Latest News
BeyondPlay raises €5M in oversubscribed funding round
BeyondPlay, the B2B start-up developing next-generation engagement software for online gaming operators, has raised a further €5M (EUR) from a wide range of influential investors.
The round was led by Bettor Capital, an early-stage venture capital fund based in the United States that focuses on software and technology providers in the real-money gambling industry.
Further backing comes from Tigrim Capital, Winforton Investments and selected other firms, complementing reinvestment from existing shareholders. The round has also attracted seasoned industry professionals, such as Feda Mecan, Mark Blandford and Alexandre Tomic, widely recognised for their track record of investment in successful ventures, including Alea Gaming, BlueRibbon, Fliff, Future Anthem, Gaming Realms and KaFe Rocks.
Following the funding round, the BeyondPlay board has been strengthened by the addition of David VanEgmond, Founder and CEO at Bettor Capital, previously in senior leadership roles at Barstool Sports and FanDuel, to an already powerful line-up that includes Daniel Burns of Oakvale Capital.
The investment will underpin BeyondPlay’s ongoing product development program, with a focus on delivering the final phase of its innovative Multiplayer software and expanding the product offering with new features and forays into new verticals.
In addition, funds will support the growth of the BeyondPlay team ahead of the multiple operator launches planned for 2023/24, as well as driving further market expansion, with a particular focus on entering North American jurisdictions.
Karolina Pelc, Founder and CEO of BeyondPlay, said: “This is another major milestone for BeyondPlay, and we’re excited to have secured the confidence and support of such reputable and knowledgeable investors.
“A combination of Bettor Capital’s leading strategic expertise and the mindsets and experience of some of the industry’s most successful serial entrepreneurs will take our growth to the next level.
“Exceeding our funding target is a testament to the hard work and dedication of the BeyondPlay team. Innovation requires a willingness to take risks, so I am very happy to see that our increasing momentum towards product and client launches is recognised and trusted by both new and existing investors alike.”
David VanEgmond, Founder and CEO at Bettor Capital, added: “BeyondPlay continues to innovate, developing exciting technology for the online casino market. The company’s software provides more fun and engaging experiences to consumers through jackpots and emerging multiplayer capabilities that make any content playable with friends.
“We are thrilled to back BeyondPlay’s team of experienced industry professionals, including a founder and leader in the online casino space like Karolina, as the company takes its next steps in its journey to launch.”
In March 2023, BeyondPlay secured a Remote Casino Host and Gambling Software Licence from the British Gambling Commission, in addition to the B2B Critical Supply Licence from the Malta Gaming Authority the start-up has held since December 2022. Further licence applications are currently ongoing as the start-up prepares for the first of many of its upcoming operator launches.
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Angela Bernhard Thomas
CAPCOM’S STREET FIGHTERTM 6 GOING TO COLLEGE THIS FALL
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Clark County
Clark County residents can bring a friend for free to next week’s Super Bingo $160,000 tournament at the Plaza Hotel & Casino, May 6-8
Home to downtown Las Vegas’ only bingo room, the Plaza Hotel & Casino is offering Clark County, Nevada residents who register to play in next week’s Super Bingo tournament the opportunity to bring a friend for free.
Happening Monday, May 6 through Wednesday, May 8 in the Plaza’s expansive ballroom, Super Bingo is expected to draw nearly 1,000 people from the local Las Vegas valley and across the country and Canada for the opportunity to win big playing fun-filled games of bingo over two days, with a $50,000 super coverall both days while socializing with like-minded bingo players.
Bingo-only registration is $160 per person, and Clark County residents who register can bring a friend for free. Registration is available online at https://www.plazahotelcasino.com/bingo/super-bingo-registration/. Hotel-and-bingo packages start at $300 for a four-night stay with no resort fee.
All Super Bingo players receive one 6-on paper pack for both days, two daubers, free drinks via an open bar at all sessions, boxed lunch both days, and $10 in free slot play after the first day’s session.
The Plaza’s Bingo room offers six daily bingo sessions at 11 a.m., 1 p.m., 3 p.m., 5 p.m., 7 p.m. and 9 p.m. and is located on the 3rd floor. By parking on the third floor of the Plaza’s self-parking garage, guests have convenient and direct access to the Plaza’s bingo room and parking is validated for bingo players.
Gambling in the USA
Kambi Group plc extends Mohegan partnership with on-property sports betting agreement in Pennsylvania
Kambi Group plc (“Kambi”), the world’s trusted sports betting partner, has agreed a long-term on-property sportsbook partnership with Mohegan to provide its award-winning sportsbook at two retail locations in the state of Pennsylvania.
The partnership will see Mohegan utilise Kambi’s cutting-edge retail sportsbook offering across more than 20 kiosks in sportsbook locations at Mohegan Pennsylvania and Mohegan Pennsylvania at Lehigh Valley Race and Sportsbook.
The deal further strengthens Kambi’s relationship with Mohegan, which already utilises Kambi’s suite of sports betting products at ilani in Washington, as well as online and on-property in the Canadian province of Ontario at Fallsview Casino Resort and Casino Niagara.
Kristian Nylén, Kambi CEO and Co-founder, said: “With several successful partnerships with Mohegan already in place, we are pleased to agree this new partnership as we continue to build on our strong relationship.
“This latest deal further reinforces Kambi’s position as the sportsbook provider of choice for tribes across North America, and we look forward to our ongoing collaboration with Mohegan.”
Tony Carlucci, President & GM of Mohegan Pennsylvania, said: “Mohegan Pennsylvania is excited to continue utilising the same Kambi technology platform that existed under our Kindred partnership, which will help to create a seamless process as the Sportsbook at Mohegan Pennsylvania fully rebrands later this Spring.”
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