iGaming NEXT TV

06 Jun 2021

Podcast by Karolina Pelc #5 – Richard Carter, Group CEO, Bragg Gaming Group

Karolina Pelc
Gaming Consultant, Founder and CEO
Richard Carter
Group CEO
Presented by:

???? Topic: The man with the Bragging rights

✌️Karolina’s iGaming NEXT Podcast main sponsor is Pragmatic Solutions – Leading iGaming platform technology. For more info, click here: https://bit.ly/3lSy1B5

This podcast is also sponsored by Kalamba Games and Sportsbet.io.

????Richard Carter is a Group Chief Executive Officer of Bragg Gaming Group, an innovative B2B online gaming solution provider and the company behind Oryx Gaming.

Prior to recent appointment, Richard has served as Bragg’s Non-Executive Chair, advising and providing support to the Bragg team on developing a global strategy focused on partnerships, the continued growth of their organic business, and consideration of all accretive M&A opportunities.

Richard, formerly the CEO of interactive sports betting solutions and services provider SBTech, held the role for 5 years until the company’s merger with digital sports entertainment and gaming company DraftKings through a three-way deal with Diamond Eagle Acquisition Corp in April 2020. The transaction was valued at US $3.3 billion and the combined entity has a current market cap of US $20 billion. Before his tenure at SBTech, Richard was Director of Research at Deutsche Bank.

In this podcast we cover:
???? 00:00 – Introduction
???? 01:16 – Introducing Richard Carter
???? 02:34 – What made Richard choose Bragg Gaming Group
???? 04:11 – Acquisition of Spin Games: Bragg’s entrance into the US
???? 07:36 – Opportunities in the US: The European perspective
???? 12:55 – Approaching US market on the state by state basis
???? 14:21 – German regulation: Foreseeable impacts
???? 20:00 – Lower RTPs: An adverse effect of the German regulation?
???? 23:03 – Africa: The next battleground for sportsbook operators?
???? 28:14 – What’s a SPAC? A no-sweat explanation
???? 31:28 – Debunking the argument on SPAC’s due diligence process
???? 33:16 – From investment banking to iGaming: Richard’s earlier involvements
???? 36:01 – How SBTech on boarded Richard as CEO
???? 39:30 – Events that initiated the DraftKings and SBTech merger discussion
???? 41:55 – Richard’s work-life balance and wellness suggestions
???? 46:28 – Closing off

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