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GLOBAL GAMING BUYS FANTASY SPORTS COMPANY

Sunday August 19, 2012 : GLOBAL GAMING BUYS FANTASY SPORTS COMPANY
 
AmpedFantasy will enable company to capitalise on booming fantasy sports industry
 
Global Gaming Network, Inc., a Los Angeles-based developer and aggregator of digital entertainment and sports information for online and mobile platforms, has announced the acquisition for an undisclosed consideration of fantasy sports operator AmpedFantasy.
 
AmpedFantasy is an online sports business which allows users to legally wager on players that participate in domestic and international sporting events.
 
GBGM plans to completely overhaul the web site design and operations and re-launch the business for the NFL football season in early September.
 
"We're pleased to have acquired one of the leading operations in the fantasy sports field," said Stephen Kern, president of GBGM.
 
"AmpedFantasy is a daily fantasy sports operation, which is the popular current trend of fantasy sites, and is designed for easy use to appeal to both the passionate and casual fantasy player. Currently, no sports fantasy site offers its users the ability to wager on popular European and South American sports like soccer, the world's most popular game.
 
“With our acquisition of AmpedFantasy, complemented by our SportsAlert online sports information service, GBGM intends to aggressively expand into these markets,"
 
According to the Fantasy Sports Trade Association (FSTA), the fantasy sports market in North America is currently a $4 billion industry and is growing rapidly, with the potential worldwide market estimated between $12 - $15 billion.
 
AmpedFantasy founder Bryan Ciambella said: "Envative, an international web and mobile development company, will carry out the development and administration of the AmpedFantasy web site. GBGM has assured us of their financial commitment, expertise and resources to make AmpedFantasy one of the leading fantasy sports operations worldwide."



Gambling News :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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