Trading up: how "hybrid-exchange" BetConnect is disrupting sports betting
BetConnect co-founder and CEO Dan Schreiber explains how his “hybrid exchange” is challenging the established betting platforms in the space with an emphasis on tech and attracting recreational punters
EGR IntelEGR Intel: Where did the idea for BetConnect come from and why did you want to launch this product?Dan Schreiber (DS):EGR Intel: What did you learn from your previous industry experience when it comes to creating a betting exchange?DS:EGR Intel: How has the progression in usage and popularity grown over time as the product changed?DS:EGR Intel: Moving onto the role of betting exchanges in the industry, with the product gaining traction in the US too, where do you see BetConnect’s and other exchanges’ role in the ecosystem?DS:EGR Intel: From the tech side of things, is everything run in-house? And how did you go about creating the platform?DS:EGR Intel: Are there further platform and product innovations in the pipeline?DS:EGR Intel: As a young company, are there fears over the stability of liquidity given the dramatic collapse of Football Index last year?DS:EGR Intel: There are some huge names backing your company, including Tim Heath, Tom Waterhouse and Tekkorp’s Robin Chhabra. How big of a vote of confidence is this in BetConnect?DS:EGR Intel: What is the investment going to be used for?DS:EGR Intel: In terms of M&A, if a big hitter came in for BetConnect, would there be a temptation to sell?DS:EGR Intel: What are your targets for the coming 12-24 months?DS: