BY: Isaac Mortey
Jack Mortell, President of Derbywheel Inc. Global, has revealed the company’s ambitious plan is to attract betting investors with the launch of the international Derbywheel Module in Africa.
Hosted by Isaac Mortey, the show highlighted Derbywheeel’s vision to globalize Professional Keirin Track Cycle Racing, a sport with a rich history in Japan and Korea.
The Derbywheel Module is set to offer a new foundation to the track cycling ecosystem, aiming to make the sport more sustainable and facilitate growth.
It promises significant additional earning potential for riders at all levels, making the sport sustainable for existing riders and providing a pathway for new riders to enter the sport¹.
With the global sports betting market reaching a volume of USD 2 trillion in 2022, Derbywheel’s initiative is poised to tap into this lucrative industry by distributing race content to internationally legalized sports betting markets.
The company’s strategy includes hosting Derbywheel events each week across multiple territories, which will be distributed as sports betting content to legitimate bookmakers across the world.
This move is expected to not only enhance the track cycling ecosystem but also contribute to the welfare and future of cyclists and the utilization of velodromes around the world. Derbywheel’s engagement with the world’s cycling fans aims to create a global market for this rising blue chip in the Global Online Sports Betting market.
This is exciting news among sports enthusiasts and investors alike, marking a significant step towards the development of professional cycling in Africa and the global sports betting market. The Derbywheel Module is set to kick off its inaugural season in 2024.
Source: Adoanews.com