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NHL signs deal with FanDuel

Niji Narayan

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NHL signs deal with FanDuel
Photo Source: wdef.com
Reading Time: 3 minutes

 

The National Hockey League of the USA has signed a multiyear partnership with the gaming company FanDuel. As per the agreement, FanDuel will be the exclusive daily fantasy partner and an official sports betting partner of the NHL.

NHL Commissioner Gary Bettman said: “As the sports betting environment increases, meaning we now have teams in two markets where sports betting is legal, Nevada and New Jersey, to have the daily sports fantasy element everywhere, gives our fans an opportunity to interact with FanDuel,” Commissioner Bettman said during a roundtable discussion at FanDuel Sportsbook at the Meadowlands Racetrack. “And FanDuel has made an amazing transition from daily fantasy sports to sports betting, doing both extraordinarily well and becoming leaders in technology in both spaces. For us, the opportunity to grow with them in this environment is going to be terrific.”

The New Jersey Devils and FanDuel also signed a partnership that is the first sports betting agreement between the daily fantasy sports and sports betting provider and an NHL team.

FanDuel is the second sports betting partner for the NHL. The League announced a multiyear partnership with MGM Resorts last week, making it an official gaming partner and the official resort destination of the League.

“We’re talking about having relationships with a number of entities in addition to these two,” Commissioner Bettman said.

The NHL will be able to influence the types of bets made available by each betting partner.

“Having a direct relationship gives us the input to do that and that’s important to us, because some bets make more sense than others. Or saying it differently, some bets make less sense than others,” Commissioner Bettman said. “That’s something we’re going to keep an eye on.”

FanDuel, through the partnership, also can offer its customers access to exclusive NHL content, including real-time data, and special prizes, including VIP experiences at major NHL events.

To start, FanDuel will introduce a “Skate to the NHL Winter Classic” contest, which will allow fans to enter daily contests to win a VIP trip to the 2019 NHL Winter Classic between the Chicago Blackhawks and Boston Bruins at Notre Dame Stadium on Jan. 1 (1 p.m. ET; NBC, SN, TVAS).

“The only reason we do these deals is because it gives us access to stuff like the data that is going to make it better for the fan,” FanDuel CEO Matt King said. “It means we’re going to be able to have more ways to improve and differentiate the product in the eyes of the fan.”

FanDuel will get access to currently available NHL data as well as advanced real-time data still in the development and testing phases. Commissioner Bettman said last week the League hopes to roll out the new data next season.

King said FanDuel likely would use the new data to create new categories for its game play. But most important, he said, the data will give users the ability to do greater research with the use of a trusted source.

“Sports betting is something new and one of the things that we want to make sure of is that we differentiate for fans that want to partner with a legal and regulated entity like ourselves vs. those that might be using an offshore book,” King said, “Frankly the imprint of the NHL and the Devils is a huge differentiator in terms of building that trust.”

In its separate agreement with the Devils, FanDuel will connect with fans at Prudential Center through social, digital and in-game activation platforms. They’ll have in-arena access to company’s app for in-game betting options.

“It allows the live experience to be differentiated,” said Hugh Weber, president of Harris Blitzer Sports & Entertainment, the Devils and Prudential Center. “So when you come to Prudential Center to watch a Devils game you can not only take in live action, you can actually do a thing you love to do as well, which is take a place in the action and have fun.”

FanDuel joins William Hill, a global sports book operator, and Caesars Entertainment, as the Devils’ sports betting partners.

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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Daily Fantasy Sports

Scout Gaming wins EGR B2B award for the second year in a row

George Miller

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Scout Gaming wins EGR B2B award for the second year in a row
Reading Time: 1 minute

 

In fierce competition, Scout Gaming repeated last year’s victory at EGR by winning “Fantasy Sports Supplier of the year” 2019 edition.

 

“We are pleased that we once again won the prize and believe we are leading the innovation in this part of the sector. During the year we have launched both Fantasy Match-up and a beta version of the worldunique sportsbook based on expected player points, with our in-house player pricing. We are continuing the development and expecting to launch an Inplay Fantasy product in the second half of the year, in which you are a manager in real time, “comments Andreas Ternstrom, CEO Scout Gaming.

Scout Gaming is currently live with their product in North America, South America, Europe and Asia.

 

About Scout Gaming Group:

Scout Gaming Group is a licensed and regulated provider of B2B Daily Fantasy Sports and pool betting. The
company offers a flexible and customizable network based Fantasy Sports solution with support for most
sports and leagues through an in-house StatCenter which also provides real-time information to players.
Local sports can be provided on request. The Group is headquartered in Stockholm, Sweden with
development and operations in Bergen, Norway and Lviv, Ukraine. Sales, support and product management
is handled from the office in Malta.

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Daily Fantasy Sports

Kapil Dev Launches Apne11

Niji Narayan

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Kapil Dev Launches Apne11
Image Source: invoice.ng
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Kapil Dev, the former Indian cricket team captain, has launched a new daily fantasy sports platform named Apne11. He is the brand ambassador of the platform.

On Apne11, players can choose their own team from the players on the actual field and be awarded points in accordance with the performance of the selected team combination.

Apne11 also announced a launch offer wherein user will get 100% cash bonus deposits and an opportunity to play against Kapil Dev by participating in the Kapil League. The highest scorer on Kapil Dev’s leader board will win Rs. 25 lakh.

“The gaming industry is undergoing a revolution and with one of the world’s largest youth populations, India is poised to become one of the world’s markets in the gaming sector. We want to make daily fantasy sports game experience simpler and reach tier 2 and tier 3 cities,” Ratul Sethi, the founder of Apne11 said.

“The Indian market is the fastest growing fantasy sports market in the world, the market is projected to touch 5 billion in the next two years,” Roland Landers, the CEO of All India Gaming Federation said.

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Compliance Updates

Alabama Regulates Daily Fantasy Sports

Niji Narayan

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Alabama Regulates Daily Fantasy Sports
Photo Source: cowgernation.com
Reading Time: 1 minute

 

The US state of Alabama has regulated and legalised daily fantasy sports (DFS) again. The state has imposed a tax on DFS as well. This is a significant move, as the state banned DFS activity about three years ago, forcing companies like FanDuel and DraftKings to shut down their business in the state.

Alabama Governor Kay Ivey signed the DFS bill, which allows the attorney general’s office to oversee and regulate the industry, as well as to ensure compliance with fiscal obligations.

According to the provisions of the bill, bigger operators – those who make over $10 million nationwide – will have to pay a fee of $85,000 each year for their DFS license. Smaller operators need to pay $1,000. There will be a flat 10.5% tax on the gross revenue for all operators.

The legislation considers that DFS is a game of skill, not a game of chance. It means the DFS does not come under the purview of the state’s gambling laws.

The bill’s primary sponsor, Representative Kyle South, felt confident that this was the year for DFS and he was right. He said of DFS, “One thing you can point to are all these major league baseball teams, these professional sports teams are going to an analytics-based system for choosing their players, and that’s all we’re doing here.”

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