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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.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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