Drake announces another esports investment to add to his 100 Thieves ownership Famous Canadian rapper Drake is continuing to expand his investments in esports, after making a splash into the scene due to his joint Fortnite stream with Tyler \u2018Ninja\u2019 Blevins. Now, Drake is jumping into games wagering, after making a significant investment into gaming and betting site \u2018Players\u2019 Lounge.\u2019 Players\u2019 Lounge is a startup company that pits players against each other in a selection of 10 of popular titles, with an intriguing catch \u2013 there\u2019s money on the line. https:\/\/playerslounge.co\/The site joins up players of similar skill and rewards the winner with a cash prize, based on the money they put up for their match. While Drake\u2019s investment amount was not disclosed, the company announced that it closed on $3 million in funding within a statement on March 28. \u201cIt\u2019s crazy to think this all started because it was tough to fit more than five people in a New York City apartment,\u201d Players\u2019 Lounge CEO and Co-Founder Austin Woolridge said of the development. Woolridge\u2019s statement likewise claimed that the company hopes to expand its gaming library in 2019, as well as adding a streaming function to broadcast the betting for a live audience. Proud to finally announce that Drake and Scooter Braun join @100thieves as co-owners. https:\/\/t.co\/HBZPkS8QNu pic.twitter.com\/5bLciLe8Yv \u2014 100T Nadeshot (@Nadeshot) October 23, 2018 Drake isn\u2019t the only major name to back Players\u2019 Lounge, either; the company also received funding from the likes of telecommunications giant Comcast and Take-Two Interactive CEO Strauss Zelnick (publisher of such games as Grand Theft Auto and NBA2K). This wouldn\u2019t be Drake\u2019s first foray into the gaming realm, by far \u2013 the rapper made major waves in the space after streaming Fortnite with popular gamer Ninja in March of 2018, and later became a co-owner of esports team 100 Thieves in October. Entrepreneur an SB Projects founder Scooter Braun joined Drake in his 100 Thieves\u2019 acquisition, rendering the esports org one of the most expensive in the business. According to a report by Forbes, 100 Thieves secured a total of $25 million in funding following Drake\u2019s investment. With such a massive move on Drake\u2019s part, onlookers can\u2019t help but wonder what changes Players\u2019 Lounge will receive in the near future.<\/p>\n","protected":false},"excerpt":{"rendered":"
Drake announces another esports investment to add to his 100 Thieves ownership Famous Canadian rapper Drake is continuing to expand his investments in esports, after making a splash into the scene due to his joint Fortnite stream with Tyler \u2018Ninja\u2019 Blevins. Now, Drake is jumping into games wagering, after making a significant investment into gaming […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-47747","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/47747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/comments?post=47747"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/47747\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=47747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=47747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=47747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}