BetHog – a new cryptocurrency casino and sportsbook company – announced a public launch with $6 million in seed funding led by 6MV with participation from Will Ventures, Bullpen Capital, Karatage, Advancit Capital, and several angel investors such as Chris Grove, Partner Emeritus at Eilers & Krejcik, LLC and Josh Hannah, co-founder of Flutter Entertainment.
Launched by serial tech entrepreneurs and co-founders of sportsbook FanDuel, Nigel Eccles and Rob Jones, BetHog was built through decades of experience and trust. And the platform has emerged from private alpha with various casino games, such as exclusive BetHog Originals and fan favorites from popular studios like Pragmatic and Evolution.
Borrowing from the vast experience in building consumer entertainment products, the BetHog Originals include innovative variants of crash and mines and a completely new approach to player-versus-player games. These games also include a first-of-its-kind feature that allows consumers to play alongside their favorite streamers.
The BetHog casino was built on Solana, with SOL being the supporting token for its PvP titles. In addition, BetHog also accepts Bitcoin, Ethereum, and USDT on its other titles. BetHog is now available globally with a number of jurisdictional restrictions (including the USA and UK).
With this first funding round, BetHog will prioritize investment in product development while scaling the business via strategic partnerships.
KEY QUOTES:
“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!”
– Nigel Eccles, Co-founder & CEO of BetHog
“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.”
– Serge Kassardjian, General Partner at 6MV
