ReadWriteWeb

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ReadWriteWeb - overview

Established

2003

Location

San Francisco, CA, US

Primary Industry

Internet

About

ReadWriteWeb is a prominent digital resource focused on the iGaming sector, delivering insights and guidance on online gambling and sports betting to a diverse audience. Founded in 2003 and headquartered in San Francisco, US, ReadWriteWeb specializes in providing expert content in the online gaming industry. The company underwent a significant transition when it was acquired by SAY Media, a portfolio company of prominent investors, for USD 5 million on December 14, 2011. Brad Anderson, known for his previous venture Wearable World, founded the company.


The current CEO is Philippe Cases. ReadWrite specializes in providing a comprehensive range of resources and guidance within the iGaming sector, focusing on online gambling and sports betting. The company offers expert insights, strategic guides, and honest reviews encompassing various gaming options, including casino games, progressive slots, poker, and sports betting. Their content assists both novice and experienced gamblers in making informed decisions, maximizing bonuses, and enhancing their chances of success, particularly targeting audiences in the United States, Canada, Australia, and various Asian countries.


Additionally, ReadWrite provides valuable information on gambling laws, bankroll management, and responsible gaming, establishing itself as a trusted resource in the online gaming landscape. ReadWrite generates revenue through multiple channels tied to its core offerings, primarily engaging its audience through content-driven strategies. The business model includes partnerships with online casinos and sportsbooks, utilizing affiliate marketing to earn commissions for directing traffic or customers to these platforms. The company also capitalizes on advertising revenue from industry-related brands seeking exposure within their content.


Their in-depth analyses and recommendations in sports betting and casino game reviews aim to enhance user experience. While specific pricing plans for subscription services or partnerships are not detailed, the revenue structure is based on performance-based payments and advertising fees, aligning with the interests of their client base and end users in the iGaming sector. Looking ahead, ReadWriteWeb plans to innovate and expand its offerings within the iGaming sector. Recent funding from the ADD-ON round will be utilized to enhance existing product lines and explore the launch of new resources aimed at engaging a broader audience.


The company is focusing on expanding into additional international markets with plans to target further growth in Canada and Australia by the end of 2023. The funding will support these initiatives, allowing ReadWriteWeb to increase its content offerings and enhance user engagement in the evolving online gambling landscape.


Current Investors

WPP Plc, Say Media, Inc.

Primary Industry

Internet

Sub Industries

Internet

Website

www.readwriteweb.com

Verticals

Research (Non-Medical)

Company Stage

Add-on

Total Amount Raised

Subscriber access only

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