Established in 2014, Corchorus is a Hong Kong based private investment company that invests in companies which provide gaming services over the Internet. The main focus of the operation is to own and administer internet gambling companies.
Corchorus focuses on investments in small, niched gaming companies with larger flexibility and possibilities to manage the values in the customer databases. This enables the company to expand in the relevant markets and utilize their full potential.
The rapid rise of mobile gambling and the increase of live betting has seen dramatic changes in the gaming industry. Greater accessibility and much improved depositing and withdrawal methods have fueled this dramatic rise which industry experts say is set to continue over the next 5 years.
To date our primary focus areas have been as follows
In our view, there are two key issues to overcome in any investment or acquisition, namely;
Price – We see no point in spending hours of time discussing future plans, when clearly your price expectation is significantly different to ours.
Our approach is that after signing mutual NDA’s and exchanging high level information, we should agree on the price parameters. We look to investment through equity purchase or loan notes based on agreed performance levels or the achievement of preset milestones.We have considerable flexibility in structuring any deal.
Trust – To move forward in any business there must be trust and understanding and we place considerable importance on building and establishing a strong relationship. Future plans rarely run smoothly, so a bond needs to be mutually built that can withstand future challenges.
We’d like to see what you can say about your project but compacted into not more than 100 words! We’ll get to the details at the next stage.
We’re not in the business to mess around and we understand that your time is money. You’ll get a response from us within 24 hours.
If we see the value in your project and decide to proceed we’ll exchange our standard NDA for you to sign.
With NDA’s exchanged now it’s time for us to have a face to face meeting. Business relationships are fundamentally based on the personal relationship between the entrepreneur and the investor, let’s see how we get on together.
At this stage we’re going to need to take a good look at your business plan and the KPI’s that you’re forecasting. Now it’s time to open the books.
Well now it’s time to talk turkey! If we’ve reached this step then we firmly believe that you have something interesting and that we’re willing to help you with the project.
The legislation around online gaming is becoming ever more testing, this is now a task on our behalf to ensure that your business structure will pass the due diligence requirements of the jurisdictions that you intend to operate within.
Now the ball comes into your court, an offer will be on the table and that represents our commitment – now it’s time for yours.
The core team combines considerable gaming and financial experience.
Jon Thompson (“JT”) has an intense knowledge of trading, risk management and sports betting and has operated within the gaming profession throughout his career.
Well travelled with working experience in Antigua, Asia, Australia, Costa Rica, Curacao, Ireland, Malta, Panama and the UK and now based Internationally.
The team is backed by a large number of professional consultants covering risk management, IT, payment processing, finance and all aspects of gaming in the online and mobile space worldwide.
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Corchorus is an independent investment firm specialising in the iGaming Industry with a focus of Sports Betting, Horse Racing Betting and high level Trading Recruitment.