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Justin Park
Founder & CEO @ Betty
Justin Park is the Co-Founder and CEO of Betty, an innovative entertainment company focused on the intersection of real money online casinos and casual mobile gaming. He has held this position since March 2022 and is based in New York City. Under his leadership, Betty aims to disrupt the iGaming industry, particularly by appealing to female customers and employees, and has quickly established itself in Ontario's regulated iGaming market.146
Professional Background
- Early Career: Justin began his professional journey as an Analyst at IMS Health (now IQVIA) from August 2010 to July 2011, where he was involved in pharmaceutical and biotech management consulting.3
- Vidaao: He co-founded Vidaao, an enterprise video marketing platform, serving as CEO from September 2011 to January 2015. The company was later acquired by Skyword.13
- QL Gaming Group: Following Vidaao, he co-founded QL Gaming Group in June 2015, where he served as CEO until its acquisition by Entercom in October 2021 for $32 million. This platform focused on sports betting media and data.135
- Betty: Since launching Betty, Park has emphasized the company's commitment to innovation within the gaming space, particularly targeting a female demographic in both gaming and employment.47
Education
Justin Park holds a Bachelor of Arts degree in Economics/Pre-Med from Amherst College.13
Vision for Betty
Park's leadership at Betty reflects a broader vision of transforming the online gaming landscape by integrating engaging gaming experiences with responsible gambling practices. His focus on creating a welcoming environment for women in gaming is a key aspect of the company's mission.26
Highlights
Betty investor update for Q2 2024.
June's net revenue* reached USD 3.7 million, indicating an annualized net revenue run rate of approximately USD 44 million. A few framing comments:
- 100% of revenue comes from a single market (Ontario)
- 100% of revenue is regulated
- Only USD 12 million in equity has been raised
Our focus in Q3 will be to keep CAC down as we ramp up marketing and augment our operations to ensure the same quality of service is delivered to a growing player base.
Lastly, I'm continually impressed by my co-founders, Chavdar Dimitrov and Jordan T., who are proving to be world-class operators. Thank you, both, for making my life so easy.
*Net Revenue = Cash Bets - Cash Wins - Jackpot Contributions - Total Rewards Turned Cash - Cash Adjustments + Voids - Chargebacks - Refunds - Unsettled Deposits
Jen Berrent, former COO at WeWork, has joined Betty as our newest Strategic Advisor! 🚀
I’ve discovered that strategic corporate structuring can be a competitive edge in real-money gaming, and Jen is a true master in this domain, evidenced by her crucial role in WeWork’s rapid global expansion.
In addition to challenging us to think bigger and bolder, we’re thrilled to add an important female voice on our team as we build our female-focused brand.
We’re extremely proud to have Jen on board and can’t wait to see the amazing things we’ll achieve together!
