Gambling software company Banach Technology sold in $43m deal – The Irish Times

Dublin-headquartered gambling software company Banach Technology has been acquired in a $43 million (36 million) deal by an Irish subsidiary of Australian online bookmaker PointsBet. Banach is a sportsbook solutions provider that has developed a proprietary risk-management platform and quantitative-driven trading models for operators. It was founded by Mark Hughes, Alex Zevenbergen, Rob Reck and…