Midnite raises $2.5M for its esports betting platform

INSUBCONTINENT EXCLUSIVE:
Midnite, the London-based esports betting startup from the same team behind daily fantasy football app Dribble, has raised just over $2.5
million in funding
in their legacy sports betting offering, but that esports fans are not simply just another type of sports fan
for esports fans
He says fans get the thrill of watching, analysing and betting on their favorite teams and players as they face off in tournaments around
Users can bet on your standard match winners and losers, but they can also bet on unique selections such as next kill or next objective
license in the U.K., which Wright points out is the biggest betting market in the world.He says this makes Midnite the only dedicated
esports betting platform that accepts customers in the U.K, and that the company is focused on operating globally in jurisdictions that can
legally accept customers
which meant that the unregulated market was several times bigger than the regulated market
Many operators offering esports betting would not be licensed, were not taking responsible gambling seriously or even performing age
verification checks
these fans
Customer safety is our top priority and we are taking it very seriously
We are doing everything by the book to ensure our community is safeguarded and are compliant with all the regulations in markets where we