Daily Fantasy Sports
Scout Gaming signs deal with market leading CIS operator Parimatch
Scout Gaming has entered into a license agreement with one of the market leading operators in the CIS region, Parimatch, to launch Scout Gaming’s market leading Daily Fantasy Sports product.
The partnership after it was announced that the Ukrainian president has signed a new bill to legalize gambling in Ukraine and start issuing licenses.
Founded in Ukraine 1994, Parimatch looks to build on its heritage to maintain a leading position in its home market. Parimatch is expected to be one of the first companies to apply for and obtain a local license in Ukraine.
“We are very pleased to reach an agreement with one of the absolute largest operators in the CIS region. We are impressed by how the team on Parimatch has grew their operations in the recent years and we are happy to further support their growth with offering our full product portfolio. Scout Gaming is currently putting all efforts to reach agreement with market leading operators around the world, this is an additional step in the right direction”, comments Scout Gaming CEO, Andreas Ternstrom.
“We are constantly improving our product offering and are very happy to be able to offer the market leading Fantasy product to our clients in a near future. Scout Gaming’s software will extend our already very successful sports offering and we are looking forward to a long-term successful co-operation”, comments Parimatch CEO, Sergey Portnov.
While the deal will have a limited impact on Scout Gaming’s 2020 revenues, the partnership has the potential to have a moderate to high effect on revenues in 2021 and beyond.
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Compliance Updates
PrizePicks Awarded Fantasy Sports Licenses in Delaware and Missouri
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PrizePicks, the largest daily fantasy sports operator in North America, announced it has been awarded Daily Fantasy Sports Operator Licenses in Delaware and Missouri. The company will launch Arena, its innovative peer-to-peer fantasy sports contest, in both states.
âWe are proud that Arena has been approved in every state where it has been submitted. Weâve seen strong player adoption to date and we look forward to replicating our success in these new markets with a fun gaming experience. Weâd like to extend our gratitude to the Delaware Division of Gaming Enforcement, the Delaware Lottery, and the Missouri Gaming Commission for their thoughtful collaboration,â said PrizePicks CEO Mike Ybarra.
Arena offers a unique leaderboard style peer-to-peer gaming experience, allowing players to compete for prizes against one another. Participants are grouped based on their number of entries and experience level. Since launching in January, players on Arena have built over 20 million peer-to-peer lineups. With these new state launches, Arena will now be available in 15 states across the US.
Daily Fantasy Sports
SCCG Management Announces Strategic Partnership with DFS Platform Bettor
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SCCG Management, a leading advisory firm in the global gaming industry, announced a strategic partnership with Bettor Together, the first cooperative fantasy sports platform. This collaboration aims to support Bettor Togetherâs growth and operations by leveraging SCCGâs extensive industry expertise and global gaming network.
Bettor Together transforms fantasy sports by shifting from solo play to a team-based experience. Players join forces with friends to tackle player prop contests, enhancing the excitement and competition. The platform includes innovative features like Odds Boosts, strategic player prop picks, and immersive contests that engage users with real-time leaderboard tracking and thrilling end-game scenarios.
Stephen Crystal, Founder and CEO of SCCG Management, expressed his enthusiasm for the partnership: âWe are excited to partner with Bettor Together to bring their innovative cooperative fantasy sports platform to a broader audience. Their unique approach to fantasy sports aligns perfectly with our mission to drive growth and maximize opportunities for our partners. We look forward to supporting their journey and helping them achieve new heights in the gaming industry.â
Mark Szandzik, Founder of Bettor Together, shared his excitement: âWe are thrilled to kick off our partnership with SCCG. Their industry expertise and expansive network will help us uncover new opportunities and take our innovative platform to the next level. We are excited about the synergies our partnership with SCCG will create, introducing our cooperative fantasy platform to the gaming industry and showing that we are Better Together.â
SCCG will support Bettor Together by developing and executing comprehensive marketing strategies to enhance both B2C and B2B growth. This includes analyzing market trends to identify partnership opportunities, conducting operational reviews to optimize processes, and executing targeted marketing and advertising campaigns to raise awareness within the gaming industry.
Adam Packer
PrizePicks Awarded Operating License in New Hampshire
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PrizePicks, the leading daily fantasy sports operator in North America, announced that it has been granted a daily fantasy sports operating license by the state of New Hampshire.
âWe are thrilled to be able to offer our skill-based fantasy offering to sports fans throughout the Granite State. We are grateful to the New Hampshire Lottery Commission for their thoughtful collaboration,â Adam Packer, Senior Vice President of Legal & Compliance at PrizePicks, said.
PrizePicks offers a variety of skill-based fantasy game types, including Arena, an innovative peer-to-peer game where players can compete for prizes against each other. Arena pits players into groups, matching their number of entries, selected entry fee, and experience level. Since launching in January, Arena is now live in nine jurisdictions and has surpassed two million lineups built by over 100,000 players.
New Hampshire becomes the 35th operational market for PrizePicks in the U.S. As the leading daily fantasy sports operator continues to launch in new markets, responsible gaming education remains a key focus.
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