British gambling company, Entain Plc, announced on Monday the launch of Ennovate, a new global innovation hub aimed developing immersive sports and entertainment experiences in the metaverse. According to Entain's statement, the gambling firm plans to invest up to £100 million ($134 million) to fund start-ups and develop applications for nonfungible tokens, virtual reality and augmented reality, with £40 million specifically dedicated for innovation investment in the UK. “We want ...