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iBankroll partners with MonkeyTilt on shared-risk sportsbook and casino service

Deals & M&A

iBankroll signed a shared-risk partnership with sports betting and casino operator MonkeyTilt, the companies said. The arrangement uses iBankroll’s Bankroll-as-a-Service model to absorb short-term volatility on high-stakes betting; the offer includes $1 million per-round blackjack limits, maximum slot winnings of $6 million and unlimited daily withdrawals.

The arrangement lets MonkeyTilt offer high betting limits without holding reserves to cover its portfolio, according to the announcement.

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