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Thursday, May 2, 2013

Fantasy sports?

You know as a foreigner I find the whole American idea of Fantasy Sports intriguing.

For years I've wondered if the USA was just leading the way and there would be fantasy EPL or fantasy Rugby Union announced next. ...And as close to "fantasy selection process" the Indian IPL cricket tournament is with its annual auction played out by indian billionaires....its still a real event played in real life.

So when the New Jersey governor Chris Christie said a few months ago that he was making a state ruling that NJ Casinos can start taking bets on fantasy sports and if Obama didn't like it he could kiss his ass and take the state to court.....I sat up and took notice.

Whats really interesting is this comment

"Most players spend $467.60 per year playing fantasy sports"

in the article - http://seekingalpha.com/article/1362721-the-only-stock-for-investing-in-daily-fantasy-sports?  about how MGT a listed company have bought out www.FanThrowDown.com for $4m but that The top website in daily fantasy sports, www.FanDuel.com just received $11 million in Series C financing (its Series B was $4 million) led by the investment unit of Comcast.....!!

If fantasy sports participants are betting $450 a year....this means they're gambling more than they are paying to watch the games in the first place....Will there be a "bet by set top box" league on every game on every cable channel?

Better still could there be a "bet on survivor winner" to draw in a bigger more widespread audience?

Any thoughts?


1 comment:

  1. Heads up:

    DraftKings raises $7 million Series A led by Atlas Venture for its daily fantasy sports service