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PhilIveyDFS Phil Ivey plans new DFS venture

Thursday January 21,2016 : ONLINE AND LIVE POKER ACE ENTERS THE DAILY FANTASY SPORTS SECTOR
 
Phil Ivey plans new DFS venture.
 
High profile international poker ace Phil Ivey is branching out from poker into the daily fantasy sports vertical and plans to launch his own PhilIveyDFS site next (February) month through the iTEAM network, according to a presser sent out this week.
 
The press statement reveals that iTEAM Network will launch PhilIveyDFS on its dailt fantasy sports platform, and that the poker pro has been reviewing the evolution of DFS both as a fan and with a view to establishing his own DFS site.
 
"Over the past few years I've been looking for more ways to share with fans my perspective on daily fantasy sports," said Ivey.  "I was honored to have multiple options but iTEAM Network's focus on compliance and the core technology, along with the leadership of Gabe Hunterton, ultimately made it a pretty easy decision."
                      
Hunterton is CEO of iTEAM Network, and said: "We are always looking for quality brands and partners in the world of fantasy sports.  There is no elite-level individual that fans want to follow and learn from more than Phil Ivey.  Phil's team engaged in extended due diligence, which we welcomed in light of our commitment to conservative regulatory practices and great user experiences."
                      
Hunterton claims that there is a large crossover between poker players and DFS players, observing:
 
"Adding the Phil Ivey brand will substantially increase network-wide player liquidity and prize pools.  We have already started an aggressive marketing and execution plan in which PhilIveyDFS users will be able to compete immediately for more than $20,000 in weekly pro basketball contests and interact directly with Phil."
 
Founded in 2013, the Las Vegas-based iTEAM Network offers a B2B platform solution that gives companies the ability to quickly launch a fully branded DFS site.

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Gambling News :

Malta Gaming Authority's half-year 2016 report - There are 490 gaming license in issue and 257 gaming companies in operation....in the first six months of 2014, those figures were 414 and 271 respectively;

Macau ATM Transaction Limit Lowered - The Monetary Authority of Macau moved quickly Friday to quell market concern caused by a newspaper report late Thursday that it was about to slash ATM limits in half .

Vegas Mobile Casino Gets Live Dealer Games - Vegas Mobile Casino has partnered with Swedish online gambling game developer NetEnt, which has supplied a new live dealer offering that includes desktop Blackjack and desktop and mobile Roulette.

Cosmic Crystals SLot Launches - 1X2 Gaming's latest online slot titled Cosmic Crystals is a 5 reel, 50 pay-line game with a futuristic outer space feel, gems galore, and features that include a sticky Wild reel, re-triggering Free Spins, Scatters and a claimed 95 percent RTP.

Playtech Live launches dedicated live roulette room - Playtech's live dealer arm, Playtech Live has launched a dedicated live roulette room operating from a fully custom-built studio bursting with colorful Christmas decorations.

Australian Open To Dunp Gambling Ads - Court-side advertisements, which have been criticized as promoting gambling and thereby contributing indirectly to the specter of match-fixing, are to be discontinued in 2017 from the Australian Open tennis championships, Tennis Australia has confirmed.

Olympique Lyonnais In Sponsorship Deal With FDJ - The agreement allows FDJ to introduce its ParionsSport betting terminals in the Parc OL stadium, and the promotion by the club of its website of the same name

BaFin CrackDown on Spread Betting - The UK Financial Conduct Authority's crackdown on financial and stocks spread betting via contracts for difference has been followed by similar moves in Germany, where the financial regulator BaFin announced similar new restrictions Thursday.

How is the CDC Group Spending its Money - Questions are being asked about how the UK government's private equity arm, the CDC Group plc (formerly the Commonwealth Development Corporation) spends the billions it is allocated to alleviate international poverty, The Guardian newspaper reported Friday.

Voodoo Slot Released - The Prague-based online gambling games developer Endorphina is going against the trend of Christmassy-themed offerings at this time of the year, instead going for the popular horror genre in its new slot Voodoo, released to operators today (Friday).

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