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Title: Fuel Venture Capital and Mintiply Capital Explore UAE Expansion for Betr, Led by Jake Paul, as UAE Breaks New Ground in Commercial Gaming

Dubai, United Arab Emirates, 18th Nov 2024 - Fuel Venture Capital, the lead investor in Betr from the United States of America, and Mintiply Capital, a prominent GCC investment and advisory firm, are partnering to bring Betr, the world’s fastest-growing sports gaming and media platform, to the United Arab Emirates. Betr, co-founded by renowned entrepreneur and sports icon Jake Paul, is recognized for its innovative approach to sports betting and entertainment. As the UAE becomes the first Gulf country to legalize commercial gaming, the region’s new regulatory landscape provides an opportune backdrop for Betr’s entry into the Middle East.Aimed at transforming the way sports are experienced, Betr leverages digital platforms to merge sports gaming with real-time sports media, providing fans with an immersive and interactive entertainment experience. The company has shown impressive early growth, expecting to close its first full operational year with $60 million in revenue. Fuel Venture Capital, based in Miami, and Mintiply Capital are working together to introduce this opportunity to UAE investors as part of Betr’s latest $15 million funding round, allowing regional investors to join in Betr’s vision.Notably, Jake Paul’s involvement has significantly amplified Betr’s visibility and appeal, with the sports icon currently featured prominently on Netflix and set to participate in what’s being hailed as the largest sporting event of the 21st century, streaming live last Saturday on Netflix. Paul’s influence and high-profile activities underscore Betr’s role as a game-changer in the sports betting space.The UAE’s recent legalization of commercial gaming marks a historic development for the region. The country has granted its first lottery license to The Game LLC, paving t...

This press release is issued by King Newswire