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Midnite raises Series B funding to fuel rapid UK growth

Published

1 day ago

April 14, 2025

Reading Time: 2 minutes

Midnite, a hyper-growth UK sportsbook and casino, has raised $10m (£7.7m) during a Series B funding round.

The funding round was led by Discerning Capital, the Raine Group, and Play Ventures, with additional investment from Venrex and Big Bets. This brings Midnite’s total capital raised to more than $35m.

Midnite also announces the appointment of David Williams, a Partner at Discerning Capital, to its board of directors.

Williams, a specialist growth investor focusing on online gambling, said: “As investors focused on the global gaming industry, we are incredibly excited to partner with the Midnite team who have built one of the most compelling challenger brands anywhere in the world.

“The company’s continued growth and marketing efficiency validate the company’s unique positioning in its home market of the UK and its broader status as a best-in-class emerging operator globally.”

Midnite’s sportsbook was launched in 2018 by Nick Wright and Daniel Qu, who previously created daily fantasy sports platform Dribble in partnership with Sky Bet. Midnite added horse racing and casino to the product mix in 2023 and Midnite’s team has grown from 60 to 110 over the past 12 months.

Co-founder Wright said: “We’re thrilled to have the support of some of the best investors in gaming. This capital enables us to hit the gas and accelerate our growth strategy while continuing to build game-changing products.

“Our product-centric approach is what has got us to where we are today and we will continue to place the experience of our players as our highest priority. We have product foundations and velocity that no operator has in the UK market.

“Our goal is to disrupt the UK betting market and become a tier-1 operator with a challenger brand platform for a new generation of players. With this backing, we can move faster, be bolder, and continue to bring fresh, exciting experiences to the market.”

Earlier this month, Midnite was announced as the official UK betting and casino partner of the 2025 World Snooker Championship.

It followed the launch of Midnite’s first TV advertising campaign to promote its casino, with a 30-second advert being aired on Sky, Channel 4 and 5, across both linear TV and streaming platforms.

The post Midnite raises Series B funding to fuel rapid UK growth appeared first on European Gaming Industry News.

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FOLIATTI CASINO GUADALUPE ADDS ZITRO’S CONCEPT CABINET LINE

Published

1 hour ago

April 15, 2025

George Miller

Reading Time: < 1 minute

Foliatti Casino Guadalupe, a leading entertainment destination in Monterrey, Mexico, is getting a fresh look with the addition of CONCEPT, Zitro’s innovative furniture line, which aims to transform the gaming experience for its customers.

Additionally, players can now enjoy the medieval-themed multi-game Legendary Sword, featuring a huge 6×5 reel and special features like Honor, which multiplies winnings; Glory, which grants extra spins; and Magic Sword, which doubles prizes in its column.

Daniel Ramírez, Slots and BI Manager at Foliatti emphasizes their dedication to offering customers the most cutting-edge experiences: “In our ongoing effort to improve and broaden our entertainment options, we’re once again relying on Zitro to wow our players. CONCEPT and Legendary Sword have been a hit, and our customers’ feedback has been very positive.”

Johnny Viveiros Ortiz, founder of Zitro, comments: “We appreciate Foliatti Casino’s continued trust in Zitro and for choosing CONCEPT again, both for their Gonzalitos and Guadalupe venues.”

The post FOLIATTI CASINO GUADALUPE ADDS ZITRO’S CONCEPT CABINET LINE appeared first on European Gaming Industry News.

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Monsterwin Partners with iConvert to Turn Global Traffic into Real Deposits

Published

2 hours ago

April 15, 2025

George Miller

Reading Time: < 1 minute

Monsterwin Casino, the fast-scaling international operator, has partnered with iConvert, the world’s first iGaming-specific conversion solution, to power up first-time deposits (FTD) rates across its global sites.

With players spanning Portugal, Turkey, Italy, Czech Republic, New Zealand, Finland, Canada, Hungary, Norway, Poland, Brazil, Switzerland, Germany, and Spain, Monsterwin’s footprint is vast. But so is the volume of unconverted traffic. iConvert’s solution is built for exactly this: turning missed opportunities into new depositing players.

Now live across all of Monsterwin’s key markets, iConvert’s behavioural overlays are geo-personalised and traffic-source-driven, ensuring every user sees the right offer, at the right time, before they bounce.

Monsterwin is the kind of operator we love working with, ambitious, global, and not here to mess about. They’ve got the traffic. Our job is to make sure more of it converts. This partnership is all about building smarter funnels, fast.

Ashley Wood, CEO of iConvert. “Partnering with iConvert is a game-changer for our conversion strategy—bringing sharper visibility and greater control across every region. Their team, led by the brilliant Ashley Wood has been nothing short of exceptional. This marks the start of what we believe will be an outstanding and long-lasting partnership.”

Sebastian, Head of Affiliates at Altair Affiliates. “With over 2M FTDs generated and 100+ operators across 50+ global markets, iConvert continues to help iGaming brands stop wasting traffic and start turning interest into action.”

The post Monsterwin Partners with iConvert to Turn Global Traffic into Real Deposits appeared first on European Gaming Industry News.

Latest News

Liftoff’s Mobile AppDev Awards 2025 Finalists Announced

Published

2 hours ago

April 15, 2025

George Miller

Reading Time: 3 minutes

The Mobile AppDev Awards 2025 recognizes excellence in mobile games and apps

Liftoff, the leading provider of marketing, monetization, and creative solutions for the mobile industry, has announced the finalists for the 2025 Mobile AppDev Awards.

Now in its fourth year, the Mobile AppDev Awards mark the best collaborations, social events, and minigame events in midcore and casual gaming, as well as marking both notable newcomers and evolving game apps.

For the first time, the 2025 awards will celebrate non-gaming apps for their innovation and use of engagement, social, and AI-powered features, drawing upon the skills and expertise of the team behind AppRefinery, Liftoff’s new insights platform designed to revolutionize app development and growth.

A jury of expert game and app analysts selected finalists across five gaming categories, each split into midcore and casual, as well as for the first year, four non-gaming categories.

Gaming categories (both midcore and casual) are:

Best Collaboration Event
Best Social Event
Best Minigame
Best Newcomer
Biggest Evolver

New for 2025, the non-gaming app categories are:

Best Feature Innovation
Best Use of Engagement Features
Excellence in Social Features
Excellence in AI-Powered Features

The winners will be announced on May 13th, 2025.

The finalists for the 2025 Mobile AppDev Awards are:

Best Collaboration Event (Midcore):

Summoners War: Sky Arena x Jujutsu Kaisen by Com2uS
PUBG Mobile x Venom: The Last Dance by Tencent
Brawl Stars x Spongebob Squarepants by Supercell
Goddess of Victory: NIKKE x Dave the Diver: Aegis the Diver by Level Infinite
Diablo Immortal x World of Warcraft: Eternal War by Blizzard Entertainment

Best Collaboration Event (Casual):