Eilers and Krejcik Research has unveiled its latest analysis of the daily fantasy sports industry with an update for 2017 which opens with the line ‘by all accounts 2016 was a challenging year for the DFS industry with some silver linings’. These are silver linings worth looking into. First though, a look back at some of the issues the industry …
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Aberdeen based DFS operator Premier Punt is on the verge of completing its crowdfunding campaign on Seedrs with 99% of its £200,000 successfully raised. The company, which launched in 2013, is offering 6.67% equity for the funding with an overall valuation of £2.8m. Premier Punt Founder John Gordon commented: “Crowd funding has been a fantastic experience. It really fits into our company ethos: …
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Riccardo Mittiga is the CEO of Asap Italia, a company which recently launched DFS brand Sportito. With the pending merger of DraftKings and FanDuel, and some of the ‘smaller big fish’ in Oulala and Mondogoal opting to switch to strictly B2B in the latter part of the year we spoke to Riccardo about the state of fantasy in Europe, and …
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The daily fantasy sports industry has had quite a year in 2016 with legal battles raging throughout the USA, many of which are far from over, and a number of operators stepping things up a gear in Europe. The big two of DraftKings and FanDuel entered Europe, despite the costly court battles Stateside, and smaller operatos such as Mondogoal and …
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Oulala.com, the daily fantasy sports (DFS) operator and B2B provider, has announced the closing of a new funding round of €1.35m (£1.12m), coming from private investors. Oulala will use the raised funds to gain more traction on the B2B landscape, and to confirm its leading position as the first DFS network specialised in European football. Benjamin Carlotti, Managing Director of Oulala …
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Daily fantasy sports operator Champick has let SBC know that is looking for talented developers, graphic and UX designers as it expands its teams in their Liepaja and Riga offices. Those applying will need to be ” passionate sports fans eager to work in a global setting”. The new Latvian daily fantasy football platform Champick has entered Georgian, Hungarian and South African markets …
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A new study from Juniper Research has predicted that consumer spend on daily fantasy sports (DFS) will double from $2.6 billion in 2016 to $5.3 billion by 2021. Juniper also anticipates that FanDuel and DraftKings, two companies that were referenced in the study and represent a combined 90% market share, will merge imminently to consolidate their dominance. North America continues …
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Expanding its product portfolio and services within the European online betting sector, sports data and insights provider Sportradar has announced that it has entered a strategic joint-venture with ASAP Italia, the operator of leading Italian betting player portal Superscommesse.it. Updating the market Sportradar informs that partnership will aim to develop a ‘new frontier’ for sports betting in the form of …
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Sam Guigui is the COO at Draft Fantasy, a Premier League daily fantasy operator which was set up with partner Elie Steinbock, Founder and CEO, who spied a gap in the fantasy market. We caught up with the pair of them to discuss regulation, why they think there’s space to compete and that the scene will keep evolving, Honolulu and marketing …
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Don’t mess with the NY general attorney’s office was the lesson from last night as the details of the settlement agreed with DFS operators FanDuel and DraftKings were revealed. A total of $12m (£9.8m), with an even split of $6m (£4.9m) from each, was the fee for the daily fantasy heavyweights for deceptive advertising practices employed by them last year. …
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