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SeventySix Capital Raises Second Sports Focused Venture Capital Fund



SeventySix Capital Raises Second Sports Focused Venture Capital Fund


Investors include pro team owners, athletes, and the Commonwealth of Pennsylvania

The sports industry leading venture capital company, SeventySix Capital, announced the initial closing of its second fund to invest in passionate entrepreneurs who are launching game-changing sports betting, esports and sports tech companies.

SeventySix Capital, led by Wayne Kimmel, Jon Powell and Chad Stender, has reshaped the sports venture capital industry. To date in 2021, SeventySix Capital has sold three portfolio companies: VSiN, the sports betting media network led by Brian Musburger, Bill Adee and Brent Musburger (sold to DraftKings – Nasdaq: DKNG), Vigtory, a next generation sportsbook led by Sam Rattner and Scott Butera (sold to FuboTV – NYSE: FUBO), and Team Whistle, a sports and entertainment media company led by John West and Michael Cohen (sold to ELEVEN SPORTS).

“This next fund is an important milestone as we continue building SeventySix Capital as the go-to investment company in the sports industry,” said Wayne Kimmel, SeventySix Capital Managing Partner. “We have proven that we have access to the deals and entrepreneurs seeking to transform the sports world and that we are able to help them build their businesses with our capital investment as well as our sports relationships, knowledge and expertise.”

SeventySix Capital added two additional professional sports team owners as investors and strategic partners in the new fund: Robert Nutting, Owner and Chairman of the board of the Pittsburgh Pirates of Major League Baseball and AMBSE Ventures, a subsidiary of AMB Sports + Entertainment, a portfolio company of Arthur M. Blank, Owner and Chairman of the Atlanta Falcons of the National Football League and Atlanta United FC of Major League Soccer. d

SeventySix Capital expanded its roster of athlete investors with the additions of Emmanuel Sanders, Super Bowl Champion and 2X Pro Bowl NFL Wide Receiver of the Buffalo Bills, Alejandro Bedoya, Captain of the Philadelphia Union, former U.S. National team player and SeventySix Capital Athlete Venture Group Co-Chair, and James Develin, 3X Super Bowl Champion and former Pro Bowl Running Back for the New England Patriots. Brian Westbrook, Philadelphia Eagles Hall of Fame Running Back and SeventySix Capital Athlete Venture Group Chair and DeMarco Murray, former NFL All-Pro Running Back and Coach at the University of Oklahoma are return investors along with the Commonwealth of Pennsylvania’s Ben Franklin Technology Development Authority and multiple family offices.

“I’m excited to officially join the already dynamic team at SeventySix Capital that I have gotten to know well over the last several years through my marketing agent, Dave Maryles (Partner at Rubicon Talent),” said Emmanuel Sanders. “Given my personal passion for esports, it’s great working with Nerd Street, their esports portfolio company. We share similar values and interests in entrepreneurship, the sports business, and overall the drive to work hard to achieve lofty goals.”

SeventySix Capital’s current portfolio companies are leaders in their respective industries: C360, Diamond Kinetics, Fortē, Maestro, Nerd Street, Play by Play, ShotTracker, Swish Analytics, and U.S. Integrity.

This new fund will invest in startup companies that are disrupting and innovating the sports industry through the use of analytics, data and technology. SeventySix Capital aims to capitalize on the growing legal sports betting industry in the United States. The American Gaming Association (AGA) confirmed that U.S. commercial gaming revenue for the first seven months of 2021 nearly matched the entirety of 2020 and is 17.4 percent ahead of the same period in 2019, with 26 states (and Washington D.C.) having launched regulated sports betting. DraftKings (NASDAQ: DKNG) believes the US online sports betting market could eventually be worth $22 billion, assuming 100 percent legalization. The fund will also make investments in companies seeking to transform the fast-growing esports and Gaming industry. Gaming analytics and market research firm Newzoo stated that close to one-third of the global population games and the U.S. Video Game industry in 2020 was larger than Music and Movies combined, according to The NPD Group.

SeventySix Capital Venture Partner and Advisory members include Tim Cabral, former CFO of the $46+ billion market cap company, Veeva Systems, Dan Mason, former CEO of CBS Radio and a National Radio Hall of Fame member, and Michael Schreiber, CEO of Playfly Sports, Co-Founder of SeventySix Capital Sports Advisory and a former executive at NBCUniversal, Comcast and Altice USA.

Steven M. Cohen from Morgan Lewis acted as SeventySix Capital’s fund formation legal counsel and Adam Berger from Duane Morris is the fund’s gaming counsel.

Gambling in the USA

NJ Online Casinos Acquires The Domain




NJ online casinos, a website that lists and reviews all the regulated online gambling sites and casinos in New Jersey, is proud to announce that it has now acquired the domain

The website is well established and relied upon by the online New Jersey gambling community for its unbiased, honest, and comprehensive reviews of online casinos that legally operate within the state. With the procurement of the new domain, NJ Online Casino hopes those seeking access to the latest promotions and bonuses offered at New Jersey casinos will discover the website and its extensive resource of gambling sites more easily.

