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A fantasy sport is a type of game, often played using the Internet, where participants assemble imaginary or virtual teams composed of proxies of real players of a professional sport. These teams compete based on the statistical performance of those players in actual games. This performance is converted into points that are compiled and totaled according to a roster selected by each fantasy team's manager. These point systems can be simple enough to be manually calculated by a "league commissioner" who coordinates and manages the overall league, or points can be compiled and calculated using computers tracking actual results of the professional sport. In fantasy sports, team owners draft, trade and cut (drop) players, analogously to real sports.
Endeavor Group Holdings, Inc. is an American holding company for talent and media agencies with its primary offices in Beverly Hills, California, United States. The company was founded in April 2009 after the merger of the William Morris Agency and the original Endeavor Talent Agency. Endeavor represents artists in movies, television, music, theater, digital media, and publishing. It also represents the NFL and NHL. Endeavor owns the Ultimate Fighting Championship and Miss Universe. It is headed by CEO Ari Emanuel and executive chairman Patrick Whitesell.
Revolution LLC is an American investment firm based in Washington, D.C., founded in 2005 by AOL co-founder Steve Case, after leaving the AOL Time Warner board. The firm seeks to fund entrepreneurs who are transforming legacy industries with innovative products and services, with an overarching focus on companies that are based outside of the coastal tech hubs of NYC, SF and Boston. Through the firm’s Rise of the Rest platform, it has developed a network of business and civic relationships that helps Revolution source investments and support existing companies as they seek to expand across the country. Notable investments include LivingSocial, Zipcar, DraftKings and sweetgreen.
Hubdub was a web-based prediction market in which players used virtual money to trade predictions on future events. Over time users built up a portfolio of live predictions across their chosen categories of interest such as politics, sport, entertainment, technology or other categories. Each player's performance was tracked allowing them to compete on leader boards which demonstrate their knowledge and expertise in their chosen category.
Shopify Inc. is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. It is also the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. The Shopify platform offers online retailers a suite of services including payments, marketing, shipping and customer engagement tools.
Team Liquid is a multi-regional professional esports organization based in the Netherlands that was founded in 2000. With the release of StarCraft II: Wings of Liberty, Team Liquid signed their first professional players.
Daily fantasy sports (DFS) are a subset of fantasy sport games. As with traditional fantasy sports games, players compete against others by building a team of professional athletes from a particular league or competition while remaining under a salary cap, and earn points based on the actual statistical performance of the players in real-world competitions. Daily fantasy sports are an accelerated variant of traditional fantasy sports that are conducted over short-term periods, such as a week or single day of competition, as opposed to those that are played across an entire season. Daily fantasy sports are typically structured in the form of paid competitions typically referred to as a "contest"; winners receive a share of a pre-determined pot funded by their entry fees. A portion of entry fee payments go to the provider as rake revenue.
FanDuel Group is an American gambling company that offers sportsbook, daily fantasy sports, online casino and online horse race betting products. Originally founded in 2009, the company operates sportsbooks in a number of states including New Jersey, Pennsylvania, Indiana and West Virginia; an online horse race betting platform; and a daily fantasy sports service.
Bill Maris is an American entrepreneur and venture capitalist focused on technology and the life sciences. Bill Maris's investments have to date resulted in over 150 exits and more than 50 companies that have grown to over $1B in value, including: Aurora Innovation, Nest, Uber, Crowdstrike, Coinbase, 23andme, Flatiron Health, Foundation Medicine, The Climate Corporation, Vir and Auris. He is the founder and first CEO of Google Ventures (GV) and also served as VP of Special Projects at Google/Alphabet. He is the creator of Google's Calico project, a company focused on the genetic basis of aging. He is the founder of early web hosting pioneer Burlee.com, now part of Web.com, and the founder of Section 32, a California-based venture fund focused on frontier technology.
Nik Bonaddio is an American Internet entrepreneur best known for founding and serving as the CEO of the popular sports analytics site numberFire. In 2017, he was named Chief Product Officer at FanDuel, who acquired numberFire in September 2015.
Skillz is an online mobile multiplayer video game competition platform that is integrated into a number of iOS and Android games. Players use it to compete in competitions against other players across the world.
DraftKings is an American daily fantasy sports contest and sports betting company. The company allows users to enter daily and weekly fantasy sports–related contests and win money based on individual player performances in five major American sports, Premier League and UEFA Champions League football, NASCAR auto racing, Canadian Football League, the XFL, mixed martial arts (MMA) and Tennis.
