Fantasy Aces Takes Rival's Player Base On Board

Consolidation in the daily fantasy sports sector

DFS operator Fantasy Aces on the Toronto venture exchange is expanding, with growth taking it into the top five operator list in the United States.
On Wednesday the company announced that it has acquired active DFS players in the database of Fantasy Feud Inc., a DFS operator owned by Gaming Nation.
The acquisition of the 35,000-strong database is conditional on payment in cash of C$25,000, with an undisclosed further consideration settled by common shares in Fantasy Aces.
Corporate stats show that the two companies have achieved total gross annual revenue of $1.15 million.
"Fantasy Aces executives and employees will continue to serve as the operators, including all day-to-day site operations," Fantasy Aces said in a statement.
Importantly, the agreement makes provision for other fantasy assets in the Gaming Nation portfolio to recommend Fantasy Aces; these assets include Fantasy Guru, DFS Guru Elite, Pick Nation and 5050 Central.

Online Casino News Courtesy of Infopowa

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Brian Cullingworth

Brian Cullingworth

Infopowa news was a staple of Casinomeister’s news from 2000 until 2019. Brian Cullingworth was the main writer, contributor, and was one of the most knowledgeable persons I have ever known involved in the online casino industry.

We first met in January 2001 at the ICE in London where I observed him going booth to booth interviewing online casino, software, and licensing jurisdiction representatives. Brian was also heavily involved with our forum as “Jetset“, he was involved as an informal consultant to eCOGRA, the OPA, and was a player advocate who assisted countless aggrieved players with his connections to industry folks. He also published “Casino Cautions” via Infopowa news for quite a number of years. These can be found in our news archives.

His passing in February 2019 was a dark day for us. He will be forever missed.

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