SinglePoint (OTCQB: SING), through a video podcast, recently discussed the Supreme Court’s decision to overturn a 1992 federal law that previously prohibited sports betting in 46 states. SinglePoint CEO Greg Lambrecht and President Wil Ralston discussed how the ruling will affect some of the companies it has invested in, including StakeHaul, the No. 1 downloaded social betting app on the iTunes App Store. “The companies that we invested in two years ago had great traction, great referral programs and great technology in the daily fantasy sports arena,” President Wil Ralston stated in the podcast. “We’re really excited that the ruling came out favorable and positive for the states and is going to enable these companies to really make a push into the massive sports gambling and betting market.”
To view the video, visit http://cnw.fm/aMp4i
About SinglePoint, Inc.
SinglePoint, Inc. is a technology company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company’s portfolio includes mobile payments, daily fantasy sports, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. For more information, visit the company’s website at www.SinglePoint.com.
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