Tag Archives: Tekkorp Capital

FansUnite gains $2m after firm ‘ticks all the boxes’ for Tekkorp

FansUnite gains $2m after firm ‘ticks all the boxes’ for Tekkorp

Tekkorp Capital has made its latest strategic investment, leading a non-brokered private placement of units in B2C and B2B sports betting firm FansUnite. Conducted at a price of $0.08 per FansUnite unit, the offering totals aggregate gross proceeds of $2m and sees Tekkorp acquire 13,750,000 financing units in FansUnite, corresponding to shares in the firm. The offering forms part of …

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Tekkorp reshuffles board and hires former William Hill US CFO as partner

Mark McMillan, Tekkorp

International gambling advisory group Tekkorp Capital has announced changes to its board, with President Robin Chhabra promoted to CEO. Matt Davey, the company’s founder, will now assume Chairman responsibilities, whilst Mark McMillan has also been confirmed as a new partner in the firm. Commenting on the board changes, Davey remarked: “Tekkorp Capital has grown rapidly over the last couple of …

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Betr favourite to win WA TAB licence as blockbuster launch looms 

betr

Betr, Matthew Tripp’s new sportsbook venture, is reportedly the front-runner for the coveted WA TAB operating licence, granted by the government of Western Australia.   Australian media reports that Betr is the ‘preferred suitor’ of the WA Gaming and Wagering Commission (DLGSC) to take charge of operating the WA TAB betting offices, ahead of Tabcorp and Entain. The Commission is reported …

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BetMakers’ Todd Buckingham: Future prospects positive as FY22 ‘closes with confidence’

SBC News BetMakers’ Todd Buckingham: Future prospects positive as FY22 ‘closes with confidence’

As the ink dries on a number of partnership contracts, BetMakers’ CEO Todd Buckingham is confident in the company’s financial future as FY22 revenue rose by 371% from the previous year. As detailed in its FY22 financial report, the Australian sportsbook technology and software provider revealed that revenue (June 2021-June 2022) stood at AUS$91.6m (2021: AUS$19m). Adjusted EBITDA was positive …

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BetMakers secures updated terms to NTD Australia wagering shakeup

SBC News BetMakers secures updated terms to NTD Australia wagering shakeup

Australian sports betting tech supplier BetMakers has made amendments to a partnership between its OM Apps subsidiary and the soon-to-be-launched NTD wagering venture.  This will see the annual cap payable by NTD to OM Apps increased by an incremental AUS$2m per annum during the initial 10 year term, and any additional extended term beyond this.  As a result, the maximum …

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GTG Network to power NTD PTY Australian launch 

SBC News GTG Network to power NTD PTY Australian launch 

GTG Network will serve as lead data and content provider for NTD PTY – the deep-pocketed venture spearheading the launch of Australia’s next mass-market sportsbook.  Backed by Tekkorp Capital, the VC fund of igaming figureheads Matt Davey and Robin Chhabra, NTD PTY will launch its sportsbook platform later this year, aiming to disrupt Australia’s sports betting marketplace.   Yet to announce …

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SBC announces five finalists competing during SBC First Pitch in New Jersey

SBC News SBC announces five finalists competing during SBC First Pitch in New Jersey

Five innovative industry startups have been chosen to compete in the final of the second edition of the SBC First Pitch at the SBC Summit North America at Meadowlands Exposition Center, New Jersey. Each startup will have the opportunity to pitch its business plans to a panel of judges with expertise in venture capital investments within the industry. The competition …

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Tekkorp disruptor fund adds Steve Schrier as strategic commercial advisor 

SBC News Tekkorp disruptor fund adds Steve Schrier as strategic commercial advisor 

Tekkorp Capital the online gambling investment fund led by Matt Davey (CEO) and Robin Chhabra (President), has bolstered its strategic advisory, welcoming industry figurehead Steve Schrier to its ranks.  An expert in the commercial development and planning of igaming enterprises, Schrier is the former Commercial Director and founding team member of Ash Gaming, an independent slot developer acquired by Playtech Plc …

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Tekkorp announces AUS power-play venture backed by BetMakers and News Corp

SBC News Tekkorp announces AUS power-play venture backed by BetMakers and News Corp

Venture capital fund Tekkorp Capital has announced that it will launch a new sportsbook business in Australia, partnering with the Murdoch family’s News Corp Australia media subsidiary.   Expected to launch in the latter half of this year, Tekkorp’s venture will be led by Australian market figurehead Matt Tripp, Founder of Sportsbet AUS, who will be charged with establishing Australia’s next …

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Voxbet secures international investment to ‘drive international growth’

SBC News Voxbet secures international investment to ‘drive international growth’

Sports betting software developer Voxbet has secured strategic funding from a number of international investors, led by Waterhouse VC CIO Tom Waterhouse and Tekkorp Capital CEO Matt Davey. The investments have been conducted via the two businessman’s respective firms, whilst Davey’s holding has leveraged the ‘expertise and experience’ of Robin Chhabra and Andy Clerkson, former executives at Fox Bet and …

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