NJ Online Casinos provides visitors to its website with an extensive list of the available online casinos in New Jersey and guides them through the ideal options to pick based on their unique preferences. These include casinos with a wide variety of casino games, such as blackjack, poker, or baccarat, the sites with the best promotional codes or welcome bonuses, and those that offer the most accessibility for users by additionally offering mobile versions of their websites or as downloadable apps.

A spokesperson from NJ Online Casinos said, “Considering all the online casinos New Jersey has to offer, it’s not a surprise that people from other states are willing to travel to NJ to play. NJ casino online experience is something pretty unique. There are so many online NJ casino rooms with different characteristics that it is almost impossible to rank them. Thanks to the huge number of online casinos, the number of casino games and online slots NJ has to offer is simply incredible.”

As well as its guidance on the most lucrative or immersive online casino to join in New Jersey, NJ Online Casinos also has a useful section on its website that is devoted to showing visitors the warning signs for non-reputable gambling sites and how to easily spot casinos that do not have a license to operate in New Jersey.

This commitment to user safety is furthered in the website’s specialized section that discusses the most effective ways to set gambling limits (by placing a credit card limit, for example), as well as the true incentive of casinos’ bonus offers, such as referral bonuses, welcome bonuses or no-deposit bonuses and what common terms utilized on gambling sites mean, like RTP (return to player.)

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Ontario, get ready! RAW Group Hits the Market Ramping Up its Distribution Scope



Ontario, get ready! RAW Group Hits the Market Ramping Up its Distribution Scope


Provider behind SuperSlice®, SuperTracks® and SuperSymbols™ gets the nod to launch in Ontario

RAW iGaming, the studio that considers itself the pink shark in the sea of sameness, is set to blast monotony out of the market in Ontario after being given the green light to launch its games in the province for the first time.

RAW’s full suite of in-house games will debut shortly with big name operators while players are being told to strap themselves in for the thrill ride.

RAW iGaming has made a name for itself through innovative, patent-pending mechanics such as SuperSlice®, SuperTracks® and SuperSymbols™, which deliver entirely new experiences that players in Ontario will now be able to enjoy for the first time.

For example, SuperSlice uses wheels instead of reels while SuperTracks uses pathways or tracks and the positioning of symbols on those to determine wins. SuperSymbols is the latest RAW innovation and sees adjacent matching symbols combine to create bigger image pixel counts, which in simplicity means the bigger the SuperSymbol, the bigger the win potential.

Some of RAW iGaming’s exciting titles to hit lobbies in Ontario include Ave Caesar DynamicWays™, Raging Super2Ways SuperSymbols™ and the new Aztec SuperTracks™.

RAW’s entry into Ontario forms part of wider plans to make its titles available to operators in all core regulated markets across the world. The studio already holds approvals in the UK, Sweden and Malta along with more than 10 other regulated markets and a busy roll out pipeline adding more soon.

Tom Wood, CEO of RAW Group, said its studio, RAW iGaming, believes its titles will bring something entire new to the Operator sites in Ontario and will help differentiate their portfolio’s to stand out from rival brands.

“From the outset when we founded RAW in 2021, our mindset was fixed on pushing creativity, and mechanics to deliver games that excite players in ways that other slot games haven’t even thought of. Our innovative products push boundaries but still deliver experiences that players recognise and want to play – a balance that is hard to strike.

“Our partners in the market either have a fast growing or an established player-base that exemplifies our growth strategy. We are honoured to see our titles in Canadian lobbies and for players to see why we are the pink shark in the sea of sameness.”

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‘We Are Game’ – Play’n GO announces plans for action packed G2E extravaganza




Play’n GO, the world’s leading casino entertainment provider, has today announced its plans for the upcoming Global Gaming Expo (G2E) at the Venetian, Las Vegas.

Under the campaign tagline of ‘We Are Game’, Play’n GO will once again exhibit at G2E with the Swedish gaming giant securing a 1750sqft stand in the newly designed iGaming Zone – double the size of last year’s floor space.

Each of the three days of the conference will see a different theme applied to the Play’n GO stand, concluding with a Raging Rex takeover on Day Three, to celebrate the global launch of Raging Rex 3.

There will also be showcases of new games with the most exciting gameplay in the industry, in addition to leaderboards with prizes awarded to the highest scoring players. Also featuring will be recognizable characters from the entire Play’n GO universe on hand each day, providing entertainment and posing for photos.

Ebba Arnred, Chief Marketing Officer, Play’n GO said: “Play’n GO is one of the biggest and most successful games companies in the history of iGaming and we are excited to bring our We Are Game campaign to Las Vegas.

“G2E increasingly plays a crucial role in Play’n GO’s strategy every year as we expand into North America. The expo gives us the opportunity to meet customers and players, both new and old, face-to-face, and to promote all that’s great about our brand and our content.

“We’re so proud of the stand we’ve designed and built for G2E 2023, in addition to the We Are Game campaign, and want to invite all attendees to pay us a visit at our stand over the three days, where the Play’n GO team will be in attendance. Our team are so excited to showcase our brand in front of the entire world of iGaming, and we can’t wait to meet everyone at the Venetian next week.”

Play’n GO can be found at stand 4030 in the iGaming Zone at G2E 2023.

To find out more about Play’n GO’s plans for Las Vegas, please visit: https://www .playngo .com/playngo-at-g2e-2023

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