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Cineplex Looking to Branch Out into daily fantasy sports
Thursday December 17,2015 : CANADA'S CINEPLEX HAS D.F.S. PLANS
Market-dominating cinema operator has just bought control of World Gaming.
The multi-billion dollar Canadian cinema operator Cineplex, which claims an 80 percent market share, looks set to branch out into the daily fantasy sports tournament sector, according to reports in the Globe and Mail newspaper.
The company recently spent $10 million acquiring an eighty percent share in daily fantasy sports company World Gaming and is building cross marketing synergy with its vast cinema audience and loyalty program.
The plan is apparently to feature DFS and eSports competitions in the cinemas Cineplex owns across Canada, although the strategy is still at a fluid stage.
The Globe and Mail opines that this could be a good business opportunity, pointing to similar US media centres where literally millions of DFS and eSports fans are prepared to pay $120 to play or watch online competitions and award spectaculars.
"Imagine if every multiplex devoted a few screens every weekday and weekend to fantasy gaming – combat games, virtual reality simulations, professional sports, etc. As the audience grows, so will the payouts, revenue and profitability," the newspaper observes.
"In the United States, Web-based fantasy sports gambling is exploding. This year, FanDuel and DraftKings will pay out nearly $3-billion in prizes," it adds, but cautions that legal and political activity in the vertical is currently intense.
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 -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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