- Recent U.S. Supreme Court ruling allowing states to legalize sports gambling aligns with FANDOM SPORTS’ emerging sports betting mobile atmosphere
- Company releases corporate update, points to multiple user acquisition strategies
- Revolutionary sports-centric social media platform able to measure, score and monetize opinionated dialogue
- Two-time Super Bowl Champion Byron Chamberlain joins FANDOM advisory group and content team
- Legal sports betting market currently estimated at more than $57 billion
FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRANKFURT: TQ42) is applauding the U.S. Supreme Court’s landmark decision that overturns a 1992 federal ban on sports betting, opening the door for states to pass laws legalizing sports gambling. FANDOM SPORTS taps into the primal, unfiltered passion of sports fans with its uncensored social media platform delivered through the FANDOM SPORTS mobile app, and, with this ruling, it no longer needs to “Pick a Fight” with the U.S. Supreme Court, according to a company press release (http://nnw.fm/9aTlA).
According to a Statista survey, almost 50 percent of people 18 years and older in the U.S. confess to placing a bet on a sporting event at least once in their lives (http://nnw.fm/d0qhK). Americans wager about $150 billion on sports each year illegally, according to the American Gaming Association (http://nnw.fm/u5Efh), while the legal sports-betting market is worth about $57.6 billion.
“FANDOM SPORTS wishes to applaud the U.S. Supreme Court for definitely getting one right,” the company states in its release. “By setting an important precedent for states to now decide whether they want to regulate and legalize sports-related gambling, fans will now have a giant obstacle to their ultimate engagement removed.”
Through the FANDOM SPORTS App, which is currently available in the Google Play store for Android devices, avid fans of all sporting venues can interact, debate, argue, talk trash and instigate virtual rumbles as they connect with other sports fans from around the world. The company’s branding slogan of “Pick a Fight. Talk Trash. Get Rewarded” is no joke for passionate sports fans who thrive on unfiltered, raw sports talk that not only feeds primal sports passions, but encourages fans to pick a side or stand alone, all while earning bragging rights and virtual currency FANCOIN™ rewards that they can use on exclusive content, real-life experiences, swag and other gear.
According to the company’s latest corporate update (http://nnw.fm/5EbZi), FANDOM SPORTS closed an over-subscribed funding round of approximately $3.3 million, completed a dramatic ‘brand refresh’ and, in mid-April, released the base model version of its first Android product. FANDOM SPORTS’ current priority is the placement of its FANCOIN app economy on a blockchain technology platform that will mitigate any operational risks associated with the gamification elements and peer-to-peer micro-betting features of upcoming product releases.
FANDOM SPORTS’ distribution strategy includes both on-the-ground, guerilla street marketing campaigns and various digital user acquisition initiatives. The v2 FANDOM SPORTS App will focus content creation on matches and games with an emphasis on real-life, absolute resolutions by providing a mechanism through which clear sides can polarize the discussion and fuel the FanFight wagering with micro-bets. Users, advertisers, potential FANCOIN redemption program affiliates and industry synergy partners will all find a home in the FANDOM SPORTS trash-talking arena.
For more information, visit the company’s website at www.FANDOMSPORTSMedia.com
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