go private

📺 Weekly News: Endeavor plans to go private

In the latest episode of NEXT.io Weekly News, we spotlight a groundbreaking development in the iGaming industry: Endeavor's plan to go private in a massive $13 billion deal with Silver Lake. We delve into the specifics of the deal, analyzing why Endeavor, a major player in the industry, has chosen to make this move and how Silver Lake's involvement plays a crucial role. Additionally, we touch upon the broader trend of companies leaving public markets as highlighted in "Peel Hunt: London Stock Exchange Exodus." 🗞 Read the full story here: - Silver Lake to take OpenBet owner Endeavor private in $13bn deal Peel Hunt: London Stock Exchange exodus expected in coming years 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!

4 Apr 202438min

Vested Interest #10: NEXT NYC, Startups report, Measuring investment success & Simplebet deep dive like 1

Vested Interest #10: NEXT NYC, Startups report, Measuring investment success & Simplebet deep dive like 1

In this episode we digest a successful NEXT: NYC, we discuss the Betting Startups report published by Jesse Learmonth where he surveyed 68 start-ups in the online betting space. Benjie & Lloyd also talk about how they measure the success of their investments. Finally, the panels grill Chris Bevilacqua, CEO & Founder of Simplebet to understand the present and the future of the company better

1 Apr 20241h 1min

Matt Duea: Roobet DEEP DIVE

Matt Duea: Roobet DEEP DIVE

🎙 NEXT.io Podcast #181 with Matt Duea, Co-founder of Roobet.  In this episode, we delve into Roobet's journey with its founder Matt Duea. We explore its origins, assess the impact of NFTs, and analyze the success behind crash games and ambassador partnerships. Matt addresses challenges, responds to critics, and shares insights from Twitch's ban and the creation of Kick.com.   ⏰ Timestamps:   00:00 - Introduction  00:46 - Sponsors  01:38 – Matt's Background  02:39 - The Birth of Roobet 05:30 - Navigating the NFT and Crypto Market  08:38 - Roobet's Strengths and Weaknesses 11:04 - The Rise of Crash Games 14:42 - Brand Ambassadors Partnerships  18:59 - Selecting the Perfect Ambassadors 25:36 - Overcoming Obstacles 28:45 - Addressing the Critics 34:29 - Learning from Feedback 37:25 - Twitch's Ban Impact: Navigating Unregulated Gambling Sites  42:23 – Matt's Thoughts about Kick.com Platform 45:34 - Roobet’s Future and Industry Trends  49:26 - The Importance of Community in Roobet's Journey  💼 About Matt Duea   Before joining Roobet, Matt's career track as an entrepreneur has been focused on leading digital marketing strategy, technology & growth teams for nearly two decades. He fell down the blockchain rabbit hole in 2016 and hasn't looked back.  🔔Subscribe for more insightful episodes!    🔗 Connect with Us:  Website: www.next.io   _____  This episode of the NEXT.io Podcast is hosted by Pierre Lindh, Co-Founder/MD at NEXT.io, and is brought to you by:  Pragmatic Play – Industry-leading content provider.  Pragmatic Solutions – Leading iGaming platform technology.

1 Apr 202453min

Tyler Bronson & Krysta Muscat: Why you fail at hiring people?

Tyler Bronson & Krysta Muscat: Why you fail at hiring people?

🎙 Welcome to the Podcast NEXT.io series, featuring our host Heidi Lofthus, Project Director of HR Connect, and special guest Tyler Bronson, Talent Acquisition & Employer Branding Manager at Enteractive and Krysta Muscat, Senior Partner at Van Kaizen.  The core of the episode delves into the current state of hiring processes, emphasizing the significance of establishing strong relationships with hiring managers and the necessity of educating and training hiring leads. Discussions also cover the impact of candidate losses on organizations and conclude with Tyler’s strategic insights on recruitment and practical tips for optimizing interview processes.    ⏰ Timestamps:   00:00 - Introduction  00:22 - Sponsors  01:13 - Krysta's and Tyler’s Backgrounds  03:31 - What Hiring Processes Look Like Today  08:57 - Developing Relationships with Hiring Managers  13:26 - The Importance of Educating and Training Hiring Leads  16:48 - Impact on Candidate Losses  20:47 - Tyler’s Recruitment Strategy  22:14 - Consequences of Poor Recruitment Processes  23:13 - Tips for a Successful Interview Process    💼 About Tyler Bronson Krysta Muscat  From the Music Industry to Talent Acquisition, Tyler brings his straight-forward talking and controversial opinions about Human Resources to the next level. With over 8 years of experience in Talent Acquisition and Employer Branding. Hiring people globally and locally. Tyler gives most of his opinions straight to the point. Take with a pinch of salt or with a hand full. Whichever you prefer.      💼 About Krysta Muscat  Krysta is a seasoned and quality-obsessed recruiter with a true love for anything that involves providing positive impact, both candidates and clients alike, backed up by a Psychology bachelor’s degree. She has well over 13 years of experience under her belt both in the house and consultancy side, mainly in the wonderful fast-paced world of iGaming.     Krysta boasts a portfolio of close to 100% client retention and satisfaction and has led multiple teams over the years, generating a respectable annual revenue, predominantly as a Recruitment Director for an international Recruitment Consultancy Krysta feels part of her success is due to her strong unwavering ethics, bold integrity,  immediate resonance, and relationship building skills as well as thorough prospecting and motivational leadership qualities.    🔔 Subscribe for more insightful episodes!    🔗 Connect with Us:  Website: www.next.io   _____  This episode of the NEXT.io Podcast is brought to you by:  Pragmatic Play – Industry-leading content provider.  Pragmatic Solutions – Leading iGaming platform technology.

