Betfair co-founder Andrew Black joins £1.25m funding round for Network Gaming

Sports prediction game supplier Network Gaming has raised £1.25m in funding after being backed by a swathe of industry veterans including Betfair co-founder Andrew Black. Network Gaming produces free-to-play and pay-to-play sports prediction games with the USP of bespoke design for partners and enhanced in-play social experience for players. The firm’s product suite includes games for football, horseracing and golf. The supplier holds partnerships with luxury bookmaker Fitzdares as well as powering The Sun’s Dream Team football game and working with talkSPORT. Network Gaming said the raised capital would be used to “drive global growth” as well as expand its prediction titles across US sports and the 2022 World Cup. Black was joined in the investment round by a collection of senior industry figures and angel investors. Colossus Bets COO David O’Reilly, TX Odds CEO Einar Knobel and Oakvale Capital partner Sandford Loudon all participated in the round. Angel investors Robert Markwick and Gary Otto also pledged. Harry Collins, Network Gaming CEO, said: “We’re delighted to have an industry trailblazer like Andrew advising us on fresh ideas, and to have the support of other experienced innovators for this step-change in Network Gaming’s evolution.” Black added: “I’ve felt for a while now that the betting landscape is ripe for change, and I’m delighted to be working with Network Gaming on a few fresh ideas.”