• Loading stock data...
Sunday, February 25, 2024
Rates for the 2024 Best Venue Awards increase this Sunday at 11:59 p.m. ET

Big Names Back Boom in $15M Series A

Olivia Falcigno via Imagn/Design: Alex Brooks

Boom Entertainment raised $15 million in an initial funding round that included New England Patriots owner Robert Kraft, Golden Nugget Online Gaming, Rush Street Interactive, and former MGM Resorts International chairman Jim Murren.

Formerly known as Boom Sports, the company builds and operates games for an audience of 3 million users. NBC Sports Predictor is its most successful game, but it also works with leagues, sportsbooks, and retailers. 

A focus on sports wagering is at the forefront of Boom’s business model, with the new funding helping it “create and change the way sports fans bet.”

  • The company hired DraftKings’ former director of sportsbook operations Chris Fargis in July.
  • Last year, it partnered with Penn National Gaming to launch a consumer-facing sportsbook.

The Series A round was led by Sands Capital. Previous investors include ESPN analyst Adam Schefter, Palo Alto Venture Partners managing partner Peter Ziebelman, and BTIG executive Richard Jacklin.

Boom plans to debut casino games in the near future with help from Golden Nugget and RSI. CEO Stephen Murphy says the company wants to be offering 150 games within the next two to three years.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Sham Gods: The Rapidly Growing World of Sports Impersonators on X

Fake Schefters and Wojs, fabricated trade demands, and borrowed profile pictures.

U.S. Sports Betting Sets Records in 2023 for Handle, Revenue

American Gaming Association reports record wagering totals for last year.
DraftKings

DraftKings Trends Toward the Black, Buys Lottery App

The sports gambling giant continues to narrow its losses.
Sponsored

Live Sports Are Now High-Tech Experiences

Oracle is leading the technology revolution happening in stadiums across the world.
podcast thumbnail mobile
Front Office Sports Today

How the Negro Leagues Are Staying in the Game

0:00
0:00

Featured Today

Sep 24, 2023; Oakland, California, USA; A general view of the Oakland Athletics dugout after the game against the Detroit Tigers at Oakland-Alameda County Coliseum.

Murky Future: Everything You Need to Know About the A’s Move to Las Vegas

Breaking down one of the most drawn-out, multifaceted sagas in sports.
February 18, 2024

Sabrina-Steph Wasn’t the ‘Battle of the Sexes’—But It Was Part of the Bigger War

The competition could play a factor in increasing the WNBA’s media value.
NASCAR Cup Series driver Bubba Wallace (23), in a Star Wars rebel alliance X-wing fighter pilot-inspired race suit, motions to the crowd to get louder during the driver introductions for the Cup Series Championship race at Phoenix Raceway in Avondale on Nov. 5, 2023.
February 17, 2024

Celebrity Owners, International Ambitions, and $7B Media Deals: Welcome to the New NASCAR

NASCAR boldly keeps pace with the increasingly competitive sports and entertainment world.
February 16, 2024

Wilson Introduced an Airless Basketball for $2,500. We Had Questions

The black, 3D-printed ball appeared in last year’s Slam Dunk Contest.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Finance Manager
FanDuel
New York, NY
Senior Technical Artist - Sports Technology
EA Sports
Orlando, FL
Assistant Manager, Affiliate Operations
Adidas
Portland, OR

Penn State: ESPN Bet Partner Enters New York, Once Seen As ‘Margin Killer’

Penn Entertainment pays $25 million for a sports betting license in the Empire State.
January 30, 2024

I Bet You Think About Me: Taylor Swift a Focal Point in Super Bowl Prop Bets

The pop star is becoming a part of the game’s prop bet market.
Feb 11, 2024; Paradise, Nevada, USA; A general view as the Kansas City Chiefs celebrate after defeating the San Francisco 49ers in overtime in Super Bowl LVIII Allegiant Stadium.
February 13, 2024

Nevada Sets State Record for Super Bowl Bets

State’s gaming control board reported $185.6 million was bet on Chiefs-49ers.
Sponsored

Live Sports Are Now High-Tech Experiences

Oracle is leading the technology revolution happening in stadiums across the world.
January 29, 2024

Betting on U.S. Market, FanDuel Makes Much-Anticipated NYSE Debut

Corporate parent of sports betting leader hits the U.S. stock market.
January 24, 2024

The NFL Has Laid Out Its Policy On Players Gambling at the Vegas Super Bowl

What are players—both in the game, and just visiting—allowed to do?
FanDuel
December 8, 2023

FanDuel Parent Sets NYSE Listing Days Before Super Bowl

Flutter Entertainment looks to expand U.S. presence with stock listing.
November 21, 2023

U.S. Sports Betting On Pace To Hit $100B In Wagers

Sports wagering activity accelerating to unprecedented levels.