NYRA Bets Holding, LLC, a subsidiary of NYRA Bets, LLC, the official online wagering platform of the New York Racing Association, Inc., and Game of Silks, the online game connected to the real world of Thoroughbred horse racing, announced Wednesday a new partnership resulting in NYRA Bets Holding, LLC acquiring a minority equity ownership position in Game of Silks.
In addition to this strategic investment, the partnership establishes Game of Silks as the Official Blockchain Game and Metaverse Partner of NYRA. The agreement will enable the global horse racing industry to capitalize on the rapid growth of Web3 gaming through the Game of Silks, a top 10 sports-themed NFT platform on the Ethereum blockchain which boasts a community of more than 25,000 members.
“Game of Silks presents its players with a fascinating and entertaining challenge by gamifying racehorse ownership in a completely new way,” said Dave O'Rourke, NYRA President & CEO.
NYRA will utilize America's Day at the Races and Saratoga Live, the acclaimed national television shows produced by NYRA and broadcast on the networks of FOX Sports, to provide owners with the latest news, data and information on the Game of Silks metaverse. As the operator of Saratoga Race Course, Belmont Park and Aqueduct Racetrack, NYRA will accelerate the creation of digital versions of New York's premium racing venues in the Game of Silks metaverse.
For more information on Silks, visit https://www.silks.io/
Not a subscriber? Click here to sign up for the daily PDF or alerts.