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Youbetme raises 2.7 Million
Sunday November 23 ,2014 : SOCIAL GAMING FIRM RAISES NEW CAPITAL
$2.7 million will help raise head count and spur app development.
US investors seem to like social gaming firm Youbetme, which has raised a further $2.7 million in funding this week following its $1,2 million in start-up funding back in January this year.
Based in San Francisco, the company reports that its sports betting-oriented app achieved over 100,000 downloads in the first months following its launch, and is set to reach more than a million by the end of 2014.
The app does not permit real-money wagering, but records and facilitates communication between parties who bet with one another on events that range from personal challenges and prop bets to sporting wagers.
As one company spokesperson explained:
"Youbetme caters to not only sports enthusiasts, college students, young professionals, but anyone seeking a simple and engaging way to place a friendly wager on anything and everything."
The new funds will be used to increase head count in the growing company, and invest in further technical development, expanding its current iOS availability to Android platforms.
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
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