minority investment
Serent Capital takes minority stake in casino software provider Casino Cash Trac
The investment brings a new minority investor and growth-team support to a supplier serving casino operators.
Funding Page 8
convertible notes
Bally’s proposes A$250m convertible-note funding for Star Entertainment
Star’s unaccepted funding proposal could provide capital while giving Bally’s a controlling stake if the convertible notes convert.
seed
Fluid raises seed funding from SpikeUp Media, Xace and Ben Robinson
Fluid’s seed funding is intended to advance product development, expand its team and strengthen its global presence.
Office of Responsible Gambling offers NSW research fellowship worth up to A$480,000
The closed fellowship offered support for research into gambling harm prevention and minimisation in NSW.
Source: Liquor & Gaming NSW
debt facility
MGM China reportedly seeks $2 billion loan for Macau expansion
The reported borrowing would finance MGM China’s planned property expansion and diversification in Macau.
Xanada Investments offers $50,000 to winning iGaming startup
Eligible iGaming startups can apply for the stated equity investment before the 1 April deadline.