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Favourit expanded into the B2B Space
Saturday June 15,2013 : AUSSIE SOCIAL SPORTS PROVIDER LAUNCHES B2B OPERATION
Favourit as worked with some big names in online and mobile sports betting
Toby Simmons, the 26-year-old CEO of Aussie social sports betting company Favourit, has announced that his company has expanded into the business-to-business space, leveraging its experience from working with industry giants like Paddy Power and TABcorp.
Since launching as a privately funded start-up earlier this year, Favourit has seen outstanding growth in wagering through its platform, reporting growth rates around 225 percent a month. It hopes to further boost business by offering white label deals to other entrepreneurs.
Based in Melbourne, Favourit has a popular free iOS app out in the social sports market to complement existing mobile and web HTML apps.
Simmons aims to provide bettors and sports fans with a single platform for wagering real cash or virtual currency using Favourit’s integrator with several of the world’s top betting sites, including Sportsbet.com.au, Paddy Power, and Luxbet.
Favourit's key to success is that it doesn’t facilitate real currency transactions; instead, users use their existing accounts in betting operators to wager bets using Favourit’s platform. Favourit provide the vehicle for making betting more social for punters.
In addition to Simmons, the Favourit management team includes Martin Dalgleish, former Australian CEO of New Media for Publishing and Broadcasting Limited, who has administered the $3.6 million in funding raised for the start-up from angel investors and friends.
Simmonds believes his company has the potential to become the Facebook of the social sports betting scene, and his site reflects the requirements of a younger, 20 to 35 demographic, providing often expert information and interaction in equal measure, and encouraging a competitive but friendly culture among members.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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