Northstar Gaming Holdings Inc (TSE:BET) has released an update.
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NorthStar Gaming Holdings Inc. has secured a $3 million unsecured promissory note from Playtech plc to bolster its balance sheet and fund ongoing growth initiatives. The note carries an 8% annual interest rate, with a maturity date set for the earlier of April 25, 2025, or upon the company’s completion of additional financing of at least $10 million. This strategic financial move is set to advance NorthStar’s market position and support its Canadian casino and sportsbook platform.
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