Tekkorp Capital, News Corp Australia, and Matt Tripp (online sports betting pioneer) will combine forces to launch a new business in the field of sports betting.
Matt Davey founded Tekkorp Capital, an investment fund that also offers strategic advice.
The latest project will benefit greatly from the combined experience of Davey and Robin Chhabra, President of Tekkorp Capital, in the Australian online betting market.
The new company will have both executives on its board. In addition, BetMakers Technology Group has been chosen as the exclusive platform and service provider.
Bringing 25 years’ experience of gaming and growing early stage ventures, Davey commented: “The new venture is a significant investment by Tekkorp Capital and one that I am very excited about. This is a great investment for Tekkorp Capital.
Tekkorp provides advice to companies operating in the global gaming sector regarding M&A and strategic partnerships. It offers consulting services for a wide range of topics, such as new market entry and growth strategy formulation.
Chhabra is the Founding CEO at Fox Bet. This joint venture was formed by Fox Corporation and The Stars Group. He added that: “The Australian online betting market for sports has been growing but there’s still a lot of innovation. This consortium has the mix of skills, experience and capital to become a significant player.”
Take a look at our interview with Tekkorp Digital Chief Executive Officer Matt Davey speaks to us About his start in the regulator industry, NYX Gaming experience and future plans for the internet market.
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