- Casino
- By State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Georgia
- Florida
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Massachusetts
- Maryland
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
- By State
- Slots
- Poker
- Sports
- Esports
Low6 Plans US Expansion after Completing $5M Funding Round
Sports gaming technology leader Low6 announced Friday that it successfully completed its latest funding round, just ahead of a planned Initial Public Offering (IPO).
Just before IPO, Low6 Completes a Funding Round
Based in Birmingham, UK, Low6 completed its latest round of funding, raising $5 million. The announcement comes just in time with a planned IPO, which is expected to be completed this year. The money raised from the funding round will be used by the company to help fund its ongoing growth. Specifically, the company plans to expand significantly overseas in the US market.
With that in mind, Low6 already inked several key deals, boosting its US expansion. Last year, the company joined forces with the NBA’s Detroit Pistons. This was the latest out of a string of deals inked by the UK-based company. Besides teaming up with the Pistons, Low6 also scored a deal with NFL’s Cincinnati Bengals, as well as the Jacksonville Tigers. As a result, the company was named an official free-to-play partner for the Bengals.
Besides the US, in 2021, Low6 inked multiple agreements with football clubs in the UK. More recently, Low6 appointed Ben Barker as its new chief revenue officer in January. As a proven industry specialist, Barker brings more than 20 years of experience. Before joining Low6, he has taken the role of CMO at Monterosa.
Growing Globally Remains a Strategic Goal for Low6
Jamie Mitchell, the co-founder and group CEO of Low6, revealed that last year was successful for the company. Moreover, he outlined that Low6 has been growing and the recent funding round will help the company continue growing further in 2022.
“2021 was a successful year of growth for Low6, and the conclusion of our latest round of funding will allow us to accelerate our continued development in 2022.”
Jamie Mitchell, co-founder and group CEO at Low6
Besides growth, Mitchell revealed that in 2021, Low6 continued to develop products and services. This, according to him, helped the company sign multiple contracts and create new partners. In conclusion, Mitchell said that by securing new funds and multiple new partners, the company is undoubtedly going to have a successful 2022.
Jerome is a welcome new addition to the Gambling News team, bringing years of journalistic experience within the iGaming sector. His interest in the industry begun after he graduated from college where he played in regular local poker tournaments which eventually lead to exposure towards the growing popularity of online poker and casino rooms. Jerome now puts all the knowledge he's accrued to fuel his passion for journalism, providing our team with the latest scoops online.
Previous Article
Industry
January 28, 2022
Flutter Marks Ten-Year Presence in Spain with New Ceuta Hub
Must Read
Industry
October 28, 2024
CEASE Outraged as Bally’s Exposes Pregnant Worker to Smoke
Industry
October 29, 2024
Aristocrat Enters UAE Market Via Historical License
More Articles
Lottery
November 1, 2024
Powerball Grand Prize Climbs to $54M for Upcoming Drawing
Legal
November 1, 2024
Connecticut Takes Sweepstakes Operator VGW to Court
Industry
November 1, 2024
Northern Ireland Seeks to Reduce Gambling Ads Amid Harm Concerns
Industry
November 1, 2024
Former PTA Exec Accused of Stealing $41K for Gambling, Shopping
Casino
November 1, 2024
San Francisco City Attorney Goes After Illegal Gambling
Industry
November 1, 2024
Explosives Threat at Seminole Hard Rock Tampa Leads to Arrest
Poker
October 31, 2024
RSI Redefines Poker with Phil Galfond-Backed Online Platform