Connect with us

Canada

SeventySix Capital Unveils Sports Advisory Venture

Published

on

 

SeventySix Capital, the sports venture capital company that invests in sports tech, esports and sports betting companies, announces its SeventySix Capital Sports Advisory venture (“Sports Advisory”). It advises top sports executives, leagues, organizations and athletes across the evolving landscape of sports management with a focus on esports, sports betting, media and social responsibility.

The Sports Advisory will be led by sports industry veteran, Dan Bravato, whose diverse background includes Van Wagner Sports, Dan Gilbert’s Family of Companies, Manchester City, and most recently, his own agency, Pitch 15 Sports Group. Bravato’s experience across the team, agency, brand, and startup sectors of the sports industry strongly positions him to lead the entire portfolio of practice areas.

“The mission of this organization aligns perfectly with the trajectory of the sports industry,” said Bravato. “SeventySix Capital’s experience across these sectors, coupled with our managing directors and alliance partners’ collective expertise, has us poised to help organizations and executives be on the forefront of this sports revolution.”

To date, the Sports Advisory has attracted industry experts to lead as Managing Directors for various practice areas. Leading the esports practice will be Bravato’s co-founder of Pitch 15 Sports Group, Chris Yortsos, whose esports agency has worked with esports franchises/teams, traditional sports leagues and brands. Evan Davis, former Vice President and General Counsel of Rivers Philadelphia Casino, will lead the sports betting practice. General Partner of SeventySix Capital and former NBC, Comcast and Altice executive, Michael Schreiber, will lead the media practice along with Managing Director Rick Alessandri, formerly of ESPN, Univision and currently part of Turnkey Sports.

In addition to the practice leaders, the Sports Advisory is partnering with renowned business executives to help advise its client roster.

This list includes:

Joanne Pasternack, Senior Advisor, Social Responsibility
-President and Chief Impact Officer of Oliver+Rose and Former Vice President of Community Relations for the Golden State Warriors and San Francisco 49ers

Eric D. Darr Ph.D., Senior Advisor, Esports
-President of Harrisburg University

Len Perna, Alliance Partner
-Turnkey Sports, Chairman and CEO

Lovell Walker, Alliance Partner
-Founder of Onward and formerly MGM Head of Esports

Aljit Joy, Operating Partner
-Founder of Cirquare and formerly the founder of Comcast Innovation Labs

Ari Roitman, Alliance Partner
-Pivot Sports Group and formerly of the Philadelphia Eagles and Major League Baseball

“As one of the leading venture capital investors in the sports industry, we have a window into what is happening next,” stated Wayne Kimmel, Managing Partner of SeventySix Capital and Chairman of Sports Advisory. “The Sports Advisory business has enabled us to activate our vast network of experts and work with sports leagues, teams, universities, athletes and media companies to become their trusted advisor and help them be one step ahead of their competition. Like on the venture capital side of the business, our Sports Advisory team led by Dan Bravato, is composed of passionate, smart, and nice people who want to change the world.”

 

About SeventySix Capital Sports Advisory

SeventySix Capital Sports Advisory is a sports consulting group of experts focused on bringing the emerging innovations and technology to sports executives, leagues, organizations and athletes. The Sports Advisory works side by side with these change makers across the evolving landscape of sports, including esports, sports betting, media and social responsibility.

About SeventySix Capital

SeventySix Capital is a sports tech venture capital company that invests in passionate, smart and nice entrepreneurs who are launching game-changing tech startups in the sports tech, esports and sports betting industries.

SeventySix Capital’s Athlete Venture Group allows players to invest, learn, and work directly with top sports tech startups and entrepreneurs. The firm aims to bridge the gap between athletes, entrepreneurs, and investors by creating opportunities for athletes to become tech investors and for entrepreneurs to access the financial and social capital that professional athletes have to offer.

Additionally, SeventySix Capital has a strategic partnership with Rubicon Talent, a sports marketing and talent agency based in New York City with a wide range of clients including NFL and NBA stars, Hall of Famers, MVPs, Heisman Trophy winners, Olympic icons, media personalities, and celebrity chefs. Click here to learn more about SeventySix Capital.

Powered by WPeMatico

Continue Reading
Advertisement

Canada

Rivalry Corp. Announces Significant Reduction in Operations and Evaluation of Strategic Alternatives

Published

on

rivalry-corp.-announces-significant-reduction-in-operations-and-evaluation-of-strategic-alternatives

 

Rivalry Corp. announced that its Board of Directors has approved a significant reduction in operating activity as the Company evaluates strategic alternatives in respect of its assets and operations.

