Published
OnlineSports BettingIndustry

Sportsbet .io launches Crypto Fan Fund with Southampton FC

For those of us who thought (and still may think) cryptocurrencies were a bubble, the alternative blockchain-based payment method is becoming more and more mainstream.

StMarys

On the south coast of England, Southampton Football Club and crypto-based sports betting operator Sportsbet.io have demonstrated a further example.

Indeed, Sportsbet.io has announced the launch of the 'Crypto Fan Fund,' donating two Bitcoin (BTC) to its partner Southampton.

The fund will be used to deliver fan-led initiatives, starting with the 2021-22 season. Two BTC, according to current market price, is equivalent to $133,754.20.

All decisions on how and where the fund is used will be made by Saints Voice, Southampton's long-standing supporter panel.

Southampton legend Matt Le Tissier commented on the initiative: "The people that will be deciding where this money goes will be the Saints Voice, which is the fan group that was set up to build a link between them and the club, which is incredibly important for football clubs to engage with their fans.

"And so this group has got the donation in their hands and they are the kings, they are the decision makers; and I'm sure they will make some fantastic decisions as to where this donation will go."

Sporsbet.io is a sports betting operator that only accepts payment in cryptocurrencies. It is owned by Yolo Group, which recently rebranded from Coingaming Group, and previously sponsored Watford Football Club – another Premier League outfit.

Southampton, meanwhile, has enjoyed a healthy run of form on the pitch, currently sitting 13th in the Premier League table.

Premium+ Connections
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Chicken Ranch Casino
The Responsible Gambling Affiliate Association (RGAA)
Catena Media
Gambling Commission
Follow Us
The most prestigious Awards in the industry are heading to the Philippines! The Global Gaming Awards Asia-Pacific will recognise and reward (as the name suggests) the strongest performers from the Asia-Pacific gaming industry across the previous 12 months.
This year's winners will be announced at a luncheon ceremony on Day 2 of SiGMA Asia, 4th June, in Manila.
The eleventh annual Global Gaming Awards Americas will recognize and reward the gaming industry's strongest performers across the previous 12 months. These are the most prestigious and trusted Awards in the industry and have gained respect amongst industry heavyweights, due to the strict rules and procedures put in place.

Facing Facts: Operator Q3s from across the globe

Gambling Insider compares Q3 2023 results from major gamblin...

Taking Stock: Operators and suppliers across the world

Sticking with our theme of gambling across the globe, Gambli...

CEO Special: Jade Entertainment and Gaming CEO Joe Pisano - down to earth

Jade Entertainment and Gaming CEO Joe Pisano speaks to Gambl...

CEO Special: Betfred CEO Joanne Whittaker - saying it as it is

Betfred CEO Joanne Whittaker joins Gambling Insider Editor T...