I was surprised they got such an investment, the site looks as though it hardly has any traffic (empty forums etc) and there was nothing special about it, for £200k he could have easily built a good network of sites with a lot of marketing and branding and kept 100%
This is also a good post about it Theo Paphitis is robbed of £200k for 30% of affiliate site Gaming Alerts in Dragons Den TV show | Kieron Donoghue
Also wasn’t the only gambling related investment attempt on dragons den BBC – Dragons’ Den – Entrepreneurs – JJ Hazan