
PlayEngine
The most data-driven and automated B2B betting software, helping bookmakers reduce operational waste and boost revenue.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
* | N/A | $800k | Seed |
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 106 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Established in 2020 by Arturo Panosian and Arsen Avdalyan, PlayEngine is a B2B sports betting software provider with its headquarters in Silicon Valley. The founders bring a wealth of experience from their previous ventures; Panosian, the CEO, previously founded two startups and has a background in software engineering, while Avdalyan, the CTO, specializes in AI, high-load systems, and distributed computing. This combined expertise in both entrepreneurship and deep technology forms the foundation of the company's strategic direction.
PlayEngine targets licensed B2C gaming operators, offering them a comprehensive suite of tools designed to enhance revenue and reduce operational expenditures. The company operates on a B2B model, providing its technology as a service to businesses within the competitive online gaming market. Its core offering is a sophisticated platform that equips clients with automated and data-driven solutions for managing their sports betting operations. The platform aims to be a one-stop shop, enabling operators to build, manage, and expand their businesses effectively.
The product suite is built around several key components. It includes a sportsbook engine that provides extensive event coverage, multiple odds formats, and a variety of betting markets. A key feature is the advanced risk management system, which leverages proprietary machine learning algorithms to automate odds adjustments and manage liabilities, thereby protecting operator margins. The platform also features a powerful bonus engine and a comprehensive CRM system, allowing operators to create targeted promotional campaigns and manage customer relationships. For the end-user, PlayEngine's technology supports a customizable front-end, ensuring a seamless and engaging betting experience.
Keywords: sports betting software, B2B gaming, risk management, sportsbook platform, iGaming solutions, data-driven betting, betting automation, gaming technology, operator solutions, white-label sportsbook