Industry
October 7, 2025
Sharp Alpha to Invest $150M to Boost Customer Acquisition in Gaming
Gaming-oriented venture capital firm Sharp Alpha has closed a $150 million fund that, according to the company, will empower gaming businesses. Sharp Alpha to Empower Gaming Businesses According to the announcement, the Sharp Alpha UA Fund I will target a variety of businesses in sectors such as sports betting, online casino, and prediction markets. The […]
Industry
October 1, 2025
Midnite to Triple Down on Growth Thanks to $100M Credit Facility
UK-facing sports betting operator Midnite has secured a revolving credit facility that will power its local expansion. This comes several months after the sportsbook closed a multi-million dollar funding round. The Funds Will Provide the Company with Financial Flexibility According to the latest announcement, Midnite has secured a revolving credit facility of up to $100 […]
Industry
September 11, 2025
ASIC Probes Private Equity Firm for Allegedly Gambling with Investor Funds
Australia’s top financial authority is stepping up its investigation into a private equity group accused of siphoning tens of millions of dollars in investor funds into gambling. The Australian Securities & Investments Commission (ASIC) claims that First Mutual Private Equity raised approximately $53 million from investors between March 2024 and July 2025, presenting their operations […]
Business
September 2, 2025
Glitnor Group Secures EUR 55M Facility from HG Vora Capital
Glitnor Group has secured a significant financial investment following a contribution of EUR 55 million ($64.2 million) from the US-based HG Vora Capital Management. This capital injection will support the operator’s expansion via mergers and acquisitions while bolstering strategic growth initiatives in regulated markets across Europe and North America. The deal should also help Glitnor […]
Business
August 28, 2025
KKCG Offloads 4.27% Allwyn Stake
Czech investment company KKCG announced that it has sold a 4.27% stake in its subsidiary, the leading lottery operator Allwyn International. The buyer of the stake was J&T ARCH Investments, a Prague Stock Exchange-listed investor fund. J&T ARCH Joins Allwyn’s Investor Lineup According to the announcement, the Czech investment firm KKCG has sold the 4.27% […]
Business
July 31, 2025
MyPrize Secures $21M from Investors, Eyes Further Growth
Social casino specialist MyPrize has closed its latest funding round, securing millions. The money will help the company bolster its growth efforts and improve its platform. MyPrize Closes $21M Funding Round at a Valuation Cap of $250M MyPrize, which launched in 2024, has just closed its latest funding round, securing $21 million from its investors. […]
Industry
July 25, 2025
Drive by DraftKings to Invest More in Real-Money Gaming
Venture capital firm Drive by DraftKings has announced its intention to intensify its focus on real-money gaming (RMG) with the launch of its second fund, highlighting the sector’s rapid growth and its transformative impact on user engagement with entertainment. Drive by DraftKings to Double Down on the Evolving RMG Market Drive’s confidence comes at a […]
Business
July 24, 2025
iLottery Specialist Random State Secures Investment from FDJ United & ZEAL Network
Random State, a Swedish iLottery and iBingo company, announced that it has secured significant investment from FDJ UNITED Ventures and ZEAL Network. The money received from these two giants will empower the business, allowing it to enhance its products. Random State Will Use the Money to Grow By teaming up with FDJ UNITED’s startup investment […]
Business
July 17, 2025
Posh Monkey Studios Secures Investment from Velo & Deal with Games Global
Posh Monkey Studios, an ambitious developer of iGaming products, has secured a strategic investment from Velo Partners. The extra funding will help the studio accelerate its growth on a global scale. At the same time, the studio inked a deal with Games Global. The Exact Sum Was Not Disclosed Although the announcement didn’t specify the […]
Business
July 16, 2025
Casino Stocks in South Korea Increase Thanks to Foreign Tourism
Although South Korea’s eased visa policy for Chinese tourists isn’t set to take effect until later in the third quarter, casino stocks are already climbing in anticipation of a surge in inbound travel. South Korea’s Casino Sector Rises Ahead of Visa Changes for Chinese Tourists South Korea’s gaming industry is already seeing gains ahead of […]
