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Synopsis
The Raine Group, a global investment and strategic advisory firm, led a $35m Series C round in Midnite, a hyper-growth UK sportsbook and casino operator. “We’re thrilled to have the continued support of some of the best investors in gaming. Our product-centric approach is what has got us to where we are today, and we will continue to place the experience of our players as our highest priority. This capital enables us to hit the gas and accelerate our growth strategy as we pursue tier-1 operator status, investing heavily in our product team to truly disrupt the industry with a challenger brand platform for a new generation of players,” Nick Wright, Midnite co-founder.
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