Scout Gaming Group has reported a 127.5% year-on-year increase in third quarter revenue, while the fantasy sports software supplier was able to significantly reduce its net loss for the period.
Venture capital fund Vereeni Investments has acquired a stake in India-facing fantasy sports operator Nostragamus for an undisclosed, seven-figure sum.
Gambling.com Group has reported a 52% year-on-year increase in revenue for the first quarter of 2019, with the affiliate marketing giant to invest in the development of products for the US market in the year ahead.
Venture capital fund Vereeni Investments has acquired a majority stake in Australian daily fantasy sports operator Moneyball. Terms of the deal have not been disclosed, but Vereeni has said the purchase represents a seven-figure investment.
Paddy Power Betfair has seen its 2018 revenue grow as a result of the acquisition of FanDuel and an improved performance by the Paddy Power brand in the UK market, though the US investment has also hit full-year profits.
Boom Fantasy has closed a $2m (€1.8m) Series Seed round, while the firm has also acquired the primary assets of daily fantasy sports (DFS) rival Draftpot.
Atlantis Gaming Corporation (AGC), the company that is set to launch the first federally-approved online betting and daily fantasy sports (DFS) platform in the US, is planning to float on the stock market.
Full-service mobile technology and marketing company SinglePoint has finalised its purchase of an interest in daily fantasy sports (DFS) provider DraftFury.
Sports and entertainment technology firm Gaming Nation has cited the impact of transaction acquisition costs as the main reasons behind a net loss of $23 million (€20.4 million) during the 12 months to December 31, 2015.
US-based Fantasy Aces Daily Fantasy Sports Corp. has entered into a business development partnership with Cameron Thomson Group (CTG), a services provider to the media and gaming industries.
