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Esports Insider
Esports Insider
Investment company Columbia Pacific Advisors (CPBF) has announced a $30m (~£22.8m) senior secured term loan to the esports wagering products provider Esports Technologies. Esports Technologies will use proceeds of the loan to acquire the business-to-consumer (B2C) assets and related operations of Aspire Global, an online casino and sportsbook company, in a $75.9 (~£60.3m) transaction. RELATED: Esports Technologies joins ESIC as anti-corruption supporter The acquired brands include online casinos Karamba, Hopa, Griffon Casino and Dansk777, and online sportsbook BetTarget. The loan has been prov…