Supreme Court Decision Empowers States to Take Action on Sports Betting; SinglePoint Announces Investment in No. 1 Ranked Social Betting App StakeHaul
SINGLEPOINT INC (SING)
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ir.singlepoint.com
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Source: GlobeNewswire
SEATTLE, May 15, 2018 (GLOBE NEWSWIRE) -- via NetworkWire – SinglePoint, Inc. (OTCQB:SING), on the heels of the Supreme Court overturning a 1992 federal law prohibiting sports betting in 46 states, announces it has invested in an additional betting platform, StakeHaul, the No. 1 social betting app in the iTunes App Store. SinglePoint has been in the daily fantasy sports arena since March of 2016, when the company invested in GoDraft and DraftFury. With the recent Supreme Court vote, SinglePoint is excited to work closely with StakeHaul to penetrate the betting industry, which has a potential value of $150 billion, according to the American Sports Betting Coalition. SinglePoint has already established a payments option, and the two companies have been working to define the use of Ethereum smart contracts within the application. StakeHaul focuses on peer-to-peer social betting. Download StakeHaul for iOS or Android and start playing today. In a 6-3 ruling, the Supreme Court overtur
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