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DraftKings To bail Out FantasyHub Players
Friday March 11,21016 : DRAFTKINGS PLAYS THE WHITE KNIGHT IN FANTASYHUB DEBACLE (Update)
Not an acquisition, says DFS giant...but it's inviting players to migrate.
DraftKings spokemen are adamant that the company's "white knight" initiative to look after owed players in the FantasyHub debacle is not an acquisition exercise...but the DFS giant nevertheless is inviting rescued players to switch to its offering.
On Thursday DraftKings stepped in with its rescue offer to FantasyHub players stranded by the reportedly failing company's decision to shut down.
Unconfirmed reports are that the rescue operation will cost DraftKings several hundred thousand dollars, and includes a payment to charities of $100,000 pledged by FantasyHub but not honoured.
In return for its largesse, DraftKings stands to gain players from its invitation to FantasyHub punters to join the DraftKings site.
The DraftKings offer is generous, allowing FantasyHub players to withdraw their funds without penalty or migrate them to new or existing accounts at DraftKings
FantasyHub has been conspicuous by its silence on the reasons for the failure, as has sector trade body Fantasy Sports Trade Association, which claims it has a requirement that its member companies segregate player funds from operational monies.
DraftKings is playing this issue as a genuine desire to help stranded players out, and not an acquisition per se; the DFS giant says there is an eighty percent overlap of the two companies' player bases, making migration easier.
Comunio in deal with -
One of the leading providers of fantasy sport across Europe, Comunio, has kicked off its pre-season build up by signing a transfer deal that will see Sportradar
McGregor’s Odds vs. Mayweather Get Even Shorter -
Conor McGregor is still the underdog for his August 26 superfight in Las Vegas with Floyd Mayweather Jr., but his odds are improving. McGregor has shortened from +375 last week to +350 at press time, with Mayweather moving from –550 to –500.
Gemtopia Slot Launches -
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MLB Odds: Yankees vs. Jays at Rogers Centre -
The Toronto Blue Jays (56-61, –14.26 betting units) are moving slowly up the AL Wild Card standings, and they can get closer to the Promised Land by beating up on the injury-plagued Tampa Bay Rays (59-60, –2.79 units). Game 2 of their four-game series is Tuesday at 7:07 PM ET on Sportsnet.
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New Microgaming HQ Opens -
Microgaming’s new purpose built HQ on the Isle of Man, adjacent to its existing office, officially opened on 31 July 2017.
EmotiCoins Slot Launches -
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PartyPoker Lobby and Table Update -
Partypoker releases first phase lobby and table upgrade for an improved player experience. Player feedback influences new darker colour scheme of partypoker client
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