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Furthering its strategic growth plan for the U.S. market, PlayUp announced a trio of market access deals it has completed with Caesars Entertainment in which the company will be able to offer sports betting in Indiana and Iowa, along with iGaming in New Jersey pending regulatory approval.
PlayUp Announces A$12.5 million Placement Completion
02/22/2021 | 05:58pm EDT
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Sydney, Australia (ABN Newswire) - PlayUp Limited is pleased to announce it has successfully completed a significantly over subscribed private capital raising of A$12.5 million ( Capital Raising ).
The Capital Raising received very strong support from new and existing, institutional and high net worth investors, including several investors with a strong pedigree and track record in the betting entertainment industry.
The Capital Raising will fund the Company s launch and expansion into the US market.
PlayUp s CEO, Daniel Simic, commented: We are very pleased with the outcome of what has been a highly successful capital raising for the Company. We want to thank existing shareholders who participated in the Placement and welcome new investors to the register for the next stage of PlayUp s growth, being our launch into the US market.
PlayUp Announces A$12.5 million Placement Completion
PlayUp Announces A$12.5 million Placement CompletionSydney, Feb 23, 2021 AEST (ABN Newswire) - PlayUp Limited is pleased to announce it has successfully completed a significantly over subscribed private capital raising of A$12.5 million ( Capital Raising ).
The Capital Raising received very strong support from new and existing, institutional and high net worth investors, including several investors with a strong pedigree and track record in the betting entertainment industry.
The Capital Raising will fund the Company s launch and expansion into the US market.
PlayUp s CEO, Daniel Simic, commented: We are very pleased with the outcome of what has been a highly successful capital raising for the Company. We want to thank existing shareholders who participated in the Placement and welcome new investors to the register for the next stage of PlayUp s growth, being our launch into the US market.
PlayUp Acquires The Roar and AthletesVoice, Eyes IPO
02/01/2021 | 05:50pm EDT
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Sydney, Australia (ABN Newswire) - Premium entertainment and technology group, PlayUp Ltd., today announced the purchase of Australia s leading fan and athlete media platforms, The Roar and AthletesVoice.
Since developing Australia s first pay-to-play Daily Fantasy Sports (DFS) platform in 2015, PlayUp has become the number one DFS provider in Australia and the country s fastest growing wagering brand.
With over 300,000 registered clients generating annual turnover in excess of AUD$270m, PlayUp is now launching its own media and content marketing division to create a fully immersive entertainment experience for its users. The broadened offering comes at a time when the company is defining its go-to-market offering for expansion into the North American online wagering market, where it has secured licensing in multiple states.