BetHog celebrates launch following $6m seed investment
The cryptocurrency casino and sportsbook was founded by the co-founders of FanDuel.
Key Points
- Players will be able to access exclusive casino and skill games on BetHog
- The company aims to focus on product development and partnership building
Cryptocurrency casino and sportsbook BetHog has made its debut after securing $6m in seed funding.
The company was founded by FanDuel Co-Founders Nigel Eccles and Rob Jones. BetHog will offer players access to exclusive skill and casino games.
Eccles took a moment to further outline a few of the company’s goals going forward.
He said, “The crypto casino market has seen dramatic growth over the past few years driven by innovations like provably fair games, robust VIP programs and streaming.
“With BetHog, my goal is to innovate even further by bringing unique and highly visual games to market. I want to offer users unique play-along and skill-based titles, combined with a robust VIP offering, but most of all, this is about maximizing fun for our users!”
Key investors included Will Ventures, Bullpen Capital, Karatage, Advancit Capital, along with Chris Grove, Partner Emeritus at Eilers & Krejcik, LLC and Flutter Entertainment Co-Founder Josh Hannah, who participated as angel investors.
6MV General Partner Serge Kassardjian expressed his excitement to team up with BetHog for the launch.
The company said it plans to “prioritize investment in product development while scaling the business via strategic partnerships” now that the first round of funding is complete.
He commented, “We are thrilled to be backing Nigel and the entire team at BetHog on this investment. We think they are perfectly positioned to unlock this massive opportunity to build the most innovative online casino and betting platform of this era of crypto.
“We believe this will bring in a diverse audience of crypto and non-crypto gamers to enjoy this differentiated and fun gambling experience.”
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