Fantasy eSports company Vulcun has announced that it has had to lay off 14 members of staff. This is believed to be in the region of 25% of the company’s employees. This follows the decision to close down its real money fantasy eSports competitions. Vulcun Co-Founder Ali Moiz told The Verge in an email: “The company is transitioning to a new direction, …
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FanDuel hits back after being told to ‘cease & desist’ in New York State
DraftKings and FanDuel have been dealt another regulatory blow in the US after New York Attorney General Eric Schneiderman sent the two Daily Fantasy Sports (DFS) operators cease-and-desist letters demanding that they stop ‘illegally accepting wagers in New York State’. Schneiderman’s actions come after his office conducted a one-month investigation into DFS which concluded that the daily contests are essentially …
Read More »Football Index taking stock of player performances
No doubt inspired by the brief popularity around Celebdaq and Popex 10 years ago, new venture Football Index plans to bring real money betting into predicting the value of football players based on performances and column inches. Scott Longley explains. The philosophical links between gambling and playing the stock market are well-known and stretch way beyond the accusations about casino …
Read More »Marc Pedersen – Fantasy the star at GIGSE and iGNA
Marc Pedersen, SBC News Affiliate Correspondent and Head of Sales at Better Collective, recently attended the industry’s two igaming shows in the US – Igaming North America and GIGSE. Here’s what he found out. What did you discover about the potential, or not, for sports betting in the US market going forward? Two major topics came to mind. One is …
Read More »PickLive sign with Indian lottery
Picklive Limited, operators and suppliers of next-generation fantasy sports and social gaming is delighted to announce that it has entered into an investment deal and joint venture with Indian based lottery distributor and operator, the Sugal & Damani Group (“SND”), to launch daily fantasy cricket games for real money prizes in the lucrative Indian market. . The joint venture will …
Read More »FSB Technology Closes £2.6M in Funding
Real-time sportsbook platform provider FSB Technology (UK) Ltd. has announced the successful completion a £2.6 million funding round. The investment was led by Mark Blandford, the founder of Sportingbet and one of the gaming industry’s most respected investors. FSB is co-founded by David McDowell and Sam Lawrence. McDowell was also co-founder of newly listed GameAccount Network, where Lawrence was CTO. …
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