Fantasy Sports – GamblersNews https://gamblersnews.com Betting News Hub Mon, 22 Jun 2020 14:54:46 +0000 en-US hourly 1 https://wordpress.org/?v=5.8.9 https://gamblersnews.com/wp-content/uploads/2019/01/cropped-gambling-icon-32x32.png Fantasy Sports – GamblersNews https://gamblersnews.com 32 32 Fantasy Sports Interactive Signs Strategic Deal with Scientific Games https://gamblersnews.com/fantasy-sports-interactive-signs-strategic-deal-with-scientific-games/1718/ https://gamblersnews.com/fantasy-sports-interactive-signs-strategic-deal-with-scientific-games/1718/#respond Mon, 22 Jun 2020 14:54:46 +0000 https://gamblersnews.com/?p=1718 One of the most successful fantasy sportsbook software providers, the Greek Fantasy Sports Interactive company has just recently announced the signing of an important strategic business deal with the Scientific Games Corporation firm. According to the terms and conditions of this business deal, Fantasy Sports Interactive will supply its online sports betting solutions, tools, and […]

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One of the most successful fantasy sportsbook software providers, the Greek Fantasy Sports Interactive company has just recently announced the signing of an important strategic business deal with the Scientific Games Corporation firm. According to the terms and conditions of this business deal, Fantasy Sports Interactive will supply its online sports betting solutions, tools, and other innovations to the USA-based gaming behemoth.

The Athens-based company used its official press release from the 26th of May to share more details about its latest business arrangement. In this statement, the company’s officials proclaimed that the business deal allows the company’s innovative collection of online gambling and gaming offerings to go live to Scientific Games Corporation’s OpenMarket online sports betting platform which is accessible to punters across the globe.

Details About Fantasy Sports Interactive

As suggested by the company’s name, the privately-held firm which emerged on the scene in 2016 is a prominent software content developer for daily fantasy sports and fantasy sports white-label gaming services. Moreover, Fantasy Sports Interactive is also the owner of the proprietary iGaming platform that offers a full range of services and tools to online casino gaming operators, online sports betting operators, newspapers, lotteries, and other interested websites that use fantasy sports services for customer acquisition and marketing plans.

As mentioned on the company’s official website, its powerful, back-end system is based on the popular Microservices Architecture that provides interested iGaming operators the ability to more services of the network whenever they want as well as scale horizontally. Nothing less powerful is the application’s frontend department which is crated as a Single Page Acquisition packed with a number of reusable components that allow flexible customization as well as module replacement as requested by customers.

OpenMarket Integration

Commenting on its latest business deal, officials at Fantasy Sports Interactive stated that this deal will allow online sports betting operators across the globe to easily integrate the company’s entire collection of online fantasy sports betting games and solutions as standalone products. Interested operators will also have the ability to integrate the company’s iGaming products and solutions via an all-encompassing Scientific Games Corporation’s OpenMarket integration.

Once the business arrangement is completed, the company’s released and upcoming fantasy sports and online sports betting innovations will also serve diverse skill gaming activities while allowing online sports betting operators to enrich their offering via cross-selling opportunities and increased customer engagement.

The company’s Chief Executive Officer Dennis Tsalikis used one of his latest press releases to proclaim that the business alliance with Scientific Games Corporation will also see the American gambling behemoth be supplied with full access to Fantasy Sports Interactive’s Fixed-Odds Fantasy iGaming product. This sportsbook product utilizes a powerful AI-based algorithm that generates odds feeds.

Dennis Tsalikis also said that he and his team are extremely proud and delighted to enter a business partnership deal with Scientific Games Corporation which is doubtlessly the world’s leader in digital gaming solutions. He also added that his company is looking forward to working alongside the American company to reach other global audiences with Fantasy Sports Interactive engaging and exclusive products. He also added that his company is certain that its business arrangement with Scientific Games Corporation will turn into a great, fruitful collaboration for both parties which will deliver positive results to the entire iGaming industry.

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The Very First Iowa Sportsbook Possibly Launching in Mid-August https://gamblersnews.com/the-very-first-iowa-sportsbook-possibly-launching-in-mid-august/689/ https://gamblersnews.com/the-very-first-iowa-sportsbook-possibly-launching-in-mid-august/689/#respond Thu, 08 Aug 2019 23:11:47 +0000 https://gamblersnews.com/?p=689 As it seems by the latest news, legal sportsbetting could arrive at the state of Iowa in mid-August in the case of the state’s gaming regulator approving the laws and rules which will govern its sportsbetting industry. The meeting at which the state regulator’s officials will discuss the subject is set to take place in […]

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As it seems by the latest news, legal sportsbetting could arrive at the state of Iowa in mid-August in the case of the state’s gaming regulator approving the laws and rules which will govern its sportsbetting industry. The meeting at which the state regulator’s officials will discuss the subject is set to take place in several days. What already happen is the state of Iowa becoming one of several US states to legalize sportsbetting this year.

Considering the fact that launching of the very first Iowa-based sportsbook this year is subject to a single regulatory approval, the state of Iowa is about to outpace its neighborhood Illinois in the start of betting on sports events both online and at land-based gambling facilities. As it was reported last month, the Governor of the state of Illinois, Mr. Pritzker signed a proposed gaming bill into law last month. With this move, the state of Illinois authorized the provision of multiple sportsbetting activities within the state’s borders.

Iowa’s Governor Kim Reynolds was the one who paved the way to legal sportbetting in the state after signing a bill into law in May this year. This law legalized wagering on college and professional leagues at both online and land-based casinos. As mentioned at the beginning, the mid-August start of the very first sportsbook in the state depends on whether the state’s Racing and Gaming Commission approves the rules proposed or not.

Technical Corrections and Modifications

There was a public hearing held on the 11th of July and it saw specific technical corrections and modifications made to the basic draft rules. All in all, these changes made are believed to the fully ready for consideration by the state’s gambling regulator as reported by the Racing and Gaming Commission’s Administrator Brian Ohorilko several days ago.

After Senate File 617, regarding the proposed gambling bill was signed into law, all of the major betting operators started eyeing the state’s gambling market expansion. With the bill signed into law, all of the state’s legally operating land-based casinos are allowed to offer both digital and in-person sportsbetting activities and services. Iowa-based bettors will be allowed legally to place real-money wagers on the majority of college and professional sports as long as these events do not include Iowa-based college teams.

The State of Iowa Legalizing Fantasy Sports

In addition to legalizing online and in-person sportsbetting activities, the state of Iowa also legalized fantasy sports as part of its latest expansion. Eighteen out of nineteen land-based casinos which operate in the state have already applied for their sportsbetting gaming licenses with Iowa’s gambling regulator. The only property which has not applied, at least not yet is Casino Queen Marquette. The regulator’s Administrator Mr. Ohorilko believed that Queen Marquette will apply eventually.

As mentioned at the beginning, is the state’s Racing and Gaming Commission approves the most recently proposed betting rules, the very first Iowa-based sportsbook will go live on the 15th of August. With the approved betting rules, the gambling facilities will be also allowed to partner with third-party companies. Naturally, these third-party companies will also have to apply for their gaming licenses with the state’s gaming regulator to be able to offer their services within the state’s borders.

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