Oulala Raises New Funding Round

Written by:
Guest
Published on:
Dec/13/2016

Malta  – Oulala.com, the daily fantasy sports (DFS) operator and B2B provider, is proud to announce the closing of a new funding round of €1.35 million, coming from private investors.

Oulala will use the raised funds to gain more traction on the B2B  landscape, and to confirm its leading position as the first DFS network specialised in European football.

''The DFS market is currently experiencing a consistent and rapid growth in Europe, which was confirmed by the strong interest from investors during this latest funding round,'' said Benjamin Carlotti, Managing Director of Oulala.

Since the market is becoming so reactive to DFS, the Malta-based company had to restructure its Sales/Business development department by hiring two senior collaborators.

Oliver Niner, formerly a business development manager at Marathonbet, will take on the role of Business Development Director, while Anthony Medica, previously linked with Summit of iGaming Malta (SIGMA) and Sports Betting Community, will serve as Sales Director.

2016 has been a very successful year for Oulala ‒ after winning the 'Data and Business Intelligence 2016 Idol of the Year' award at the iGaming Idol Awards, the company also won the award for 'Best Fantasy Sports Product' at the SBC Awards ceremony, while its co-founders Valery Bollier and Benjamin Carlotti were recognised as Tech Ambassadors for Malta by the Malta Communications Authority.

During the next 12 months, Oulala will mainly focus on expanding its network with iGaming operators, and the company will actually officialise new partnerships in the first quarter of 2017.

''We are very confident that DFS is poised for a solid growth next year. 2017 will be the year of Oulala,'' added Carlotti.

Gambling News

Odds That 17 Crown Casino Employees Go to Prison at 99 Percent

Odds That 17 Crown Casino Employees Go to Prison at 99 Percent

Among those charged are three Australians, including Melbourne-based executive Jason O'Connor

Former Fugitive Linked to 1995 Gambling Murders Finally Convicted

Former Fugitive Linked to 1995 Gambling Murders Finally Convicted

A fugitive who was finally captured and arrested after being on the run for 16 years has now been charged with first-degree murder.

Court Reinstates Convicted Mobster's 40-Year Sentence

Court Reinstates Convicted Mobster's 40-Year Sentence

The Second Circuit Court of Appeals ruled Thursday that U.S. District Judge Edward Korman overstepped his authority when he reduced sentence

FA ends deals with gambling firms including Ladbrokes

FA ends deals with gambling firms including Ladbrokes

The Football Association has ended all sponsorship deals with betting firms following a three-month review process.

Gambling Market in APAC 2017-2021: Top Drivers and Forecasts

Gambling Market in APAC 2017-2021: Top Drivers and Forecasts

Technavio market research analysts forecast the gambling market in APAC to grow at a CAGR of more than 7% during the forecast period, according to their latest report.

Syndicate