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Gambling Gaming North America Video Games

GameCo Announces Financing Round To Accelerate Expansion Of Its Arcade-Style Gambling, iGaming, And esports Betting Businesses

– GameCo announced a new round of financing and strategic investment.
– The round was led by new investment from prominent gaming technology company Playtech and gaming investor SpringOwl Asset Management, headed by industry mainstay Jason Ader, with participation from many of GameCo’s previous investors.
– The capital infusion is designed to accelerate the Company’s mission to provide revolutionary gaming products and experiences while driving new players and demographics to casino entertainment.
– GameCo has formed an alliance with GRID, which aims to make official esports data available in the US market as regulation is progressing and esports has been identified as a growth driver.
– In 2021, GameCo plans to expand rapidly into digital markets, with a focus on bringing its unique arcade-style gambling to online casinos worldwide and positioning itself as a leader in esports betting in the U.S.

Blockchain Cryptocurrency Gambling Mobile Apps North America Sports

ZenSports Closes $2.4M Series ‘A’ Round of Funding

– ZenSports, the next-generation mobile sports betting app that offers both a traditional book plus peer-to-peer sports betting platform using fiat or cryptocurrencies, has announced the close of its new $2.4m in Series A funding.
– Investors in this round include Gaingels, MicroVentures, Calm Ventures, Twenty Five Ventures and Allied Ventures Partners, as well as other individual angel investors.
The new round of funding will be used by ZenSports to complete its current U.S. gaming license applications that it has on file in Nevada and Tennessee.
– ZenSports also recently signed a partnership deal with Boulter Developments to eventually expand into Colorado.

Gambling Marketing Marketplace North America

PropSwap Closes $2 Million Round of Funding

– PropSwap closed a new round of funding this week, raising $2 million.
– The company intends to use the funds to launch the marketplace in newly legalized states, accelerate product development, increase user acquisition efforts, and continue to partner with gaming operators around the country.
PropSwap is America’s first and only secondary marketplace to buy and sell sports bets.

Casinos Gambling North America

BettHouse Targets Nationwide Expansion Through New Funding Round

– BettHouse, the disruptive tech start-up that has become the first non-legacy sportsbook to gain market access in the US, has announced a new funding round ahead of its roll-out across the nation.
– The Vegas-headquartered online sportsbook and mobile app, designed for sports fans who want to feel the buzz of the bleachers when they bet, will debut in Iowa next month and expand to four states by the end of 2021.
– BettHouse will focus investment on IP development and the pursuit of market access in jurisdictions where sports betting is legalized or where legislation is pending. This includes multiple US states and Canada, where Federal Government-backed legislation to end restrictions on single-event sports wagering is progressing.

eSports Europe Gambling

Rivalry Raises US$20M in Funding

– Rivalry, a Toronto, Canada-based internationally-regulated sports betting and media property, raised US$20m in funding.
– The round was led by institutional investors from Canada, the United States, the European Union, and a major gaming operator.
– The company intends to use the funds to scale its operations and country licencing program.
– They plan to pursue a potential going public transaction which it expects to complete this year.

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