..

Online Sports Betting Company WinView Raises $12 Mil in New Round of Financing

Written by:
Guest
Published on:
May/15/2017

US-based online sports betting firm WinView.com planned to announce it has raised another $12 million in a second round of financing on Monday.

The backers are Graham Holdings, the former owner of The Washington Post; Discovery Communications; Ted Leonsis, the owner of the Washington Wizards and the Washington Capitals; and LionTree, a boutique investment bank.

Unlike traditional online sports betting companies, WinView.com will not be offering cash bets.  Instead, the social media platform will allow its customers to place free bets for real prizes.  These bets can also be placed throughout the game, a concept that has become extremely popular in recent years via LIVE IN-PLAY WAGERING.

From the WinView.com website:

WinView is the perfect complement to fantasy sports and brings you into the action like never before during nationally televised NBA games. Play along live while watching TV in quarter-long contests. Compete against your friends, family and fellow fans to see who performs best under pressure. If you think you know what’s going to happen next, it’s your big chance to win even bigger!

Gambling News

Experts Believe Covid-19 and Fan Eagerness May Expand Sports Betting in US

Experts Believe Covid-19 and Fan Eagerness May Expand Sports Betting in US

Experts believe that huge holes in state budgets due to the coronavirus pandemic and the demonstrated eagerness of fans to bet on sports are likely to spur a further expansion of sports betting and online casino gambling.

Michigan Nears Launch of Online Sports Betting

Michigan Nears Launch of Online Sports Betting

Michigan casinos could launch online sports betting and gambling games in December once state lawmakers waive the remaining time they have to review proposed licensing rules.

What to Avoid in Online Gambling Sites

What to Avoid in Online Gambling Sites

Online gambling, which started around 2010 has since grown to be one of the major activities on the internet today. Since then, the industry has seen a few changes in terms of public perception and acceptance. Also, the industry has witnessed some adjustments in the laws and regulations guiding its operation.

Controversy Brewing: Draftkings Voiding Tyson-Jones Bets?

Draftkings was among the only sportsbooks that booked Saturday night's monster Mike Tyson-Roy Jones, Jr fight.  Because it was billed as an exhibition fight, few were taking bets.  BetOnline only offered a handful of prop wagers, including whether Tyson-Jones would go the distance.

Start a Sportsbook Betting

Start a Sportsbook Betting

To start a book betting is actually very simple nowadays, instead of back in the day when everything had to be done by hand, and the betting options were extremely limited.

Syndicate