Latest News
Sharp Alpha Closes Fund II With Over $25 Million To Back Sports, Gaming, Entertainment Startups
Sharp Alpha Advisors announced the closing of Sharp Alpha Fund II, an oversubscribed $25 million venture capital fund investing in early-stage sports, gaming, and entertainment businesses.
Existing investments in Fund II include C15 Studio, which recently emerged from stealth mode as the operator and distributor of Formula 1’s new streaming channel. Previous investments include Almost Friday Media, Jackpot.com, and Betcha (acquired by Vivid Seats).
The fund targets seed investments ranging from $1 – 2 million. Sharp Alpha also operates a co-investment vehicle that provides limited partners the ability to invest additional capital in select deals alongside the fund.
Managing Partner Lloyd Danzig was recently named to Business Insider’s Top Venture Capitalists in Sports and ELG’s 40 Under 40. He is frequently featured by CNBC, The New York Times, and The Wall Street Journal.
The fund is backed by public companies, US fnancial institutions, pro sports team owners, family offces, top venture capitalists, and funds of funds, among others.
According to Danzig, there is a signifcant opportunity at the intersection of sports, gaming, media, and technology. “The competitive entertainment category is experiencing exponential growth but at the same time is desperate for innovation that early-stage companies are best positioned to supply.”
The fund has exceeded its $25 million capital raise target and expanded the size of its deal team.
Commenting on current market conditions, Danzig explained, “we are entering the most favorable period in the last 15 years to bet on great founders.”
Sharp Alpha’s advisory board includes Keith Horn, founder of Loring Capital Advisors and former COO of Elliott Management and Global Head of Leveraged Finance at Merrill Lynch; Emanuel Pearlman, the former Chairman of Empire Resorts and board member at several public companies; Daniel Bernard, Founder and Chairman of Redwood International Sports; Roy Behren, the President and Chief Investment Offcer of a $5.2 billion asset manager; and Don Kornstein, the Vice Chairman of Caesars Entertainment and former executive at numerous successful gaming companies.
In addition to investment capital, the frm provides portfolio companies with a suite of resources and opportunities spanning fundraising, revenue generation, brand awareness, commercial strategy, fnancial planning, and product development.
Latest News
SPOTLIGHT SPORTS GROUP RELEASES WORLD CUP 2026 BETTING OUTLOOK AS INDUSTRY PREPARES FOR SURGE IN FIRST TIME BETTORS
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New research reveals high intent to bet, major entry of first time bettors and rising demand for personalised, trusted content ahead of the biggest World Cup in history.
Spotlight has released its World Cup 2026 Betting Outlook, presenting new insights into how fans will watch, bet and engage across the expanded 48 team, 39 day tournament.
Key findings show major shifts in fan betting behaviour:
- 66% of planned bettors will be betting on the World Cup for the first time
- In the US this rises sharply to 90%, signalling significant entry of new bettors into the market
- 70% plan to place a bet, but only 7% feel confident doing so
- 44% say late night and early morning kick off times, particularly for UK fans, will push them toward more pre match betting
- 96% want personalised betting content tailored to their interests
- Social media is the least trusted source of betting insight
The research also highlights strong enthusiasm for the expanded tournament format itself, with 93% feeling positive about the 48 team structure and 86% planning to stay engaged throughout the full 39 day schedule.
Mark Langdon, Group Sports Director at Spotlight Sports Group, said: “The data shows that the 2026 World Cup will bring a huge wave of new and inexperienced bettors into the market. Operators that deliver simple onboarding, strong pre-match insight and personalised content will be best positioned to capture and engage this audience.”
The findings will be discussed in detail during Spotlight Sports Group’s SBC webinar Engaging Audiences During the 2026 World Cup on Thursday 4 December at 2pm GMT.
About the research
The survey gathered responses from 600 sports fans across the UK, US and LATAM.
