FanDuel Co-Founders Launch BetHog Crypto Casino & Sportsbook
FanDuel co-founders Nigel Eccles and Rob Jones have announced the launch of a new crypto-backed casino and sportsbook called BetHog. This statement comes as the new venture has received $6 million in funding from investors to launch the fledgling business.
BetHog launched as a new crypto-backed casino and sportsbook.
LISTEN TO THIS ARTICLE:The seed funding comes from investors including Will Ventures, Bullpen Capital, Karatage, Advancit Capital, and individuals Chris Grove and Josh Hannah.
BetHog boasts that the platform is a blend of traditional casino offerings and the dynamic cryptocurrency sector. The new gaming operator says it is trying to attract a mix of players from both of these markets. The launch of BetHog sees the platform available globally except in the United States (US) and United Kingdom (UK) jurisdictions.
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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BetHog Plans to Use Blockchain Technology
The new sportsbook and casino platform will be powered by Solana blockchain technology and will accept leading crypto currency including Bitcoin, Ethereum, and USDT. The founders boast this new casino platform is set to become a disruptor to the status quo of the igaming sector.
The gaming portfolio at the new BetHog online casino will comprise many original titles for in-house development, as well as popular game content from tier 1 suppliers Pragmatic and Evolution.
The statement outlined that BetHog plans to produce skill based games using the latest Web3 and cutting edge blockchain technology.
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!
There has been some debate in the past when comparing cryptocurrency casinos vs traditional online casinos.
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