MONTREAL, Oct. 23, 2019 /PRNewswire-PRWeb/ -- Matt Davey's investment vehicle, Tekkorp Capital, has completed an early stage investment in Loyalty Gaming pioneer, Gambit Rewards. Launched in early 2019 as a solution for gamifying rewards programs, Gambit turns loyalty points into play tokens for use in its free-to-play sports & gaming platform. Gambit's new model allows customers to play for cash winnings without risking any real money.
"Our goal is to make loyalty points fun. We take something of restricted use and transform it into something engaging – free play games with real cash prizes. Our players can experience the thrills and excitement of betting on sporting events, but without real money wagering risks," explained Gambit Founder Richard Pistilli. "With Loyalty Gaming, casual players can have some fun and potentially win real money by simply using their points."
"Gambit has a very innovative approach for combining casual gaming with consumer rewards. The opportunity to connect these two large markets is significant and very complementary," said Mr. Davey.
Tekkorp Capital will also be assuming the role of strategic advisor to the company. "We were looking for a partner who could do more than just provide financial capital. We also wanted someone with deep expertise in the gaming sector and a successful track record for building up tech platforms. With Matt's team, we found all of the above," said Mr. Pistilli.
Gambit is available at http://www.gambitrewards.com.
Based in Montreal, Gambit is the first digital consumer network to integrate loyalty programs with online gaming. The company's platform enables consumers to convert unused loyalty points from across rewards programs into digital play tokens, which can then be used to collect real cash rewards from free-to-play games, or to donate to national and global charities. More at http://www.gambitrewards.com
About Tekkorp Capital
Founded by Matt Davey in 2019, Tekkorp Capital invests in private and public companies in the international digital sports and gaming industry. More at http://www.tekkorp.com
SOURCE Gambit Rewards, Inc.