OpenBet

OpenBet

No1. Betting Software Platform, Online Gaming & Sportsbook Software.

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Financials

Estimates*

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Revenues, earnings & profits over time
GBP2015201620172018201920202021
Revenues0000000000000000000000000000
% growth2 %70 %(30 %)(39 %)9 %8 %(16 %)
EBITDA0000000000000000000000000000
% EBITDA margin42 %27 %31 %35 %(18 %)(42 %)(32 %)
Profit0000000000000000000000000000
% profit margin25 %24 %26 %22 %(45 %)(71 %)(73 %)
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article

More about OpenBet
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OpenBet is a premier technology provider in the sports betting industry, delivering cutting-edge platforms and compliance solutions to a diverse range of clients including sportsbooks, casinos, and lottery operators. Operating in the global sports betting market, OpenBet serves clients such as Danske Spil, Tabcorp, and Sazka, enhancing their user experience and operational efficiency. The company’s business model revolves around providing robust, scalable, and secure betting platforms powered by advanced technologies like Amazon Web Services (AWS). OpenBet generates revenue through licensing its technology, offering managed services, and providing compliance solutions such as geolocation, responsible gaming, anti-money laundering (AML), and fraud detection. The company is known for its ability to handle high-volume betting activities, as evidenced by its record-breaking performance during major events like the Grand National. OpenBet's strategic partnerships and acquisitions, such as its integration with Endeavor and IMG ARENA, further solidify its position as a leader in the sports betting ecosystem, enabling it to unlock significant value for its clients and deliver compelling offerings for sports fans.

Keywords: sports betting, technology provider, compliance solutions, AWS, geolocation, responsible gaming, AML, fraud detection, high-volume betting, strategic partnerships.

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Investments by OpenBet

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Neccton
ACQUISITION by OpenBet Jun 2023