Tag Archives: Fantasy

Vulcun cuts staff as it changes direction

SBC News Vulcun cuts staff as it changes direction

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

SBC News 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 …

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Football Index taking stock of player performances

SBC News 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 …

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PickLive sign with Indian lottery

SBC News 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 …

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FSB Technology Closes £2.6M in Funding

SBC News 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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