After raising $6 million in seed money, BetHog, a brand-new bitcoin casino and sportsbook, has formally started. Co-founded by Rob Jones and Nigel Eccles, two seasoned FanDuel employees, the business is poised to transform the online gaming industry. With a bold strategy to provide distinctive casino and skill-based games, BetHog hopes to provide a gaming experience unmatched in the quickly expanding cryptocurrency casino industry.
Eccles, who previously helped establish FanDuel, shared his vision for BetHog’s future: “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 Backing BetHog’s Vision
Reputable investors Will Ventures, Bullpen Capital, Karatage, and Advancit Capital were among those that contributed to the $6 million investment round. Additionally, angel investors including Josh Hannah, co-founder of Flutter Entertainment, and Chris Grove from Eilers & Krejcik LLC took part in the investment round. The increasing trust in BetHog’s ability to revolutionize the cryptocurrency gambling industry is demonstrated by their support.
Serge Kassardjian, General Partner at 6MV, expressed his excitement about working with BetHog, noting the company’s potential to lead the crypto casino revolution. “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,” Kassardjian said.
The post BetHog Launches with $6 Million Seed Funding to Revolutionize Crypto Gambling appeared first on iGaming.org.