Noticias de ultima
  • 12.00 Atlaslive explains The Importance of Localization in iGaming
  • 12.00 Award-Nominated EGT Digital Brings Sweet Spins, Smart Tech, and New Thrills to SiGMA Central Europe 2025 
  • 12.00 Florida Gaming Control Commission Has Appointed New Executive Director
  • 12.00 Gaming Industry Awaits Outcome of New Jersey Governor’s Election on Three Critical Fronts
  • 12.00 Americans Embrace Legal Gaming and Recognize Industry’s Focus on Player Protection
  • 12.00 GAT Expo Puerto Rico positioned the island as a new gaming hub
  • 12.00 Uplatform Nominated for Top Honors at the AffPapa & SiGMA Awards
  • 12.00 Lucky Joker is Onlyplay’s New Slot Full of Surprises, Fun and Big Wins
  • 12.00 The Amigo Advantage: Speed, Strategy, and Winning in LATAM
  • 12.00 Soft2Bet: The Global iGaming Platform Powering Next-Generation Online Casinos
Gaming

SlotCycle Raises $5.6M to Transform Secondary Gaming Equipment Market, Led by Discerning Capital

Thursday 23 de January 2025 / 12:00

2 minutos de lectura

(Las Vegas).- SlotCycle, the leading marketplace connecting buyers and sellers of gaming equipment, today announced the successful closing of $5.6 million in growth capital. This strategic investment, led by Discerning Capital and including participation from other industry investors advised by Spectrum Gaming Capital, highlights SlotCycle's mission to revolutionize the secondary gaming equipment market through advanced technology, exceptional service, and robust physical infrastructure.

SlotCycle Raises $5.6M to Transform Secondary Gaming Equipment Market, Led by Discerning Capital

Driving Transformation and Growth

The funding round includes Davis Catlin, managing partner of Discerning Capital, joining SlotCycle's board of directors alongside other seasoned industry veterans. Catlin emphasized the platform's impact: "SlotCycle is revolutionizing the secondary gaming equipment market by addressing inefficiencies and creating value for buyers and sellers. Its multisided marketplace delivers transparency, efficiency, and reduced transaction risks—qualities transforming this fragmented industry. We're excited to partner with SlotCycle to accelerate this growth."

Strategic Use of Funds

SlotCycle will use the capital to enhance its white-glove consignment services, where machines are serviced for resale, and to grow its fully digital marketplace, SlotCycle.com. This platform connects buyers and sellers globally, offering regulatory compliance, broader market access, and competitive pricing.

Scott Barber, CEO of EBCI Holdings and an early SlotCycle investor, shared his enthusiasm: "SlotCycle.com offers unmatched solutions for operators and manufacturers, addressing challenges like compliance and logistics while streamlining transactions. This funding will help SlotCycle advance its innovative approach to the market."

Bridging the Digital and Physical

Combining its 35,000-square-foot Las Vegas service center with the digital capabilities of SlotCycle.com, the company is uniquely positioned to assess, refurbish, and distribute slot machines and parts, with plans for significant growth. Founder and CEO Jeff Jordan, recently named one of GGB Magazine's Top 25 Leaders to Watch in 2025, remarked: "This growth capital empowers us to enhance our digital platform, expand partnerships across Asia, Europe, and Latin America, and strengthen our position as the essential partner for operators, manufacturers, and resellers worldwide."

Categoría:Gaming

Tags: SlotCycle,

País: United States

Región: North America

Event

G2E - Las Vegas 2025

06 de October 2025

CT Interactive on Innovation, Networking, and Market Growth at G2E 2025

(Las Vegas, SoloAzar Exclusive).- The global gaming industry marked G2E’s 25th anniversary with a major gathering in Las Vegas. CT Interactive stood out for its innovative product development and international growth strategy. Account Manager LATAM at CT Interactive, Roberto Muñoz, shared insights on G2E’s importance, emerging trends, and the company’s collaborative expansion efforts.

Thursday 30 Oct 2025 / 12:00

Atlaslive Explored the Future of Gaming in Latin America at Recent G2E 2025

(Las Vegas, SoloAzar Exclusive).- Bruno Almeida, Head of Sales LATAM at Atlaslive, attended G2E for the first time to explore how land-based and online gaming are converging. His experience highlighted key trends shaping the Latin American market, from immersive casino innovations to strategic networking and regulatory insights.

Monday 27 Oct 2025 / 12:00

G2E 2025: Cristian Galarza, ASAP Director Explains the Importance of Attending the Event

(Las Vegas, SoloAzar Exclusive). - After attending the 25th anniversary edition of G2E in Las Vegas, ASAP’s director shares his perspective on the evolution of the industry, driven by digitalization, efficiency, and the creation of international networks that foster new business opportunities.

Tuesday 28 Oct 2025 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

PODCAST

MÁS CONTENIDO RELACIONADO