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Vulcun Esports Laying Off Employees
Tuesday January 12,2016 : DRASTIC STAFF LAY-OFFS AT DAILY FANTASY SPORTS FIRM
Is Vulcun about to move out of the eSports and DFS space?
The e-gaming publication Gamasutra reports this week that daily fantasy eSports provider Vulcun may be considering a move away from the real-money sector, and has laid-off 14 people - a quarter of its staff.
Our readers may recall that Vulcun voluntarily exited the Nevada market late last year when the state regulator opined that daily fantasy sports real-money wagering constitutes gambling and requires a licence.
The Nevada opinion, along with a widespread political and enforcement examination of DFS, was triggered by an alleged insider betting scandal that embroiled both market leaders DraftKings and FanDuel, a situation that continues to reverberate through the DFS industry and seems set to result in radical regulatory changes across US states.
Gamasutra speculates that perhaps the heat in the kitchen has been enough to persuade Vulcun management that it should look for other and less troublesome business opportunities.
That suggestion appears to be supported by an email from Vulcun co-founder Ali Moiz, who reportedly wrote in an email:
"The company is transitioning to a new direction, and unfortunately this [the lay-offs] is a painful but necessary part of the process. We are actively helping these people look for new jobs, so if anyone is interested in hiring them, they can contact ali [at] vulcun. We'll have more announcements about our new direction coming shortly in the next few weeks."
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.
Fair Play Bets and QuickFire in Deal -
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