Connected with Pragmatic Solutions
How does the investment market view your iGaming business and what creates value? In this episode of Connected with Pragmatic Solutions, our CEO Ashley Lang speaks with Crispin Nieboer, Partner at Tekkorp Capital, about how iGaming operators and B2B providers can build, protect, and realise value. Crispin brings decades of experience in the industry, having served in C-Level roles from start-ups to Tier-1 operators. At Tekkorp, he advises companies and founders across the buy and sell side, with a focus on helping businesses structure for long-term value before any transaction process begins. This in-depth interview explores the journey from early-stage capital decisions to exit strategy, drawing on current examples from multiple jurisdictions across the industry. CHAPTERS * 00:00:00 Introduction to M&A in iGaming * 00:02:09 What is Tekkorp Capital: Advisory Services Explained * 00:03:56 The Best Time to Sell Your Business * 00:08:30 Primary Value Drivers in B2C and B2B Businesses * 00:12:52 Brazil Case Study: Unregulated to Regulated Market Transitions * 00:15:05 Flutter's M&A Success Story and Acquisition Strategy * 00:16:01 Early Stage Courtship: Building Buyer Relationships * 00:17:11 Crypto and Unregulated Markets: Value and Risk Assessment * 00:20:46 Innovation Gap: Why Crypto Brands Lead in User Experience * 00:25:28 Capital Raising Strategy: Equity, Debt, and Alternative Structures * 00:31:39 Combating Low Valuations and Controlling the Narrative * 00:32:58 M&A as a Growth Strategy: When to Buy vs Build * 00:35:35 Common M&A Pitfalls: Beyond Price and Overpaying * 00:38:40 Earn-Outs and Founder Retention Strategies * 00:40:49 Market Opportunities: Finland, New Zealand, and Emerging Territories * 00:43:06 Africa and Canada: Growth Markets with Different Challenges * 00:44:36 UK Market Impact: Tax Changes and Consolidation Pressures * 00:46:22 The Future: Recreational Gaming and Social-to-Real Money Bridge * 00:48:28 Emerging Products: Sweepstakes, Prediction Markets, and DFS 2.0 * 00:51:31 Deal Analysis: Flutter and FanDuel Masterclass vs Penn and Barstool Lessons * 00:55:42 Tekkorp's Approach: Operator Experience and Long-Term Partnerships Tekkorp Capital advises operators, founders, and investors across the global gambling sector on buy-side and sell-side transactions, strategic partnerships, and corporate development. The Connected with Pragmatic Solutions podcast brings you the latest insights in iGaming technology and innovation. Produced in collaboration with NEXT.io — The World's iGaming Community. #igaming #podcast #mergersandacquisitions #igamingstrategy #corporatedevelopment
23 episodios
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