Håkan Örtenholm
Sigtuna (SWE)
Role(s):
Ganafortuna
Find More Startups
Startup
Location:
Sigtuna
Industry:
Internet
Description:
(URL removed) is a UK based gambling company that will develop the internet gambling business in South America. In doing that (URL removed) is looking for a partner who is ready to invest 4 Million USD into the company in exchange for 40% of its shares. (URL removed) Is currently co-owned by its founders with (URL removed) (URL removed) as a minority shareholder.
The internet gambling market has today a few players of significance one of the leading is our partner (URL removed)
Since the introduction of internet gambling on the global arena, internet gambling has seized approximately 2% of the market and is a multibillion dollar industry.
The South American arena represent 11% of the global economy and 9% of its population, the average internet penetration is 19% with a growth rate of