Press Releases

UK betting technology supplier 20SHOTS accelerate funding with £400,000 raise at £5m valuation

Published

3 years ago

August 15, 2022

Zoltan Tundik

Reading Time: 3 minutes

20SHOTS have geared up for the new football season in the UK by securing additional investment in a second funding round, including securing the backing of US VC Animal Capital
New season will see new product rollout for popular Fantasy5 free-to-play fantasy football game, covering Champions League, Europa League and other European top flights
Current growth trajectory sees Fantasy5 on course to recruit half a million players this season

20SHOTS, the UK technology supplier behind fast-growing free-to-play fantasy football game Fantasy5, have secured an additional £400,000 of investment at a £5 million valuation, with backers including Gen-Z focused US Venture Capital fund Animal Capital.

The American fund that counts social media stars Josh Richards, Griffin Johnson and Noah Beck focus on products that reach a new generation of customers. They have invested an undisclosed sum in 20SHOTS for the new football season, which will see the platform roll out its largest range of products added to its Fantasy5 game to date.

Fantasy5’s Premier League product, which uses a unique points system developed in-house based on fantasy football, offers cash prizes to winners who can successfully predict how well players will perform per gameweek.

Using their own risk management system and algorithmic trading software, the company will now look to supplement this with additional games covering the Champions League, Europa League and other top European leagues.

The roll out of additional leagues coupled with Fantasy5’s existing growth – bolstered last season by the recruitment of BoyleSports as its first tier one UK & Ireland bookmaker partner – keeps the game on course to break the 500,000 player mark.

Prizes for the additional leagues will remain at the standard £10,000 mark, as offered to Premier League players, and offer partners an increase in engagement and retention. 83% of players who played in the last four rounds last season have made an entry in the first two weeks. The investment in Fantasy5 also comes in advance of the Government’s highly-anticipated White Paper review of the gambling industry, which is likely to see traditional marketing practices come under scrutiny, creating additional need for operators to engage customers beyond traditional channels.

Jacob Kalms, co-founder and CEO of 20SHOTS said: “We’re pleased to welcome Animal Capital as investors as part of our most recent founding round which has raised £400,000 in capital.

“As demand grows in the ultra-competitive free-to-play space, we’re investing in our ability to quickly and seamlessly roll out products and games on a white label basis for a number of different partners across multiple divisions and competitions – with the ultimate objective of using the technology seamlessly across the most popular sports worldwide.

“Our growth model forecasts we will break the half a million player mark this season, with our scaling driving down the cost of acquisition for partners whilst maintaining our engagement, dwell and retention rates considerably above industry averages.”

He added: “Operators should also be considering how free-to-play and softer marketing funnels like those offered by games like Fantasy5 will help them navigate any changes thrust upon them by the upcoming gambling review. Whilst our audience is ultimately commercially valuable to any operator or affiliate, Fantasy5 remains a sustainable way to build a loyal audience over time.”

Marshall Sandman, Managing Partner of Animal Capital said: “In a crowded market of fantasy, free to play, and pay-to-play sports betting, 20SHOTS distinguishes itself with a best in class team and direction that has allowed the product to stand out distinctly and early.

“Their flagship game Fantasy5 is an early hit, their B2B relationships are uniquely positioned to make this an exciting asset and their ability to resonate and be sticky with a younger audience are all reasons why we were excited to be on the journey.

“Jacob the CEO and his team have conviction and direction, and they will continue to prove why they deserve to be big fish in this pond!”

Arizona Department of Gaming

Arizona Sports Betting Hits New Record: $967 Million Wagered in October 2025

Published

4 minutes ago

January 7, 2026

Wladimir P.

arizona-sports-betting-hits-new-record:-$967-million-wagered-in-october-2025

The Arizona Department of Gaming (ADG) has released its sports betting report for October 2025, revealing a record-breaking month for the Grand Canyon State. Total wagers reached approximately $967.1 million, marking a significant 22.2% increase year-over-year and a 13.6% jump from September 2025.

This performance solidified Arizona’s position as a top-tier U.S. betting market, ranking 6th nationally in total handle for the month, just behind Pennsylvania.

October 2025 Performance Breakdown

The surge in betting activity was driven almost entirely by mobile operators, which accounted for 99.4% of the total handle.

Total Handle: $967,141,269 (New State Record)
Mobile Wagers: $961.4 Million
Retail Wagers: $5.7 Million
Gross Revenue: $82.0 Million (Before promotional deductions)
Privilege Fees (Taxes): $5.2 Million collected by the state.

Top Operators by Market Share

The “Big Three” continue to dominate the Arizona landscape, with FanDuel and DraftKings locked in a tight battle for the top spot.

Operator	October Handle	Mobile Handle	Adjusted Revenue
FanDuel	$317.1 Million	$317.1 Million	$13.4 Million
DraftKings	$297.8 Million	$293.7 Million	$22.7 Million
BetMGM	$102.9 Million	$102.0 Million	$5.0 Million
Fanatics	$88.2 Million	$88.2 Million	$4.8 Million
bet365	$55.0 Million	$55.0 Million	—

Note: While FanDuel led in total amount wagered (handle), DraftKings reported the highest adjusted revenue for the month at $22.7 million.

