- Casino
- By State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Georgia
- Florida
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Massachusetts
- Maryland
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
- By State
- Slots
- Poker
- Sports
- Esports
Sharp Alpha Advisors Ready to Bet on Sports Betting Startups

Sharp Alpha Advisors, a specialist in sports betting startups, venture capital, M&A and technology, announced today the final closing of its Sharp Alpha Fund I aimed to support early-stage sports betting technology suppliers.
US Sports Betting Ripe for Investment
The $10-million venture capital fund that has already invested into 11 sports betting startups, including Players’ Lounge, GridRival, PickUp and Prophet, is offering Seed and Series A financings of initial allocations of around $250,000, with future rounds eventually providing follow-on support for the early-stage businesses.
A co-investment vehicle held by Sharp Alpha Advisors is allowing limited partners to make additional capital investments alongside the fund. So far, the co-investment vehicle saw the firm make initial allocations of over $1 million.
The sports betting industry is expected to grow significantly in the following years, with investment bank Goldman Sachs projecting annual revenues from wagering on sports to hit $40 billion by 2033, and Sharp Alpha managing partner Lloyd Danzig believes now is the moment for early-stage investments.
Not only is the sports betting industry at an inflection point, but market leaders are choosing to buy rather than build at every turn. With M&A serving as the primary mechanism through which operators achieve differentiation and vertical integration, it is a great time to underwrite next-gen infrastructure.”
Lloyd Danzig, Managing Partner, Sharp Alpha Advisors
Cross-Industry Advisory Board
The advisory board of the fund features prominent figures from the sports, entertainment and financial industries, including former COO of Elliott Management and Global Head of Leveraged Finance at Merrill Lynch Keith Horn, former Chairman of Empire Resorts Emanuel Pearlman, former CCO at Harris Blitzer Sports and Entertainment and CRO of the New Jersey Devils Adam Davis.
Daniel Bernard, Venture Partner at Mindspring Capital and Chairman of Redwood International Sports, Roy Behren, a former enforcement attorney for the Securities and Exchange Commission (SEC) and now president and CIO of multibillion-dollar merger arbitrage asset manager, and the Vice Chairman of Caesars Entertainment, Don Kornstein, complete the fund’s advisory board.
Senior executives from investment banks, hedge funds and publicly traded betting companies feature as limited partners in the fund, which is also backed by some institutional investors like Great Elm Group and the Dutch Sport Tech Fund, several multibillion-dollar venture capital funds, family offices and private equity groups.
Sharp Alpha provides a host of advisory services and strategic resources, in addition to financial investments, directly linking companies to critical components of a startup’s success like sources of revenue, brand awareness and future funding.
With 5+ years of experience as an analyst, Julie—affectionately known as 'Jewels' in the office—has quickly become our go-to expert in the forex and cryptocurrency space. Her keen attention to detail and deep understanding of the industry make her an invaluable asset. Julie's expertise and enthusiasm have made her the top choice to co-pilot educational initiatives alongside Mike, bringing knowledge to the masses.
Previous Article
Business
October 12, 2021
Prophet Opens NJ Sports Betting Exchange Pre-Registration

Must Read
Business
September 11, 2025
Playtech Posts Solid H1 Results “Ahead of Expectations”
Business
September 12, 2025
Webis Holdings Forms Strategic Partnership with XST Capital Group
Business
September 12, 2025
Flutter Names Stefan Bomhard Non-Executive Director
More Articles
Casino
September 18, 2025
Poker Palace in North Las Vegas to Open Its Doors Again in 2026
Casino
September 18, 2025
Times Square Casino Plan Falls Through Due to Broadway Opposition
Casino
September 18, 2025
Tourist in Las Vegas Shot by a Security Guard Armed Without Authorization
Casino
September 18, 2025
Ex-Gregg Township Official Jailed for $533K Gambling Embezzlement
Sports
September 17, 2025
Missouri Is Bracing for Sports Gambling – And Addiction
Casino
September 17, 2025
Melco Plans Private Hospital at Macau’s Studio City
Casino
September 17, 2025
New Jersey Takes Steps Toward Tougher Responsible Gambling Rules
Casino
September 17, 2025
Las Vegas Starts Big Sales Push to Fight Tourism Slump
Lottery
September 17, 2025
$600K Monopoly Winner in NC Gets “Best Birthday Present Ever”
Casino
September 17, 2025
SGLA and SPGA Merge to Create “Clear and Consistent Voice”
Lottery
September 16, 2025
Lucky Ohio Player Wins $2M Royal Riches Prize