![]() ![]() The transaction is expected to close in the first quarter of 2023. ![]() They also cover global events much quicker than others, providing early Women’s World Cup odds and men’s World Cup odds, a host of T20 World Cup futures markets, and Australian-focused markets. PlayUp holds online betting licenses in multiple jurisdictions and currently operates in Australia, New Zealand, India and several regulated states in the US PlayUp intends to continue to aggressively pursue its expansion strategy in the US and around the globe. PlayUp also has a market-leading range of betting markets, as well as an option to play fantasy sports, thanks to the integration with Draftstars. Given that the hardest part of establishing a global betting product is regulation and licensing, IGAC believes that its principals’ expertise in shaping regulation, combined with PlayUp’s proprietary and advanced platform, creates a compelling partnership. PlayUp’s gross revenue has grown 56% year-on-year as of June 30.Īfter almost two years of looking at a vast number of industry players, the IGAC team concluded that PlayUp was the company most likely to succeed over the long term. Founded in 2014, PlayUp builds its own integrated technology platform where consumers can engage in various forms of betting, including daily fantasy, sports betting, slots, table games, casino games, Esports, lottery and sweepstakes. New PlayUp users can take advantage of a 100 free bet by depositing and wagering 100 with bets of -500 odds or longer. ![]()
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