Yolo Investments makes 5.8x ROI after Coolbet is sold to GAN

Yolo Investments has secured a 5.8x return on its initial investment in Estonian sports betting operator Coolbet following its acquisition by GAN. The return marks the first start-to-exit investment for the venture capital firm founded by former Coingaming CEO Tim Heath in 2017. As a result of GAN’s €149m purchase of Coolbet, Yolo Investments now…

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