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Krafting a new eSports investment opportunity
04

May

Krafting a new eSports investment opportunity

The founder of eSports League (ESL) and eSports data service DOJO Madness, Jens Hilgers, has launched a pro-gaming specific investment fund which will invest and incubate eSports startups.
AI and IoT Make Inroads Into Insurtech
05

Apr

AI and IoT Make Inroads Into Insurtech

Recently, consulting agency Accenture’s London-based FinTech Lab published a report which investigates the insurtech scene and some of the investment that has been taking place around it. In the paper, more than 450 deals between 2014 and 2016 were analysed, resulting in the identification of a significant focus on technology such as IoT, AI and analytics claiming over half the deals in 2016 and over 70% of the total insurtech investment value, which amounted to US US$1.7bn worldwide.
123gaming goes the crowdfunding route with Seedrs
22

Mar

123gaming goes the crowdfunding route with Seedrs

Racing pools operator 123gaming has become the latest gambling-related company to set upon a crowdfunding campaign via the Seedrs platform after announcing it would be seeking to raise £1m to help fund a UK launch.
PPB and the Mythical Man Hour
17

Mar

PPB and the Mythical Man Hour

During the analyst conference call accompanying Paddy Power Betfair’s 2016 annual results statement in early March, chief executive Breon Corcoran gave an interesting answer to a question regarding the developmental firepower now at the company’s disposal.
WantMyBet crowdfunding failure reflects sector difficulties
09

Nov

WantMyBet crowdfunding failure reflects sector difficulties

Social betting and tipping site WantMyBet failed in its bid to crowdfund its business via a campaign on the Seedrs platform, reflecting the difficulties faced by the crowdfunding sector in the UK this year. WanyMyBet launched a crowdfunding effort in the summer to raise over £200,000 for a pre-money valuation of around £1.7m. The effort failed to ignite the necessary investor interest and founder Olly Joshi told GamCrowd it was partly due to issues around timing.

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