Since its launch in 2013 the Pro Gaming League (PGL) has fast become a major eSports organisation in North America. It offers a truly international platform on which gamers can come together to socialise and compete to win cash, points and prizes in their chosen games. PGL are celebrating after the recent announcement that they’ve acquired DK Squad, a mobile …
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Plumbee – Mirrorball Slots hits $50 million lifetime revenue mark
London based social games developer Plumbee, has announced that its social gambling app, Mirrorball Slots, has exceeded $50,000,000 in lifetime revenue and more than 10 million downloads across all platforms. Mirrorball Slots was launched on Facebook in 2012 and later re-launched for mobile as Mirrorball Slots: Kingdom of Riches on iOS and Android. The London based gaming developer has focused on …
Read More »FanDuel secures $275 million with Google & Time Warner as Series E investors
Leading daily fantasy sports operator FanDuel has been valued at $1 billion, following its latest venture capital ‘Series E’ round of $275 million. The investment round was led by Venture Capitalist firm Kohlberg Kravis Roberts (KKR), technology news sources report that new FanDuel investors include Time Warner and Google Capital (Source: Crunchbase). The $275 million comes less than 12 months …
Read More »GSN Games launches Grand Casino
GSN Games, has released its latest social gaming venture; GSN Grand Casino. Founded in 1999, GSN Games have made a name for themselves by producing popular apps including Bingo Bash and GSN Casino. Their latest app is out now, and available on both iOS and Android devices. Features include numerous ways to earn free chips, and VIP treatment in the form …
Read More »Danske Spil acquires 60% stake in Swush fantasy sports
Danish state owned igaming operator Danske Spil has announced that it has acquired a 60% stake in Scandinavian fantasy sports operator Swush. Danske Spil will use the acquisition of Swush to bolster its digital product offering, as it looks to scale up its operations for the licensed Danish online gambling market. Both parties already have an active relationship with Swush …
Read More »Disney backs out of $250 million DraftKings funding
US business and technology news sources have reported that Walt Disney Co (Disney) has backed away from its proposed $250 million investment in daily fantasy sports operator DraftKings. Disney will continue its partnership with DraftKings by providing exclusive fantasy sports content through its sports media network ESPN. DraftKings management stated that the operator was pleased to continue its partnership with …
Read More »NBA gains equity partnership with FanDuel fantasy sports
Furthering its presence in the US sports market, daily fantasy sports operator FanDuel has announced that it has agreed an exclusive 4 year partnership with the NBA. As part of the high coverage agreement, the NBA will gain an equity stake in FanDuel, who are currently valued at $1 billion by venture analysts. FanDuel CEO and Co-Founder Nigel Eccles commented …
Read More »Crimson Hexagon – Coral wins largest social media % share at Royal Ascot 2015
Data released this morning by social media analytics and insights firm Crimson Hexagon reveals how the bookies faired on social media at this year’s Royal Ascot (16-20 June). Bookmaker Coral came out on top with 36% share of voice on social media platforms; followed by Betfair with 31%, Paddy Power with 14%, William Hill 11% and Ladbrokes with 9%. Royal Ascot 2015 …
Read More »Latitude360 targets in-venue fantasy sports hubs with Major League Fantasy acquisition
The US daily fantasy sports market continues to witness a period of corporate acquisitions with the conformation that entertainment and leisure group Latitude360 has agreed to acquire operator Major League Fantasy (MLF) for an undisclosed sum. Detailing insight into its fantasy sports acquisition, Latitude360 noted that it would use the MLF acquisition to further its digital inventory and to create …
Read More »EiG to explore eSports opportunities for the gaming industry
The eSports sector is a “generational movement” that can provide scalability that the gaming industry will relish, according to experts who will focus on the topic at EiG in Berlin, Germany. Unikrn CEO Rahul Sood and Marco Blume, Head of Sportsbook at Pinnacle Sports, will lead an industry discussion on ‘eSports and gambling – exploring the potential at the intersection of both’ …
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