17 points | by
313 days ago
Awesome. Fantasytote.com is another Irish service in same fantasy football gambling space having players against each other using a tote, rather than the house setting the odds.
FanDuel claims not to be gambling yet they're being bought out by a gambling company. Interesting
well, i mean, my opinion is that FanDuel is in fact a gambling company, but unalligned businesses do acquisitions all the time
I mean an e-commerce site literally bought a brick and mortar grocery store because it had the money
This is probably the first of many sports gambling related moves.
Another big win for Edinburgh's tech scene :)
What do you guys think of this?
It's the first of many. Companies have been circling for years, prepping for access to the US market.
I'm surprised it's not in the billions, to be honest.
Why? They don't have some special access to gambling that others don't and are known for losing phenomenal amounts of money.
Brutal. Their most recent round was $275 mil at a $1.3 billion valuation.
huge.. this is a big deal.