Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Thomas
01.23.25
Pillsbury advised Discerning Capital, a financial services company investing at the intersection of betting, sports, media and technology, in leading a $5.6 million funding round for SlotCycle, the leading marketplace connecting buyers and sellers of gaming equipment.
Other industry investors advised by Spectrum Gaming Capital also participated as investors.
The newly raised funds are expected to enhance its white-glove consignment services, where machines are serviced for resale, and to grow its fully digital marketplace, as reported by a company press release. Additionally, under the agreement, Discerning Capital’s managing partner Davis Catlin will join SlotCycle’s board of directors alongside other seasoned industry veterans.
To learn more about the transaction, click here.
The Pillsbury Corporate deal team was led by special counsel Sam Lipson and associate Kristin Garr.