Deal Review: Royal Wins waits for good news on licensing for its skill-based gaming platform
In an attempt to disrupt the gambling industry, Royal Wins is the first pure skill gaming app that facilitates wagering and betting real money.
Unlike odds-based games in casinos, Royal Wins have developed a mobile gaming space that rewards its consumers on merit rather than luck.
The core feature behind the product is a mathematical algorithm which adjusts player returns and re-calibrates the house odds based on an individual player’s skill level. Targeting a millennial market, the gaming company challenges and distracts consumers from the negative connotations of adolescence gambling by providing a vibrant cartoon gaming experience. The company was founded in November 2013 by Jean-Claude Petter, who recognized the potential of skill-based gambling, predicting a shift in consumer attitude away from traditional casino games.
It’s now looking to raise money via Crowd88, a new entrant in the market for crowd-sourced funding platforms in Australia.
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