Oulala Raises New Funding Round

Submitted by Guest on

Written by :

Guest

Published on :

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.

Related Content

BiggerZ: Building a Fairness-First Crypto Casino, Sportsbook and Prediction Markets Platform

BiggerZ: Building a Fairness-First Crypto Casino, Sportsbook and Prediction Markets Platform

BiggerZ is strengthening its position as a fairness-first betting platform, bringing casino gaming, sports betting and prediction markets together under one account while making transparency, verifiability and clearly defined rules central to the player experience.
Las Vegas Hotel Accused of 'Catfishing' With Fake Listings

Las Vegas Hotel Accused of 'Catfishing' With Fake Listings

A shock report this week reveals that a Las Vegas hotel is allegedly using "catfishing" tactics to lure unsuspecting visitors into booking hotel rooms that do not exist.
Bally's Halts Chicago Casino Construction as Company Reports  $792 million in Revenue....$4.5 billion in DEBT?

Bally's Halts Chicago Casino Construction as Company Reports $792 million in Revenue....$4.5 billion in DEBT?

The company reported roughly $265.9 million in negative operating cash flow during the first six months of the year.