Waterhouse VC Pursues Strategic Expansion in iGaming Sphere

In an era where strategic investments pave the way for burgeoning growth and expansion, Waterhouse VC diligently positions itself as a forward-thinking entity within the global betting and iGaming sector. Helmed by Chief Investment Officer, Tom Waterhouse, the investment fund perpetuates its endeavour to explore, identify, and capitalize on fresh opportunities that promise substantial returns and fortify its standing in the highly competitive iGaming industry.

Marking a trajectory punctuated by astute investments and pronounced returns, the firm has recently leveraged a beneficial option in Saintly, a company renowned for its innovative crypto betting technology. Back in February 2023, Waterhouse VC astutely secured a three-year option to acquire a 20% stake in the aforementioned platform, an option that was subsequently converted in August at a staggering 2,180% above the option conversion price. This translates to a notable 23-fold return on the position within a mere six-month period.

In light of its inception in August 2019, Waterhouse VC proudly reports a gross total return of 2,422% as of 30 September 2023, calculated under the presumption of the reinvestment of all distributions. Upholding stringent standards, the dedicated team at the fund consistently probes the iGaming sector, hunting for disruptive and niche-leading businesses on a global scale, adhering to its commitment to optimizing its investment portfolio.

Recently, Brazil has emerged as a focal point of interest for Waterhouse VC, demonstrating potential as a lucrative market within the iGaming landscape. The fund has engaged in a venture with Betscanner, a platform comparable to an Oddschecker tailored for crypto betting, designed to analyze and compare odds for sporting events provided by crypto operators. This initiative is uniquely positioned to capitalize on the concurrent growth of the crypto betting subsector and the Brazilian iGaming market.

In addition, Waterhouse VC has directed its investment focus toward a nascent professional betting syndicate, orchestrated by Tom Dry, known for his prior affiliation with Tony Bloom, a distinguished football betting professional and owner of English Premier League entity, Brighton FC. Dry, having formulated his unique tennis betting strategy, caught the attention of Waterhouse VC, especially considering the syndicate’s compelling operational metrics. The fund recognized Dry’s potential to not only upscale the team but also to enhance liquidity in tennis betting and diversify into other sporting domains.

Navigating forward, Waterhouse VC remains committed to perpetually analyzing the betting and iGaming sector for viable opportunities, viewing its participation in the G2E as merely the subsequent phase in its ongoing strategic expansion process.

Conclusively, Waterhouse VC epitomizes a paradigm of strategic investment within the iGaming industry, signifying how meticulous planning, opportune investment, and a pervasive vision for growth can perpetuate a firm’s success and longevity within the dynamic iGaming sector.

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“I feel like we have a very good understanding of the products going into the online betting world and what will work,” said Tom Waterhouse, whose family has been involved in the betting industry for more than 100 years.