Los Angeles, CA, August 8, 2024 – Sparket, the innovative leader in social betting technology, is thrilled to announce remarkable growth in the third quarter of 2024, driven by strategic partnerships. The company’s latest collaborations with Casino Pauma, PENN Entertainment, and Soboba Casino and Resort mark significant milestones in Sparket's mission to revolutionize the social betting industry.
Remarkable Growth and Expansion
Sparket experienced remarkable quarter-over-quarter revenue growth of over 300% in Q2 and is poised to exceed this momentum in the latter half of the year. In Q3 2024, the company is anticipated to achieve unprecedented growth, with user engagement and revenue exceeding all forecasts as they launch with new clients.
New Partnerships
Sparket's recent partnerships with Soboba Casino Resort and Casino Pauma in California have been instrumental in fueling its growth. Amidst a wave of new partnerships, Sparket formalized its alliance with PENN Entertainment, a leading igaming and casino conglomerate. These strategic partnerships aim to enrich the social betting experience for millions of users by providing exclusive promotions, events, contests, and features.
PENN Entertainment
As a major player in the gaming industry, Sparket’s collaboration with PENN Entertainment represents a significant step forward for the start-up. This collaboration will introduce Sparket's social betting technology to a wider market through PENN’s exciting and well-loved iCasino: PENN Play Casino as ‘LIVE EVENTS.’
Casino Pauma
Nestled in the picturesque Pauma Valley, Casino Pauma offers a captivating blend of excitement and tranquility. Known for its warm, welcoming atmosphere and exceptional customer service, this hidden gem provides an unparalleled gaming experience. By joining forces with Sparket, Casino Pauma will offer unique and highly rewarding contests to further engage and excite patrons through Sparket’s proprietary social gaming technology.
Soboba Casino
Located in San Jacinto, California, Soboba Casino and Resort is a beacon of luxury and entertainment for guests seeking a rejuvenating stay or an exhilarating casino atmosphere. Partnering with Sparket will enable Soboba Casino and Resort to integrate gamified social betting options into its existing app, providing patrons with exciting new ways to engage, play, and win. [PRESS]
CEO Quote
Looking Ahead
As Sparket expands its reach and enhances its platform, the company remains dedicated to providing innovative social betting experiences. Partnerships with Soboba Casino, Casino Pauma, and PENN Entertainment mark just the beginning of Sparket's ambitious future plans as they approach the launch of various real-money gaming avenues.
About Sparket
Sparket has created The Social Betwork®, a bet-on-anything platform that democratizes live event wagering with community-based pools. They help B2B sportsbook and casino partners acquire users and increase revenue through new content offerings, from traditional sports to reality TV, award shows, and alternative events, via free-to-play white labels and real-money gaming integrations. [PRESS]
Contact
Aaron Basch
CEO of Sparket: The Social Betwork®
For more information, visit betsparket.com and join the Sparket revolution today! Your solution for expanded content via free-to-play and pay-to-play betting opportunities that appeal to a much broader audience and drive retention among your customers.