September 08, 2015

Unibet looking for new startups in Israel

Newspapers in Israel are reporting that European online casino operator Unibet is flying to Israel to possibly invest in new startups in the country. Senior exectuives from Unibet are expected to fly in this week to hold an event on Thursday where they will meet local entrepreneurs and consider investing in new technologies focussing on games of chance in the online world.

The event will see some 20 young companies pitching for twenty minutes each in the hope of securing funding from the online gaming firm currently valued at $18.7 billion.

Unibet is in the market for new companies and acquisitions as they bought Stan James in July and more recently in August purchased iGame Holding for $65 million.

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