Contact →
Independent iGaming fund

We build casino brands that win regulated markets.

An independent iGaming investment group with live casino ventures across Africa and Asia. We back regulated markets with committed capital, operator-grade execution, and the speed to move while the opportunity is open.

ACTIVE VENTURESLIVE
AFRICA ASIA
Active venture 2 regions · live
COMMITTED CAPITAL $25M PER VENTURE $3–8M TARGET MARKETS 3+ ACTIVE VENTURES 2 TARGET GO-LIVE Q4 ’26 POSITIONS CONTROL
Thesis

How we invest

FUND / 2026
STAGE — ACTIVE
VERTICAL — CASINO
01

The opportunity

We back newly regulated markets where demand outpaces licensed supply. First credible movers take disproportionate share, and we move early and decisively to capture it.

02

Capital & speed

We commit our own capital, run lean, and decide in weeks. Our partners are operators who have launched and scaled gaming products firsthand.

03

How we build

We own the brand, the marketing and the market. Technology is integrated, not outsourced — the value we create sits with us.

CAPITAL ALLOCATION$25M
Our edge

What sets us apart

OPERATOR-LED
OWN CAPITAL
FULL CONTROL
01

We deploy our own capital

No outside LPs to convince, no fund-of-funds layers. We decide, and we write the cheque ourselves.

02

Operators, not financiers

Our partners have built and scaled real casino brands. We invest in markets we have already run.

03

We take control positions

We own the brands we back — strategy, marketing and growth. Conviction backed by control, not passive bets.

04

We move on our own clock

Decisions in weeks, not quarters. When a market opens, we are already in it.

05

Live across two regions

Active casino ventures in Africa and Asia — with a pipeline of regulated markets next.

06

We build to keep

A long-term portfolio of casino brands, not projects to flip. We scale winners across markets.

Target markets

Where we operate

2 LIVE REGIONS
+ EXPANSION
ACTIVE PORTFOLIO
● Live

Africa

Mobile-first growth markets with rising income and maturing regulation. Active venture in market.

StatusOperating
● Live

Asia

A large, high-value market entered through compliant, locally licensed operations. Active venture in market.

StatusOperating
Expansion

Next markets

We’re actively evaluating the next regulated openings where our model and capital give us an edge.

StatusScoping
Team

Operators, not just investors

PARTNERS — 4
iGAMING NATIVE
HANDS-ON

Elena Varga

Managing Partner

15+ yrs iGaming operations & market entry.

Daniel Costa

Investment Lead

Capital markets & growth-stage deals.

Marco Esteban

Head of Product

Launched & scaled casino / sportsbook brands.

Adrian Okafor

Compliance Advisor

Licensing across multiple jurisdictions.

Investment criteria

What we invest in

CASINO-FIRST
REGULATED MARKETS
CONTROL POSITIONS
Vertical
Online casino brands — slots, live and table. Sportsbook considered where it strengthens the venture.
Markets
Newly regulated and high-growth jurisdictions where demand outpaces licensed supply. Live in Africa and Asia today.
Cheque size
$3–8M per venture, with capital reserved to scale the winners across markets.
Stage
New launches we build from the ground up, and growth-stage brands ready to expand into new markets.
Structure
Majority or control positions. We own the brand, the marketing and the market — not a passive minority stake.
What we add
Capital, operator expertise and a team that has launched and scaled gaming brands before — not just money.
Let's talk

Talk to an independent iGaming fund.

For partnership, investment and venture enquiries, reach the team directly.