Posts Tagged "fantasy betting"

Amaya acquires Victiv as their subsidiary to the fantasy market

Amaya acquires Victiv as their subsidiary to the fantasy market

Amaya has been on the brink of maximising its profits since it was initiated way back. With this in mind, the provision of top class services to its clients has been the company’s first priority. This has resulted in the acquisition of more clients to their platform. The more the client, the more income the company earns.

Recently, Amaya has prompted to raid the US markets where there is high possibility of acquiring more customers. To achieve this, the company has decided to initiate the US daily fantasy sports market (DFS) through a confirmation announcement that the firm has to its possession the Victiv which is a real money operator that is based in the US. However, it was not clear the actual amount that Amaya cashed out to acquire Victiv. Before it is being officially launched in the US soil, Amaya confirmed that the new firm Victiv will change its name to StarsDraft.

This comes after Amaya proclaimed to the public last March that it was planning to get involved in the US DFS market as it eyed the kick off of the new 2015/2016 NFL season. The main reason as to why its governance came to this conclusion was due to the fact that it oversaw a greater relationship and potential between the ex US poker client and the DFS market.

The Toronto based operator has fully confirmed the purchase of Victiv together with its services and operations. The firm claimed through a statement that it has no plans of expelling the acquired workers but would rather continue working for the firm in the new acquired operator.

The CEO of Amaya David Baazov claimed that the new dimension of his firm has a direction point of view of venturing in the daily fantasy sporting category and will be keen to pursue straight tracks which will be based on the development of the inside strategy and proper management.

He continued to say that he is focused on giving more information on the plan come the second half of 2015 that would see the company move from poker to daily fantasy sports.

The acquisition of the Austin, Texas based Victiv will be keyy6 in the acquisition of clients due to its easy web access and comes with attractive products and adverts which would suit clients’ pocket

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Fantasy iTeam now in collaboration with Goal.com

Fantasy iTeam now in collaboration with Goal.com

Football fantasy lovers have something to smile about and make their betting easier. This follows the news that Goal.com has finally agreed a deal with the Fantasy iTeam (FiT) who are the founders and initiators of the Mirror’s Premiership fantasy football as well as the mobile application. The two firms have joined hands in attempt to come up with a fresh and individual fantasy offering for users known as the European Super League.

Since the initiation of football fantasy to digital world players have been limited to few leagues. Moreover the previous app working with fantasy football has been deemed difficult to work and play on. However, the new app provides its users with an exclusive variety of selections where one can choose his or her best combination from the five popular leagues across Europe. These football leagues are: English Premier League, Italian Seria A, Germany’s Bundesliga, the French Ligue 1 and Spanish La Liga.

As they say same mud, same blood, the Goal.com provides users with a free download just like it was the case with FiT Premier League app. The platform provides users with adequate time to pose challenges amongst their pals. This will be accompanied by amazing prizes that waits to be won with the highest going more than £15,000. Furthermore, the app will be accompanied by up to date updates which will be either live scores as well as squad news.

The Commercial Director at Fantasy iTeam Phil Shaw claimed that it was great pleasure to see his company indulge in yet another deal this time with Goal.com after they had a previous successful partnership with The Mirror. He added that he was very happy to be among the launchers of the new app.

He added that the new app of The European Super League is a fresh and an exclusive perception in fantasy football and they did their best to design it so that it can not only serve the UK based users but also the global populace. This is an achievement that will be meet having in mind that Goal.com has an attractive aspect of having millions of fans every month.

The CEO of New Ventures, Perform Group Ben Warn on the other hand claimed that he was pleased to join hand with the Fantasy iTeam and this will raise the old fashioned style that Goal.com used to operate on.

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Rise of a new empire in online betting, the daily fantasy sport

Rise of a new empire in online betting, the daily fantasy sport

The make-believe daily fantasy sport is the new gold mine bettors and online players as even real-life kings of professional sports in the teams, leagues and media empires are betting on the daily fantasy sport. Individuals are betting and putting large stakes on fantasy sports. This thus puts the season in a hyper drive with grand prizes with the country’s bans on the different online sport betting.

 

DraftKings, the site for the daily fantasy said that in this week it had received investments from Madison Square garden, Fox Sport the national leagues of hockey, soccer and baseball that amounted to a total of $300 million. Earlier this month its chief rival, FanDuel had received $275 million from NBC sports, Time Warner’s Turner Sports, Google and other investors. This shows how the fantasy sport is getting the attention of many online bettors and bookies.

 

Fantasy sport started as an online nerd distraction and now is seemingly the new and large outpouring event and has made way to being a prize dazzling industry as well as a gamblers niche to make some good money. But to some players, the business has an advantage as since the online game does not make so much money, it however makes players get hooked on the game of which when utilized could turn to being a rewarding franchise. With this they get to mold the next generation of fans and get sport junkies get hook on the game.

