Former Ve International boss to lift hundreds of thousands for brand spanking new gaming enterprise

Former Ve Global boss to raise millions for new gaming venture

Morten Tonnesen’s CV also includes a stint at PokerStars (Dominic Lipinski/PA)
Morten Tonnesen’s CV additionally features a stint at PokerStars (Dominic Lipinski/PA)

The previous chief govt of Ve International is to launch a brand new on-line gaming platform and is in talks with traders to lift a 100 million US greenback (£77 million) acquisition warfare chest.

Morten Tonnesen, who headed up former tech darling Ve after its collapse in 2017, is spearheading a enterprise dubbed Wager Warrior, the Press Affiliation has learnt.

With a give attention to sports activities betting and on line casino gaming, the web group will initially launch in Latin America and Europe, throughout the UK, Germany, Spain and Bulgaria.

Wager Warrior may also take into account a transfer to the US.

Mr Tonnesen is known to be tapping up non-public fairness and enterprise capital traders for his new agency and an official announcement is imminent.

The corporate can have its headquarters in Malta, however may also look to construct a presence in London and Barcelona.

It’s thought the 100 million {dollars} will probably be used for acquisitions of tech suppliers, sports activities information firms and smaller operators.

Mr Tonnesen’s CV additionally features a stint at PokerStars, the web playing platform.

He left Ve International – a former “tech unicorn”, a start-up firm price multiple billion US {dollars} – final 12 months after serving to lead a turnaround on the agency.

Previously often called Ve Interactive, the agency was valued at £1.5 billion earlier than its failure in 2017.

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