Lion Gaming Group is a Calgary, Canada-based iGaming technology provider offering white-label, turnkey, and API online casino and sportsbook solutions powered by its proprietary Fer0x Engine. The platform supports both traditional fiat and cryptocurrency wagering (including Bitcoin and Ethereum) and integrates with Sportradar's odds feed and risk-management systems covering over 420,000 sporting and esports events annually. Originally founded in 2013 as Monster Byte, one of the earliest Bitcoin casinos (operating BitcoinRush.io/CasinoBitco.in), the company later rebranded to Lion Gaming Group and pivoted to a B2B iGaming platform business. Lion Gaming was acquired by Stockholm-listed Adventure Box Technology AB in January 2025 in a share-based deal valued at approximately SEK 467 million (~$45M), with Lion shareholders taking ~94.88% ownership of the combined entity.
Lion Gaming has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2013
Employees
51–100
Total Funding
$2.75M
2 rounds
Total raised $2.75M across 2 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Undisclosed venture (cumulative)
Date
Amount
$2.75M
Valuation
—
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Undisclosed venture (cumulative) | $2.75M | — | Not disclosed | |
| March 4, 2025 | Line of credit (post-acquisition) | Not disclosed | — | Not disclosed |
Duncan McIntyre
Founder, President & CEO
Competitor list is illustrative and may be incomplete, stale, or erroneous.
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