SectorWire
SearchGet the daily briefing
Menu

BetHog raises $10 million Series A to develop AI live-dealer platform

Funding

BetHog raised $10 million in a Series A co-led by Will Ventures and RockawayX, bringing its total capital raised to $16 million, the company said. It plans to use the funding to expand its AI live-dealer technology and launch Sentient Studios, a business-to-business platform for casino operators. The platform is described as operating on a revenue-share model without setup fees or fixed contracts.

The funding and revenue-share model support BetHog’s planned supply of AI dealer experiences to casino operators.

Connections

Request a correction

Keep reading

Regulation

New York special master orders KKR and Shamrock to submit FanDuel records

A New York special master ordered KKR and Shamrock Capital to submit select privileged communications for confidential in camera review in a lawsuit brought by FanDuel co-founder Nigel Eccles and more than 100 co-plaintiffs. Special Master Alan Scheinkman's 33-page order limits the review to FanDuel's pre-sale valuation, the firms' drag-along rights and the founders' expected payout. The order stops short of ruling that the defendants breached fiduciary duties under Scots law.

Continue reading