Network Gaming raises £1.25m in strategic funding

Network Gaming has raised £1.25m in strategic funding. Network Gaming now boasts an influential consortium of investors including Andrew Black (co-founder of Betfair), Robert Markwick (angel investor), David O’Reilly (CEO at Colossus Bets), Einar Knobel (CEO at TX Odds), Gary Otto (LA-based angel investor and owner of Sutton United FC) and Sandford Loudon (Partner at Oakvale Capital).

Andrew Black said: “I’ve felt for a while now that the betting landscape is ripe for change, and I’m delighted to be working with Network Gaming on a few fresh ideas.”

Network Gaming’s ongoing partnerships comprise operator Fitzdares, The Sun’s fantasy football offering of Dream Team, and talkSPORT whose popular sports news and analysis shows drive audience engagement across a number of live-broadcast platforms. While its product suite showcases games for football, horse racing and golf, this investment round will drive global growth and deliver more proprietary games across NFL, NBA, MLB, and the 2022 FIFA World Cup.

Harry Collins, CEO at Network Gaming, said: “We give customers the experience of a game, not just a bet. Moving up or down a leaderboard right until the final seconds of an event offers a different type of excitement to betting, one where enjoyment comes from competing against friends or other sports fans in a rollercoaster ride.

“We’re delighted to have an industry trailblazer like Andrew advising us on fresh ideas and to have the support of other experienced innovators for this step-change in Network Gaming’s evolution.”