Presenting its H1 financial update (six month period ending 31 December) London AIM-listed eSports live events operator Gfinity has reported a 45% increase in corporate revenues to £900,000. The firm founded in 2012 with the aim of growing UK live eSports arenas remains earnings ineffective, posting a period operational loss of £1.7 million, narrowing on pretax losses of £1.9 million posted …
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Continuing its planned European market expansion, US daily fantasy sports (DFS) operator DraftKings has launched its services in Germany. The DFS operator enters the German sports market, through its recently secured Malta Gaming Authority (MGA) ‘Controlled Skill Games Licence’ which was granted to DraftKings operations this March. Having officially launched its DFS services within the UK betting market in H1 …
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Peer-to-peer pools provider i-pools has announced the launch of the ‘Telegraph Predictor’ (predictor.telegraph.co.uk/) in partnership with news publisher Telegraph Media Group. Serviced through the i-pools network, the Telegraph Predictor game will allow players to create and share their own tournaments as well as join any of the network’s simple to play betting games. The platform currently serves 19 sports, including football, …
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Industry venture capital firm Velo Partners has invested $700,000 (£575,000) in eSports studio Blinkpool developer of eSports game ‘BlinkPredict’. The UK-based VC that has funded numerous growing new enterprises within betting and igaming, makes its first eSports-centric investment in Blinkpool. Releasing a corporate statement, Velo Partners stated that Blinkpool could become a billion-valuation enterprise by becoming the firm that bridges …
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The UK Gambling Commission (UKGC) warns parents over the perils of gambling linked to video games, calling for adults to be vigilant to the dangers of gambling associated with video games. Its warning follows the publication of a Commission paper on virtual currencies, eSports and social gaming (http://www.gamblingcommission.gov.uk/PDF/Virtual-currencies) The UKGC explains that there has been an increase in the popularity …
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Bloomberg USA has reported that daily fantasy sports (DFS) operator DraftKings has raised a further $100 million (£84 million) in venture financing led by Los Angeles VC fund Eldridge Industries. The VC fund which is headed-up by Los Angeles Dodgers MLB franchise owner Todd Boehly joins DraftKings’ portfolio of 17 core investors (https://www.crunchbase.com/organization/draftkings#/entity ) To date, DraftKings has raised approximately …
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Italian games studio Digital Bros has announced the launch of ‘real-money’ daily fantasy football game Fantasfida for the UK market. Fantasfida aims to set itself apart from a number of new UK daily fantasy football products, by offering its users access to more game information along with team and player statistics. Using data and stats provided by OPTA Sports, the …
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B2B fantasy sports platform provider Oulala Games (Oulala.com) has been awarded the first ever Malta Gaming Authority (MGA) ‘B2B Skill Games Licence’. Updating stakeholders, Oulala management stated that the MGA B2B approval represented an ‘important corporate milestone’, as the company had set-up a founders’ goal to be ‘regulated separately from other iGaming activities’. To date, Oulala UK market initiatives have been …
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Asian-focused live fantasy sports operator Ballr, has confirmed that it has reached a commercial agreement with Italian Serie A champions Juventus FC, becoming the Turin football club’s official ‘Regional Games Partner for Asia’. The regional marketing deal, will see the Ballr brand promoted throughout Juventus’ Asian assets and initiatives, including the ‘Bianconeri’ future tours of Vietnam, Indonesia, Singapore, Thailand …
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The BetStars Sports Jackpot is the latest by way of promotion from BetStars and it’s putting $1 million (£815,000) into it. Following the ‘Spin & Bet’ feature last year, it’s the latest attempt at trying something different from Amaya, the company behind BetStars, and this time it focuses on fantasy sports. The new game is described as: “A reimagined sports …
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