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Sports betting apps are exploding, and experts worry about young users

The Hustle

Here: Americans wagered $106B+ on sports between January and November 2023. That was made possible by a 2018 Supreme Court ruling that ended a federal ban on sports betting. There are no restrictions to download apps, making it hard for states to control, per The Washington Post. downloads in 2023. 5 in Appleā€™s App store.

Sport 104
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Despite the Crypto Winter and other scandals, blockchains seem here to stay in the sports betting market

TechCrunch

According to Grand View Research, the global sports betting market is expected to grow to $182.12 Thus, HotStreak , a web3 platform for daily fantasy sports (DFS) contests, is betting that a decentralizing payments is an ideal solution for DFS platforms. billion in revenue by 2030, up from $76.75 billion last year.

Sport 220
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Niantic tries its hand at sports with NBA All-World

TechCrunch

Niantic shut down Harry Potter: Wizards Unite , its first high-profile title after GO, just two years post-debut, while another tentpole project — Pikmin Bloom — has generated only a fraction of the downloads that GO attained over the same time frame. Why’d the studio choose this sport for its next AR venture?

Sport 220
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VUZ raises $20 million to scale its immersive social app

TechCrunch

VUZ , a social app that allows users to stream and experience immersive realism in extended reality (XR) and metaverse digital experiences, has raised $20 million in Series B investment. The platform offers over 20,000 hours of content covering entertainment, creators, sports, and XR, VR, and AR experiences virtually anywhere in the world.

Social 232
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Skichā€™s new app brings social discovery to mobile game recommendations

TechCrunch

In your “Want’ list, tapping the link on the game will redirect users directly to the App Store or Google Play — depending on your platform — to download the title you want to check out. Social recommendations remain an area today’s app stores don’t address. It’s just a recommendation.

Games 216
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YC and a16z back virtual reality basketball app Gym Class

TechCrunch

To date, the nearly 1 million downloads of the free app have taken place on Meta’s App Lab storefront, a hub for games that show early promise but may have a good deal of development ahead of them before they’re ready for prime time.

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Gawq wants to burst your ā€˜echo chamberā€™ with its smarter news app

TechCrunch

A new startup called Gawq wants to tackle the problem of fake news and the “echo chamber” problem created by social media, where our view of the world is shaped by manipulative algorithms and personalized feeds. “I wanted to do something that had a larger social impact. The publishers cover topics like U.S.