Allwyn Announces €1.6bn Funding Deal with International Banks

Allwyn Entertainment announced that it had entered into a new €1.6 billion senior facilities agreement with a syndicated group of international banks. The €1.6 Billion Credit Facility Will Be Split Lenders under the aforementioned arrangement agreed to provide an aggregate €1.6 billion ($1.65 billion) facility to Allwyn International AS (“AllwynContinue Reading

ASX Sports Seeks €750,000 with a Funding Campaign

Blockchain-powered fantasy sports provider ASX Sports announced a new crowdfunding initiative. The campaign plans to raise an additional €750,000, focusing on medium and small investors who will receive equity in the company. The operator simultaneously launched its newest live fantasy sports product, allowing peer-to-peer contests during games. ASX will useContinue Reading

FTBOA Making Voluntary HISA Contributions, Seeks Alternative Funding Options – Horse Racing News

by Press Release|08.09.2022|6:37pm Lonny Powell, CEO of the Florida Thoroughbred Breeders’ and Owners’ Association On Friday, Aug. 5, the Florida Thoroughbred Breeders’ and Owners’ Association (FTBOA) advised the Florida Thoroughbred Horsemen’s Association (FTHA) that the FTBOA will immediately begin making voluntary monthly contributions to help the FTHA offset a portionContinue Reading

Sports betting and iGaming-focused venture Acies Investments leads Tally Technology’s M Series Seed funding round

Fan engagement platform Tally Technology announced it has closed its oversubscribed $4 million Series Seed funding round, led by Acies Investments, an industry-dedicated venture fund to the sports wagering, sports technology, iGaming and esports sectors.  Tally Technology was founded in 2018 as a free-to-play prediction game for brands, professional sportsContinue Reading

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 achievementContinue Reading