Oddin.gg secures fresh funding for esports betting 

The news: Czech-based esports betting supplier Oddin.gg has raised a new funding round valued in the “low hundreds of millions” CZK. The round was led by J&T Ventures, with participation from Roman Nováček, Rockaway X, Naše Česko, BD Partners, and others. Financial terms were not disclosed.

Zoom in: Oddin.gg offers a modular B2B platform that powers esports betting products for operators like Betway, Betsson, and Stake — the company recently signed deals with ESPN Bet and theScore. The business is already profitable, and plans to use the capital injection to expand into new markets and deepen its product capabilities.

Why it matters: As esports betting scales globally, Oddin.gg is emerging as a foundational layer for operators looking to enter the vertical without building in-house infrastructure. Not only does the round underscore the company’s commercial momentum, but it also reinforces investor confidence in the esports betting category.

Discerning Capital launches non-dilutive financing initiative 

The news: Discerning Capital, the gambling-focused investment firm co-founded by Davis Catlin and David Williams, has launched a new initiative to offer up to $100M in non-dilutive loans to fast-growing B2C operators in the space. 

Zoom out: The offering—which is specifically to fund user acquisition—allows companies to borrow against its future revenue, giving startups access to growth capital without giving up equity. “Some companies need to raise more money than makes sense,” Catlin said on The BettingStartups Podcast.

Why it matters: Discerning’s non-dilutive loans introduces a new model for operators with strong user economics that need to scale marketing spend without reshaping their cap table. It’s also a signal that the ecosystem is maturing with tailored financial products arriving to meet sector-specific challenges.

Canadian Gaming Summit lands in Toronto next week

The news: Canadian Gaming Summit will return to Toronto next week (June 17–19) for the 28th edition of the event. Organizers released the event schedule this week, noting that CGS will host 3,000 industry stakeholders. 

Zoom in: With Alberta’s framework expected soon, founders eyeing expansion should be paying attention; the province could follow Ontario’s lead—or chart a new path entirely. On the content front, startups should have a few key sessions circled, including sessions on disruptive betting models, market differentiation, and building customer loyalty through brand and content.

Why it matters: From new regulatory frontiers to operator infrastructure, the summit is a window into what’s next for Canada’s real-money gaming industry. For startups, it’s a rare chance to connect with key partners, showcase products, and get ahead of the next growth wave.

Get 50% off your Full Event Pass when you use code BETTINGSTARTUPSVIP at checkout. Learn more here.

News, money, and alpha

• Dabble is off to a “roaring start” in the UK, hitting #1 in the country’s app store after launching in the market earlier this month. 

• Sharp Alpha Advisors led a $20M Series A round into social sports venue Ballers.

• CrowdCover–a new social platform that sits at the intersection of legal sports betting, creator content, and community engagement–has officially launched.

From the studio

Catch up on the latest episodes of The BettingStartups Podcast.

• Launching a non-dilutive capital model w/ Davis Catlin from Discerning Capital

• Reduced juice for all w/ Gino Donati from BetOPENLY

• When a merger becomes a multiplier with FantasySpin

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Are you a startup in real-money gaming looking to announce a new product launch, partnership, or funding round? Get it on our radar! Email: [email protected]