Drake Invests In Esport Players’ Lounge

Cashing in.

Entertainment
8,974 0 Comments

Canadian rapper Drake has recently invested in an esports betting startup Players’ Lounge. Currently on his well-received Vacation Assassination European tour and reportedly working a new album, there’s no stopping the accomplished musician.

Entering an elite circle of Silicon Valley investors, the rapper will partner with Strauss Zelnick, Comcast, Macro Ventures, Canaan, RRE, Courtside and Marissa Mayer, to finance Players’ Lounge. The startup will get gamers to play against each other in their game of choice, with the added factor of a bet on the line.

Gamers have the options of creating a match, joining head-to-head challenges or scale up to an extensive 500-person tournament. The wager is usually between a dollar or two, however, this can drastically increase depending on the individuals.

The start-up recently announced it had secured $3 million in funding.

For more gaming news, Amazon’s Twitch Prime is now giving out a free year of Nintendo switch online.

Read Full Article

What to Read Next

Drake and LeBron James Team Up to Invest in Golf
Golf

Drake and LeBron James Team Up to Invest in Golf

Injecting billions into the PGA Tour as it bids to expand its audience.

Abu Dhabi To Build World's First eSports Island Costing $280 Million USD
Gaming

Abu Dhabi To Build World's First eSports Island Costing $280 Million USD

True Gamers revealed the plans which includes a luxury hotel, high-tech venues for gaming tournaments and more.

Drake Acquires Stunning $15 Million USD Dos Brisas Ranch in Texas
Music

Drake Acquires Stunning $15 Million USD Dos Brisas Ranch in Texas

The former resort features an organic farm and equestrian facility, to name a few.


Shooting at Drake's Bridle Path Mansion Leaves Security Guard Injured
Music

Shooting at Drake's Bridle Path Mansion Leaves Security Guard Injured

Police are investigating the incident now.

PALMS Is Giving Away One-Of-A-Kind Pieces From Dapper Dan, Joshua Vides and More
Giveaways 

PALMS Is Giving Away One-Of-A-Kind Pieces From Dapper Dan, Joshua Vides and More

Presented by Palms Casino Resort
Find the exclusive drops in the “Unstatus Quo” film.

'Jump Force' Reveals Seto Kaiba from 'Yu-Gi-Oh!' in New Trailer
Gaming

'Jump Force' Reveals Seto Kaiba from 'Yu-Gi-Oh!' in New Trailer

Yami Yugi’s eternal rival is ‘Jump Force’s’ first DLC character.

Mint Condition Porsche 911 Turbo Prototype 993 Heading to Auction
Automotive

Mint Condition Porsche 911 Turbo Prototype 993 Heading to Auction

Tested by Porsche but, unlike other prototypes, survived destruction afterwards.

The Best Fashion Cafés in London
Fashion 

The Best Fashion Cafés in London

From Dover Street Market’s Rose Bakery to Ralph’s Coffee & Bar.

The Nike Air Max2 Light "Purple Berry" Has a Release Date
Footwear

The Nike Air Max2 Light "Purple Berry" Has a Release Date

An ode to the 90s.


Futura x Concrete Objects 'Null' Figures Available Now
Art

Futura x Concrete Objects 'Null' Figures Available Now

In “Glow/Cream” and black spray-painted variants.

IKEA Expands the Availability of ENEBY Bluetooth Speaker Series
Tech & Gadgets

IKEA Expands the Availability of ENEBY Bluetooth Speaker Series

The minimalistic range first launched last year.

Off-White™ Releases Bold Arrow Runner Sneaker Colorway
Footwear

Off-White™ Releases Bold Arrow Runner Sneaker Colorway

Get them while you can.

Pen & Paper: Roshi K
Art 

Pen & Paper: Roshi K

Presented by Crown Royal
The rising female artist discusses her multifaceted creations, path numbers and fashion shows.

Art Basel Hong Kong 2019: A Closer Look at Works by Takashi Murakami, Virgil Abloh & More
Art 

Art Basel Hong Kong 2019: A Closer Look at Works by Takashi Murakami, Virgil Abloh & More

Including Wolfgang Tillmans’ raw portraits, Picasso’s historic paintings, and Hajime Sorayama’s towering sculptures.

More ▾
 
We got you covered. Don’t miss out on the latest news by signing up for our newsletters.

By subscribing, you agree to our Terms of Use and Privacy Policy.