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BY Steven Stradbrooke ON May 18, 2017
s New Jersey waits to learn if the US Supreme Court will consider its bid to overturn the federal ban on Sports Betting, gaming operators continue to offer consumers pseudo-betting options to fill the void.
On Monday, WinView Inc announced that it had raised $12m in financing to further develop its WinView Games free-play in-play Sports Betting mobile app. The funding round is a tenfold bump on the $1.2m the “second-screen gaming” company raised back in 2015.
Among the deep-pocketed investors who contributed to WinView’s latest funding round are Ted Leonsis, who owns the NBA’s Washington Wizards and the NHL’s Washington Capitals. Leonsis previously participated in funding rounds led by daily fantasy sports operator DraftKings.
The ad-supported WinView app offers fans the ability to enter contests in which they predict a variety of in-play outcomes for a chance to win virtual credits in the form of WinCash, which can be redeemed for real cash. WinView says its contests are legal in all 50 states since they don’t require players to ante up an entry fee.
WinView currently has about 130k registered users, and the hope is that the new funding will enable the company to boost awareness while expanding its roster of sports options beyond US-focused football, basketball and baseball. The company is also working on developing pay-to-play options.
FASTPICK PUSHING FANTASY BOUNDARIES
Over in New Jersey, a new parlay Sports Betting product is preparing to make its debut. SportAD (Sport Analytics & Data), formerly known as Fast Fantasy, plans to launch its FastPick.com website this month, after which the company will begin offering its product via Resorts Casino Hotel’s New Jersey-licensed online gambling operations as well as over-the-counter at the Atlantic City casino’s new iGaming lounge.
SOURCE - CalvinAyre.com
s New Jersey waits to learn if the US Supreme Court will consider its bid to overturn the federal ban on Sports Betting, gaming operators continue to offer consumers pseudo-betting options to fill the void.
On Monday, WinView Inc announced that it had raised $12m in financing to further develop its WinView Games free-play in-play Sports Betting mobile app. The funding round is a tenfold bump on the $1.2m the “second-screen gaming” company raised back in 2015.
Among the deep-pocketed investors who contributed to WinView’s latest funding round are Ted Leonsis, who owns the NBA’s Washington Wizards and the NHL’s Washington Capitals. Leonsis previously participated in funding rounds led by daily fantasy sports operator DraftKings.
The ad-supported WinView app offers fans the ability to enter contests in which they predict a variety of in-play outcomes for a chance to win virtual credits in the form of WinCash, which can be redeemed for real cash. WinView says its contests are legal in all 50 states since they don’t require players to ante up an entry fee.
WinView currently has about 130k registered users, and the hope is that the new funding will enable the company to boost awareness while expanding its roster of sports options beyond US-focused football, basketball and baseball. The company is also working on developing pay-to-play options.
FASTPICK PUSHING FANTASY BOUNDARIES
Over in New Jersey, a new parlay Sports Betting product is preparing to make its debut. SportAD (Sport Analytics & Data), formerly known as Fast Fantasy, plans to launch its FastPick.com website this month, after which the company will begin offering its product via Resorts Casino Hotel’s New Jersey-licensed online gambling operations as well as over-the-counter at the Atlantic City casino’s new iGaming lounge.
SOURCE - CalvinAyre.com
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