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Gambling News - 'Funding'
Casino
October 29, 2024
Reno’s Grand Sierra Resort Asks City to Help Fund GSR Arena
The Reno City Council has granted preliminary approval toward possibly providing financial support for the Grand Sierra Resort’s (GSR) ambitious arena project. This decision will allow for a third-party review to gather more information and evaluate the project’s impact. Although the city has not allocated any funds yet, and the final decision is pending, the […]
Business
September 25, 2024
Polymarket Seeks $50M in Funding, Plans to Launch In-House Crypto Token
Crypto betting specialist Polymarket is reportedly seeking additional funding ahead of the US presidential election. The report further suggests that the company is considering launching its own crypto token. Polymarket Seeks to Enhance Its Business Ahead of the Election According to The Information, a technology news outlet, Polymarket hopes to acquire some $50 million in […]
Industry
August 29, 2024
GambleAware Has Received £295K in RET Donations in Q1
GambleAware has published an update on the donations it received in the first quarter of the 2024/25 fiscal year. The period from April 2024 to June 2024 saw a total of £294,722.99 (approximately $388,000) in Research, Prevention, and Treatment (RPT) contributions. The Results Are In Line with Recent Years GambleAware, which relies on gaming industry […]
Industry
June 18, 2024
Ixia Capital Launches with Impressive Ambitions
Ixia Capital, a new venture capital fund and studio, has officially launched with a $20 million investment aimed at high-growth companies in gaming, esports, digital assets, and related technologies. Founded by partners with extensive firsthand experience in the iGaming industry, Ixia’s primary mission is transforming innovative ideas and technologies into profitable business ventures. The Company […]
Industry
April 4, 2024
Yaspa Bags Grant to Develop Safer Gambling Platform
The award-winning fintech that uses Open Banking to provide payment and verification services, Yaspa, has announced it has received a government grant from Innovate UK, a national innovation agency. The latter is a sub-division of UK Research and Innovation, which is a government-funded body that invests £8 billion ($10.1 billion) of taxpayer’s money into different […]
Business
March 20, 2024
Winible Secures $6 Million in Funding to Revolutionize Sports Betting Sector
Winible, an innovative e-commerce platform targeting sports influencers and experts, has announced a significant milestone with the successful closure of a $6 million seed funding round. This funding, led by Inspired Capital, marks a pivotal moment for Winible as it aims to disrupt and transform the sports betting and gaming markets. The Platform Targets an […]
Business
March 4, 2024
Good Life Plus Raises $2.57M in Mark Blandford-Led Subscription Round
Good Life Plus, an innovative luxury prize draws brand, has unveiled a subscription raise of £2.03 million ($2.57 million). The raise was led by Mark Blandford, founder of Sportingbet (now Entain). The subscription included a total of 90,222,223 ordinary shares of £0.001 at a price of 2.25p each. The new shares should be admitted by […]
Business
February 27, 2024
ClearStake Bags Seven-Figure Funding Round
London-based financial services firm with a focus on open banking systems, ClearStake, has secured a seven-figure sum from its latest funding round. This means the 2020-founded company that lets players share data in whatever way works for them can start working toward more growth in the future, with special emphasis on scaling its global business […]
Casino
February 26, 2024
New Jersey Provides Municipalities with $100M for Boardwalk Repairs
New Jersey Governor Phil Murphy decided to provide Atlantic City with a $20 million grant. The funding is part of a $100 million initiative that will allow local municipalities to restore their boardwalks. The money is a leftover from the American Rescue Plan and will see New Jersey take care of its signature boardwalks. Originally […]
Sports
February 22, 2024
Flutter Donates £400,000 to Community Clubs across UKI
Flutter has reaffirmed its commitment to nurturing sports organizations across the United Kingdom and Ireland by agreeing to provide another £400,000 to local community clubs. This move is a part of the operator’s Cash4Clubs program, which has so far seen Flutter invest some £5 million into community sports. The grassroots sports program will once again […]