Med Nadooshan (Boom Entertainment)
Overview
Boom Entertainment is a prominent technology company specializing in sports betting and online gaming solutions. Co-founded by Stephen A. Murphy and Med Nadooshan, the company has established itself as a key player in the gaming industry, working with major brands such as NBC Sports, Barstool Sports, and Penn National Gaming. Med Nadooshan serves as President and CTO, contributing his extensive expertise to steer the company's technological development. Among Boom Entertainment’s notable achievements is the successful launch of Boom Fantasy, a daily fantasy sports application, which has significantly contributed to the company's growth and recognition in the industry.
Recent Developments
- October 2024: Boom Entertainment announced a strategic partnership with Sockeye Software, targeting the Class II Mobile Gaming market to enhance its offerings in the Tribal Gaming jurisdictions in the U.S. This collaboration is poised to introduce innovative mobile casino and sports games, ensuring a Class III gaming experience with the tax benefits of Class II gaming.
- August 2023: Boom Entertainment acquired NBC Sports Predictor, accelerating growth in daily fantasy sports and strengthening its market position.
- September 2021: Boom secured $15 million in a funding round led by major players like New England Patriots owner Robert Kraft. This investment was earmarked for expanding its real-money gaming products.
- April 2025: The company is focused on scaling its operations and increasing its presence in new gaming jurisdictions following legislative changes in states such as Louisiana and Mississippi.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Med Nadooshan |
| Born | Not publicly available |
| Nationality | American |
| Occupation | President & CTO, Boom Entertainment |
| Known For | Leadership in gaming technology |
| Education | MS in Math and Computer Science, Stevens Institute of Technology |
Early Life and Education
Med Nadooshan has had an impactful career in technology, beginning at AT&T Bell Laboratories, where he developed software to enhance programming quality. His education at Stevens Institute of Technology provided a solid foundation in Mathematics and Computer Science, which has been critical in his career. Med's early roles included Chief Security Architect at Lucent Technologies and CTO at Avaya Global Services, where he launched groundbreaking security applications, highlighting his technical acumen and leadership in technology innovation.
Career and Notable Achievements
Med Nadooshan became a pivotal figure in the gaming industry as the CTO at High 5 Games, significantly increasing the company's revenue by expanding its digital footprint. His role as President and CTO at Boom Entertainment since 2017 has been marked by several achievements including:
- Leading the company to secure significant investments and partnerships, bolstering its position in online gaming.
- Spearheading the development of cutting-edge gaming technology and mobile solutions pertinent to modern gaming demands.
- Successful launch and management of Boom Fantasy, marking a substantial entry into the daily fantasy sports market.
Current Work and Impact
Med Nadooshan continues to drive innovation at Boom Entertainment, focusing on expanding its gaming portfolio and strengthening technological solutions that enhance user engagement and retention. Under his leadership, the company is well-positioned to adapt to evolving industry trends, maintaining a competitive edge in the dynamic gaming market.
Boom Betting
Boom Entertainment’s involvement in the betting space is significant, with offerings that include both free-to-play and real-money gaming products. Their collaborations with platforms like NBC Sports Predictor have enabled a broad reach within sports betting, creating interactive and engaging user experiences. The company's products are designed to integrate seamlessly into existing sportsbook software, offering unique differentiators in the competitive betting market.
Boom Careers
Boom Entertainment prides itself on a dynamic work environment and is actively seeking individuals who are innovative and quality-driven. The company offers roles across various levels, encouraging professional growth within a technologically advanced and creatively stimulating setting.
Conclusion
Med Nadooshan's influence at Boom Entertainment underscores a transformative period for the company. Under his technical leadership, Boom has become a pivotal player in the gaming industry, with innovative products that redefine the online gaming experience. As they continue to expand into new markets and develop new technologies, their future impact on the gaming landscape is poised to be significant.