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FanEx Sports product can become a market leader
Monday September 23 ,2013 : ONLINE HORSE RACING FIRM ENTERS FANTASY SPORTS SECTOR
BetAmerica believes its FanEx Sports product can become a market leader.
BetAmerica is a San Francisco-based company best known for its virtual horse racing operations, but it will soon be a big name in the US fantasy sports sector if CEO John Ford achieves his goals.
The company is diversifying into the skill gaming field with FanEx, a fantasy sports website which offers a real-money hub for fantasy sports fans to compete in daily fantasy sports leagues.
Speaking to the publication GamesBeat, Ford said that FanEx is offering a range of fantasy action on sports that include NFL Football, Major League Baseball, and NBA Basketball. And the company has plans to expand that soon into PGA Golf and horse racing.
Ford is confident that FanEx can differentiate itself in a tough competitive market through its EasyScore proprietary system, which simplifies fantasy sports action for the punters, and - Ford claims - has the potential to attract players and turn the industry on its head.
BetAmerica is no stranger to holding and disbursing large sums of money - its online horse racing operation has paid out over $100 million to players since 2007, Ford says.
Likely competition for the new venture will include FanDuel, the current leader in daily fantasy sports, which has been around since 2009, and claims that it pays out over $2 million in prizes every week.
FanDuel Inc is a US company based in New York City, but with techie staff operating from Edinburgh, Scotland. The company has to date raised $18 million in venture capital and numbers companies like Pentech Ventures, Piton Capital, Bullpen Capital and Comcast Ventures among its investors.
Gambling News :
International Table Tennis Federation in deal with Sportradar. -
The International Table Tennis Federation (ITTF) has today announced it has signed a brand-new integrity partnership with Sportradar utilising the organisation’s world-leading monitoring, intelligence and prevention solutions to help safeguard the sport against match fixing.
NBA odds on Thunder vs. Pacers Game? -
This Wednesday night in Indianapolis, Paul George is due to play his first game at the Fieldhouse as a member of the Oklahoma City Thunder (12-13 SU, 8-17 ATS). But George might not face the Indiana Pacers (15-11 SU, 16-10 ATS); he’s listed as day-to-day with a right calf contusion. Tip-off is at 7 PM ET on ESPN.
2 New Christmas Slots For Microgaming -
Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.
SportsBetting Supreme Court Showdown -
Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)
NBA Odds: Heat Can Burn Cavaliers in Cleveland -
The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.
Games Concept Day in Malta -
The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.
AFC’s fight against match-fixing -
The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.
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