After announcing rebranding and restructuring plans, Genius Sports Group (GSG), parent company of BetGenius, has settled a debt partnership with Three Hills Capital Partners (THCP).
Through a GBP 10 million investment, the group will expand its product range, enter new markets and review acquisition opportunities.
“The future continues to look positive for the Group and we have aligned our objectives to match anticipated movements in both the sports and betting industry sectors,” said Mark Locke, chief executive officer of Genius Sports Group. “The investment from Three Hills Capital Partners allows us to meet our goals much faster than would otherwise have been possible.”
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sharpe
10/08/15, 11:10:20 PM
The future is always uncertain for a company that makes so big of a changes but in this case it looks very positive for BetGenius. WIth GBP 10 million investments...
The future is always uncertain for a company that makes so big of a changes but in this case it looks very positive for BetGenius. WIth GBP 10 million investments they could improve in the quality of their products which will make them more popular on the market, so definitely the future looks bright to them.
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