202106 Apr
Pllay adds $1M in funding for skill-based video game wagering
Type
Funding Rounds
Funding
202106 Apr
$1000KSeed
Source
Venturebeat
Summary

The funding comes in addition to the $3 million that Pllay raised in November, when it announced that it raised money from James McGuckin’s Screen Play Ventures and other angel investors including NBA All-Star Bradley Beal, Obsidian Works head Chad Easterling, and GE Power Portfolio CEO Russell Stokes. “What really drew them to us is our perspective on gaming from a monetization layer, and how that connects into a lot of their relationships with brands, in particular, quick service franchises,” Gunn said. Pllay’s AI computer vision specializes in real-time monitoring of matches, making it a kind of virtual referee that certifies wins and losses and creates a safe environment for gamers to wager with confidence while removing any concerns they won’t get paid, Gunn said. Currently, players can wager on Call of Duty: Modern Warfare, Madden 21, FIFA 21, NBA 2K21, and Fortnite on Xbox and PlayStation consoles. Whether you read our articles, listen to our podcasts, or watch our videos, GamesBeat will help you learn about the industry and enjoy engaging with it.

Classifications
  • Game Developers
  • Entertainment