Leading daily fantasy sports operator FanDuel has reportedly hired the majority of social gaming operator Zynga’s defunct social sports gaming and fantasy sports division Zynga Sports365. As part of its ongoing corporate re-structure Zynga announced that it would look to cut some 300 jobs (17% of workforce). The firm further confirmed that it would no longer support in its social …
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In its ongoing battle for market share of the burgeoning US daily fantasy sports market, market leader FanDuel has confirmed that it has agreed exclusive partnerships with 15 NFL franchises. On Wednesday the operator confirmed exclusive fantasy sports partnerships the following NFL team Baltimore Ravens Buffalo Bills Cincinnati Bengals Detroit Lions Green Bay Packers Houston Texans Indianapolis Colts Jacksonville Jaguars …
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Digital media operator Yahoo has announced that it is planning to enter the daily fantasy sports market, as the media company aims to become the marketplace’s third biggest player. Yahoo CEO Marissa Mayer announced the upcoming product launch during the company’s Q1 earnings call, Mayer further outlined that Yahoo would aim to release its product by Q3 2015. At present …
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Scott Longley, Editorial Director of Regulus Partners, examines the upheaval in the fantasy sports industry caused by last week’s arrival of Disney. No sooner had Amaya announced last week its intention to enter the Daily Fantasy Sports (DFS) market in the US, than DraftKings dramatically – and appropriately given the provenance of the competition – raised the stakes. News reports …
Read More »After the Easter holiday break, team SBC’s Social Gaming editor Rasmus Sojmark caught up with iGaming industry expert Melissa Blau to discuss new venture FastFantasy which aims to transform the burgeoning US daily fantasy sports market by simplifying its play and game mechanisms. Through iGaming Capital Blau has become one of igaming’s best renowned consultants, helping numerous new ventures enter …
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International media and entertainment provider Walt Disney & Co (Disney) has announced that it will invest $250 million in daily fantasy sports operator DraftKings. The investment venture will see Disney own approximately a 27% stake in DraftKings. The Disney investment represents a huge coup for DraftKings, who are expected to partner with Disney owned sports media provider ESPN, the US’ …
Read More »During yesterday’s 2014 earnings call Amaya Gaming CEO David Baazov indicated that the company was exploring entry into the burgeoning US fantasy sports market. Baazov indicated that Amaya views a great cross over fit between Poker and daily fantasy sports consumers. Baazov stated that the company would look to launch fantasy sports operations by the second half of 2015, targeting …
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The New York Business Journal reports that US daily fantasy sports operator DraftKings has opened discussions with Walt Disney Co, with regards to a potential venture investment that could see the Seattle based start-up valued at $1 billion. At present the US sports market is seeing a tug of war being fought between heavily backed fantasy sports operators DraftKings and …
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Fantasy sports operator FanDuel announced a record breaking $37 million in revenues for its final quarter 2014 performance (up 13% on Q4 2013 -$29.6 million). The Edinburgh founded company which offers daily fantasy sports prizes has witnessed increased player numbers and player activity, as the Fanduel created high coverage partnership with US sports franchises and released a mobile game apps. …
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Scott Longley, Editorial Director of Regulus Partners, looks at Amaya Gaming’s acquisition of Rational Group, as igaming’s new giant looks to enter the US and awaken a thus far lacklustre market. Does a leveraged Amaya Gaming justify its hype? Hyperbole and online gambling are inextricably linked. From the very first inception of the form, online gaming has surfed a wave of …
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