Jake Paul, Betr Acquire Ohio Online Sports Betting License

Acquisitions

Summary

Pictured: Jake Paul celebrates after defeating Ben Askren in their cruiserweight bout during Triller Fight Club at Mercedes-Benz Stadium on April 17, 2021 in Atlanta, Georgia. Betr, backed by rising superstar boxer Jake Paul, continues making waves in the sports betting industry. Founder and CEO Joey Levy announced Wednesday the company nabbed its first gaming license and Betr is set to launch its first betting product in Ohio in January. Betr raised $50 million from powerful ownership groups, including pro sport franchises like the Boston Celtics, Miami Marlins and San Francisco 49ers. Levy told Action Network’s own Darren Rovell that one-third of college football wagers at DraftKings were micro-bets — drive outcomes, or other smaller-window bets — last season.

Classifications

industries
Entertainment
applications
No applications detected

AskAI Classifications

Labels
No AI classifications detected

Linked Companies