Tag Archives: investment

Activist investors could trigger Bwin.party break-up

Activist investors SpringOwl Gibraltar Partners B have agreed in principle to acquire 6.1 per cent of Bwin.party’s share capital, fuelling rumours that the company is on the verge of being broken up to realise value for shareholders. SpringOwl is buying the shares from Emerald Bay Limited and Stinson Ridge Limited, companies connected with Bwin.party founders Ruth Parasol DeLeon and Russell …

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FSB Technology Closes £2.6M in Funding

 Real-time sportsbook platform provider FSB Technology (UK) Ltd. has announced the successful completion a £2.6 million funding round. The investment was led by Mark Blandford, the founder of Sportingbet and one of the gaming industry’s most respected investors. FSB is co-founded by David McDowell and Sam Lawrence. McDowell was also co-founder of newly listed GameAccount Network, where Lawrence was CTO. …

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Endemol Invest $13m in Plumbee

Entertainment publishers Endemol have announced a stage investment in London social gaming start-up Plumbee. Endemol have invested a sum of $13m in the latest round ofstage funding for the social casino gaming digital start-up. Existing venture capitalist investors – Paris based Idinvest Partners have also participated in this round, Plumbee is now valued at $40m. The investment set by  Endemol, will see …

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Betfred Partners with Racing Post Greyhound TV

Manchester based iGaming operator Betfred has agreed to become a shareholder of Racing Post Greyhound TV – RPGTV, the dedicated live pay broadcasting service of UK betting and racing newspaper – the Racing Post. The partnership will see Racing Post Greyhound TV available through Betfred subsidiary Totepool in Betfred’s +1500 UK based retail outlets. The service will also be available …

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Social Gambling New Venture Gaming Realms To Begin Trading

New social gaming/gambling venture Gaming Realms part of is to begin trading on the London AIM Stock Market tomorrow morning. The new social gaming venture set-up by ex Foxy Bingo founders Simon Collins and Patrick Southon consisting of a £12m reverse takeover of social gambling operators Gaming Realms, BeJig and Alchemy Bet will begin trading on the Alternative Investment Market, …

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