Parent Company of WagerWire Secures High-Profile Investors

Industry Experts Back WagerWire’s Vision

Paris Smith, who served as Pinnacle’s CEO and shaped the sports betting industry for over three decades, highlighted WagerWire’s innovative approach.

“My time and experience on the operator side leads me to know what will and won’t work. I believe what WagerWire offers to both bettors and operators creates a unique opportunity to support players and their needs. Zach, Travis, Guy are the type of founders I look for: smart, passionate, willing to pivot and create value to the market. I am really excited to be on this journey with them,” said Smith.

The investment roster includes former Pinnacle Co-Founder George Molsbarger, investor Danny Moses, GoodPaper Ventures, and other notable names. They join an impressive existing lineup of backers, including Miami Marlins co-owner Roger Ehrenberg, Betr and Simplebet Founder Joey Levy, and Simplebet Co-Founder Scott Marshall.

Scott Marshall of Simplebet emphasized the platform’s transformative potential: “I see WagerWire creating new opportunities for sportsbooks, much like we saw with the rise of microbetting. Their secondary market concept offers significant value to operators by enhancing user engagement and volume in high margin bet types, while expanding the overall betting experience for the player.”

WagerWire’s Market Impact and Recognition

WagerWire has gained industry accolades, including the EGR Rising Star of the Year award. Its secondary marketplace concept offers sportsbooks tools to increase engagement while providing bettors with greater flexibility in managing their bets.

“Our goal is to modernize the sports betting experience,” said WagerWire CEO Zach Doctor. “With support from industry pioneers and disruptors, we’re accelerating our efforts to create a more open and dynamic market.”