Drake invests in esports betting startup Players� Lounge

INSUBCONTINENT EXCLUSIVE:
startup looking to pit gamers against each other in their favorite titles with some friendly wagers on the line.The startup has just
announced that it closed $3 million in funding.The company, which has been around for five years, got its start as an esports startup
looking to organize real-life matches at bars in New York City to play FIFA
model that looked to create an online hub for gamers to battle each other in titles of their choosing, with money on the line.The company
has a heavy emphasis on sports titles, like FIFA 19, NBA 2K19 and Madden 19, but there are also some heavy hitters like Fortnite, Apex
Legends and Super Smash Bros
Ultimate.Gamers can set a match or join one in head-to-head challenges or in massive 500-person tournaments
The wagers are often a buck or two but can swell much higher
service, the company says.The startup plans to use their new cash to beef up their library of playable games and add to their development
team.