The Carousel Group-operated betting brand, which bears the name of the men’s lifestyle magazine, has welcomed the funding from existing investor ZK International Group, a China-based engineering company.
As part of the investment, ZK has increased its ownership stake to 15.73%, with the option to increase its position to 25%.
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Original article: https://igamingbusiness.com/chinese-group-zk-increases-stake-in-maximbet/