GamCrowd to offer Crowdfunding to New Igaming Businesses

Maybe you have heard about it before, crowdfunding is the latest thing for businesses to do instead of getting a bank loan to start up their business. This allows investors from all over the world to see the business plan and decide whether or not they will be interested in investing in the project.

GamCrowd is the first company to create this sort of site for online iGaming businesses and is meant to be the social network site of people looking to invest and for people looking for investors to start up their iGaming business. The idea and concept was started by Chris North, who is the former Chief Executive of Fox Poker Club.

GamCrowd expects to launch their site in the end of January 2014 and gather some investors, experts and people who has great gambling ideas. Chris North made the following comment “The last start up I did struggled to register any interest from venture capital firms and so I went back to my own crowd. I didn’t know it was called crowdfunding at the time, but that is exactly what we did and it was a spectacular success.”

GamCrowd hopes to help people with great ideas get funding, so that the industry can continue to develop itself.

Daniel Allermand

Daniel Allermand is a freelance writer, with more than 4 years of experience in the industry as an operator, affiliate and poker player. Daniel has decided it was time to try and bring more coverage about the industry to the general public by writing articles about everything from poker to casino.  

Recent Posts

UK Gambling Commission issues a £6m fine to online operator Casumo

The UK Gambling Commission has issued a £6m (EUR 7.0m / USD 8.2m) penalty to online operator Casumo for severe…

3 weeks ago

Dutch Remote Gambling Act comes into force April 1

The Dutch Gambling Authority (Kansspelautoriteit/Ksa) expects that by October 1 this year, roughly 6 months from the enactment of the…

3 weeks ago

888 Holdings report a staggering 52% increase in revenue during 2020

Amidst a global pandemic, 888 Holdings has reported a staggering 52% increase in revenue during full-year 2020 to $849.7 million…

3 weeks ago

Playtech and Flutter shake hands on another 5 years

Playtech, a leading global gambling technology company, have announced the extension of their partnership with Flutter Entertainment for its Paddy…

3 weeks ago

Will FUN Token be on solid ground in iGaming?

FreeBitco.in, a large online (crypto) casino is ambitious and is looking to turn the FunFair (FUN)Token into the token of…

4 weeks ago

Has Swedish regulation failed?

Gustaf Hagman strongly believes so. In a recent interview with Gambling Insider, the LeoVegas Chief Executive Officer expressed his concern…

2 months ago