Published
FinancialSports Betting

Metric Gaming secures $10m for US ventures

Metric Gaming has managed to complete a $10m funding round to help position the company in the US gaming market.

Money

All of the funds raised are committed by the supplier to help take advantage of the US Supreme Court’s decision to repeal the Professional and Amateur Sports Protection Act and the sports betting opportunities it has created.

New York-based RDA Ventures, an investment firm, led Metric Gaming’s series A funding.

The company is looking to establish itself as the “go-to” sportsbook platform and data services provider across these newly regulated US state sports betting markets.

Martin de Knijff, Metric Gaming Founder and CEO, said: “This investment will accelerate Metric Gaming’s plans to capitalise on the substantial market opportunities arising as states across the US continue to legalise sports betting.

“Metric’s B2B value proposition is backed by pedigree and expertise built on both sides of the Atlantic, and will enable operators to quickly and efficiently capture market share.”

David Broser, President of RDA Ventures, added: “The combination of Metric’s product suite, services and management talent made this an easy investment for us.

“Metric is uniquely positioned as a sports betting B2B provider with advanced expertise that’s rare in the US, and we’re excited to be on the ground floor with such a compelling player in the nascent legalized US market.”

Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Seminole Hard Rock Support Services
Seminole Hard Rock Support Services
Metropolitan Gaming
Holland Casino
Nederlandse Loterij
Follow Us

Facing Facts: Q1 2024 analysis from across the globe

Gambling Insider tracks the Q1 results of operators across t...

Taking Stock: A guide to sports betting operator and supplier prices

Gambling Insider tracks sports betting operator and supplier...

Tailor-made: The power of personalisation in the modern gaming industry

With insights from GR8 Tech, Greentube and the Oregon Lotter...

Sportradar and the Taiwan Sports Lottery: More offerings, greater efficiency

Danny Fok, VP of Strategic Projects at Sportradar, speaks al...