I’m pleased to announce that XST Capital Group and Roselli Advisory served as placement agents and financial advisors to NorthStar Gaming Holdings Inc. (TSX-BET.V) in securing one of the largest debt financings to date in the online casino industry, valued at $43.4 million CAD. This complex and transformative deal underscores not only NorthStar’s vision for the Canadian gaming sector but also our commitment to driving bold, future-forward transactions in the digital gaming space.

There have only been a handful of online casino loan transactions to date, making this financing a watershed moment for our industry, particularly in the Canadian gaming market. By bringing together multiple stakeholders and assisting in structuring a complex transaction we’ve helped position NorthStar Gaming to accelerate growth, expand its market presence, and continue delivering value to its customers and partners. This deal is a testament to how XST Capital Group leverages deep sector expertise, rigorous financial analysis, and strategic partnerships to unlock opportunities for fast growing companies.

I’m immensely proud of our team for their tireless dedication and strategic insights in making this transaction a reality. A huge thank you to Greg Roselli for his outstanding partnership on this deal. It was a pleasure to coordinate with Beach Point Capital Management, Playtech, and the NorthStar Gaming executive team. As we celebrate this milestone, we remain committed to supporting leaders in digital gaming and beyond, helping them capitalize on transformative moments like this one.

— Joel H. Simkins, Founder & CEO, XST Capital Group

Read the Full Press Release Here: NorthStar Gaming Announces $43.4 Million CAD Long-Term Debt Financing