| 10/07/2010 |
Online Casino Style - News: |
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Fantasy Sports
Popular - 1 In competition to Fan Duel, other services include brands such as Fan Ball.com, which launched a game in 2008 called Snapdraft, a game that quickly attracted slews of players for its ease of play, and the fact that it ran on a daily schedule. Because gamblers do not bet on the outcome of games, for now, fantasy sports are a loophole for the UIGEA, providing a much needed outlet for American bettors who would much rather be frequenting online casinos. The President of the Trade Association made a statement to the newspaper in relation to the boom of the industry, saying that, “Whereas season-long drafts have already had their single bite ... our daily draft model enables us and our partners to continue to add players throughout the NFL season.” And the market is not just limited to the internet, as Fan Duel has also linked up with a number of US newspapers to attract more business. The beginning of the NFL season this year has resulted in a flood of new players to Fan Duel as well as other fantasy sports sites. They were only launched this year, with a $1.8 million in capital funding. The online gambling equivalent has become very successful in the short amount of time, now averaging more than 20,000 users every month. They have placed more than 65,000 bets, according to the chief executive officer for the site, Nigel Eccles. In the midst of the online gambling boom, circa 2008, fantasy sports gamblers were already spending $134 a year on their fantasy leagues. But different from internet casino action, the Americans and Canadians frequenting the sites, nearly three-quarters of the 3 million players were doing so, paying up freely, just for bragging rights – and perfectly content to do so without expectations of coming away with profits. |
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