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Ho Iat Seng: Macau concessionaires need time to try and test effectiveness of non-gaming investments

November 17, 2023 - The Chief Executive of Macau, Ho Iat Seng, told the Legislative Assembly on Wednesday that the non-gaming investment programs of Macau’s six concessionaires would not be effective immediately, and appealed... Read more »

Hubert Wang: Macau must avoid repetitive non-gaming investments

November 15, 2023 - Macau’s concessionaires should avoid “repetitive” investments and focus instead on establishing a unique positioning if they are to see true benefits from their mandated non-gaming spend, according to MGM China... Read more »

Expoxy.ai secures investments from SeventySix Capital, Andover Ventures

July 31, 2023 - Epoxy.ai Monday announced it has secured a multi-million-dollar investment round led by SeventySix Capital and Andover Ventures, with other investment funds also participating. The investment round comes after the June... Read more »

Atlantic City investments a must as New York casinos loom, gaming panel says

April 25, 2023 - As speculation grows that challenges for the resort are coming with New York City casinos, city gaming executives see investments as a way to fend off competition. “We’ve always been... Read more »

Courtside Ventures $100M fund targets sports- and betting-related investments

January 22, 2023 - Venture capital firm Courtside Ventures announced the close of its third fund Thursday, with $100 million coming from people including owners, athletes and industry executives. Courtside—which has previously invested in... Read more »

Crucial summer for Atlantic City starts with new investments

May 26, 2022 - ATLANTIC CITY, N.J. (AP) – This summer is a crucial one for Atlantic City as it tries to recover lost business during the third year of the coronavirus pandemic, and... Read more »

Cardinal Sports, Hot Paper Lantern form $100M startup accelerator to support investments in sports betting, tech

May 1, 2022 - Financial services business Cardinal Sports Capital and marketing firm Hot Paper Lantern Digital Sport are combining efforts into an accelerator program that will, in part, help Cardinal invest up to... Read more »

Yolo Investments finalises equity investment in Enteractive

April 12, 2022 - Yolo Investments has completed an equity investment in igaming retention and reactivation firm Enteractive, which amounts to several million euros for a non-controlling interest equity stake. Founded by entrepreneur Tim... Read more »

Sportradar halts new Russian investments as CEO remains mum on holdings in earnings call

March 30, 2022 - Heading into Sportradar’s quarterly earnings call Wednesday, there was some concern among sports betting industry analysts that the global data provider might gloss over its business activities in Russia. With... Read more »

Video game wagering platform Challenger receives strategic investments

March 15, 2022 - SeventySix Capital announced Tuesday that it led a strategic investment in on-demand video game wagering platform Challenger. Other named investors announced Tuesday include Acies Acquisitions, a special purpose acquisition company... Read more »