Black Cow Technology announced that it had completed a Series A funding round with JJK Partners, but did not disclose the amount. The company said the funding would support development of its Multiplayer Server technology suite; its first wave of slots and multiplayer table games is planned for Q2 2025.
Black Cow will use undisclosed Series A funding to develop its multiplayer technology and planned games.
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Kalshi secured $185m in Series C funding, valuing the company at $2bn post-money, the company said. Paradigm led the round, which also included Sequoia Capital, Multicoin Capital, Neo, Bond Capital and Peng Zhao; Kalshi said it would use the capital to expand engineering, infrastructure and broker integrations.
Midnite said it raised $10m in a Series B round led by Discerning Capital, the Raine Group and Play Ventures, with Venrex and Big Bets also investing. The company said it would use the funding to support UK growth; Discerning Capital partner David Williams will join its board.
The Juroszek family has increased its stake in Gentoo Media from 26.8% to 59.3% through a €100m refinancing package. Two family-owned entities bought €50m of equity through a share issue, with a further €50m provided as a loan; Gentoo Media chief executive Jonas Warrer said the completed refinancing would enable full repayment of bonds due in December.
The Juroszek family has gained majority control of Gentoo Media following a €100m debt refinancing, according to the source. The family's holding rose from 26.8% to 59.3%.
Genting Bhd proposed a MYR1.25 billion rights issue in early October, primarily to reduce debt and provide working capital, the company said. Lim Kok Thay’s family undertook to subscribe for its full entitlement, representing 45% of the issue; underwriting for the balance was still to be finalised. The proposal comes as Genting pursues US$5.5 billion and US$5 billion resort projects in New York and Singapore respectively.
Genting Bhd proposed a MYR1.25bn rights issue in early October, primarily to reduce debt and provide working capital. The source valued the proposed issue at US$306m.
The Office for Health Improvement and Disparities awarded more than £9.4m to gambling harms organisations in the UK, according to a report. Recipients include Gambling with Lives, Gamban, GamLearn, Chapter One and Beacon Counselling Trust; the funding page puts total provision through 2028 at £39.7m.
The Office for Health Improvement and Disparities (OHID) has awarded more than £9.4m to gambling harms groups, following legal challenges to earlier funding decisions, according to the report.