{"id":269,"date":"2024-06-28T02:31:34","date_gmt":"2024-06-27T23:31:34","guid":{"rendered":"https:\/\/funclubcasinonodepositbonus.icu\/2024\/06\/28\/playup-appoints-new-cfo-secures-35-million-investment-from-ftx\/"},"modified":"2024-06-28T02:31:34","modified_gmt":"2024-06-27T23:31:34","slug":"playup-appoints-new-cfo-secures-35-million-investment-from-ftx","status":"publish","type":"post","link":"https:\/\/funclubcasinonodepositbonus.icu\/2024\/06\/28\/playup-appoints-new-cfo-secures-35-million-investment-from-ftx\/","title":{"rendered":"PlayUp Appoints New CFO, Secures $35 Million Investment from FTX"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/-5UC0hoGyjw\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>PlayUp has recruited Art Hamilton as their Chief Financial Officer for the United States. They also received a substantial investment from FTX, a digital currency exchange.<\/p>\n<p>Hamilton possesses extensive experience in this domain. He previously worked at NYX Gaming Group, which acquired OpenBet, which was subsequently purchased by Scientific Games.<\/p>\n<p>Hamilton is the most recent addition to PlayUp&#8217;s leadership team. Dennis Drazin assumed the role of Chairman in December 2021.<\/p>\n<p>These recent appointments follow a legal dispute between PlayUp and their former CEO, Laila Mintas.<\/p>\n<p>PlayUp sought to prevent Mintas from engaging in specific activities, but the court did not concur. They ruled that PlayUp failed to demonstrate that Mintas&#8217; actions hindered FTX from acquiring PlayUp.<\/p>\n<p>Mintas is now pursuing legal action against PlayUp for damages, alleging that PlayUp&#8217;s accusations are unfounded and have harmed her reputation.<\/p>\n<p>In addition to hiring Hamilton, PlayUp also secured $35 million from FTX. This investment played a significant role in the dispute with Mintas. <\/p>\n<p>PlayUp declared that this funding round will be used to speed up its entrance into the American market.<\/p>\n<p>Ramnik Arora, Product Chief at FTX, stated: &#8220;We are thrilled to invest in PlayUp. We believe PlayUp is at a crucial stage in its business growth.&#8221;<\/p>\n<p>PlayUp Global CEO Daniel Simic added: &#8220;We are very enthusiastic about the advancement we are making in the United States. FTX&#8217;s recent investment will aid PlayUp in accelerating its opportunities in the American market and expanding our business in the worldwide sports betting and wagering sector.&#8221;<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>PlayUp has recruited Art Hamilton as their Chief Financial Officer for the United States. They also received a substantial investment from FTX, a digital currency exchange. Hamilton possesses extensive experience in this domain. He previously worked at NYX Gaming Group, which acquired OpenBet, which was subsequently purchased by Scientific Games. Hamilton is the most recent [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PlayUp Bolsters US Team with New CFO &amp; FTX Investment<\/title>\n<meta name=\"description\" content=\"PlayUp welcomes Art Hamilton as CFO, bringing extensive experience from NYX Gaming Group and OpenBet. 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