All eyes are on the US market, Tom Waterhouse – Chief Investment Officer Waterhouse VC – Metaverse is another important growth area that offers great potential.
After talking only to SBC News and discussing his wealth of experience in the gambling and gaming industry, Waterhouse emphasized how Waterhouse VCs “dominate the niche” of companies, with continued growth in the US market. I explained why I was most excited about the appearance.Gambling in the Metaverse
SBC: Hi Tom, thank you for talking to us. First of all, you were Australia’s largest bookmaker before launching Australia’s fastest growing online sports betting business. Then you were the CEO of William Hill Australia. How did all these experiences prepare you to set up an investment fund?
TW: We have set up a fund to leverage my past experience, contacts, expertise, and existing team of technical and digital talents.
Many investors can understand this sector and analyze large B2C operators, but given their in-depth knowledge of suppliers to the industry, we believe we have an advantage.
This, coupled with the opening of the US market in 2018, was the main reason I started Waterhouse VC. Waterhouse VC is currently investing globally in listed and private companies in the gaming and betting sector.
SBC: What kind of business are you usually trying to invest in? And why do companies need to contact you today?
TW: We invest in three themes:
- Major operators in regulated markets (such as Flutter)
- Business-to-business (B2B) services for betting operators (such as BetMakers)
- Fusion with the gambling industry such as video games, tokenization, media (PlayUp, etc.)
From my experience as CEO of the industry and before starting a business in this sector, I realized that there could be hundreds of services in the product pipeline for B2C operators. We want to enter that product pipeline and invest in a good business enough to help them take the lead.
Companies need to contact us if they are driven to dominate the niche, especially if they are a B2B service provider. Companies can contact us at firstname.lastname@example.org.
SBC: Why did Waterhouse VC record such a powerful performance? Also, could you highlight some of the fund’s biggest success stories to date?
TW: of course. We are confident that we will benefit from the continued legalization of online sports betting in the United States and that many of our portfolios will play a key role in the US ecosystem.
Two investments in B2B are BetMakers (ASX: BET) and Aspire Global (SS: ASPIRE).
BetMakers compiles hundreds of data feeds from racing jurisdictions around the world and provides them to bookmakers through a single integration through the global racing network. They are essentially an intermediary between racing authorities and bookmakers. There is also a free global tote business and a betting service business. They are an integral part of betting on global horse racing.
Aspire Global offers B2B products and solutions for launching and operating online casinos and sportsbooks. The company has become a “one-stop shop” because they can handle every aspect of the operation of the game site. Aspire outsources “back office” operations such as payment, customer support, compliance, VIP management, CRM services, and data analytics, as well as products that address the customer-facing aspects of gaming sites, such as casinos, sports betting, and bingo platforms. Provide a solution. ..
The company has announced large customers of platform solutions in the US and Europe and expects to launch new products to existing partners.
SBC: What is the most important thing you are looking for in your future investment?
TW: Our typical investment is: B2B, a relatively small, solution to an important operator or customer problem that is not well understood by most people.
We are targeting companies that provide critical services in defensive operational moats. We are looking for a company that is well-positioned to benefit from high growth in certain areas of gaming and gambling.
SBC: What is the most exciting thing in the field of games and betting? Where are the biggest investment opportunities?
TW: Currently, the market is very focused on the United States, but perhaps the largest space of all is the Metaverse, so we gamble within digital ecosystems such as video games and virtual worlds. This could be the largest market of all, and most people haven’t awakened to this yet. We aim to be at the forefront of that change.
We are excited about the continued opening of the US market and the emergence of the Metaverse. We are confident that both of these areas will show significantly higher growth rates than the more mature gambling and gaming markets. Our focus is on finding major suppliers that can serve these markets and helping these businesses reach their full potential.
SBC: As you said, you have developed multiple companies and brands in this sector for many years. Please give us an overview of the various things you are currently working on.
TW: My personal focus is on Waterhouse VC, where I spend most of my time. Other companies of my brand currently on the market include the consumer mobile app WaterhouseTips.com and my technical consultancy Waterhouse Technology.
Tom Waterhouse: A portfolio of investment funds that play a key role in the US ecosystem
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