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Chicago-based William Ryan Homes Enters DFW Market After Acquiring 1,500 Lots

Plus: DFW-based Flite Golf & Entertainment invests $21 million in Oklahoma golf facility; nVenue partners with betting software development firm SB22 for micro-bet expansion.
| |Renderings courtesy of William Ryan Homes
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Chicago-based William Ryan Homes Enters DFW Market After Acquiring 1,500 Lots

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Over the last year, Chicago-based William Ryan Homes has been in stealth mode in North Texas acquiring 1,500 lots across nine North Texas communities. Now, officially, the company has relaunched operations in the DFW market, which it left in 2009.

Model homes are now under construction in Denton in the Preserve at Pecan Creek community, in Anna at West Crossing, in Royse City at Creekside, and in Forney in the Devonshire neighborhood. Communities in Fort Worth and McKinney will open later in the summer and a community in Celina will open in the fall. The neighborhoods in Midlothian and Celina will open in 2024.

“DFW has been relatively insulated from the recent economic downturn and we saw that as a huge opportunity,” said Scott Dettmer, who joined William Ryan Homes in 2022 as DFW division manager. “We’re ramping up to build 500 homes per year in the most desirable master-planned neighborhoods. Our focus on architectural design, science-based building systems and our commitment to operational efficiencies all allow us to deliver the visual appeal, quality, livability and value that today’s homebuyers demand.”

Ryan has built more than 13,000 homes in four states and in several markets including Chicago, Madison, Milwaukee, Phoenix, Tampa, and Southwest Florida.

Dallas Startup nVenue and SB22 Partner to Continue Growth of Microbets

Dallas-based micro-betting technology platform nVenue and sports betting software development firm SB22 have teamed up to enhance users’ sports betting experiences.

nVenue will lend its AI technology, which can generate thousands of real-time game probabilities and curated micro-bets, to SB22’s betting platform exclusively designed for the U.S. market. 

“We are honored to partner with SB22 to deliver an unparalleled micro-betting experience to their customers and ultimately the fans,” nVenue Chief Revenue Officer Jeremy Jones said. “By combining our AI-powered probabilities and micro-bets with SB22’s cutting-edge technology, we are confident that we can provide a game-changing platform to revolutionize how fans engage with sports betting.” 

“This collaboration with nVenue is a testament to our commitment to innovation and customer satisfaction,” Vik Shrestha, SB22 Chief Commercial Officer Vik Shrestha said. “By integrating nVenue’s advanced predictive engine and micro-bets into our next-generation sports betting platform, we are well-positioned to deliver a superior betting experience that exceeds expectations.” 

nVenue’s quick data feed lets its partners offer thousands of new betting markets per game. It has delivered more than 1 billion predictions across major leagues like the NFL, NBA, and MLB, and produces on-screen predictive analytics for Friday Night Baseball on Apple TV+. 

nVenue raised more than $5 million in funding last October when it launched its NFL betting product.  

In June this year, SB22 announced the market launch of its K22 self-serving sports betting Kiosk. The company even produces a virtual reality sports betting experience with its VR22, a 360-degree live streaming system with a betting interface that places fans directly in the seats at games. 

Flite Golf & Entertainment Invests $21 Million for Upgrades to Oklahoma Facility

Dallas-based Flite Golf & Entertainment has completed a $21 million renovation at KickingBird Golf Club in Edmond, Oklahoma. Flite Golf’s upgrades come at the driving range as golf is seeing a boom in off-course golf. The upgrades will fit six of the club’s hitting bays with Flite Golf’s proprietary golf entertainment technology. Two of the bays will feature spaces for instruction and club fittings.

KickingBird will also receive a new 13,384-square-foot clubhouse, 6,670-square-foot events center, and irrigation and greens work as part of the project. 

“Flite is proud to partner with KickingBird Golf on a next-generation, green grass golf entertainment experience,” Flite Founder and CEO John Vollbrecht said. “The Flite Golf Entertainment Pavilion should prove to be a destination for golfers of all skill levels as well as a great place to hang out before or after a round of golf on KickingBird’s incredible renovated course. As a resident of Edmond, Oklahoma who learned to play the game of golf at Kickingbird as a child, it is an honor to be able to be a small part of such an incredible project for the city.” 

Flite Golf’s systems run club duties like pricing, catering, bay inventory and queue management, and operational and financial reporting. They also provide players on driving ranges with shot tracking and game customization. 

Alongside KickingBird, Flite Golf’s technology is currently found in clubs in Milwaukee, Wisconsin, Riyadh, Saudi Arabia, and London, England. The company’s technology will be featured at Five O Fore Golf in New Orleans slated to open in Spring 2024. Also, the company plans to open its first flagship location, Atomic Golf, a $70 million, four-story entertainment venue, in Las Vegas late this year. 

Authors

<strong>Garrett Tarango</strong>

Garrett Tarango

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Ben Swanger

Ben Swanger

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Ben Swanger is the managing editor for D CEO, the business title for D Magazine. Ben manages the Dallas 500, monthly…
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