First Capital invests in VGambling; Pinnacle take 5m eSports wagers

An eSports gambling double whammy after First Capital invest in the eSports betting platform, VGambling, and Pinnacle takes their five millionth eSports wager.

VGambling continues to dig deeper into the mines of eSports and video game wagering after announcing $850,000 in Bridge Round Financing from First Capital Ventures.

The next generation internet gambling company intends to use the cash to create a ‘disruptive peer-to-peer eSports wagering platform’ and launch associated eSports websites.

Gary Graham, President & CEO of First Capital, put up the money because he believes the sports betting industry hasn’t adapted to the specialised nature of digital gaming.