German payments company Wirecard, which collapsed last month in a fraud scandal, was the biggest payment provider to grey market gambling operators. Now that they’re out of action, operators will need to find new avenues. Bitcoin will be one option.
June 2020 Fund Update
The US is a massive growth opportunity for Playtech and they have US experience having been active in the US prior to the bans on online gambling there in 2006. Land-based casinos, state-sponsored lotteries and media companies are among the companies looking to ride the recent online betting boom as gambling is legalised across the country.
May 2020 Fund Update
China is the largest video gaming market in the world. Of China’s 900 million internet users, over 640 million play video games. Naturally, it’s the biggest esports market, with a third of the world’s audience and revenue. 260 million are even happy to take a back seat and watch the professionals play, via live-streaming services. At the centre of this huge and bustling metaverse is a company called Tencent.










