Gamcrowd invites SEIS investors to gamble on start-ups

An SEIS fund aimed at exploiting the opportunities to be found among start-ups working within the gambling industry has been launched by a team of industry experts.

Gamcrowd, a company which has also launched crowdfunding and crowdsourcing services to the gambling industry, has teamed up with Innvotec to launch the first-ever gambling-sector specific SEIS. The fund hopes to raise £2m to invest in new start-ups. Gamcrowd chief executive Chris North said the fund was just one element in Gamcrowd’s attempt to help solve what the founders see as a broken start-up model in the gambling industry sector. “Too many good ideas are lost or founder because of a lack of investment, particularly at an early-stage. We at Gamcrowd, myself, Ian Hogg our chairman...