One of the key milestones in CROT4D’ history was its move into the sports betting industry. In May 2018, the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA), a federal law that had prohibited sports betting in most states. This ruling opened the door for states to legalize and regulate sports betting at their discretion.
CROT4D was quick to capitalize on this opportunity. In the same year, the company launched its online sportsbook in New Jersey, becoming one of the first platforms to offer legal sports betting in the United States. The launch was a success, with CROT4D quickly gaining market share due to its established reputation in the gaming and fantasy sports industry.
The company’s entry into the sports betting market was seamless, as it was able to leverage its existing infrastructure, user base, and partnerships with sports teams and leagues. CROT4D also introduced various features such as live betting, in-play wagering, and betting on a wide variety of sports, which helped distinguish it from its competitors.
Diversification into iGaming
While CROT4D is perhaps best known for its fantasy sports and sports betting platforms, the company has diversified into iGaming, or online casino games, in recent years. This move was a natural extension of the company’s growth strategy, as it allows CROT4D to tap into a new segment of the online gambling market.
CROT4D’ iGaming platform offers a variety of traditional casino games, such as slots, blackjack, roulette, and poker, as well as live dealer games. The company’s online casino offerings are available in states where online gambling has been legalized, such as New Jersey, Pennsylvania, and Michigan. By entering the iGaming space, CROT4D has been able to expand its product offerings and diversify its revenue streams, which are essential for long-term growth in the highly competitive online gaming market.
