Grin Gaming, a microbetting latform, has received a strategic investment from SCCG Venture Fund, an investment company that specialises in the gaming and sports gambling technology sectors.
Using the SCCG Venture Fund's wide network, expertise and capital-sourcing skills, the partnership aims to speed up Grin Gaming's growth.
Grin Gaming transforms the sportsbook experience by engaging bettors with narrative-style wager generation and unmatched low latency. It does this by utilising techniques in high-frequency futures trading and online machine learning.
Stephen Crystal, Founder and CEO of SCCG Management, said: "We are thrilled to announce our strategic partnership with Grin Gaming. Through this collaboration, we aim to bring our extensive network and expertise to the table, enabling Grin Gaming to unlock its full potential and achieve new heights in the market.
“This partnership showcases our commitment to finding innovative solutions for our ecosystem and remaining at the forefront of the industry. We are confident that together, we will drive growth and success for both our companies."
Nick Bucheleres, CEO of Grin Gaming, said: "Grin Gaming is delighted to join forces with SCCG Venture Fund to support our high-frequency micro market pricing platform. SCCG brings decades of experience in the sports gambling industry and provides unparalleled access to global sportsbooks, making them the perfect partner to help proliferate our product."
With the investment from the SCCG Venture Fund, Grin Gaming seeks to increase its advanced technology and commercial reach while taking advantage of SCCG's extensive network and market expertise.
Recently, SCCG Management signed a deal with Land Vegas, a company that combines iGaming with the bright lights of a land-based casino via virtual reality (VR). Gambling Insider followed this up with an exclusive Q&A.
