FreeRolls Entertainment (2018)
About this raise
Who Should Be Interested:
Do you love poker? Do you live in Texas? If you said yes, then investing in FreeRolls Entertainment, Inc. might be for you! Their FreeRolls Poker Clubs are going to offer 100% free and legal gambling in Texas so you can have your live poker game -- and stay legal, too!
The Company:
FreeRolls Entertainment, Inc. aims to start establishing their FreeRolls Poker Clubs in the state of Texas. Their clubs will be 100% free and legal private poker clubs, where members can play live poker legally and for no cost beyond the membership fee. Players don’t even need to pay a seat rental fee. Instead, all a player has to do to enjoy a poker game is interact with a short ad every half hour that will display on a small screen in the table. Then, they’re free to bluff, call, or check as long as they want! With this crowdfunding venture, FreeRolls plans to develop their flagship location in Houston, as well as take equity stakes in other legal poker rooms that wish to carry their brand.
The Bottom Line:
If you love playing poker, and you live in Texas (especially near Houston), then FreeRolls Entertainment is your way into free and legal poker. It’s a bet you can be sure to win on -- no charges, no illegalities-- no worries.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- GrowthFountain
- Start Date
- 03/13/2018
- Close Date
- 08/01/2018
$10,000
$800,000
$100
Equity - Common
Early Stage
RegCF
$100.00
$5,000,000
Company & Team
Company
- Year Founded
- 2017
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Capital Intensity
- Location
- Katy, Texas
- Company Website
-
Visit Website
Team
- Employees
- 41
Financials
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/29/2020 | Wefunder | $12,400,000 | $117,438 | Equity - Preferred | Funded | RegCF |
| 08/01/2018 | GrowthFountain | $5,000,000 | $0 | Equity - Common | Not Funded | RegCF |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.
