Daily Fantasy Sports
GRIDRIVAL LAUNCHES MOTORSPORTS DAILY FANTASY SPORTS (DFS) PLATFORM
GridRival, the sports betting startup dedicated to motorsports, has launched its highly anticipated Daily Fantasy Sports offering for users across 23 states in the USA.
GridRival, a fantasy motorsports app that currently offers games based upon Formula 1 and MotoGP series, has developed a user base of over 200,000 motorsports fans in the past year, thanks to its combination of engaging fantasy league gameplay, detailed performance data, in-depth research tools and native social functionality.
Now, in addition to playing season-long leagues, the fastest-growing fantasy league game for race fans is offering real-money contests based on global race series, including Formula 1 and MotoGP. Contests based on other series, including NASCAR, are already in development and set to be rolled out in timely succession.
âMotorsports remains a hugely undervalued betting commodity, whose fans have, until now, not been effectively served by traditional operators,â says Ross Fruin, GridRival CEO and Co-Founder. âWe are launching at the intersection of the rise of US sports betting, and the inexorable growth of motorsports.
âGridRival has already proven itself capable of targeting and engaging the motorsports fan base at scale with an authentic, richly-featured app, and the appetite for a motorsports-specific betting platform is clear, so we are thrilled to have launched our DFS offering.â
GridRivalâs research of its users showed that 78% of its respondents who already participate in sports betting would prefer to use a motorsports-specific platform, as opposed to the offerings from major operators. Meanwhile, 32% of users who have never bet on motorsports before said they would be likely to try it with GridRivalâs DFS launch.
âGridRival has been built from the ground up with proprietary tech, including our own wallet and player account management solutions, scoring engines, and game management platform that allow more control over the product experience we can deliver to our users,â says Jeff Shinrock, GridRival Co-Founder and CTO. GridRival has harvested and harnessed their knowledge of motorsports fans to build a meaningful product, which routinely laps the tired offerings that have traditionally blighted betting activity on this hugely popular sport.
âGridRival has been built by racing fans, for racing fansâand itâs a point of pride that we have been so well received by the motorsports community. With DFS, weâre providing what we believe is the first step in activating this very large audience towards a level of excitement with real money games.â
The GridRival app, which first launched in 2021, features real-money salary cap daily fantasy contests, where users select drivers and constructors. Decisions are aided by the in-depth historical race performance data upon which GridRival has built its reputation, and an in-game chat system, where players can interact within the app, boosting digital dwell-time and fan engagement.
Daily Fantasy Sports
SCCG Management Announces Strategic Partnership with DFS Platform Bettor
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 Together’s growth and operations by leveraging SCCG’s 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: “We 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.”
Mark Szandzik, Founder of Bettor Together, shared his excitement: “We 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.”
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.
Compliance Updates
PrizePicks Awarded Operating License in New Hampshire
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.
Daily Fantasy Sports
Dabble to integrate OpticOddsâ API & Trading Screen to power US growth
OpticOdds, the premier feed provider for top operators, has struck a new partnership with Dabble as they continue to expand into the United States with its DFS Pick Em product offering. This collaboration will see the sportsbook and DFS operator integrate OpticOddsâ advanced odds API and trading solutions.
The agreement covers multiple sports and OpticOdds will provide Dabble with comprehensive player market odds data for its US product and additional market coverage for its Australian offering.
Dabbleâs customers will now be able to enjoy more wagering opportunities, benefiting from real-time updates and alerts. The API and trading screen provide comprehensive odds updates from over 100 sportsbooks, covering best odds, outliers, player markets, reference lines, settlements, injuries, and more. An added benefit of the OddsScreen is the custom-weighted consensus lines, real-time outliers, arbitrage opportunities, and line movement alerts, and historical odds from one location.
OpticOdds continues to lead global odds coverage, catering to a wide range of sports and events including football, basketball, baseball, MMA, boxing, hockey, soccer, tennis, golf, motorsports, esports, wrestling, rugby, lacrosse, cricket, volleyball, and politics from over 125+ sportsbooks.
Ryan Weinstock, Chief Commercial Officer at OpticOdds, commented, âOur products are designed to boost margins and expand coverage for operators. We’re thrilled to see Dabble fully leveraging the power of our API and trading screen to enhance their offerings.â
Jon Robin, Co-Founder and Chief Strategy Officer at Dabble, added, âAdding OpticOddsâ suite of real-time data tools for sports betting and fantasy into our offering will enable us to build on our growth momentum and provide an enhanced offering for our 700,000 active customers. Having the right tech and trusted partners in place enables us to focus on creating the best player experiences that have social interaction at the heart.â
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