NetworkNewsBreaks – SinglePoint, Inc. (SING) Ann
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Posted On: 09/05/2018 6:29:05 PM
NetworkNewsBreaks – SinglePoint, Inc. (SING) Announces Additional Investment in StakeHaul
SinglePoint, Inc. (OTCQB: SING) this morning announced its completion of an additional investment in StakeHaul, the premier peer-to-peer betting application. StakeHaul offers a unique way for individuals to bet on anything, from the NFL’s week one matchups to a weekend round of golf. Per the update, StakeHaul has had over 70,000 lifetime downloads and consistent double-digit percentage growth in both monthly active users and bets placed on the platform. The StakeHaul team is currently finalizing testing for a new peer-to-peer payment model for lost bets in both USD and cryptocurrency, which will be a first in the industry. This push for innovation strategically positions StakeHaul to capitalize on the ongoing evolution of the $150 billion sports betting industry in the wake of a May 2018 Supreme Court decision to strike down the Professional & Amateur Sports Protection Act. Notably, industry data indicates that over one-third of all Americans bet on at least one sports event annually.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
SinglePoint, Inc. (OTCQB: SING) this morning announced its completion of an additional investment in StakeHaul, the premier peer-to-peer betting application. StakeHaul offers a unique way for individuals to bet on anything, from the NFL’s week one matchups to a weekend round of golf. Per the update, StakeHaul has had over 70,000 lifetime downloads and consistent double-digit percentage growth in both monthly active users and bets placed on the platform. The StakeHaul team is currently finalizing testing for a new peer-to-peer payment model for lost bets in both USD and cryptocurrency, which will be a first in the industry. This push for innovation strategically positions StakeHaul to capitalize on the ongoing evolution of the $150 billion sports betting industry in the wake of a May 2018 Supreme Court decision to strike down the Professional & Amateur Sports Protection Act. Notably, industry data indicates that over one-third of all Americans bet on at least one sports event annually.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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