Exploring Technology in Gambling: Tom Waterhouse on Talk Ya Book with Chris Judd

September 18, 2024 01:24 PM AEST | By Team Kalkine Media

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Exploring Technology in Gambling: Tom Waterhouse on Talk Ya Book with Chris Judd — Image source: Shutterstock

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On today's episode of Talk Ya Book, Chris Judd, AFL great and founder of the Cerutty Macro Fund, is joined by Tom Waterhouse from Waterhouse VC. Tom Waterhouse, known for his involvement in the renowned Waterhouse racing family, has ventured into a unique niche within the technology sector that serves major gambling entities such as Tabcorp (ASX:TAH).

Tom Waterhouse’s Technology Focus in Gambling

Tom Waterhouse shared insights into his firm’s focus on technology that supports the gambling industry. “We have significant opportunities if we can identify the right technology suppliers that are set to expand—and we’ve been quite successful at this,” stated Waterhouse. His firm, Waterhouse VC, specializes in investing in sports betting and racing technologies, steering clear of land-based casinos.

Waterhouse’s approach involves extensive global travel to explore emerging technology in the gambling sector. “We spend a lot of time attending gambling conferences and engaging with technology providers. I’m heading to Lisbon next week and have recently been to Rio, the US, UK, and Amsterdam,” he explained. Waterhouse’s deep involvement in the industry reflects his passion and expertise, as this is the only field he has worked in and knows well.

Challenges and Opportunities in Gambling Regulation

In the same Talk Ya Book episode, Chris Judd delves into the complexities of the gambling industry, focusing on regulatory and taxation challenges that operators and investors face. This discussion highlights the evolving landscape of the sector and the impact of regulations on investment opportunities.

About Talk Ya Book

Talk Ya Book, created by Chris Judd in 2019, serves as a platform where fund managers present their top investment ideas and discuss their investment strategies with the public. In 2023, Judd transitioned into the world of funds management himself, launching the Cerutty Macro Fund. This fund targets long-term investments driven by significant macro trends, reflecting Judd’s expertise and strategic vision.

Through Talk Ya Book, Chris Judd continues to provide valuable insights into investment opportunities and industry trends, including the fascinating intersection of technology and gambling as explored in today’s episode with Tom Waterhouse.

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