Betting, Investing & Understanding Risk with Mark Blandford, Founder of Sporting Bet
In this episode, Progressive’s legendary technology analyst, George O’Connor, joins me in a conversation with Mark Blandford, the online betting pioneer and founder of Sporting Bet.
Always interested in horse racing and betting on horses, Mark moved from traditional bookmaking into the emerging world of the internet in the late 1990s, building Sporting Bet into a high-growth AIM company, later acquiring US-facing Paradise Poker.
Things changed suddenly in the US online gambling market in 2006, and Mark eventually left Sporting Bet to focus on his racehorses and his family office.
In 2002, Mark was named AIM Entrepreneur of the Year, and in 2015, his horse, Next Sensation, won Cheltenham.
Mark has also had several winners as a venture capital investor and has several strategic public company investments. His wide-ranging portfolio includes interests in NASDAQ-listed Gambling.com and the UK-listed small-caps Gaming Realms, B90 and Good Life Plus.
Among his private investments, Mark has stakes in platform, payment, ag-tech, and ed-tech businesses.
He discusses his interest in quantitative analysis, improving operating efficiencies and working with entrepreneurs who are prepared to listen and take advice.
This is a fascinating conversation with many lessons and reminders of how technology can change industries AND how a changing regulatory environment can create radical uncertainty and existential risk. Mark talks openly about his eventful journey from a traditional bricks-and-mortar bookmaker to a seasoned VC and investor.
I must remind you that none of what you are about to hear is investment advice, but it is solely for your information and entertainment. Please take professional advice before investing your money in these crazy markets.
Please enjoy our conversation with the maverick, Mark Blandford.
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