The venture, Betr, will kick off with its first video series, 'BS With Jake Paul.'
“Micro-betting is the TikTok-ification of sports betting and I am excited to bring it to the masses through Betr,” Paul said in a statement. “We are in this for the long haul and are focused on doing things the right way…. We want to be the category defining consumer company in both sports betting and sports media by the end of the decade and are confident we will achieve that goal.”, with other projects to follow.
Levy is also the co-founder of the gambling technology company Simplebet, and Betr will be using Simplebet’s tech as it builds out its own betting business. It will launch with a free-to-play game and will work to become available on a state-by-state basis afterward. The company says it has secured equity partnerships that will help it grow its betting business.
For now, the $50 million in launch cash is coming from a wide range of investors, including venture funds like Florida Funders , 8vc and Aliya Capital Partners, as well as celebrity investors like Travis Scott, Ezekiel Elliott and Richard Sherman. Paul initially became famous on Vine, the defunct social video app, before jumping to YouTube. He also scored a role on the Disney Channel series
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
FuboTV will 'no longer pursue' in-house sports betting on its ownFuboTV said it will 'no longer go down the wagering path independently' in a shareholder letter. Instead, it's looking for strategic partnerships to run its Fubo Sportsbook moving forward.
Weiterlesen »
If Baker signs sports betting bill, regulators say it could take months to set operator rulesWith a bill now on Gov. Charlie Baker's desk, some proponents expressed hopes Bay Staters could place wagers at the start of football season. However, the Massachusetts Gaming Commission said, if the bill is signed into law, setting up detailed rules for would take at least a few months.
Weiterlesen »
Today in sports history: Aug. 8In 1984, Carl Lewis sets the Olympic record in the 200 meters with a 19.80 clocking. See more sports moments from this date:
Weiterlesen »
Today in sports history: Aug. 7In 2012, Aly Raisman becomes the first U.S. woman to win Olympic gold on floor. See more sports moments from this date:
Weiterlesen »
Are There No Athletes Assigned Female at Birth Who Transitioned and Competed in Men’s Sports?As the world governing body for swimming effectively banned transgender women from competing in women’s events, misinformation about transgender athletes spread.
Weiterlesen »