Derby Games Raise $6.5 Million in Funding For Further Development

New York-based Derby Games, the fastest growing legal online gambling company, has raised $6.5 million in financing led by Bullpen Capital, with help from angels Martin Lautman, Bill Pescatello and existing investors. The funds will be used to hire “top talent in engineering, marketing and other areas of operation” to support the growth of the company. Some of it will go to further development of real-money-gaming platform.

“With a platform that is legal and regulated for 80 percent of American adults, Derby Games is in a perfect position to win in online gambling,” said Tom Hessert, chief executive officer and co-founder of Derby Games. “This funding and the support of great investors like Paul Martino, Alexis Ohanian and Gerry Andlinger will help us to grow even faster, identify new opportunities and execute on our mission to build the largest community of real money gamers in the U.S.”

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    Im not surprised it was just a matter of time before investors and others could find some sort of platform for this to occur. Im sure a lot of US players are eagerly awaiting more news . I will be watching closely and would love some more information on this matter . I think it was a good decision on the part of the investors.
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    Wow, so what exactly is this platform that is legal for 80 percent of American adults? I wondered why the funding received by investors was so high, but that number pretty much says it all I guess! The USA can definitely still be proud of the way they encourage businesses and people to succeed, rather than the jealous culture that exists here in the UK towards people that do well.

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