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PlaySpace Second funding round

Friday January 16,2015 : MORE CAPITAL FOR SOCIAL GAMES DEVELOPER
 
Second funding round for PlaySpace brings total to $3 million
 
Spanish social developer PlaySpace has benefited from a second successful round of funding, bringing the total amount raised by the company to GBP 3 million.
 
The funding was lead by existing supporter Faraday Venture Partners but also brought on board a new investor in the shape of the José Manuel Entrecanales Foundation, a major start-up funder in the Spanish region. They join Mola.com and PeopleFund as shareholders.
 
"The video games sector has not been a traditional focus for the Foundation's investments," said Pablo Ventura of the JMEF. "However, we believe in this project after having analyzed the amazing results they have had, their passion and commitment that the management team have shown over the last three years."
 
PlaySpace hopes to use the funding to cement its domestic position and grow its influence in other Spanish-speaking markets, notably South America.
 
The social gaming sector has seen significant growth in recent years, with mobile gaming revenues predicted to exceed traditional console revenues for the first time in 2015.  The latest new funding will enable PlaySpace to not only consolidate its position within the Spanish mobile games market, but support its global expansion within key markets including the U.S. and Latin America region.
 
The company was founded by Enrique Dubois and Alfonso Villar in 2011 and was incubated and accelerated through Mola.com. It is based in Palma de Mallorca and has over 25 employees and more than 10 million registered users in several countries. Over one million international active monthly users visit their 9 multi-platform games on Facebook, web, iOS, Android and Amazon.



Gambling News :

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

New MPN Poker Rooms Tower Torneos - Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<

NY Rangers vs. Devils on 12/21 - When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.

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