Online Gambling Start-Ups Seeking Crowd Funding

Published Monday, January 25, 2016 -
Online Gambling Start-Ups Seeking Crowd Funding

The forward thinking entrepreneurs in the online gambling industry are looking for the next important advancement in internet betting. Innovation is a word that can inspire those on the search for something new and different. The gambling industry has been moving with the trend towards mobile developments which is being created by a younger demographic and their position in the internet wagering marketplace. Start ups in 2016 are focusing on creating technology that makes the rest of the online gambling industry nervous and looking for solutions that satisfy the growing market.  

GamCrowd is a motivated new entry that is gathering steam as it develops a method to crowd source funds for start ups in the online gambling industry. Chris North Chief Executive Officer and a successful entrepreneur that has founded several start ups within the gambling industry explained the enterprise coming to ICE Totally Gaming 2016 in February. “GamCrowd’s Pitch ICE is a great way to start the process of getting your idea noticed in our industry. The free event we produce in partnership with Clarion events gives start-ups the platform to market their businesses to the industry before, during and after the show. This could lead to all sorts of opportunities from distribution deals, investment to finding people within the industry with the skills, expertise and contacts that you may not have” North added,  “The barrier to entry to build on an idea has come down considerably with the online support platforms available now that weren’t there a couple of years ago.”

A mature attitude prevails in the effort to help new investors with information that is to the point as the GamCrowd web site explains. Investing in start-ups and early stage businesses involves risks, including illiquidity, lack of dividends, loss of your investment and dilution and it should be done only as part of a diversified portfolio.

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