UK-based betting exchange operator BetConnect has secured funding from multiple international investors as it bids to expand its global footprint.
The company has secured new investment from Australian sectoral specialist Tom Waterhouse, CIO of Waterhouse VC, ex-Fox Bet CEO Robin Chhabra and ex-Fox Bet board advisor and grand parade founder Andy Clerkson. [...]
New York-based mobile lottery provider Jackpocket has raised $120m in Series D funding as it looks to expand its operations across the United States and internationally.
The funding will fuel a series of new additions to the Jackpocket team to support its geographic expansion, as well as development of new verticals [...]
New York-based sports gaming app developer Boom Entertainment has raised $15m in funding to enable the supplier to expand into the real-money sports betting and iGaming sectors.
The Series A funding was led by Sands Capital, alongside a whole host of investors including New York-listed operators Golden Nugget Online Gaming and [...]
Sportradar has laid out plans for a $532m initial public offering on the Nasdaq Global Select Market under the ticker symbol SRAD.
The sports data and solutions provider has appointed J.P. Morgan, Morgan Stanley, Citigroup and UBS Investment Bank to act as lead book-running managers for the proposed offering, which consists [...]
London-listed betting and gaming operator Entain has extended its long-term partnership with British sports charity SportsAid.
The Entain Foundation will double its financial backing to SportsAid, taking its total commitment to around £500,000 to provide critical funding to the most talented young British athletes all the way through to the Paris [...]
Sports-focused customer acquisition specialist Chalkline has closed a $2.7m Series A funding round led by Parlay Capital Holdings and Patrick Conroy.
The new investment will support Chalkline's product development and the commercial growth of its player acquisition and retention solutions into new markets.
Chalkline provides freeplay and real money games to the [...]
The UK Government has lent its support to the British horse racing industry by providing a ten-year loan of £21.5m as part of its Sport Winter Survival Package.
The funding will support racecourses and participants as the sport continues its recovery from Covid-19, with more than £400m lost in racecourse revenue [...]
Philadelphia-based Sporttrade has raised $36m in funding as the company prepares to debut its sports betting exchange in the United States.
The coalition of investors from both the financial and gaming industries includes lead investor Jump Capital, Impression Ventures, Hudson River Trading, Tower Research Ventures, former MGM Resorts CEO Jim Murren, [...]
Betting exchange operator Smarkets has secured a minority investment from private equity firm Susquehanna Growth Equity (SGE) to accelerate its US expansion.
The Series B funding from Pennsylvania-based SGE will allow Smarkets to accelerate its rollout in the United States, where it is already live in Colorado with its SBK sportsbook [...]
New York-listed sports data and technology provider Genius Sports is seeking to raise $418m through a new public offering of its ordinary shares.
The company’s underwritten public offering of 22,000,000 ordinary shares consists of 13,000,000 shares offered by Genius Sports, and 9,000,000 shares offered by certain shareholders.
In each case, the public [...]
London listed betting and gaming operator Entain has announced the 50 British athletes it will support through SportsAid in the third year of the grassroot initiative.
The ongoing partnership between SportsAid and Entain sees the recipients receive an annual award of £1,000 for training, after being nominated by their respective sports [...]
Canadian sports betting technology and odds feed supplier Sports IQ has secured US$7m in new funding to fuel its growth across North America.
The funding round was led by Toronto-based private equity fund Harlo Equity Partners, with participants including The Kraft Group, UK-based gaming investment firm Velo Partners, Fenway Sport Group [...]