SBC News Fanaments secures UK betting licence

Fanaments secures UK betting licence

Icelandic based fantasy sports firm Fanaments has announced that it has been granted a UK betting licence.

The company is the only multi sports fantasy provider in Europe, in addition to offering users numerous footballing competitions it also provides MMA, PGA golf and NBA basketball.

Fanaments launched in August 2015, and has since paid out over €300,000 (£224,348) and enjoyed month to month growth of at least 100%.

The firm was founded by the trio of CEO Bragi Ægisson, CPO Arnor Davidsson and CTO Gudmundur Sveinsson and they moved to secure a Maltese betting licence.

bragifanaments
Bragi Ægisson, CEO

Ægisson said of their position: “It is very exciting that we are the only multi-sport fantasy service on the continent. It was clear to us that there was an over reliance on football and so our objective is to satisfy the craving for additional sports.”

He added: “Our launch co-insides very nicely with prominent sporting fixtures this week. London will be treated to NBA’s Magic v Raptors game as well as the mammoth Premier League tie between Liverpool and Manchester United on Sunday.”

As a provider of daily fantasy sports, users are able to choose a different team each game day and Fanaments includes live statistics, incentives to keep coming back and a simple to use platform which can be used to engage with other players.

Ægisson stated: “Fanaments are expecting a strong reception, to what is a high-profile week within the sporting calendar, as we aim to inject further excitement into a variety of sports events.”

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