The post SPOTLIGHT SPORTS GROUP RELEASES WORLD CUP 2026 BETTING OUTLOOK AS INDUSTRY PREPARES FOR SURGE IN FIRST TIME BETTORS appeared first on European Gaming Industry News.
Anton Ivannikov CPO at Playson
Playson debuts dynamic new feature in Tornado Power: Hold and Win
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Tornado Feature and dynamic Thunder Bonus Feature enrich both Main Game and Bonus play
Playson, the accomplished digital entertainment supplier, has unleashed a whirlwind of excitement with Tornado Power: Hold and Win, introducing a new Tornado Feature and enhanced payouts.
The 3×4, 10 payline slot features immersive visuals with old-school charm, as the untamed gameplay is further enhanced by a new Tornado Feature, which can be randomly triggered whenever a Thunder Bonus Symbol lands during the Main Game or Bonus Game.
Once active, multipliers of up to an impressive 20x may activate as well as Bonus Symbols to increase the likelihood of triggering the Thunder Bonus Feature or Hold and Win Bonus Game.
When both a Bonus Symbol and Thunder Bonus Symbol lands on the reels, the Thunder Bonus Feature comes into action. The feature collects the values of all Bonus Symbols in play, including four in-game Jackpot Symbols, before adding them to the winnings for the spin in the Main Game or Total Win in the Bonus Game.
Landing at least one Bonus Symbol on each reel grants access to the Hold and Win Bonus Game, where players benefit from only Bonus and Thunder Bonus symbols for the entirety of the round. In a striking twist to bonus play, up to four Thunder Bonus Collect symbols can land on the centre reel, further amplifying the win potential on offer.
Additional entry to the Bonus Game is also boosted by the Pile of Gold Feature. Any Bonus Symbols that land on the reels during the main game can randomly trigger the feature, which sees Bonus and Thunder Bonus Symbols added to the grid in quantity enough to activate the Bonus Game.
This latest release demonstrates Playson’s ability for developing unique mechanics that enhance player engagement based on data-driven insights.
Anton Ivannikov, CPO at Playson, said: “Tornado Power: Hold and Win showcases our commitment to elevating the Hold and Win experience with engagement-boosting mechanics that genuinely move the needle. The new Tornado Feature introduces a fresh layer of dynamism to gameplay, giving players more ways to interact with bonus elements and enjoy heightened win potential.
“It’s a strong reflection of our data-led approach to development, and we’re confident it will resonate across a variety of markets.”
The post Playson debuts dynamic new feature in Tornado Power: Hold and Win appeared first on European Gaming Industry News.
Amusnet Italy
Amusnet Italy Reaffirms Industry Commitment as Headline Sponsor of EGR Italy Awards 2025 for Second Consecutive Year
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Amusnet Italy proudly participated as the Headline Sponsor for the EGR Italy Awards 2025 on November 21. Supporting this prestigious event for a second consecutive year reaffirms the provider’s commitment to the industry and celebrates the collective achievements of the Italian market.
Prior to the gala, Amusnet Italy participated in the EGR Italy Briefing, joining leading executives to discuss critical topics, including the new licensing regime and responsible gambling. The company was excited to play an active role in shaping insights that inspire progress across the sector.
“Our presence in the region continues to evolve, shifting from supplier to a strategic partner. With an ever-growing game catalog and launching new competitive bonus platforms, we remain dedicated to driving mutual success and strengthening our standing as a leading force in the Italian market,” said Polina Nedyalkova, Director at Amusnet Italy.
During the awards ceremony, Polina had the honour of presenting the accolades for Operator of the Year and Casino Operator, underscoring the company’s close collaboration with the industry’s top performers.
The EGR Italy Awards celebrate the very best of the Italian iGaming sector since 2014, recognising and rewarding Operators, Affiliates and Service providers that have led the way in the past 12 months in terms of innovation, sustainability, customer experience and product development.
The post Amusnet Italy Reaffirms Industry Commitment as Headline Sponsor of EGR Italy Awards 2025 for Second Consecutive Year appeared first on European Gaming Industry News.
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