NetworkNewsAudio Announces Audio Press Release (APR) on SinglePoint, Inc. Investing in Social Betting Market Following Supreme Court Decision

May 29, 2018 9:00 AM EDT | Source: NetworkNewsWire

New York, New York--(Newsfile Corp. - May 29, 2018) - NetworkNewsAudio announces the Audio Press Release (APR) titled "Supreme Court Decision Empowers States to Take Action on Sports Betting," featuring SinglePoint, Inc. (OTCQB: SING).

To hear the NetworkNewsAudio version, visit http://nnw.fm/bKC8h

To read the original editorial, visit http://nnw.fm/QTb1Z

SinglePoint has been in the daily fantasy sports arena since March 2016, when the company invested in GoDraft and DraftFury. Following this month's Supreme Court ruling, the company announced it had invested in an additional betting platform, StakeHaul, the No. 1 social betting app in the iTunes App Store (http://nnw.fm/d4Yht). SinglePoint plans to work closely with StakeHaul, which focuses on peer-to-peer social betting, to establish a strong position in the $150 billion betting industry, SinglePoint already provides a payments option, and the two companies are working to define the use of smart contracts within the application. Smart contracts facilitate the exchange of money, property, shares, or anything of value in a transparent, conflict-free way while avoiding the services of a middleman (http://nnw.fm/fNS6B).

Until now, the social betting market has been ruled by DraftKings and FanDuel. Even before the Supreme Court decision, SinglePoint saw an opportunity to enter — and make a sizeable dent — in the huge social betting market through its investment in StakeHaul. Dubbed as the social wagering for the next generation, StakeHaul allows players to easily challenge their friends to games of skill or even be a third-party judge between mutual friends. Users can wager their hard-earned cash or even a night out on the town.

About SinglePoint, Inc.

SinglePoint, Inc. is a technology company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company's portfolio includes mobile payments, daily fantasy sports, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. For more information, visit the company's website at www.SinglePoint.com.

About NetworkNewsAudio

NetworkNewsAudio (NNA) , a NetworkNewsWire (NNW) Solution, allows you to sit back and listen to market updates, CEO interviews and a Company AudioPressRelease (APR). These audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio (NNA) is another NetworkNewsWire (NNW) Solution that can assist your company by cutting through the overload of information in today's market, NNA brings its clients unparalleled visibility, recognition and brand awareness. NetworkNewsWire (NNW) is where news, content and information converge. NetworkNewsWire (NNW) is a comprehensive provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW has the unparalleled ability to reach a wide audience of investors, consumers, journalists and the general public with an ever-growing distribution network of more than 5,000 key syndication outlets across the nation.

For more information, visit: www.NetworkNewsAudio.com

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today's market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge. For more information, please visit https://www.NetworkNewsWire.com.

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

Corporate Communications Contact:

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com 
212.418.1217 Office 
Editor@NetworkNewsWire.com

info