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Seven West Media group Getting int DFS
IS MAJOR AUSSIE MEDIA GROUP ABOUT TO ENTER THE DAILY FANTASY SPORTS SECTOR?
Seven West reportedly in talks with Crownbet and Fox Sports on possible Draftstars involvement.
Weekend reports in The Australian newspaper and other Australian media outlets indicate that the powerful Seven West Media group may be about to enter the daily fantasy sports sector.
The media giant is reportedly in talks with CrownBet and Fox Sports about buying an equity share in fantasy betting company Draftstars, and the parties are optimistic that an agreement will be reached prior to the start of the AFLs finals series.
InfoPowa readers will recall that earlier this year CrownBet and Fox Sports partnered up to launch Draftstars. The deal created a strong rival for a DFS joint venture between TopBetta and Fairfax Media which had been announced a month previous.
If the Seven West involvement is agreed it will create a powerful DFS alignment; Fox Sports holds both NRL and AFL television rights, and Seven West has free-to-air broadcast rights in respect of AFL games, whilst Crownbet is the official betting partner for the AFL...the cross-marketing potential is clearly considerable.
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Interwetten 2016 Earnings Results -
Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform
EU Online Gambling Tax Harmoney Dead -
Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.
Jack Lam Facing Big Fines in the Philippines -
It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.
PlaySugarHouse To Carry Konami Content -
Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.
ITF TERMINATES BETWAY SPONSORSHIP DEAL -
The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.
GSA To Launch European division -
The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.
Paddy Power Trading Update -
Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.
Tabcorp SunBets project -
The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.
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