Sparket announces three strategic partnerships

(PRESS RELEASE) -- 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 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.

“We are thrilled with our Q3 performance to date and the incredible growth we’ve seen,” said Aaron Basch, CEO of Sparket. “Our partnerships with PENN Entertainment, Casino Pauma, and Soboba Casino and Resort are a testament to the value and potential of our platform. We are excited to work together to bring unparalleled social betting experiences to our users,” said Aaron Basch, CEO of Sparket.