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Yahoo Buying Fantasy Sports Company
3/18/10 - Yahoo is buying fantasy sports company Citizen Sports, an enterprise co-founded by an MIT graduate whose card-counting skills helped him win millions of dollars in blackjack and spawned a film and a best-selling book, reports Associated Press.
The agency names Jeff Ma, famous for his card counting antics in Las Vegas and Atlantic City that inspired "Bringing Down the House" and, more recently, the movie "21," as the founder of Citizen Sports in 2004, along with business partner Mike Kerns, which the duo have agreed to sell to Yahoo.
Citizen Sports offers fantasy leagues for sports such as football, soccer and basketball that fans can manage online at social-networking sites and through mobile applications for Apple's iPhone and smart phones running Google Inc.'s Android operating software.
AP opines that Yahoo's objective is to boost its social-networking offerings, an area in which the company has struggled despite its massive Internet audiences.
Yahoo did not release financial details of the purchase, which it expects to close by June.
AP reports that millions of people participate in fantasy leagues, where participants rack up points based on the performance of the sports players they pick to be on their make-believe teams.
Yahoo said Wednesday that Citizen Sports will be integrated with content from its sports news and information site, Yahoo Sports, and vice versa. The fantasy sports site now has 39 million unique visitors in the U.S. each month.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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