Las Vegas-based gambling company GameCo has announced a financing round intended to accelerate the expansion of its business, including its footprint in esports betting.
The funding round, led by gaming technology companies Playtech and SpringOwl Asset Management, will fuel the design and provision of gaming products to drive new players and demographics to casino environments.
The capital infusion arrives one week after the company appointed Adam Rosenberg as its new Chief Executive Officer, filling in the role of former CEO Blaine Graboyes. The investment figure was not disclosed.