Industry
April 6, 2023
New Funds to Help Spelinspektionen Target Unlicensed Operators
The Swedish Gaming Authority (Spelinspektionen) is likely to receive new funds to help its mission to enhance the supervision of the gaming market in the country and oust unlicensed operators. Combat Organized Crime The Swedish government proposed legislators increase the budget allocated to Spelinspektionen in 2023 by SEK2.4 million ($230,360) to boost the watchdog’s capabilities […]
Industry
February 10, 2023
GambleAware Delivers £1.24m via the Community Resilience Fund
Gambling harm charity GambleAware announced the recipients of the Community Resilience Fund, the fund it launched last year to address health inequalities among the most disadvantaged communities. Address Disproportionate Risks Acting on research indicating that people in more deprived areas are three times more likely to suffer from gambling harm, the Community Resilience Fund seeks […]
Industry
July 12, 2022
Future Anthem’s Series A Funding Round Yields Millions
Future Anthem, an AI-powered B2B gaming tech company, concluded a Series A funding round. The company will use the money to invest in new products and provide its partners with more cutting-edge solutions. The Funding Will Help the Company Grow The funding round was led by Bettor Capital, an investment platform and consultancy. Other notable […]
Industry
March 31, 2022
Network Gaming’s Strategic Funding Round Raised £1.25m
A strategic round of funding saw Network Gaming attract £1.25 million ($1.65 million) investment from industry angels, including Betfair co-founder Andrew Black, to support its efforts to innovate sports prediction games. Games to Complement Live Sports Experience Betting technology company Network Gaming raised the money to power the next phase of its international growth and […]
Industry
January 28, 2022
Low6 Plans US Expansion after Completing $5M Funding Round
Sports gaming technology leader Low6 announced Friday that it successfully completed its latest funding round, just ahead of a planned Initial Public Offering (IPO). Just before IPO, Low6 Completes a Funding Round Based in Birmingham, UK, Low6 completed its latest round of funding, raising $5 million. The announcement comes just in time with a planned […]
Business
January 4, 2022
SeventySix Capital, Tekkorp Capital Invest in Odds On Compliance
Regulatory compliance technology supplier Odds On Compliance announced today a group led by SeventySix Capital made a strategic investment to propel the further expansion of the data and technology business. Funding Round The group of new investors at Odds On Compliance led by SeventySix Capital provided a new infusion of funding necessary for the next […]
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 […]