On 4 November, Clarion Gaming, organisers of the world’s largest gambling event, ICE London, will host The NYC Sports Betting Investor Summit. This event will give the investment community a chance to hear from and meet Sports Betting executives and to debate key questions such as: who will the market share winners be; which will prove to be the most successful partnerships; and could there be continued M&A driven by the theme. The summit will host institutional investors, private equity firms, family offices, venture capitalists, analysts and private wealth managers looking to invest in the legalised US sports betting market. This event will focus on the key elements of the sports betting value chain and identify opportunities for investors, operators and suppliers.
“This is one of the more interesting investment opportunities in US right now” said Christopher Smith of The Firmament Group.
Smith continued, “With a latent demand for betting already in place, the rapid uptake of legislation in several states and proven products and technology to service the demand, it’s a sector that has come to the attention of the private equity community, and has new investors, who had in the past not been interested in gaming and leisure, looking for information and deal flow in the space.”
The Summit will see CFOs, CEOs, Investor Relations teams and owners of gaming companies and their suppliers meet with institutional investors, private equity groups, hedge funds, venture capitalists, family offices, investment advisors and asset managers as both sides of the deal look to maximise the opportunity the legalisation of sports betting brings.
“I have been getting more and more calls from investors that have never invested in this sector before, asking for investment opportunities in US sports betting. It has become so overwhelming, that it’s time for a summit where Wall Street could meet the key players in the betting market,” said Michael Caselli, [industry veteran and current non-executive Chairman at Clarion Events], who adds, “The American sports betting opportunity is by far the greatest opportunity in the sector since the advent of internet gaming 20 years ago.”