#twitterlygaming - Bankruptcy, a Maltese licence and a Tube Strike

#twitterlygaming - Bankruptcy, a Maltese licence and a Tube Strike

Friday, February 3, 2017
The best of igaming on Twitter in the past seven days

News broke late this week that FantasyAcres has entered bankruptcy. This story followed on from a previous announcement that FantasyDraft had acquired the operator which later turned out to be false. The deal was canned with FantasyDraft’s statement claiming it was due to “issues identified with our (sic) due diligence”. These issues came to light two days later.

Shortly before this bankruptcy revelation the Fantasy Sports Trade Association revealed that it was revoking its membership. It has become apparent that FantasyAcres was using player funds as operational costs and used up to $1.3m of such funds to keep the company going for the time it was in operation. You can read a good account of the matter here at Legal Sports Report. David Payne Purdum tweeted about the FSTA removing the firm as a member on Wednesday.

He tweeted: “Fantasy Sports Trade Association suspends membership of daily fantasy site FantasyAces. Statement from FSTA president @PaulCharchian”

Some other responses to the news took a more lighthearted approach…

Versuhtyle tweeted: “Talked 2 roofer about DFS. Said he was a poker guy. Told him about Aces said he's got some money there. Told him no u don't #MyRoofFucked”

For those attending ICE next week this one is important. There is a tube strike which is planned to last from this Sunday at 20.00 until Wednesday at 11.00. The team behind ICE has been attempting to ensure all attendees know as much about it as possible, and @Talking_ICE tweeted it out on Thursday. Notably the DLR line will still be running.
 

@Talking_ICE tweeted: “Important Tube and DLR travel information for ICEVOX on Monday and/or ICETotallyGaming on Tues-Weds.”

Betgenius revealed a big win this week in wake of the news that Greek operator OPAP agreed to migrate to the Genius Sports’ firm’s new sportsbook platform. EGR’s Gerard Starkey shared his thoughts

Starkey tweeted: “Interesting deal this. Big first client for the new Betgenius sportsbook platform.”

Pinnacle launched its Betting Resources feature this week. This will be an ongoing process with more and more added to it, but ultimately the bookmaker is aiming to create ‘the most comprehensive collection of expert betting advice available anywhere online’. Pinnacle’s Head of Marketing Harry Lang shared one of the first engaging stories to go live on it about pro bettor Lewis Deyong.

Lang tweeted: “A fascinating interview on Betting Resources with sports bettor (and also my Uncle) Lewis Deyong”

It wasn’t all doom and gloom from the DFS industry this week. Fantasy giant DraftKings secured one of the first Maltese Controlled Skilled Gaming licences. This is reportedly ahead of a major push throughout Europe which will kick off in Germany in Q1. DraftKings CEO Jason Robins and CIO Jeffrey Haas headed to Malta to put pen to paper on the deal.

Robins tweeted: “Great morning in beautiful Malta with the Honorable Minister Dr. Emmanuel Mallia, MGA Exec Chairman @JoeCuschieri, and DK CIO Jeffrey Haas”

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