Betr Acquires Huddle Tech License

Founded in 2022, Betr Holdings, Inc., created by Joey Levy and Jake Paul, is taking a major step in its development by acquiring a license for Huddle Tech’s advanced technology in the sports gambling industry. This move will allow Betr to build its own high-tech solutions on top of the Huddle platform, which in turn will strengthen the company’s position in the competitive market.

As a relatively new player in the sports gambling market, Betr is focused on creating a unique user experience that will set it apart from its competitors. The acquisition of a license for Huddle Tech will accelerate product development and reduce the company’s dependence on third-party suppliers, which will significantly increase its margins. Joey Levy, Betr co-founder and CEO, emphasized that this event will be a watershed moment for the company.

We have accelerated our product roadmap by years, integrated our solutions vertically, and will now be on par or ahead of our competitors in terms of sports betting content,” Levy said.

Betr has already begun implementing Huddle Tech technology in preparation for the launch of a new sports betting platform in time for the 2024 NFL season. The implementation of Huddle’s software is especially important for the Ohio and Virginia markets, where the company is testing its beta sportsbook platform. Betr has also received temporary sports betting licenses in Indiana and Maryland, as well as access to markets in other states.

Huddle Tech is a leader in developing innovative, data-driven solutions that are ushering in a new era in the iGaming industry. The company’s platform, powered by real-time data collection and proprietary algorithms, allows operators to attract customers through automated pricing for both pre-match and live betting. These technologies will significantly increase Betr’s potential to offer an attractive and dynamic product in the sports betting space.

Huddle CEO Francesco Borgosano also expressed his excitement about the collaboration with Betr. He emphasized that this partnership represents an ideal opportunity to showcase new technologies and that the companies share the same values ​​and vision for the development of sports betting and iGaming.

Betr’s vision is a perfect match for our commitment to innovation and quality in the iGaming sector, and we look forward to supporting their growth and success in the US market,” Borgosano noted.

The integration of the Huddle Tech platform into Betr’s operations promises to be a game-changer in the sports betting market, making the company a serious competitor. With a new sports betting platform set to launch in time for the NFL season, all eyes will be on Betr.