AP NEWS

Amid US Sports Betting Craze, Alternative Ventures Eyes Mexico and Latin America

October 11, 2018

LAS VEGAS--(BUSINESS WIRE)--Oct 11, 2018--Alternative Ventures announced today that it has secured a Mexican gaming license. Managing Partner Kyle Carlston seemed concerned about fragmentation in the US and market friction due to state lines. “There is a lot of buzz around the US sports betting market right now. Our current investment strategy in the US is limited to North American sports betting platform development and B2B customer acquisition technology. Alternative Ventures prefers the operating opportunity presented by the Mexican market which has an established legal framework and is the bridge between North America and Latin America. We look forward to bringing a first-class online gaming product to Mexico in the near future.”

Alternative Ventures anticipates launching a complete iGaming solution in Mexico in the next 18 months with the intent of penetrating the Latin American market in the future.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181011005964/en/

CONTACT: Alternative Ventures, LLC

Kyle Carlston

info@alternativeventures.net

KEYWORD: UNITED STATES MEXICO NORTH AMERICA CENTRAL AMERICA NEVADA

INDUSTRY KEYWORD: ENTERTAINMENT CASINO/GAMING GENERAL SPORTS SPORTS

SOURCE: Alternative Ventures, LLC

Copyright Business Wire 2018.

PUB: 10/11/2018 06:12 PM/DISC: 10/11/2018 06:13 PM

http://www.businesswire.com/news/home/20181011005964/en

AP RADIO
Update hourly