nVenue, a Dallas-based micro-market and data content platform, announced Quinton Singleton as its president and chief operating officer Monday. Singleton previously served as nVenue’s lead strategic advisor, and touts 20 years of experience in the global gaming industry.
“We are delighted to welcome Quinton to the nVenue executive team as president and COO," nVenue co-founder and CEO Kelly Pracht said in the company’s announcing the appointment. "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.”
Background
Singleton will be responsible for furthering the company’s expansion in both the U.S. and global markets. nVenue is a portfolio company of Comcast SportsTech and NBA Launchpad and currently provides betting partners and media with in-game predictive content and micro-betting markets across NASCAR, NFL, NBA, and MLB games. It also powers all on-screen predictive analytics for Apple TV+’s Friday Night Baseball.
Prior to nVenue, Singleton played a pivotal role in building new companies and business divisions within the gaming industry that earned massive acquisitions including NYX Gaming Group (acquired by Scientific Games Corporation for $631 million), Bet.Works (acquired by Bally’s Corporation for $125 million) and OneComply (acquired by GeoComply Solutions Inc for an undisclosed sale).
Looking ahead
Singleton alluded to growth for nVenue in the near future.
“I look forward to sharing upcoming commercial news as we head into a massive season of growth for the company,” he said.
Singleton is excited to work with nVenue’s machine learning and AI engine which has delivered over five billion predictions across the sports it covers, saying that this technology positions the company “as leaders in shaping the future of sports data solutions.”
Growing category
Micro-betting is definitely on the rise within the legal sports betting industry.
Simplebet has been a leader in the clubhouse when it comes to that category, launching a number of significant products in the past year.
Simplebet also introduced new microbetting markets for the most recent NBA and NHL seasons. The company partnered with Caesars Sportsbook to roll out first-of-its-kind in-play markets in March that were available down the home stretch of the NHL regular season and are now in full swing for the NHL playoffs.
