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Daily Fantasy Sports Sites: What Investors and Venture Capitalists Need to Know

Written by:
Jagajeet Chiba
Published on:
Jul/17/2015
Daily Fantasy Sports Sites: What Investors and Venture Capitalists Need to Know

In conjunction with your sister site DFS911.com, Gambling911.com is working to create the most authoritative, comprehensive and updated Daily Fantasy Sports review section for potential investors and venture capitalists along with would be business men and women hoping to dive feet first into this highly competitive industry.

“What we are finding is that the companies who were actively promoting last football season are either dead in the water or barely floating above it,” notes Payton O’Brien, Senior Editor of both sites.  “Most of these folks starting these sites are developers with limited marketing and/or business acumen we are finding.  The prettiest most ingenious DFS site in the world means nothing if there is no concept of liquidity and customer acquisition costs.”

And to preface this concept, Gambling911.com Friday morning featured a piece citing an early investor’s experience with the world of Daily Fantasy Sports.

The Gambling911.com/DFS911.com Daily Fantasy Sports Review section looks at key triggers such as a company’s online and offline presence, Search Engine Optimization (SEO), social media activity and public relations efforts.

“We had one Daily Fantasy Sports site offer a million dollar sponsorship contract to a certain controversial athlete after receiving a fresh injection of capital,” O’Brien underscored.  “That company received some decent exposure at the time.  Three months later, where are they?  Not a peep about that company.

“The Daily Fantasy Sports Review section will keep investors informed while ensuring operators are well-monitored,” she added. “All the gaming executives and venture capitalists read Gambling911.com religiously.  We were the first site Spring Owl head Jason Ader issued a statement to regarding the purchase of Bwin.party by 888.”

The section will also be entirely interactive.

“When an operator has some news for us or wish for DFS911.com to be made aware of funds held by the company, said operator or a representative should contact us and we will work to broadcast this information, provided it is not fraudulent.  This industry should be all about transparency.”

Check out the start of this project, which anticipates listing every company accepting cash-for-contests in the sector

- Jagajeet Chiba, Gambling911.com

 

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