Newly Established Gaming Website Investment Opportunity in Nairobi, Kenya

Business that developed an online betting game, require funds for gambling license in European countries.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
12:59 AM Ahmedabad
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 420 thousand for 25.0% stake (Native Currency: INR 30,000,000)
Reason: Funds are required to take gambling licenses of some countries in Europe and for marketing. Funds wi... View More
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Business Overview

- An online betting game that started operations in 2019.

- The business is set up in Kenya, but anyone in the world can play using the online platform.

- The game has a lucky draw system, which occurs every 30 minutes, 24x7, 365 days, and the lucky number remains the same for everyone.

- There are 11 numbers from 0 to 10. As a player you can bet on maximum 9 numbers of your choice from the 11 numbers.

- If the player wins they get 10 times of the bet placed on the lucky number. Every number has its own individual bet.

- The prototype of the game was launched in Kenya and had a successful trial run for 15 days.

- Funds are required to purchase licenses and for marketing.

Products & Services Overview

Online betting game where players place bets on numbers between 0 to 10. If the player chooses the lucky number, they receive 10x their bet amount.

Facilities Overview
Recent Activity
  • 1 week, 3 days ago
    Consultant, Nairobi, Financial Advisor connected with this business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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