Immortals is a professional esports organization based in the United States owned by Immortals Gaming Club. It was founded on October 7, 2015, after the acquisition of Team 8's LCS spot.
Andrew "Andy" D. Miller is an American businessman and technology/sports entrepreneur. He was formerly the Vice President for Mobile Advertising at Apple Inc. As of 2015, Miller is a co-owner of the Sacramento Kings of the National Basketball Association (NBA), chairman and co-owner of NRG Esports, co-owner of the Modesto Nuts, high Single A minor league baseball affiliate of the Seattle Mariners of MLB, co-founder of Remix Media, Inc. and its app Spun, as well as co-founder of start-up vehicle StartingFive.
Flutter Entertainment plc is an Irish bookmaking holding company created by the merger of Paddy Power and Betfair, and the later acquisition of The Stars Group. It is listed on the London Stock Exchange, and is a constituent of the FTSE 100 Index.
FunPlus is a video game developer and publisher headquartered in Switzerland, with operations in China, Japan, Singapore, Spain, Sweden, Russia, and the United States. The company is known for their mobile games, notably State of Survival, King of Avalon, Guns of Glory, Family Farm Seaside and their investments in the esports industry.
Jens Hilgers is a German serial entrepreneur, known for his work in the esports industry. He was the founding CEO of the Electronic Sports League (ESL) — one of the oldest and largest esports organizers which sold for $1.05B to Savvy Gaming Group in 2022. He is a co-founder and the CEO of Bayes, an esports data company based in Berlin. In 2014, he co-founded G2 Esports together with Carlos "ocelote" Rodriguez, and currently serves as its chairman. He is also founding general partner of BITKRAFT Ventures, a global early and mid-stage investment platform for gaming, esports, and Web3 which he started in 2015. He is credited by some as an early pioneer of the esports industry.
Dave Finocchio is an American businessman who co-founded the sports news website Bleacher Report, which is the second-largest digital sports publisher with over 45 million monthly readers. In 2012, Finocchio led the company through an acquisition by Turner Broadcasting System for approximately $175 million. He stepped away from daily operations of Bleacher Report in 2014 but returned to the company as its CEO in 2016.
Immortals, LLC, doing business as Immortals Gaming Club (IGC), is a collective esports and gaming company. The company rebranded from Immortals to Immortals Gaming Club in 2019 after they acquired Brazil's Gamers Club. IGC owns and operates IGC Esports, which houses the Immortals, MIBR, and the Los Angeles Valiant, and also has a partnership with the Brazilian sports club Corinthians.
Prodege, formally Prodege LLC, is an American online marketing, consumer polling, and market research company based in El Segundo, California. The company develops consumer rewards and polling programs under various brands including Swagbucks, MyPoints, ShopAtHome, InboxDollars, CouponCause, Ysense, and Upromise.
References
- ↑ "FanDuel CEO and co-founder Nigel Eccles is leaving to start an eSports company". Recode. 20 November 2017.
- ↑ "FanDuel CEO and co-founder Nigel Eccles is leaving to start an eSports company". Digit.
- ↑ "FanDuel: Tyrone man Nigel Eccles will soon be Northern Ireland's newest billionaire". Belfast Telegraph. 22 July 2015.
- ↑ ""Twisted And Mischaracterized": How FanDuel's CEO Is Fighting Back Against Detractors". Fast Company. 18 April 2016.
- ↑ "Nigel Eccles: knowing when to "pivot" key for entrepreneurs". The Scotsman. 10 January 2017.
- ↑ "The $11,000,000 Round: Interview with "The Godfather" Nigel Eccles". Rotogrinders.
- ↑ "FanDuel founder Nigel Eccles leaves company". BBC. 20 November 2017.
- ↑ "Daily Fantasy Sports Sites DraftKings And FanDuel Agree To Merge". NPR. 18 November 2016.
- ↑ "FanDuel is weighing whether to drop its merger with DraftKings". Recode. 11 July 2017.
- ↑ "FanDuel CEO, Co-Founder Eccles to Leave Company". The Wall Street Journal. 20 November 2017.
- ↑ "FanDuel co-founders launch new esports venture in Edinburgh". Future Scot. 23 January 2018.
- ↑ Tim Casey (April 1, 2021). "StarStock, An Online Sports Cards Marketplace, Raises $8 Million In Series A Funding". Forbes.