Justin McManus
A sports media business backed with more than $70 million in funding by some of Australia’s business, political and sporting elite, including Prime Minister Malcolm Turnbull, has been placed into liquidation.
PlayUp’s holding company, Revo Pty Ltd, did not contest a winding-up application in the Federal Court in Melbourne last week, capping a dramatic nine years in business that featured grand plans of establishing sports gambling and then social media apps a…
Read the full article at: http://www.afr.com/business/sport/sports-tech-firm-playup-in-liquidation-after-burning-70-million-of-highprofile-investor-funds-20160128-gmg8ue