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Daily Fantasy Sports

FanDuel Signs Multi-year Agreement with Grupo Globo

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FanDuel, part of Flutter Entertainment, and Grupo Globo have signed a new multi-year agreement that will see FanDuel provide daily fantasy sports (DFS) services to Grupo Globo’s Cartola FC brand.

FanDuel will power an extension of Cartola FC’s current product suite that will include the launch of a paid daily fantasy sports platform in Brazil, Cartola Express.

Grupo Globo is the largest media conglomerate in Brazil. The network is made up of a number of companies that create, produce and distribute high-quality content across multiple platforms. Its news, sports, and entertainment programs reach 99.6% of the Brazilian population and its linear channels speak directly to more than 100 million people in Brazil every day.

Cartola Express will join Grupo Globo’s Cartola portfolio. Cartola FC was first launched in 2005 and is a prominent player in the Brazilian fantasy sports market, with more than 17 million app downloads, 10 million active fantasy teams, and 435,000 Cartola PRO customer subscriptions. The brand is integrated across all of Grupo Globo’s broadcast and digital sports media ecosystem, including daily Serie A programming, weekly expert commentary shows such as ‘The LineUp’, Globo’s online sports outlet GE, and social media and digital influencer networks.

Cartola FC is free to play and gives players the opportunity to build fantasy teams for Brasileiro Série A. A Cartola PRO subscription currently gives players greater profile customization and further access to news, tips, and competitions as well as the opportunity to compete for gift cards per round. The new agreement will see FanDuel help to expand Cartola FC’s offering with the launch of a Cartola Express paid DFS product for Brazilian customers, which will sit alongside the already established Cartola FC and Cartola PRO products.

“In Cartola FC, Grupo Globo has built a pioneer in the Brazilian fantasy sports market, offering millions of players access to a first-class entertainment platform which is integrated across a vast sports media portfolio. This exciting initiative allows us to contribute to that success by adding FanDuel’s proven product capabilities and cutting-edge services. We’re looking forward to being a part of this initiative, offering players a new service and the next generation of fantasy sports in Brazil,” Amy Howe, CEO of FanDuel, said.

Newton Filho, CEO of DFS Entretenimento, which operates Cartola Express, commented: “Daily fantasy sports is a fast-growing form of entertainment in Brazil and Cartola Express has the potential to take this to the next level. We’re proud to count on the expertise of FanDuel, which has been a leader in this field in the United States for more than 10 years, and we’re confident that our players will enjoy the benefits of their experience.”

Daily Fantasy Sports

Stokastic Unveils Revolutionary New Sims Tools

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Stokastic, a leading innovator in sports betting and Daily Fantasy Sports (DFS) tools and analytics, has released its groundbreaking Stokastic Sims product. Currently offered for both MLB and PGA, this revolutionary no-code solution empowers players to compete with, and beat, professional DFS players.

Seasoned DFS professionals have long leveraged simulations, but now, with Stokastic Sims, any player can effortlessly do the same. Bryan Berryman, Senior Product Manager and one of the architects behind the Sims, emphasizes, “This tool levels the playing field and empowers everyone, regardless of technical expertise and skill level, to delve into the world of advanced simulations”. Berryman is confident that Stokastic Sims will reshape the landscape of DFS for years to come.

With comprehensive metrics, in-depth analysis, and advanced features, the Sims Tools build on Stokastic’s legacy of providing its subscribers with invaluable insights for informed decision-making. The launch of the MLB and PGA Sims is a game changer in the world of DFS lineup optimization and cements Stokastic’s place as a leader in sports data and analytics.

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Compliance Updates

Daily Fantasy Sports Leader PrizePicks Expands into the State of Indiana

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Indiana Gaming Commission Welcomes PrizePicks

Process Underway for Obtaining Permanent Fantasy License

PrizePicks, the largest fantasy sports operator in North America, announced today that the Indiana Gaming Commission has granted the company a temporary license to operate its daily fantasy sports (DFS) business in Indiana, offering fans in the basketball-loving state an exciting new wrinkle to their sports viewing experience.

‘The Hoosier State’ becomes the latest state in which PrizePicks can now offer its skills-based fantasy sports platform.  As home to the NBA’s Indiana Pacers and the WNBA’s Indiana Fever, the arrival of PrizePicks and its industry-leading basketball offerings will be well received.

“Adding Indiana as a licensed state to our portfolio is an important benchmark for our organization as we continue to grow our national footprint,” the Chief Legal Officer and Head of Public Policy for PrizePicks, Jason Barclay, said. “We are extremely grateful to the Indiana Gaming Commission for its collaboration and we hope that this license can be a model for other states with competitive gaming markets.”

The temporary license in Indiana continues what has been a rousing year for PrizePicks, following partnerships with MLB’s Atlanta Braves, NASCAR, rapper Meek Mill and the BIG3 basketball league owned by hip-hop legend Ice Cube. On June 27, PrizePicks was named the fastest-growing company in Georgia among the upper middle market by the Atlanta Association for Corporate Growth.

“As an author of the fantasy sports legislation in Indiana, I’m happy to see Indiana continue to be a leader in creating a successful regulatory environment for fostering innovation in the fantasy sports space,” said Indiana State Senator Jon Ford (R-Terre Haute), who is also President of the National Council of Legislators from Gaming States (NCLGS).

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Daily Fantasy Sports

BIG3 Enters into Partnership with PrizePicks

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The BIG3 announced they have signed an exclusive partnership with PrizePicks, the largest skill-based fantasy sports operator in North America, to become the BIG3’s daily fantasy provider and further the convergence of basketball, hip-hop, and fantasy sports.

Since its inception in 2017, PrizePicks has steadily risen to become the No. 1 fantasy platform in North America for basketball, offering myriad game play options for fans of the NBA, WNBA, and college basketball that include single-statistic and in-game plays. As a result, PrizePicks has turned the game into an immersive fantasy experience from the opening tip to the final whistle.

As part of the BIG3’s own in-app vertical, users and FIREBALL3 fans can compete against the numbers and enhance their viewing experience. Additional terms of the agreement include commercial spots, on-court and courtside branding, in-app promos for BIG3 fans, and more.

“We are very excited for this partnership. What PrizePicks is doing for the fantasy and sports entertainment industry is very similar to what the BIG3 is working towards. This partnership is a mutually beneficial relationship with the primary goal of giving fans the best experience possible. Together, we are changing the sports entertainment industry for the better,” Justin Williams, CMO of BIG3, said.

“BIG3 is the perfect partner to mutually expand our fan bases as it appeals to both the mainstream basketball fan as well as the more casual fan who might be attracted by the familiar names or innovative game play. We’ve both recognized that the basketball, hip-hop and fantasy sports communities share common entertainment interests, which opens countless crossover opportunities,” PrizePicks Co-Founder and CEO Adam Wexler said.

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