New York-listed gaming operator Bally's Corporation expects to report a 70 per cent increase in revenue to $185.0m for the first quarter of 2021.
Bally’s attributed the growth to the significant acceleration in March as COVID-19 restrictions were relaxed across the United States.
The year-on-year revenue growth helped adjusted EBITDA for the [...]
Las Vegas-based games developer GameCo has secured financing and strategic investment from Playtech and investment firm SpringOwl Asset Management.
The capital infusion, which includes participation by GameCo’s previous investors, will allow the company to accelerate expansion of its arcade-style gaming, iGaming and eSports betting products.
“We have followed GameCo’s progress for some [...]
Geolocation and compliance technology specialist GeoComply Solutions has reached a definitive agreement for minority investments by funds managed by Blackstone Growth and Atairos.
The partnership represents the first commitment of institutional capital to the company and will support GeoComply’s continued growth in its core markets and help accelerate expansion into new [...]
Identity verification specialist Jumio has secured $150m in funding from Boston-based private equity firm Great Hill Partners.
The investment will accelerate Jumio’s expansion in the digital identity space by providing additional resources to automate its identity verification solutions, expand the breadth of its KYX platform, and grow its suite of AML [...]
Toronto-listed Score Media and Gaming has filed with the US Securities and Exchange Commission to raise up to $183m in an initial public offering on Nasdaq.
The company plans to offer five million shares at $36.52 per share for a proposed offering amount of $182.6m, with net proceeds to be used [...]
Sydney-listed Betmakers Technology Group has secured a AUD$75m investment to accelerate its B2B sports betting strategy.
Betmakers has entered into an agreement with former Sportsbet and BetEasy founder Matt Tripp, who will assist the company with its B2B expansion and acquire $25m of new BetMakers shares.
In addition to potential opportunities for [...]
London-based slot developer 4ThePlayer.com has completed a seven-figure funding round with a group of gaming industry executives as the company eyes expansion opportunities in the United States.
The company said the funding round will ensure that it can remain independent and develop and release further top performing and innovative player-centric games.
Poland’s state-owned National Lottery operator Totalizator Sportowy has joined forces with New York venture capital fund ff Venture Capital (ffVC) to establish a new fund to invest in tech and gaming start-ups.
With support from PFR Ventures and the National Center for Research and Development, the ffCV Tech and Gaming fund [...]
Stockholm-listed gaming operator LeoVegas is considering an unsecured bond issue to help finance growth and potential acquisitions.
LeoVegas said Friday that it has engaged SEB and Swedbank as joint bookrunners to explore the conditions to issue a senior unsecured bond with an expected value of SEK500m, with investor meeting set to [...]
Stockholm-listed iGaming affiliate Acroud has strengthened its financial position through a directed share issue, raising SEK75m (€7.4m) to fund future acquisitions.
The directed share issue of 35,294,118 shares was completed at a price of SEK2.55 per share, amounting to SEK90m in allocated demand.
Acroud recently completed the acquisition of a fast-growing sports [...]
London-listed gaming operator Rank Group has raised £70m through a successful fundraise with existing and new institutional investors.
A total of 76,736,762 shares were conditionally placed at an issue price of 90 pence per share, the company said Thursday, with retail investors subscribing for a total of 1,009,258 new ordinary shares [...]
Paris-based esports data provider PandaScore has raised €5m in a new funding round led by FDJ’s venture capital fund.
PandaScore offers AI-powered statistics and odds to esports bookmakers, with the new funding earmarked to drive further expansion, including growing its teams in Paris and Malta and the range of esports covered.