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Skill Money Games has launched a new AI-driven platform where players can participate in skill-based challenges for cash prizes. Based in Las Vegas and originally known as Super Money Games, the company has pioneered skill-based challenges, especially in indoor golf, thanks to its innovative cash-based challenges on golf simulators. This latest venture is led by serial entrepreneur Sameer Gupta.
Recently, Skill Money Games secured $5 million in funding from EBCI Holdings. Notable investors and board members include Ernie Moody, Seth Schorr, Chris Grove, Gavin Isaacs, Kevin Hwang, and Joseph Assell. The company has developed a unique golf game app and partnered with Full Swing and Swing Social.
Skill Money Games aims to revolutionize the indoor golf experience with its patented AI technology, offering personalized cash challenges. These challenges cater to players of all skill levels, allowing them to participate in real money Closest-to-the-Pin challenges. Venues like Swing Social in San Diego are showcasing these innovative games.
The CEO of Skill Money Games, Bryan O’Reilly, stated that their technology adds the excitement of winning money to indoor golf, benefiting players, venues, and the sport overall. Their AI analyzes players’ swing characteristics in real-time, tailoring contests to each player’s skill level, making every swing a potential win.
The team behind Skill Money Games has a rich history of startups. Gupta, along with his cofounders, started the company in 2020. They previously worked on projects like RivalMe, Golfstream, Bet on Yourself Gaming, and BettorView. The idea for Skill Money Games came about in 2017, with a patent filed and granted in 2019. The patent uses AI to assess a player’s skill and create balanced challenges in various sports, starting with golf.
The AI technology predicts a player’s accuracy and sets a personalized target for challenges like Closest-to-the-Pin. This ensures fair competition, with larger or smaller target circles based on the player’s skill level. During a demo, the system recognized Gupta, displayed the target on a golf course, and tracked the ball’s landing spot, rewarding accuracy.
Indoor golf is growing rapidly, with more people playing indoors than on traditional courses. This trend, combined with the appeal of skill-based gaming, positions Skill Money Games for success. Their games, available on platforms like Full Swing, provide an engaging and competitive experience.
Full Swing, known for its indoor golf simulators, and Skill Money Games are bringing this exciting new form of gameplay to locations nationwide. Swing Social, an interactive sports bar in San Diego, is the first to offer these games, which have been well-received by customers.
The company plans to expand its unique AI-driven gameplay experience across the country in 2024. They are also exploring opportunities to apply their AI technology to other sports. With a team of 20 people based in Las Vegas, Skill Money Games is poised to create a new category of skill-based gaming where players can win money based on their abilities.