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Huuuge Games Raises $4 million

Monday November 16,2015 : MOBILE SOCIAL CASINO FIRM ENDS FUND RAISING ROUND

Raises $4 million in Series A Investment

European-based mobile free-to-play social casino developer Huuuge Games has concluded a Series A investment round of $4 million led by Korea Investment Partners (KIP).

Existing investors include Seppo Helava - founder of what is now Big Fish Casino, Juha Paananen and Henric Suuronen - co-founders at Nonstop Games, and Wibe Wagemans - former senior vice president at Rovio and Big Fish Mobile.

Sang-Ho Park, senior principal at KIP, who will join Huuuge's board of directors, said:  "Huuuge is disrupting the free-to-play casino gaming market by providing a much more interactive social gaming experience, and we are very pleased to be part of the growth story.”

“What Anton and the team have achieved over the past year is really impressive. Huuuge is a great example of a founder-led, data-driven, next-gen app business we like to invest in."

Huuuge said KIP’s participation will increase the company’s presence in APAC with the latest investment being used to fund global expansion and scale distribution efforts.

"We are excited to have Korea Investment Partners on board as one of the leading VCs with tremendous experience in gaming and social networks, especially in the Asian markets,” added Anton Gauffin, chief executive officer for Huuuge.



Gambling News :

MPNPT Malta Day 2 - The final table is set in the €550 MPNPT Malta Main Event, with nine players still in contention for the trophy and €35,000 top prize. Out in front, by a large margin, is Italian online pro Alessandro Siena, with nearly double the chips of second place Cihan Eren.

MPN Poker Tour Malta Day 1A - The MPN Poker Tour has returned to Casino Malta this week, with a €150,000 guaranteed €500 + €50 Main Event running alongside a full complement of side events, parties and activities.

€8 million mobile jackpot win on Mega Moolah - Mega Moolah was hit on Tuesday 25 April 2017 by a Tipico player playing on their mobile device, just over a month after a €6.6 million jackpot was collected in March. The pay-out of €8,012,153.35 is the largest mobile jackpot win in history, superseding Microgaming’s pay-out in August 2016 of €7,968,311.26.

NHL Odds: Young Oilers Face Veteran Ducks in Round Two - Game Two in Anaheim (10:30 PM ET on NBCSN) features the first and second ranked teams in the Pacific Division during the regular season, with only two points separating them. The Oilers edged the Ducks 3-2 in regular season games, outscoring them by a slim 14-12 margin. This series will be close, and Game Two will decide who has the edge heading back to Edmonton.

BitStarz Casino pays out nearly $100,000 over 2 days - They say lightning doesn’t strike in the same place twice, but it did at BitStarz as yet another player lands a massive payout on an Amatic slot!

Americas Card Room Online Super Series Starts Now - The OSS Cub3d is Americas Cardroom’s 3-part tournament series. It features the Mini Online Super Series (MOSS), the now-underway Online Super Series (OSS), and the upcoming Bigger Online Super Series (BOSS).

New Quick Seat feature at Ignition Poker - New Quick Seat feature at Ignition Poker.In order to ensure our poker players’ user experience is even more seamless, we’ve introduced a new feature in our poker software called Quick Seat for both Ignition Poker.

Finnish people prefer the government to run the casinos - Nordic countries have been, historically, the main markets for the online casino operators. The reasons for this are rather clear - these countries are very cold and people simply prefer to stay home and gamble than go outside to visit a casino.

New Era of Gambling. Now with Bitcoins. - It is not a secret that more than half of the bitcoin transactions have been related, at least somehow, to the online gambling activities.

NBA Odds: Chalk-Heavy Warriors Host Portland for Game 2 - The Golden State Warriors needed a strong fourth quarter to put away the Portland Trail Blazers on Sunday. But they still didn’t cover as 15-point home favourites in a 121-109 victory. Can they do better this Wednesday (10:30 PM ET, TNT) in Game 2 of their first-round playoff series?

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