26 Mars 202429min

📺Weekly News: Evolution accuser could be unmasked in major US court case

📺Weekly News: Evolution accuser could be unmasked in major US court case

This week on NEXT.io Weekly News, we explore a critical legal case involving Evolution, a key player in the iGaming industry, where a court decision might reveal an accuser's identity, potentially setting a privacy and legal precedent. We'll examine the reasons behind this potential unmasking and its implications for both the accuser and the company, considering the wider legal and ethical impacts. Additionally, we will briefly review the acquisition of XL Media Assets by Gambling.com Group, highlighting strategic movements within the industry during these dynamic times. 🗞 Read the full story here: https://next.io/news/evolution-accuser-could-be-unmasked/ https://next.io/news/evolution-law-firm-misuse-attorney-client-privilege/ https://next.io/news/gambling-com-group-acquires-xlmedia-assets/ 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!

21 Mars 202437min

📺 Weekly News: Is Entain up for sale?

📺 Weekly News: Is Entain up for sale?

On this week's episode of NEXT.io Weekly News, we delve into a buzzing topic in the iGaming industry: the possibility of Entain putting up its non-integrated brands for sale, a detailed examination of Entain's current position in the market and the reasons behind contemplating such a decision. This development raises intriguing questions about the future direction of Entain and how it plans to streamline its operations for greater efficiency and market focus. We will explore the factors that might influence Entain's decision and what this could mean for competitors and investors in the space. 🗞 Read the full story here: - Report suggests Entain considering sale of non-integrated brands https://next.io/news/entain-consideri... 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!

14 Mars 202429min

James King: Flows DEEP DIVE

James King: Flows DEEP DIVE

🎙 NEXT.io Podcast #180 with James King, CEO of Flows Join our enlightening chat with James, exploring his journey from founding his company to its current success. We revisit our first podcast, delve into Flows' vision, mission and products, and dive into discussing market competition. James, shares also some thoughts on a crucial moment in the company's history, and how strategic partnerships and the careful selection of shareholders have been pivotal in the company's growth. ⏰ Timestamps: 00:00 - Welcome 01:13 - Reflecting on Our First Podcast Together 02:08 - James’ Journey Building Flows 05:32 - Exploring Flows: Vision & Products 09:06 - A Turning Point At Initial Funding 13:15 - The Light & Wonder Partnership Story 17:44 - Choosing Shareholders Wisely: Synergy & Strategy 25:50 - Key Advice for First-Time Capital Raising 32:35 - The Long-Term Vision of Flows 39:13 - Navigating Industry Competitors 40:26 - Self-Learning Flows Products 42:08 - Strategies for Scalable Growth 44:29 - Securing Sustained Funding 54:03 - Keeping Motivation and Drive High 59:37 - Overcoming Obstacles: Resilience in Business 01:02:20 - James’ 3-Year Vision for the Company 01:04:27 - What's Next for James? Future Endeavors Revealed 💼About James King: Experience Over 10 years experience in the iGaming space. Track record Served as the director of sales at leading industry tech and media powerhouse Gaming Innovation Group. Group Sales Director at Clarion responsible for delivering all revenue across the portfolio following the successful sales of iGaming Business (in which he served as part of the mgt team) to Clarion in late 2015. 🔔Subscribe for more insightful episodes! 🔗 Connect with Us: Website: www.next.io _____ This episode of the NEXT.io is brought to you by: Pragmatic Play – Industry-leading content provider. Pragmatic Solutions – Leading iGaming platform technology.

14 Mars 20241h 10min

📺 Weekly News: Entain reports 2023 loss as 888 confirms US exit

📺 Weekly News: Entain reports 2023 loss as 888 confirms US exit

In this episode of NEXT.io Weekly News, we focus on two significant developments in the iGaming industry: Entain's financial results for 2023 revealing a loss, and 888 Holdings confirming its strategic exit from the US market. First, we dissect Entain's fiscal year 2023 performance. We'll explore the challenges and external factors that influenced Entain's financial outcomes, discussing what this means for the company's future strategies and its position in the global iGaming landscape. Then, we turn our attention to 888 Holdings and their decision to exit the US B2C operations, as detailed in "888 Strategic Review: US B2C Operations." This segment will delve into the reasons behind 888's significant decision to withdraw from the US market, examining the strategic implications for the company and the potential impact on the US iGaming sector. 🗞 Read the full story here: FY 2023: Entain reports loss and warns of £40m 2024 regulatory impact https://next.io/news/fy-2023-entain/ 888 to explore US exit amid $50m split from Sports Illustrated https://next.io/news/888-strategic-review-us-b2c-operations/ 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!

7 Mars 202433min

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