Odds On Compliance Receives Financing From Seventysix-Led Group

Odds On Compliance Receives Financing From Seventysix-Led Group

Odds On Compliance, the market-leading technology and consulting organization specializing in sports betting, iGaming, and gambling regulatory compliance in the United States and overseas, announced today that it has raised strategic capital from a group led by SeventySix Capital.

 

Odds on Compliance Secures Financial Backing

Tekkorp Capital also participated in the deal, providing a new injection of capital that will help Odds On Compliance accelerate the expansion of its data and technology-focused business unit.

“This is another significant milestone in Odds On Compliance’s evolution as a gaming compliance technology company. These are deliberate investments that infuse our ecosystem with the best of sports, technology, and data. We are honored to join with this varied group of investors as we continue to expand “Odds On Compliance’s Founder & CEO, Eric Frank, stated.

SeventySix Capital is a leading sports-focused venture capital firm focused on game-changing firms in sports betting, esports, and sports technology. Odds On Compliance is the latest addition to SeventySix Capital’s growing portfolio of creative entrepreneurs reshaping the sports industry.

“We are honored to be the lead investor in Odds On Compliance,” Wayne Kimmel, Managing Partner at SeventySix Capital, remarked. “The team, lead by Eric Frank, illustrates the types of entrepreneurs who shape the sports betting business that SeventySix Capital invests in. We have great faith in their abilities to establish a market-leading company due to their expertise, relationships, and knowledge of the gaming and compliance industries.”

Odds On Compliance’s strategic advisor will be Tekkorp Capital, which also participated in the round. “Tekkorp Capital invests in those few firms that actually innovate in the digital space, and Odds On Compliance is the epitome of such an enterprise in my opinion,” said Matt Davey, CEO of Tekkorp Capital. Tekkorp Capital invests in private and public startups that are disrupting the global digital gaming industry. 

Robin Chhabra of Tekkorp Capital, who will serve as a strategic advisor to Odds On Compliance, added: “Odds On Compliance has an exciting future ahead of them, and their application of technology, and specifically artificial intelligence, to the compliance and regulation industry, will be game-changing.”

About the Company

Odds On Compliance has grown in size and experience since its inception in March 2021, and now provides its clients over 100 years of combined industry knowledge. The Odds On Compliance team possesses the breadth of knowledge and expertise necessary to navigate the complex and ever-changing iGaming and sports betting landscapes. The team is led by CEO and Founder Eric Frank, a former global compliance chief for one of the world’s largest iGaming companies, and Vice President of Technical Compliance and Audit Eric Weiss, a thirty-year industry veteran and former Chief of Staff of the New Jersey Department of Gaming Enforcement.

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About Lou De Aguila

Lou Ramon Aguila is a contributor for Golden Casino News. He has a degree in BSBA Legal Management with great interest in high-profile legal cases involving sports personalities. An ultimate sports junkie, he covers just about everything in the sporting world with an emphasis on the NBA, NFL, and MLB. In his past time, Lou loves to read manga, watch anime and critique pro-wrestling matches.