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Is Oulala Competition For Daily Fantasy Sports

Wednesday October 14,2015 : OULALA - DAILY FANTASY SPORTS HAS A NEW COMPETITOR
 
Daily fantasy football operator introduces real-money action.
 
The growing daily fantasy sports sector in the UK has a new contender this week following the launch of real-money action by daily fantasy football operator Oulala.com.
 
Founded in 2013, Oulala allows users to deploy their knowledge and skills to create their own fantasy football team and compete against their friends or other users and bet real money.
 
The operator claims it uses a unique scoring system, created using historical data provided by Opta. The platform also claims to be the first to offer users the opportunity to make changes in ‘real time’ as games are played.
 
Users can choose from multiple daily leagues and can choose players from many football leagues, including England, Spain, France and Italy.
 
Launched by Malta-based entrepreneurs Valery Bollier and Benjamin Carlotti, Oulala has secured more than GBP 1.5 million in investment to date from business organisations and business angels including the Maltese Ministry of the Economy and Google – which rewarded Oulala as one of the most innovative start-up businesses of 2014.
 
Current investors include British businessman Graham Martin, who is about to become a shareholder via Cardinal House Group.
 
Martin praised the innovative nature of Oulala's founders and revealed that plans are in progress to launch in Australia this year in conjunction with Asian media partners.
 
Co-founder Bollier, who is also CEO of the company, says that Oulala plans to raise a further GBP 7 million in investment funding, allowing it to expand into new markets and attract players.

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Gambling News :

Is Gibraltar Out of Luck in US Tax Challenge - Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.

Quickspin are now available in Denmark - #quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&Johnís websites around the world.

UCypher Launches - Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.

Extreme Live Gaming In deal With Betsson - Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.

Expansion Mode For BoyleSports - The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..

Safecharge Q4-2016 - Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.

ASA Most Controversial Ads of 2016 - Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.

Yggdrasi To Enter Italian Gambling Market - Yggdrasilís Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The companyís mobile product will also be available on its HTML5 iSense 2 platform.

888sport is the latest to join sports betting integrity body ESSA - Major operator 888sport is the latest to join sports betting integrity body ESSA with the company adding its customer base and betting market platforms to ESSAís global anti-fraud alert and reporting system.

First partypoker live event to be held in Russia - Partypokerís new live tour will kick off in Russia on March 24, 2017 at Sochi Casino and Resort in association with Club Poker Management. Online Day 1ís will start on partypoker on March 12, 2017.

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