Micro-betting firm nVenue appoints new president and COO
The Texas-based supplier has confirmed former NYX Gaming Group vice-president Quinton Singleton has joined the group’s senior leadership team
Micro-betting supplier nVenue has announced Quinton Singleton as its new president and COO after a spell advising the startup.
Singleton is expected to take charge of nVenue’s further expansion into both US and global markets, while also being responsible for strategic partnerships and investor relations.
The supplier added that Singleton will play a pivotal role in the future of sports and media data solutions through the industry’s use of nVenue’s machine learning and AI technology.
Singleton is the founder and former COO Bet.Works, spending two years and eight months at the company before it was acquired by Bally’s Corporation for $125m in June 2021.
Bet.Works had been planned as the foundation of Bally’s in-house online sports betting efforts but was eventually scrapped in favour of a combination of Kambi and White Hat Gaming tech.
The current FansUnite director also spent just shy of two years as vice-president of NYX Gaming Group, which was acquired by Scientific Games for $631m in September 2017 14 months after his arrival.
Kelly Pracht , nVenue co-founder and CEO, said: “We are delighted to welcome Quinton to the nVenue executive team as President and COO.
“His experience with the earliest versions of in-play betting to the development of micro-betting products highlights his invaluable contributions to the industry. We are excited to have him on board as we continue to innovate and grow this category for leagues, media, operators, and platforms.”
Singleton added: “The exponential growth of sports betting demands cutting-edge solutions.
“NVenue’s machine learning and AI technology position us as leaders in shaping the future of sports data solutions. I am eager to collaborate with the management team to further drive expansion and strategic partnerships with sports leagues and gaming industry operators and suppliers.”
The Texas-based firm, which was established in 2018, provides micro-betting markets for the likes of the MLB, NBA, NFL, and NASCAR.
In December, the NBA purchased an equity stake in nVenue via its private equity vehicle, with head of gaming Scott Kaufman-Ross joining nVenue’s board as an advisor.