Enterprise Gambling Technology Platforms sector
Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Enterprise Gambling Technology Platforms
1.1 - About Enterprise Gambling Technology Platforms sector
Companies in the Enterprise Gambling Technology Platforms category build the core software powering regulated wagering across online and retail channels. They deliver sportsbook engines, casino content, player account management, payments, compliance, and analytics so operators can launch, scale, and optimize iGaming and sports betting businesses. Strategic buyers in gambling tech seek modular systems that accelerate market entry while meeting complex regulatory requirements across multiple jurisdictions.
Offerings typically include full-stack sportsbook platforms with odds feeds, risk and trading tools, and bet settlement; casino game aggregation with RNG engines and jackpots; player account management with wallets, identity verification, and responsible gaming controls; payment gateways with tokenization and chargeback mitigation; geolocation and KYC/AML orchestration; configurable CRM, bonusing, and loyalty; and real-time data warehousing, reporting, and regulatory compliance tooling across jurisdictions.
The primary customers are online sportsbook operators, iGaming casino brands, and land-based casinos expanding to omnichannel. These buyers use gambling tech to speed market launches, maintain regulatory compliance, lower fraud and payment costs, improve hold and trading margins, and grow player acquisition and retention through targeted promotions and loyalty. Solutions also enable scalable infrastructure, standardized reporting, and localized content that supports multi-state and international expansion.
2. Buyers in the Enterprise Gambling Technology Platforms sector
2.1 Top strategic acquirers of Enterprise Gambling Technology Platforms companies
Kalshi
- Description: Provider of a CFTC-regulated event-based financial exchange and prediction market that lets retail and institutional traders buy binary contracts priced 1¢–99¢ on future outcomes across economics, weather, politics and more, with $1 settlement when the chosen result occurs.
- Key Products:
- Kalshi Event Contract Exchange: Online marketplace where users buy yes/no contracts priced 1¢-99¢, matching opposite orders and paying $1 to the correct side, enabling speculation or hedging on countless topics
- Election Markets: Regulated contracts letting participants wager—up to $100 million—on congressional control, presidential winners and related political outcomes for risk management
- Economic Indicator Contracts: Binary products covering CPI, recession likelihood, debt-default chances and other macro indicators, allowing investors to hedge portfolio exposure to economic events
- Weather & Climate Contracts: Yes/no derivatives on temperature thresholds and climate change metrics that help businesses manage financial impact from adverse weather conditions.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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2.2 - Strategic buyer groups for Enterprise Gambling Technology Platforms sector
M&A buyer group 1: Real Money Gaming
DraftKings
- Type: N/A
- Employees: ●●●●●
- Description: Provider of digital sports entertainment and gaming solutions offering online sports betting, online casino gaming and daily fantasy sports; designs and develops sports betting and casino gaming software for online and retail sportsbooks and iGaming operators, and distributes its DraftKings Sportsbook and DraftKings Marketplace products via Apple App Store, Google Play Store and other channels.
- Key Products:
- Sports Betting and Casino Gaming Software: Software designed and developed for online and retail sportsbooks and iGaming operators, enabling end-to-end sports wagering and casino gaming functionality and operations management
- Online Sports Betting Product: Digital wagering offering marketed under DraftKings Sportsbook and distributed via Apple App Store and Google Play, allowing customers to place bets on sporting events through mobile and web platforms
- Online Casino Gaming Service: Internet-based casino gaming experience that delivers a portfolio of iGaming content to users through the company’s multi-platform distribution channels
- Daily Fantasy Sports Platform: Daily fantasy sports contests enabling users to participate in fantasy competitions across multiple sports for prizes and engagement.
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●● companies3. Investors and private equity firms in Enterprise Gambling Technology Platforms sector
3.1 - Buyout funds in the Enterprise Gambling Technology Platforms sector
2.2 - Strategic buyer groups for Enterprise Gambling Technology Platforms sector
4 - Top valuation comps for Enterprise Gambling Technology Platforms companies
4.2 - Public trading comparable groups for Enterprise Gambling Technology Platforms sector
Valuation benchmark group 1: Industry-Specific SaaS Companies
Constellation Software
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of software and services to public and private sector markets, specializing in acquiring, managing, and building industry-specific software businesses that offer mission-critical solutions to meet unique customer needs.
- Key Products:
- Vertical Market Software: Industry-specific software tailored to meet unique sector needs
- Mission-Critical Solutions: Software that addresses essential business operations
- Managed Services: Comprehensive management of software and IT infrastructure
- Software Licensing: Licensing solutions for various industries
- System Integration: Integration of disparate systems for seamless operations