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Entrepreneur - New Business
Funding Needed For Unique Fantasy Sports Gambling Site
Posted by:
Scott Shay
on 1/3/2012 6:41:10 PM
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Funding Needed
:
Under $100k
Category:
Sports / Gaming & Entertainment
Website :
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Location :
Pensacola,
Florida,
USA
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Description:
Entrepreneur with experience in fundraising and sports media is looking for $30,000 in funding to help with costs of a potentially game changing fantasy sports website.
Fantasy sports has grown into an over two billion dollar industry, the last four years bringing a %60 growth increase.
1 in 5 adult males in the US between the ages of 28-45 have played fantasy sports in the last year; the majority being college educated and employed full time. This is an enormous, booming field with increasing growth.
In 2006 the Unlawful Internet Gambling Enforcement Act specifically excludes fantasy sports as illegal gambling, ruling that fantasy sports are games of skill, not chance-therefore not subjected to the same laws as other gambling games making betting on fantasy sports completely legal in the U.S.
I have already partnered with a web developer with intimate knowledge of this field. The site will be completely innovative and unique while maintaining the core qualities of all fantasy sports games. There will be one defining feature which will set this website apart from others in the field.
Please contact me for details and thank you for your interest.
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