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❕NEWS Entain, A Sports Betting Company, Is Investing $133Million In The Metaverse

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SCAMEXPOSER

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In case you don't know Entain is one of the world largest sport betting and gaming company. The company plans to inject the sum of $133 million in a global innovation lab focusing on Metaverse entertainment experiences. The company is to fund start-ups, develop apps for non-fungible tokens. Jette Nygaard-Andersen, Entain's Chief Executive Officer, announced that the company's innovation hub will be called Ennovate, and will collaborate with Verizon, BT, and Theta Labs.
Share your opinion on this move by Entain.
 
That's. A big amount but the last time I saw there shares they had negative growth in the whole month and had positive growth in just the 2 days in a month , so now that might change if they are able to be successful in the market process of their offering which seems good ATM
 
That's. A big amount but the last time I saw there shares they had negative growth in the whole month and had positive growth in just the 2 days in a month , so now that might change if they are able to be successful in the market process of their offering which seems good ATM

Entain is a kind of company that has been involved in gambling. I am not talking about illegal gambling, but gambling is bad regardless of whether it is legal or illegal, as it could lead to addiction. having said that, I believe that these companies have nothing to lose, as a good percentage of gambling funds are generated by these companies in the form of revenues.
 
good to see the sport betting company or platform investing million of dollars on metaverse project , the metaverse all seems to be on a good development and companies could take clear advantage of it , by adopting it more , investing million of dollar is all for the growth of metaverse platform
 
good to see the sport betting company or platform investing million of dollars on metaverse project , the metaverse all seems to be on a good development and companies could take clear advantage of it , by adopting it more , investing million of dollar is all for the growth of metaverse platform
Apparently, companies don't just pump in money to anyhow project, obviously lots of feasibilities studies has been done already and results has proved to the company that money will be made from Metaverse projects which is why they are Investing.
 

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