Tag: Funding
Kalshi hits $2 billion valuation after latest funding round
Tarek Mansour, CEO of prediction platform Kalshi, announced in an X post that the company has closed a US$185 million funding round and is... more
Global luxury resort operator Cipriani bets on private credit to power its first casino
Nearly a century after opening Harry’s Bar in Venice, Cipriani is betting big on its next chapter: turning to private credit for a $190... more
Superbet nets €1.3 billion funding backed by Blackstone to pursue Giant Status
Superbet has announced that it has reached terms to secure a €1.3bn refinancing agreement to accelerate its strategic expansion. Deal... more
Bally’s completes announced deal with Standard General
Bally’s Corporation on Friday completed a previously announced transaction with Standard General and its affiliates including the Queen... more
Wynn completes Al Marjan Island resort financing via US$2.4 billion facility
Global casino operator Wynn Resorts has completed financing for its Wynn Al Marjan Island development in the United Arab Emirates after... more
SL Green’s $740M loan on building proposed for Caesars’s Times Square casino lands in special servicing
The $743 million loan tied to SL Green’s 1515 Broadway — the site of the office landlord’s casino bid — landed in special servicing... more
FDJ issues first bonds worth €1.5bn on Paris market
La Française des Jeux (FDJ) is set to launch its first bond issue to refinance the €2bn bridging loan the group took out to proceed... more
Defy the Odds aims at helping women, underserved groups, in the gaming industry
Sue Schneider, Paris Smith and Kelly Kehn have been in plenty of meetings where they were the exception, not the rule. Specifically with... more
Niche-sports gambling provider Pro League Network raises $2.2 million
Pro League Network, a company that provides betting services on niche sports, has raised $2.2 million from investors that include Roger... more
Bluberi closes on $55 million financing deal through Citizens
Las Vegas-based Bluberi Gaming USA Friday announced that it closed a $55 million financing facility, with Citizens acting as Left Lead... more
