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.

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.”

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Harrison Sayers
Gambling Writer

Harrison Sayers is a journalist and editorial professional specialising in the gambling and iGaming sector. He began his career at Gambling Insider, where he served first as Editorial Assistant (July 2017 – November 2017) and then as Staff Writer from March 2018 to October 2018, contributing news coverage and industry analysis to both the publication’s digital and print channels.

Since then, he has continued his career in gambling regulation and compliance journalism, working with GamblingCompliance and VIXIO where he covers regulatory issues and industry developments across European and African jurisdictions.

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