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Business
December 2, 2021
PrizePicks Closes Another Strategic Funding Round, Sees New Investors Join
PrizePicks is a Single Player Fantasy (SPF) pioneering operator in North America. Over the last 12 months, the company has seen incredible growth, considering that from November 2020 through November 2021, the company’s gross gaming revenue and active member base have increased ten times. Moreover, PrizePicks hit an important achievement of paying out more than […]
Business
November 10, 2021
Jackpocket Raised $120M to Continue Mobile Lottery Innovation
Innovative lottery ticket selling app Jackpocket announced its Series D funding managed to raise $120 million to provide financial support for future lottery endeavors. Affirming Presence in the Lottery Space The Series D funding round comes after a period, which saw Jackpocket increase its customer base by more than 300% since its previous Series C […]
Business
October 23, 2020
Live Sports Group Chat Platform Completes $5M Funding Round
The new company of FanDuel co-founders Nigel Eccles and Rob Jones, Flick, successfully completed a $5 million in Series A funding, to support the further growth of its app for sports influencers. The new round of funding is the second for the company, after the initial $4 million it raised in 2018. Flick which was […]
Legal
June 26, 2020
Experts Say BGC Exceeded Privileges in Redirecting $125m Funding
Redirecting $125 million to GambleAware “in a last-minute call” has prompted addiction experts in the UK to raise an alarm over the gambling industry’s clout in how money dedicated to stemming problem gambling is used. Gambling Firms Have Too Much Say in Directing Funding, Say Experts Following the news from a week ago that industry […]
Legal
February 24, 2020
Experts Call for More Focus on Problem Gambling in Virginia
Virginia is poised for a massive gambling expansion in the not so distant future and this is expected to have a significant impact on the state. One of the areas that experts are hoping lawmakers will delve deeper into as they continue with their plans to legalize various forms of betting is problem gambling. Needless […]