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by willmitchell 4944 days ago
Love the Gamerholic idea, but there are some legal issues that sites with similar business models run into when attempting to scale.

Also - you have way too many projects going on at once. You'll probably hate me saying that, but it is true, and I know it is true because I have had to force myself not to work on more than 1 company at a time :)

Will

2 comments

Skilled gaming is 100% legal. If even Chris Christie is calling for poker to be legal for online play, I think you'll see a the laws ease in the next year or two. I was very surprised to learn betting on horse races is legal online.

There is also an innovative way to make poker fully legal for online play by just tweaking the rules a bit. I had a game developer excited to take that project on, but not for equity.

These projects were over years. Gaming can be seasonal as you scale, madden players play from September to april, nba 2k players from october to june etc.. COD players are worried about modded controllers and fighting game players about lag so I put up other projects to fill in the seasons.

Merchandising will be were we make the bulk of our money with gamerholic. Gamerholic is a persona, from shirts to gaming accessories. Many gamers have been asking for a real life version of our logo, which looks like a gaming controller filled with alcohol.

Dreamybids is just an example service of how much fun we can have gamifying things.

The other projects are a self funding option, just build and sell if the opportunity comes.

Have you seen http://skillbet.com ?
Just saw it. Good concept
I agree. The way the laws have been interpreted are incredibly arbitrary and create way to much uncertainty. Horse racing and fantasy sports are legal because they have friends in high places. Theoretically games of skill are legal but skill seems to be a word with a vague legal definition.