Betable in the money

Online gambling group Betable is reportedly in the money again following its latest round of financing, which investment media claims has raised up to $20 million, although the company has not yet confirmed this.

Venture capital company Venture51 is heavily involved in the latest round, which brings the value of the company up to well over $80 million.

The firm has successfully exploited the trend toward real-money social gambling.

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