Chinese group ZK increases stake in MaximBet
| By Richard Mulligan
MaximBet has brought in $10m of additional investment as it continues its roll-out across the US.
The Carousel Group-operated betting brand, which bears the name of the men’s lifestyle magazine, has welcomed the funding from existing investor ZK International Group, a China-based engineering company.
As part of the investment, ZK has increased its ownership stake to 15.73%, with the option to increase its position to 25%.
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