Posts Tagged "Fantasy Sports Betting"

Final Contenders of the LaunchPad Announced by EiG 2015

Final Contenders of the LaunchPad Announced by EiG 2015

The 8th EiG Start-up LaunchPad competition is set for the 22nd day o November at the Arena Berlin and will incorporate subjugated tendencies in sports trading technology, anti-fraud, casual gaming as well as eSports.

This event is held two times every year in the Clarion flagship events; EiG in Berlin and the GiGse in San Francisco attracts the participation of prominent firms such as the Imperus Technologies (buyer of Diwip and Akamon), NumberFire (acquired recently by FanDuel), BlueBat Games (acquired by Novomatic) and Element Wave (now an established mobile solutions provider).

The event is organized by an association with the GamCrowd and since its initiation it has included a panel of judges from the iGaming segment. Among them includes; Evan Hoff from Velo Partners, Ian Hogg from GamCrowd and Mark Blandford from Burlywood Capital. Moreover, of late it has included investors from various global firms such as Revenue Engineers, Found Fair Ventures and Partech Ventures who together forms the questioning group to the attendees of the competition.

The final list of the participant to the event who would be in search of a glorious award winning are; Dupzadder a company that specializes in perceiving fraud among clients who may have several identities or accounts, Stratagem Technologies a company that eyes pro traders as well as investors in opening up sport trading value, eSportsPolls.com (ESP) the creator of tedbets.com which gives clients a resourceful analysis of fantasy league games, Casino VR a multi casino stage that encompasses several games and knowledge and Skillzzgaming a new platform in real money betting that gives clients time to play in their passionate games.

The selection criteria involves through examination on various global firms that submitted their applications between April and August. The selecting team comprising of chair Melissa Blau from iGaming Capital, Clarion’s Ewa Bakun, and Chris North from GamCrowd claimed that the selection criteria has been so stressing provided that all the applicants had qualified with flying colors and this formed a hard decision in choosing and leaving others. Nonetheless, the three selecting panelist were able to come up with five main contenders for the main prize. They claimed that it was their hope that the winner of this year’s event would have a greater future ahead.

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Fantasy sports betting in Hawaii to be inspected

Fantasy sports betting in Hawaii to be inspected

According to the speaker of the house Joe Souki, Fantasy leagues are form of gambling in that a player has to put in some cash and has a possible risk of losing the cash. He adds that the clarification of fantasy betting should be clarified by the lawmakers who have up to January when they convene to do so. Souki adds that with clear explanation on fantasy league, the participants have the freedom of doing their routine without any fear of being accused by others. When the house resumes, he would try to have a chat with the House leadership on the matter.

The initiation of the one day fantasy sports betting has been evident lately and many clients have signed in websites such as FanDuel.com and DraftKings.com for a taste of it. Moreover, these two firms have spent more than $31 million in advertising their services on TV.

Executive director of StopPredatoryGambling.org, Les Bernal claims that daily fantasy betting forms a base for everyday excitement whereas the seasonal fantasy sport betting is mainly played between workmates or friends.

The 2006 Unlawful Internet Gambling Enforcement Act claims that online poker games are unlawful but fantasy leagues were exempted. It was argued that in fantasy leagues, it is the player’s skill that that wins cash rather than basic luck. Nonetheless, opponents of this have called for mass action by the lawmakers on the subject.

Hawaii Attorney General Doug Chin has not made any comment on the matter and according to spokesperson Josh Wisch claiming that nothing has taken part in the AG’s office and hence it is not clear if the topic will be discussed in a near future.

There are several states among them Montana, Washington, Louisiana, Iowa as well as Arizona which have given fantasy leagues a go ahead. These states argue that fantasy league is based on opportunities but not skills.

However, Souki was adamant and claimed that he is not going to issue a notice to stop the fantasy league advertisements in TV as he claims that there are worse things such as cigarettes being advertised on the TV which are more dangerous than fantasy leagues.

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New Jersey’s Appeal rejected by court on sports betting

New Jersey’s Appeal rejected by court on sports betting

The appeal tabled at the Federal appeal court by the US pro sports betting advocates have hit a hard rock as the jury decided not to the uplifting of the sports betting to be held in New Jersey. Us pro advocates rushed to the Third Court of Appeals in Philadelphia with the aim of having a ruling in their favour but were shocked as the court ruling was backed by 2-1 and in turn giving no chance to the State in trying to circumvent the 1992 Professional & Amateur Sports Protection Act (PASPA).

This appeal by the New Jersey State has been in progress for nearly a year now. And down the line, the state has faced yet another hit in attempt to give a comprehensive continuity of sport betting in USA. It was the decision of Third Court Judges Marjorie Rendell and Maryanne Trump Barry who made their verdict in favour of US Pro League members and hence giving legalization of sports betting in New Jersey a huge blow.

According to the US Pro League representatives from various leagues such as NFL, MLB and NHL, the verdict undertaken by the Third Court was crucial inthe upholding of the honesty portrayed by various sporting games in the USA.

However, all was not done as the Democratic Senator of New Jersey Ray Lesniak claimed that the representatives of this state will not give up and will continue waging the fight for what they think is their right of eradicating the PASPA verdicts.

Commenting on the issue to US news sources, the senator claimed that there will be three games for the NFL to be staged in Wembley Stadium in London where their fans will bet and watch the games. He claimed that their main agenda would be controlling as well as running betting via fantasy sports.

The president of the American Gaming association Geoff Freeman claimed that he would support Lesniak by claiming that they deserve to take full control of betting as the law is not keen with regulation of illegal betting with current statistics indicating that there are over $140 billion indulged in illegal betting.

From here, New Jersey will head for another appeal at the full court.

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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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