Betgenius Attracts Fresh Investors (update)

As it undergoes restructure

On the back of an announcement to rebrand and restructure (see previous InfoPowa report), BetGenius' new parent company Genius Sports Group (GSG) has closed a debt partnership with Three Hills Capital Partners (THCP).
The private equity firm will invest GBP 10 million through a combination of debt and equity to enable GSG room to diversify its product range, expand into new territories and finance strategic acquisitions.
"The future continues to look positive for the Group and we have aligned our objectives to match anticipated movements in both the sports and betting industry sectors," said Mark Locke, chief executive officer of Genius Sports Group. "The investment from Three Hills Capital Partners allows us to meet our goals much faster than would otherwise have been possible."

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.

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