Acquisition-hungry Better Collective ups bank line

Sport 230x150
By Mike Turner
24 Jun 2019

Denmark’s Better Collective has increased the size of its bank funding, as the sports betting and gambling software developer looks to spend on acquisitions.

Better Collective signed a Dkr300m (€40m) credit line with Nordea, bringing its total credit facilities with the bank to Dkr600m.

The borrower is in acquisition mode, spending more than €100m on buying firms since it undertook an IPO last year. Most recently, the company bought US sports betting firm ...

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