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Business
December 21, 2023
Yolo Investments Unveils New €100 Million Fund Targeting Emerging Technologies
Yolo Investments, a leading investment firm specializing in gaming, blockchain, fintech, and emerging technologies, has officially launched its latest flagship investment fund, Yolo Fund II LP. This fund aims to raise a capital of €100 million and should bolster the company’s expansive portfolio in cutting-edge industries, aligning with its long-term goals. The Funding Will Maintain […]
Industry
November 20, 2023
Bond Investors Double Down on Macau Casino Debt
Bond investors from Asia and beyond are taking the risk and doubling down on investments in Macau casino debt. This move carries certain uncertainties but has the potential to be more lucrative than investments in corporate debt. At the moment, investing in Macau casino debt might be less risky than investing in shares too. The […]
Business
November 15, 2023
Rivalry Secures $10M Investment from a Shareholder
Rivalry, a leading iGaming and online sports betting company, has secured a CAD 14 million (roughly $10.23 million) investment for an undisclosed existing institutional shareholder. The agreement represents a non–brokered private placement offering of convertible debentures under which each convertible debenture will consist of CAD 1,000 principal amount of 10% senior secured convertible debentures of […]
Business
November 7, 2023
Dodge & Cox Increases Stake in Entain amidst Strong Investor Confidence
US mutual fund company Dodge & Cox has more than doubled its stake in the global sports betting and gaming group Entain, making it the second-largest single shareholder in the gambling giant. This increased stake can be interpreted as a show of confidence in Entain’s potential, as the company recently revealed its updated plans to […]
Business
July 20, 2023
SCCG Venture Fund Invests in Grin Gaming
SCCG Venture Fund, a major gambling industry investor, has provided funding to Grin Gaming, a disruptive micro-betting platform. The backing will provide the latter company with the support it needs to grow and evolve. Grin Gaming is a platform that seeks to capitalize on the growing popularity of the micro-betting vertical. It provides a reliable […]
Business
April 13, 2023
BeyondPlay Secures $5.5M in Latest Funding Round
BeyondPlay, a company that combines a custom-built platform with streaming technology and social features, has raised over $5.52 million thanks to its latest funding round. The software firm attracted the attention of several notable investors. BeyondPlay’s latest round was led by Bettor Capital, a US-based early-stage venture capital fund. It focuses on investments to providers […]
Business
February 15, 2023
Zeal Ventures Invests in Soccer Sweepstakes App Circl
Zeal Ventures, one of the biggest investors in the lottery space, has provided the British studio startup Circl Gaming with an investment. While the size of the investment wasn’t disclosed by the two companies, it marks the start of a friendly partnership between the two parties. As announced, Zeal Ventures will leverage its market experience […]
Business
February 2, 2023
Better Collective Buys 5% Stake in Catena Media
The news was reported in a very short press release from Better Collective stating that the company is satisfied with its investment and does not wish to comment on it any further. The Start of a Collaboration Between Fierce Rivals It is interesting to see how the two companies will collaborate. Up to now, they […]
Business
September 29, 2022
Xpoint Welcomes New Investors, Plans Exponential Growth
Geolocation technology company with licenses in several online gaming, daily fantasy sports, and sports betting markets in North American jurisdictions Xpoint has welcomed three new big investors during a new round of funding. The list includes The Raine Group, SuRo Capital Sports, and Acies Investments. The trio will be joining current investors Courtside Ventures and […]
Business
September 7, 2022
Ringier Invests $57.4M in LiveScore Group
LiveScore Group, the home of several sports and sports betting companies, has inked an agreement with Ringier AG, an innovative, digitalized and diversified Swiss media and tech company. The latter agreed to provide LiveScore with an investment of $57.4 million. LiveScore Receives a Huge Investment LiveScore will use the funding to boost its various sports […]
