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Apple iSports Secures up to $25 Million Capital Facility from LDA Capital Group, LLC to Propel Gaming and Entertainment Acquisitions
Globenewswireยท2025-08-05 22:02

Core Insights - Apple iSports has secured a growth capital facility from LDA Capital Group, which will support its business strategy and expansion in the gaming and entertainment sectors [1][3][7] Group 1: Financial and Strategic Developments - The funding facility, along with the acquisition of LBC Enterprises Pty Ltd, highlights Apple iSports' capability to execute its business strategy and enhance its revenue streams from both B2B and B2C sectors [3][4] - The facility amounts to up to USD $25 million, with an option to increase to USD $50 million, aimed at working and growth capital purposes [7] - The Board of Directors of Apple iSports has unanimously approved the facility, indicating strong market confidence in the company's growth strategy over the next five years [7] Group 2: Market Position and Future Plans - Apple iSports aims to penetrate the U.S. market and establish an international iGaming footprint, leveraging its relationship with LDA Capital and LBC [4][5] - The company has over four decades of experience in regulated gaming markets, which it plans to apply in the U.S. market [5] - LDA Capital's commitment is expected to enhance Apple iSports' expansion efforts in prime markets like the USA and globally [4][7]