Gamer Wager to Launch a Video Game Betting Platform in the US
Gamer Wager, a UK-based peer-to-peer video game wagering company, dropped an ambitious announcement a week after New Year’s Eve. It has partnered up with SCCG Management for a joint venture that would bring the betting platform to the US market under the name JV.
In case you haven’t heard of Gamer Wager, it could be because the company launched its mobile app in Google Play and App Store only a month ago. (The apps are available only in the UK for now.) However, it took 4 years of hard work to get it where it currently is.
While the product is young and fresh, it deserves the attention diverted to the platform. Gamer Wager is the first platform in the world licensed for wagering activities in the UK that allows gamers to bet against one another (hence, it is described as a peer-to-peer wagering platform).
Offering the first month for free, the Gamer Wager platform allows betting on a number of popular video games available on Xbox and PlayStation consoles – we are talking about the likes of Fortnite, Call of Duty Warzone, FIFA, and Street Fighter 5.
All the platform users have to do to settle a bet is take a photo of the screen with the in-game results and their gamertag using the Gamer Wager app. Gamers can bet against random people using the platform – or send a link to their friends to put a wager while playing against each other.
The platform’s business model is subscription-based. So, if gamers place a bet of £5, the winner will get the whole sum. Gamer Wager doesn’t rake in a cut of the bet.
As the platform’s founder, Mar Goddard, put it in a blog post on the Gamer Wager official website, “The introduction of online gaming opened our world up, we could now play people from all over the globe, challenging them to games for money via chat rooms. We built a small network of gamers who were keen to put their skills to the test and back themselves financially. The problem was a lot of them didn’t pay when they lost, scoring a last-minute goal in a thrilling 4 – 3 win and not being paid at the end was a real heart breaker. Gamer Wager was born from this disappointment.”
Gamer Wager has ambitious expansion plans – it aims to become the “go-to P2P video game wagering platform worldwide”. Partnering up with SCCG Management is just the first step in the company’s rigorous expansion strategy.
Speaking of SCCG Management, it is a company based in Las Vegas, Nevada, specializing in “developing worldwide brands” by helping casinos and online gambling companies launch in other countries. This help includes “representation before governmental agencies for complex regulatory matters, intellectual property, and strategic business development.”
We are pleased to be partnering with SCCG Management on this incredible venture. We have been developing and refining our wagering platform in the United Kingdom for the past five years. Now is the time to take our software to the ever-expanding US esports market. We aim to connect millions of passionate gamers, in regulated markets, from around the world.
Stephen Crystal, Founder of SCCG Management, said, “We have been interested in this platform and its capabilities for years, with our mutual teams, waiting for the right moment to bring it to the massive and growing, US regulated iGaming and Casino industry. Today is finally the day, and we couldn’t be more excited.”