Fiscal Year-to-Date (FY26) Summary

Through the first four months of the 2026 fiscal year (July–October), Arizona has generated substantial revenue for state funds:

Total Privilege Fees: $20.7 Million
Event Wagering Fees: $20.2 Million
Fantasy Sports Fees: $462,576

The ADG also noted its continued focus on player protection, recently launching the “Too Young to Bet AZ” initiative to combat underage gambling and revoking Underdog Fantasy’s license due to concerns over its prediction market offerings.

The post Arizona Sports Betting Hits New Record: $967 Million Wagered in October 2025 appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Family Feud Lottery

Scientific Games Unveils “GAME SHOW EXPERIENCE”: A Multi-Million Dollar Omnichannel Linked Game

Published

4 minutes ago

January 7, 2026

Wladimir P.

Scientific Games Unveils “GAME SHOW EXPERIENCE”: A Multi-Million Dollar Omnichannel Linked Game

Scientific Games, the global leader in lottery games, has officially launched GAME SHOW EXPERIENCE. Announced on January 6, 2026, this new omnichannel “Linked Game” leverages the massive brand equity of three iconic Fremantle television properties to offer players across the United States a chance to win up to $10 million in cash.

This launch follows the company’s proven strategy of combining retail tickets with digital second-chance opportunities to drive incremental sales for state lotteries.

The Brands: TV’s Powerhouse Lineup

The promotion features a “triple-threat” of game show nostalgia and modern popularity, specifically chosen after a 2025 consumer study confirmed their high purchase intent across all demographics:

THE PRICE IS RIGHT: Television’s longest-running game show, celebrated for over five decades of Emmy-winning entertainment.
FAMILY FEUD: Currently the #1 rated syndicated show for adults 25-54, celebrating its 50th anniversary in 2026.
PRESS YOUR LUCK: A high-stakes favorite known for the legendary “Whammy” and strategic gameplay.

The Prize: An Exclusive Hollywood Experience

Lucky winners from participating U.S. lotteries will be awarded a “Linked Game” experiential prize package that takes them to the heart of the entertainment world:

Host City: Los Angeles, California.
Date: Fall 2027.
The Trip: A five-day, four-night “white glove” experience in the entertainment capital.
The Highlight: Winners will attend a live taping of The Price is Right as special guests.
The Event: Following the taping, the lottery winners will take center stage on the iconic set for a private GAME SHOW EXPERIENCE event, where they will compete for a share of up to $10 million.

Omnichannel Strategy and Market Impact

Scientific Games pioneered the “Linked Game” concept in 2007. To date, these programs—including hits like Willy Wonka and Deal or No Deal—have generated more than US$6.6 billion in retail value.

Feature	Details
Game Formats	Instant Scratch, Fast Play, and Digital (iLottery)
Prize Cap	Up to $10 Million
Target Audience	Omnichannel (Retail & Digital players)
Producer	Scientific Games in partnership with Fremantle

“The incredibly broad appeal of these classic TV game show brands makes the GAME SHOW EXPERIENCE a perfect promotion for lottery, bringing to life the surprise, joy, and wins that players love,” said Tina Hoover, VP of Licensing for Scientific Games.

The post Scientific Games Unveils “GAME SHOW EXPERIENCE”: A Multi-Million Dollar Omnichannel Linked Game appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

BetHero

BetHero Launch: Tackling Player Acquisition and Churn in 2026

Published

5 minutes ago

January 7, 2026

Wladimir P.

bethero-launch:-tackling-player-acquisition-and-churn-in-2026

BetHero has officially announced the public launch of its mobile-first engagement layer, a strategic solution designed to address the iGaming industry’s most pressing twin challenges: skyrocketing acquisition costs and record-high player churn.

Already gaining massive momentum, BetHero has secured commercial agreements with several global operators and has been named a finalist for Mobile Sports Product of the Year at the 2026 International Gaming Awards.

Solving the “Leaky Bucket” Problem

In 2026, the iGaming market is more competitive than ever. Traditional sportsbooks and casinos are struggling with “leaky buckets”—spending heavily to acquire users only to lose them to complex interfaces or a lack of engagement.

BetHero’s platform is engineered to “plug the leaks” by introducing a simplified interaction model specifically for casual users. It integrates into existing tech stacks in just a few days, either as an add-on to a sportsbook or a turnkey entry point for casinos looking to offer sports betting without a full custom build.

“We didn’t want to tell the market that BetHero is different — we wanted to show it,” said Logan MacGillivray, CEO of BetHero. “Operators need immediate solutions… BetHero gives them a new solution to solve those challenges by helping them bring in more players and keeping them active longer.”

Core Features of the BetHero Platform

BetHero acts as a white-labeled engagement layer that matches an operator’s specific brand and regulatory compliance needs.

Mobile-Native UI: Designed for high speed and extreme ease of use, removing the friction typically found in “data-heavy” betting apps.
Social Mechanics: Features designed to drive sharing and community-led engagement, a key trend for the Gen-Z and Millennial demographics in 2026.
Free-to-Play (F2P) Entry: Low-barrier experiences that allow players to build confidence before naturally converting to real-money play.
Turnkey Flexibility: Can be deployed as a stand-alone layer for casinos or integrated into a complex sportsbook ecosystem.

The post BetHero Launch: Tackling Player Acquisition and Churn in 2026 appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.