 

Eric Shank, the sport president said that more people get to played the fantasy games the more they bought their products and with this they get to make some money. Fantasy football has been played in America for quite a while now and over the years gotten many fans across the country. It has been part of America’s mainstream events in workplaces with fantasy rosters now even available in then ESPN. In 2005, fantasy football was played with 12 million people in North America and this has seen an upward trajectory with up to 56 million people being expected to play the game this year.

 

The previous version of the fantasy league is a bit different from the daily one as it required commitment all through the season. The daily fantasy is much easy and players can set up a fantasy tam in the morning through their computers or phones and get the result by the end of the day before the next match. The daily fantasy is much like a slot machine while the season long fantasy is being compared to a long time investment.

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Yahoo brings in Fantasy football betting to their products

Yahoo brings in Fantasy football betting to their products

Yahoo Inc. seeks to boost its brand by joining fantasy sports betting, one of thesuccessful industries. This came because of its stagnant advertising revenue.

This week, the Silicon Valley giant made announcement of launching a betting service that could introduce over ten million people to legalize online sports gambling called Yahoo Sports Daily Fantasy.

Yahoo Sports Daily Fantasy is available through a mobile app. It enables users to compete either in groups or individually by placing bets on the performance of a professional athlete.

According to Eilers Research in Anaheim, the service is estimated to make $1.4 billion by 2020, with the industry for wagers growing at the rate of 41% every year. As such, this year, the service will generate around $2.6 billion in entry fee.

As said by Fantasy Sports Trade Assn, 56.8 million will be the total number of people playing fantasy sports this year.

With sites like FanDuel and Draftkings on the lead, fantasy betting has thrived since the Government passed the unlawful Gambling Enforcement Act in 2006.

The Vice president of Yahoo, Ken Fuchs said, “The move will allow Calif to expand its existence on mobile devices and create a base of steady transactional revenues by taking 19% of each wager.”

Yahoo is planning to start expanding its presence with football and baseball then later move to hockey and basketball, hoping to go international one day.

On the contrary, the managing director for Eilers Research, Adam Krejcik is disappointed that Yahoo Daily Sports Fantasy‘s platform is almost similar to its competitors FanDuel and Draftkings. Instead, Yahoo should have invested at least $100 million this year to make casual users of fantasy sports have shareable experience on social media.

On Thursday,Krejcik wrote to clients, “As much as Yahoo has the necessary resources to spend, it is uncertain to us whether the management is willing to commit to such amount of cash.”

Fuchs declined and went ahead to explain how the company was going to invest this year.

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Could fantasy become reality for legalized sports betting?

Could fantasy become reality for legalized sports betting?

It has been a long debate on whether the legalization of fantasy to eventually take place in New Jersey. However, before this is full considered, the judges will have to prove beyond doubt that it would cater for the interest of the game or would concentrate on making huge profits. With the ongoing trend in terms of relation between reality and fantasy betting, there is a high possibility that New Jersey will be accorded with what it desires and this would in turn be a focal point as the whole United States will be guaranteed fantasy betting.

It is however believed that fantasy betting popularity would be low in U.S as many prefer betting on real betting. According to the 1992 federal law passed by Congress, the Professional and Amateur Sports Protection Act (PASPA), it was deemed illegal despite it being staged in selected outlets such as Las Vegas. This didn’t however ban fantasy betting as various states were given mandate to decide on whether to incorporate it or not.

Diehard gamblers, sports fan and betting firms have claimed that Daily Fantasy Sports (DFS) a new format of fantasy sport betting is less than real betting. Their reason for this is that in order to have a potential outcome with good profit in DFS, one has to go through a learning process in attempt to achieve some statistical data of the sport. This means that those who just select teams and players without second thought find themselves losing more than they can imagine. There is uncertainty among others who believe that this is gambling as one is placing cash on unsure result with a motive of winning some extra money from it.

In New Jersey, mixed reactions have been evident for a long time now. Back in 2011, populace of the state voted in for legalization of all sports betting in attempt to increase state’s revenue from its’ main gambling city; the Atlantic City. However, the process seemed to defy federal rules and the state government decided to tighten their rules in keep betting locked up. However, this didn’t stop New Jersey Governor Chris Christie, with the New Jersey Thoroughbred Horsemen’s Association, which owns Monmouth Park racetrack in Oceanside to file an appeal to the Supreme Court.

Up to now, the judges have yet to make an official statement on fantasy sports betting in New Jersey. However, many would prefer betting on real betting unlike the less informed fantasy betting. Even the president of Game Sports Networks Dan Orlow gives the state a 50/50 chance of being accorded with fantasy betting but claims that a “yes” would be much welcomed by him.

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