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BETCONNECT SECURES FUNDING FROM INDUSTRY HEAVYWEIGHTS TO ACCELERATE GROWTH
BetConnect, the unique and disruptive exchange that has become one of the UK’s fastest-growing sports betting platforms, has secured funding from a consortium of heavy-hitting international investors. This pre-Series A round, validated by the backing of some of the industry’s most successful exponents, accordingly marks a significant milestone for the company, as it bids to expand its global footprint.
These influential industry figures comprise leading Australian sectoral specialist, Tom Waterhouse, CIO of Waterhouse VC; ex-Fox Bet CEO Robin Chhabra; and ex-Fox Bet Board Advisor and Grand Parade founder, Andy Clerkson. Yolo Investments, fronted by Tim Heath and fresh from winning Gaming Fund of the Year at this month’s Europe Gaming Awards, completes this formative funding round, bolstering re-investment from Candy Ventures whose support continues at every capital-raising stage.
The new financing will be used to accelerate BetConnect’s growth, both in the UK and internationally, supporting its technology and product roadmap over the next 12 months. Chhabra has also been appointed to the role of Strategic Business Advisor, leveraging his proven record of scaling businesses and leading some of the most consequential M&A deals at both William Hill and The Stars Group. His senior appointment underscores the company’s vision for the future.
Tom Waterhouse, CIO of Waterhouse VC, said: “BetConnect is at the forefront of a betting revolution that’s sweeping the industry. The Waterhouse VC Fund endeavours to generate capital growth by holding long-term strategic investments in companies that can reinvigorate tired thinking and disrupt the norm. The BetConnect model improves the experience for international customers, and can be flexibly adapted to accommodate blockchain assets and the inherent crypto benefits of better margins, lower transaction costs and faster withdrawals.”
Former Fox Bet CEO, Robin Chhabra, commented: “BetConnect has a genuinely innovative product that has been stress-tested in the UK’s ultra-competitive marketplace. Dan and his team offer a transformative vision and a super-agile platform which, combined with their ability to execute, sets BetConnect up for international expansion. For me, this investment constitutes an exciting strategic play in a company that has already laid the firm foundations to strike once exchange regulations do clearly coalesce across US states.”
Tim Heath, GP at Yolo Investments, added: “Yolo Investments has quickly gained a reputation as a natural home for early stage, high growth gaming businesses, and BetConnect absolutely fits the bill. The platform is already performing strongly in the UK, and with the backing of some of the biggest names in the industry, BetConnect is ready to take the next step. We plan to work closely with the BetConnect team, leveraging the Yolo Investments network, to help them along the way.”
Daniel Schreiber, Founder of BetConnect, concluded: “BetConnect’s growth over the last three years has been incredible and to have secured investment from such prominent industry leaders will accelerate this growth to the next level. The BetConnect platform already offers players the ability to choose from best odds from all major bookies. But this funding gives us the opportunity to develop new products and services to complement the core offering, keeping them all accessible and intuitive to the evolving demands of the end user. It also allows us to focus on a community-first approach which ensures that new developments will resonate with our users.”
2025 Gaming in Spain Conference once again brought together key stakeholders in Spain’s regulated iGaming industry.
If you were there, thank you for attending – also on behalf of our co-hosts Xavi Muñoz and ECIJA Law Firm!
Willem van Oort, Founder of Gaming in Spain, commented: “We are extremely pleased to have organized another successful Gaming in Spain Conference. All major stakeholders in Spain’s regulated online gambling market were present, as well as several experts from Brazil and other Latin American countries who highlighted the opportunities offered by these transatlantic markets. We almost can’t wait to see everyone again next year!”
In case you missed the event, full video recordings of key sessions are included below.
Mikel Arana, Director General, DGOJ: “Algorithms, advertising & deposit limits: Outlines and obligations”
The post VIDEO | Spanish, Brazilian regulator speak at 2025 Gaming in Spain Conference appeared first on European Gaming Industry News.
PG Soft, a world-class digital mobile games company, has unveiled its fantasy-fueled video slot, Dragon’s Treasure Quest. The game is presented within a 5-reel, 3-row frame and features expanding reels and multipliers.Players must track down hidden treasures while navigating through legendary lore to find Wilds and Scatters, represented by a dragon eye and treasure chest respectively.
The Dragon Wild symbol only appears on reels two, three, four and five, and substitutes for all symbols except the Scatter symbol. Four Scatter symbols found anywhere will trigger the Free Spins Feature with 15 free spins – each additional Scatter symbol will trigger two more free spins. It’s possible to retrigger Free Spins.
At the end of every winning free spin, the total win for that spin is multiplied by both the multiplier at the bottom of the reels and the combined multipliers from the multiplier symbols on
the reels. Any multipliers collected during free spins will be accumulated and will remain at the bottom until the end of the Free Spins Feature.
Players can also take advantage of the Expanding Reel Window feature in Dragon’s Treasure Quest. At the start of each spin, all reels begin with three large reel windows. After each cascade, any reel window involved in a winning combination is split into two smaller windows—boosting the number of ways to win with every round.
A final element is the Multiplier symbol which is in play for any spin within the main game. One or more Multiplier symbols with values ranging from x2 to x100 may appear on the reels. At the end of the spin, all multipliers from the Multiplier symbols on the reels will be added together, and the total win for that spin will be multiplied by the total multiplier. The Treasure Chest may randomly add additional Scatter symbols if there are 1, 2 or 3 Scatter symbols present.
PG Soft’s spokesperson commented: “Dragon’s Treasure Quest delivers an action-packed reels adventure packed with exciting moments as players spin through a magical realm. Dragon’s Treasure Quest captures the spirit of heroic quests and the fiery power of dragons, keeping the adrenaline red hot with every spin.”
The post PG Soft releases fantasy-fueled Dragon’s Treasure Quest appeared first on European Gaming Industry News.
GAMOMAT, one of the leading independent German software developers for slot games, has released Roman Legion Flaming Link, the latest addition to join the line-up of its hugely successful Flaming Link series. This imperious 5×3 slot marches players straight to the heart of the Roman Empire, where legionnaires must vie for victory.
Following the popular Roman Legion, one of GAMOMAT’s most iconic titles, Roman Legion Flaming Link is set to conquer players’ hearts thanks to its Flaming Link Hold & Respin feature, which introduces dynamic Multiplier Zones and Fire Orbs. The series launched earlier this year to great fanfare with Ramses Book Flaming Link.
At the heart of the title is the ferocious Flaming Link feature—a classic Hold & Respin mechanic with an added dimension: every feature round randomly selects four Multiplier Zones. Players will always feel part of the action—not only is there a fullscreen bonus, but also smaller milestones that build anticipation along the way.
Five Fire Orbs will ignite the bonus round, where potentially Fire Orbs may appear. At the end of the respins, all activated multipliers are applied to the Fire Orbs within their respective zones. The values of all visible Fire Orbs are then calculated as the final win, which has the potential payout of 12,100x the total bet. No additional bets are needed as the feature is always enabled.
10 free games will start, when three heroic horsemen ride onto the reels. Once the feature is live, any Sticky Wild Legionnaire remain locked in position to enhance the chances of rich returns. A menacing, cinematic score creates an intense and engaging experience where every spin counts.
GAMOMAT is releasing Roman Legion Flaming Link via its Remote Gaming Server, G‑RGS, and through the Bragg HUB.
Check out a preview of the game by following this link: https://vimeo.com/1086691026/3244baae26
The post GAMOMAT releases Roman Legion Flaming Link appeared first on European Gaming Industry News.
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