Thursday March 20,2014 : VEGAS INSIDER TO LAUNCH FANTASY SPORTS PLATFORM
In revenue-sharing partnership with MGT Capital Investment subsidiaries
Sports gaming information portal VegasInsider.com will soon offer a self-branded daily fantasy sports platform in partnership with MGT Capital Investments Inc.
Under the terms of the deal, MGT subsidiaries FanTD LLC and MGT Sports Inc will exclusively provide the technology infrastructure in a revenue-sharing agreement with VegasInsider.com who said it "has been eyeing the fantasy sports space for some time and views the partnership as a huge opportunity".
Jeremy Avin, General Manager of MGT Sports said: "We are excited to team up with the global leader in sports gaming information. Using our technology and VegasInsider's large and growing audience, we will dramatically expand our daily fantasy sports offering."