igaming
(16)
Inspired Entertainment sells the sport between the sports
A match can end in minutes. A betting business needs something to offer all day. Inspired Entertainment turns that awkward gap into virtual races, casino games and a growing digital business.
High 5 Games knows the value of a familiar face
An owl in a top hat, a Renaissance painter, a green machine: High 5 Games turns familiar slot themes into a business that travels. The difficult part is deciding where each version is allowed to land.
The Tiny Agency That Chose the Hard Stories
Hot Paper Lantern built a broad agency by chasing narrow, difficult categories. Its wager is that the messier the business, the more valuable a clear story becomes.
Easygo built the casino. Then it built the crowd.
The Melbourne company behind Stake and KICK is joining gambling, livestreaming and game development under one roof. Its most useful lessons begin where the first version stopped working.
Bede Gaming and the £19 million price of flexibility
Bede set out to free gambling operators from software that was painfully hard to change. Its journey from an expensive rebuild to powering OLG and PointsBet Canada shows what that freedom takes.
mkodo builds the apps. The hard part is everything behind the tap.
A lottery ticket, a provincial border, an ageing back end: mkodo has built a business around the awkward details of mobile gambling. Its next act is selling more of that expertise as products.
BetConstruct sells the machinery behind the bet
The Armenian-born technology supplier lets operators assemble a gambling business from software, games and services. Its next wager is that customers will buy more of the operation, from AI-assisted marketing to prediction markets.
The House Always Needs Faster Code
Derivco Sports built the machinery behind Betway's betting slip. Its revealing breakthrough was not a flashy feature, but making live odds move before a customer could change their mind.
Caesars Is a Loyalty Machine Dressed Like a Casino Empire
The marble, neon and sportsbooks get the attention. The real engine is Caesars Rewards - a shared currency designed to turn a weekend guest into a customer everywhere Caesars operates.
Rush Street Interactive
The Chicago operator behind BetRivers turned a casino-floor pedigree into a $1.1 billion online betting business - and it did it while most of its rivals were still burning cash to buy customers.
AGS - American Gaming Systems
The Las Vegas machine-maker spent two decades climbing from tribal bingo halls to the main casino floor. Now private again and freshly rebranded around a lightning bolt, AGS is betting its next act on cabinets, table games, and the screen in your pocket.
DoubleDown Interactive
The Seattle-born social casino pioneer has spent 16 years selling the feeling of a casino without a cash-out. Its next wager is less visible but more consequential: own more of the checkout, broaden into Europe and make an old hit travel further.
PENN Entertainment, Inc.
How a family racetrack in Grantville, Pennsylvania grew into a 43-property casino operator - and why it just walked away from ESPN to bet on its own brand.
Optimove
The Israeli-born CRM marketing company spent a decade teaching brands to talk to customers one at a time. Now it wants to dissolve the marketing org chart entirely.
ZOOT
ZOOT is a New York-based sweepstakes gaming platform that brings video-game sensibilities to iGaming. Instead of slots and table games, it builds proprietary arcade titles - Crash, Plinko, Mines, Dice and sports-themed variants - playable free with Gold Coins or, via a sweepstakes model, with Sweeps Coins that can be redeemed for cash prizes. Founded by gaming veterans Sean Ryan (ex-Facebook games, OpenWager) and John Cahill (ex-Sega, Yahoo Games), ZOOT raised a $6M seed in June 2025 led by CoinFund with Griffin Gaming Partners, aiming to fold stablecoin payments into gaming and expand from the U.S. to markets across Southeast Asia, Latin America and Africa.
Incognia
Incognia is a location identity and fraud prevention company that uses device intelligence, location behavioral analytics, and AI to help platform businesses — from food delivery to financial services — detect fraud without compromising the user experience. By processing signals from GPS, Wi-Fi, and Bluetooth without capturing PII, Incognia identifies legitimate users from fraudsters across multiple devices with 99.999999% accuracy, a 0.0001% false-positive rate, and no friction for genuine users. Deployed on over 200 million smartphones and protecting nearly 1 billion devices, Incognia has become the go-to fraud layer for platforms like Grubhub, Delivery Hero, and Upwork.