The Company is engaged in discussions with third parties regarding potential transactions. However, in light of recent performance volatility, the Board has determined to materially reduce the scale of operations while assessing whether a strategic transaction or other alternative can be advanced.

Effective immediately, the Company is implementing substantial cost reductions, including a significant workforce reduction and reduced operating expenditures. The Company has paused player activity on its platform and is facilitating player withdrawals in the ordinary course.

The Company is assessing a range of potential alternatives, which may include asset-level transactions, corporate transactions, restructuring initiatives or other strategic outcomes.

Given the Company’s reduced operating scale and the ongoing evaluation process, there can be no assurance that any strategic alternative will be completed or that operations will continue in their current form.

The post Rivalry Corp. Announces Significant Reduction in Operations and Evaluation of Strategic Alternatives appeared first on Americas iGaming & Sports Betting News.

Continue Reading

Alex Malchenko

Evoplay Strengthens Canadian Presence with BetMGM Partnership

Published

on

evoplay-strengthens-canadian-presence-with-betmgm-partnership

 

Evoplay is celebrating another milestone in its regulated-market journey with a new launch in Ontario, teaming up with BetMGM to bring its games to one of Canada’s most dynamic and competitive jurisdictions.

The rollout introduces 18 Evoplay titles to BetMGM Casino in Ontario, carefully selected to deliver long-term engagement and appeal to a wide range of player preferences. The first wave includes proven performers such as:

• Hot Triple Sevens

• Hot Volcano

• Gold of Sirens Bonus Buy

• Inner Fire Bonus Buy.

These are games that have already demonstrated strong results across multiple regulated markets.

This launch marks another confident step in Evoplay’s Canadian expansion, reinforcing the company’s commitment to aligning its content with local market requirements, player expectations, and regulatory standards.

Alex Malchenko, Head of Sales at Evoplay, said: Ontario continues to set a high standard for regulated online casinos, making it a market where the right partnerships truly matter. Collaborating with BetMGM allows us to expand our reach with a portfolio that has already performed strongly across multiple areas and territories.

Oliver Bartlett, VP of Gaming at BetMGM, said: “Partnering with Evoplay adds a strong selection of proven, high-performing titles to our growing portfolio in Ontario.”

The post Evoplay Strengthens Canadian Presence with BetMGM Partnership appeared first on Americas iGaming & Sports Betting News.

Continue Reading

Bet Rite

Spintec Expands into Canada with Bet Rite

Published

on

spintec-expands-into-canada-with-bet-rite

Spintec is expanding its footprint in North America by partnering with Bet Rite in the Canadian gambling sector. As a prominent developer of electronic table games, Spintec invested significant effort into locating a partner who comprehends the distinctiveness of the Canadian casino industry. Bet Rite is taking on the position of Spintec’s distributor in Canada, leveraging its established reputation and substantial industry knowledge. This collaboration combines global innovation with local expertise in a partnership that is helping Spintec advance its expansion objectives in North America.

Bet Rite’s establishment is rooted in years of industry expertise. The firm focuses on providing top-notch gaming solutions designed specifically for Canadian operators. They aim to provide a sole vendor connection that grants access to numerous top-tier product lines, establishing them as a reliable partner nationwide.

For Spintec, collaborating with a company that prioritizes service, product excellence, and enduring relationships is vital, and Bet Rite is dedicated to prioritizing customer needs. With a solid sales network and a reputation for dependability, their market stance is highly strong.

Through this collaboration, Spintec is guaranteeing that their creative products receive backing from an attentive, community-focused service. The initial product line to be launched in the Canadian market will be Spintec’s premier Charisma line. Charisma’s design, flexibility, innovation, and wide range of product customizations will undoubtedly make it a top seller in Canada as well.

Billy Maclellan, Bet Rite President, says: “Our company has grown by offering best-in-class suppliers the local support that they need. Spintec fits the mold perfectly and together we are well placed to make this partnership a glowing success”

Goran Sovilj, Spintec’s Chief Commercial Officer, agrees: “Bet Rite’s deep understanding of the Canadian market makes this alliance very promising. We are always excited to introduce innovative and exciting products to new markets, especially when our distributors are as experienced and knowledgeable as Bet Rite.”

The post Spintec Expands into Canada with Bet Rite appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania