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GameCo

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The pioneer of the new land-based and online arcade gambling experiences

Las Vegas, United StatesFounded 2015Consumer Services
Valuation $250–500M Last recorded · 2018
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for GameCo and the history behind them.

About GameCo

GameCo, LLC operates at the intersection of video games and casino gambling, having developed what it terms the Video Game Gambling Machine (VGM). Founded in 2015 by Blaine Graboyes, a figure with a nearly 30-year history in technology, media, and gaming innovation, the company was established to attract a younger demographic, specifically millennials and Gen X players, to the casino floor. Graboyes, an inventor with several patents in skill-based gaming, co-founded the company after observing that millennial gamers often bypassed traditional slot machines in casinos.

The company's core product, the VGM, is an arcade-style cabinet that allows a player's skill to influence the payout, while still maintaining the same house edge as traditional slot machines. This business model merges the interactivity of video games with the thrill of gambling. GameCo's approach involves both single-player and multiplayer formats, including esports-style tournaments. The company generates revenue by deploying these machines in casinos and has secured licenses to operate in over thirty gaming jurisdictions, including Nevada, New Jersey, California, and Oklahoma. In 2022, the company was acquired by Green Jade Group.

GameCo's game library is diverse, featuring genres from sports and racing to action and puzzle games, developed both in-house and under license from major entertainment companies like Paramount, Bandai Namco, and CBS Consumer Products. Notable titles include "Nothin' but Net 2," "All-Star Hoops," and games based on franchises like "Mission: Impossible" and "Star Trek". The company made its debut by launching its VGMs in Caesars Entertainment properties in Atlantic City in 2016. In March 2021, Adam Rosenberg, a former managing director at Fortress Investment Group with extensive experience in the gaming and leisure sector, was appointed CEO, succeeding Graboyes. This leadership change followed new investments from Playtech and SpringOwl Asset Management, aimed at accelerating the company's expansion into iGaming and esports betting.

Source: Dealroom company data

At a glance

Status
Closed
Founded
2015
Headquarters
Las Vegas, United States
Employees
16
Open positions
None listed
Dealroom signal
0.0/100
Industry
Gaming
Sub-industry
eSports, Betting & Gambling
Sector
Consumer Services, Video Games, Game Development, Video, Betting & Gambling
Business model
SaaS
Client focus
b2c
Investment activity
1 company, latest Oct 2022
Capital deployed
—
Preferred round
MERGER

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
MERGEROther financing Oct 2022 $0 — Green Jade ↗
EARLY VCOther financing Mar 2021 $0 — SpringOwl Asset Management · Playtech —
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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Growth signals

GameCo website traffic

Latest recorded traffic for GameCo is 240 monthly website visits, down 95.1% over the last three months. GameCo's team grew 0% over the past year.

Latest monthly visits240 3-month web change-95.1% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

11 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

Series A3 investors entered at this stage

  • Javelin Venture Partners
  • SpringOwl Asset Management
  • Playtech

Other known investors7 additional known investors

  • Green Jade
  • AngelFire Ventures
  • Avi Fogel
  • Brand Building Ventures
  • Courtside Ventures
  • New York Venture Partners
  • Rosepaul Investments / RosePaul Ventures
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States75%
🇮🇱 Israel25%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about GameCo on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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