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ITEAM Network will honour FantasyUP’s customer accounts
Wednesday February 3,2016 : ALL THINGS DFS
The saga continues…
One of the many movements in the daily fantasy sports (DFS) industry recently saw the demise of DFS operator FantasyUp who has now been acquired by white label DFS provider iTEAM Network for an undisclosed consideration.
According to Legal Sports Report, iTEAM Network will honour FantasyUP’s customer accounts.
In a statement to players, iTEAM Network said:
“On Wednesday, the iTEAM Network will be re-starting FantasyUp.com, the daily fantasy sports site which recently announced its insolvency. As part of the takeover, iTEAM will reinstate all players’ accounts making all winnings and balances available to customers.
At the same time, iTEAM will install a new user interface and establish the requisite fiscal responsibility and back-end systems to ensure the site’s viability for the future.”.
In related news, DraftKings’ Twitter account hinted at its imminent launch in the UK market, postponed numerous times due to fine-tuning of the offer.
This week the company announced its withdrawal from the Hawaii market following the Attorney General’s determination that daily fantasy sports were in fact prohibited under existing State Law.
More positive news from the State of Virginia saw the House sub-committee on General Laws unanimously approve a fantasy sports regulation draft which now pushes forward to the Committee on Appropriations.
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Finnish people prefer the government to run the casinos -
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NBA Odds: Chalk-Heavy Warriors Host Portland for Game 2 -
The Golden State Warriors needed a strong fourth quarter to put away the Portland Trail Blazers on Sunday. But they still didn’t cover as 15-point home favourites in a 121-109 victory. Can they do better this Wednesday (10:30 PM ET, TNT) in Game 2 of their first-round playoff series?
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NHL Odds: Pacific Division Foes Face Off in Edmonton -
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Bingo Cataratas Offers Unique Spin on Classic bingo -
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NBA Odds: Hawks-Pacers in Regular-Season Finale -
Depending on the results of Game No. 81, Wednesday’s regular-season finale (8 PM ET, ESPN) between the Atlanta Hawks and Indiana Pacers could decide whether Indiana reaches the postseason. It could also give the Pacers a higher seed than Atlanta in the Eastern Conference playoffs.
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