Matt Tripp
Overview
Matt Tripp is an Australian entrepreneur and investor with extensive experience in the gaming and wagering industry. He has been instrumental in the development and growth of several significant businesses within this sector. In 2005, he acquired Sportsbet and served as its CEO until its sale to Paddy Power in 2011. Following this, he founded BetEasy, which he expanded into one of Australia's largest corporate bookmakers through both organic growth and strategic acquisitions, including the purchase of William Hill Australia, before divesting to Stars Group. Tripp was also the founding shareholder, largest investor, and Chairman of NTD Pty Ltd's wagering business and holds the position of Chairman for Melbourne Storm. In February 2021, Tripp made a $25 million investment in BetMakers Technology Group Ltd, a wagering technology and data services company. This investment was part of a broader capital raise and signified his return to the wagering industry after selling his stake in BetEasy. Tripp's involvement with BetMakers was aimed at accelerating the company's global B2B wagering strategy. Tripp's strategic investments and leadership roles have significantly influenced the Australian wagering landscape, contributing to the growth and evolution of the industry over the past two decades.
Investment Focus
- Strategic alignment with existing portfolio
- Potential for significant growth
- Experienced management team
Portfolio Companies
Reach Matt Tripp directly
Verified work email, phone and LinkedIn for the full team — one spreadsheet, one payment, yours to keep.
Unlock full contacts →Frequently asked questions about Matt Tripp
What sectors does Matt Tripp invest in?
Matt Tripp invests in Sports Entertainment and Wagering, and is based in Australia. Matt Tripp is listed as a private investment firm in the ConnectSafely investor database.
What stage does Matt Tripp invest at?
Matt Tripp backs companies at Early Stage, Growth and Late Stage, writing cheques of 25M - 25M.
Which regions does Matt Tripp invest in?
Matt Tripp invests across Australia.
What companies has Matt Tripp invested in?
Matt Tripp's portfolio includes Sportsbet, BetEasy, BetMakers Technology Group Ltd, NTD Pty Ltd's wagering business and Melbourne Storm.
Last updated · Source: ConnectSafely investor database
