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GamyTech Looking To Raise $5 Million
GAMYTECH SEEKING $5 MILL IN INVESTMENT CAPITAL
Israel-based company specializes in creating real-money activity on skill-based mobile games.
Two years after launching in Israel, the real-money, skill-based mobile game platform provider GamyTech reports that its competitive games have already been downloaded over 500,000 times, and its player-base is currently doubling monthly.
The company can integrate popular games into its systems, or develop its own unique games in which players compete against one another and wagering adds to the interest and excitement.
Founder and CEO Jonathan Swerdlow is now seeking investment capital of $5 million in order to maintain momentum and expand, using conventional advertising, affiliate activity and social media channels.
Swerdlow successfully raised $2 million in seed money from angel investors to start his company in June 2014, launching his first games a few months later.
The company has a number of new games in the pipeline, including one which is a mix of Bejewelled and Candy Crush (that resonates with reports earlier this week that two UNLV students have developed a new skill game inspired by these games
Future plans include the introduction of multiplayer tournaments with large prize pools before the end of this year.
The U.S. skill-based gaming market is growing fast, with a national consumer study conducted by Frank N. Magid Associates recently predicting that the sector will deliver annual revenues of over $9 billion by next year.
Gambling News :
Alegriabet Finally Launches -
Our online betting site will deliver a full, market-leading suite of services including pre-match and live betting as well as virtual sports
International Table Tennis Federation in deal with Sportradar. -
The International Table Tennis Federation (ITTF) has today announced it has signed a brand-new integrity partnership with Sportradar utilising the organisation’s world-leading monitoring, intelligence and prevention solutions to help safeguard the sport against match fixing.
NBA odds on Thunder vs. Pacers Game? -
This Wednesday night in Indianapolis, Paul George is due to play his first game at the Fieldhouse as a member of the Oklahoma City Thunder (12-13 SU, 8-17 ATS). But George might not face the Indiana Pacers (15-11 SU, 16-10 ATS); he’s listed as day-to-day with a right calf contusion. Tip-off is at 7 PM ET on ESPN.
2 New Christmas Slots For Microgaming -
Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.
SportsBetting Supreme Court Showdown -
Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)
NBA Odds: Heat Can Burn Cavaliers in Cleveland -
The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.
Games Concept Day in Malta -
The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.
AFC’s fight against match-fixing -
The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.
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