No Merger for Fantasy Aces

Last week it was a done deal. Fantasy Drafts, one of the younger fantasy portals and provider of DFS have agreed to purchase Fantasy Aces and thus create a new DFS company able to compete with the announced DFS giant that is to be created when Draft King and FanDuel merger realizes. However, the epilogue was quite unexpected and it happened only a few days after Fantasy Aces officially announced the acquisition. Fantasy Draft decided not to follow through with the deal.

Many DFS companies are looking to merge their assets in order to tackle the high costs of operation and attract more players to a single website instead of competing with each other. As a result of this last year we saw the merger of two biggest DFS companies FanDuel and Draft King, as they decided to join forces instead of competing with each other. Being that these two were the leading players on the market, the newly formed company is expected to be the DFS leading operator. However, the rest of the DFS operator are strongly contending for the second place and apparently following the example of the mentioned two companies.

Fantasy Draft have came close to signing an acquisition deal under which they would purchase the players database of Fantasy Aces, a DFS provider that have already merged with Fantasy Feud earlier this year. This meant that three providers would form one and cover a larger number of players than they would have been able to attract separately.

On January 25th Fantasy Aces have frozen the activity, as well as user accounts on their website for the purposes of merging and transition of players’ accounts. It was stated on Fantasy Aces website and the process was expected to be finalized in 3-5 days. All was being arranged to make the smoothest transition possible for the players. In the case of players who had accounts on both websites, their credits would be transferred to Fantasy Draft account, while in the case of players who only had account on Fantasy Aces, a new Fantasy Draft would be opened for them. Everything seemed to be going as planned and the statements from both sides spoke about the benefits of the merger.

A few days later, an unexpected twist happens. Fantasy Draft announces that they are “unable” to continue with the merging process. Here’s the full statement announced on their website and media channels:

“Unfortunately, because of issues identified during our due diligence, we are unable to purchase the assets of FantasyAces. We will continue to provide the best possible daily fantasy experience for our users, and are committed as always to putting our Players First.”

As for Fantasy Aces, all you can see on their website is the following message: “An update coming shortly, please stand by.” This means that the user accounts are still frozen as well as their funds. There are no comments from the Fantasy Aces team.

Just like online casinos, fantasy sports portals need to be chosen carefully so you don’t find yourself with frozen funds or worse. As always check our Gambling Directory for the best fantasy sites, bingo rooms, online casinos and online poker rooms.

Play Fantasy Sports Daily

WebPlay Fantasy Sports Dailysite: http://www.playfantasysportsdaily.com

Listed in: Fantasy Portals

Contact: admin@playfantasysportsdaily.com

Launched: 2014

Accolades: GPWA Approved Portal

Play Fantasy Sports Daily is an online portal dedicated to online fantasy sports. On the website you will find reviews for the best fantasy websites which include bonus details, contests offered, banking details and more. Also find hints and tips on playing fantasy sports as well as free fantasy picks. Whether you are new to fantasy sports or a seasoned veteran, you will find some valuable information on this website.

Play Fantasy Sports Daily Features

Play Fantasy Sports Daily offers a great amount of information regarding the popular fantasy sports industry. You can find reviews for the top fantasy sports websites which include everything you need to know before choosing a place to play online. In the reviews see the sports and contests offered, the bonuses you can claim when signing up and making a deposit, how to deposit and make withdraws as well as other information regarding the different websites. If you are looking for a fantasy sports website to play at, the reviews at Play Fantasy Sports Daily offer great information to help you make an informed decision on where to play.

A very popular section of the website is their free picks. If you are wondering what other fantasy sports players are choosing as their players, read articles from several different fantasy analysts who share their picks for upcoming events and also explain why they have chosen the players they have. It is great resource to get a different perspective on the games you are thinking of playing and if you need a little help choosing your starting lineup, you can use their picks or a combination of the different analysts picks for hopefully a successful contest. The picks are completely free and just a perk of visiting the website.

If you are new to playing fantasy sports, you can find several great articles giving tips and hints on how to play and how to be a successful fantasy player. Play Fantasy Sports Daily adds new articles on a regular basis so it is a god idea to check the website often.

Whether you are new to fantasy sports or have been playing for years, Play Fantasy Sports Daily is a great resource for anyone who wants to play fantasy sports for real money and be successful. See the website at http://www.playfantasysportsdaily.com to get started in one of the fastest growing industries in the online gaming world.

See a listing of other Fantasy Portals in our Gambling Directory.

Fantasy Sports Portal Added

With fantasy sports becoming as popular as it has, we have decided to add a Fantasy Sports Portals page here on eGamblingPortals. While many claim fantasy sports play is not gambling, and it did receive an exception from the UIGEA, it is still wagering money in hopes of winning a cash prize. We think Fantasy Sports is a good fit with the other categories we include and if you run or manage a fantasy sports website get it added here in our Gambling Directory.

Just like casinos, poker rooms and sportsbooks, we can add your fantasy sports portal and have a page dedicated to a review of your website to give visitors an idea what your website covers. In doing so you will receive a direct link to your homepage as well as a link to another popular page of your choice if you desire. By being listed here on eGamblingPortals you not only gain some SEO benefits but also will receive some direct traffic from our website visitors.

If you are a fantasy sports player, check out the websites listed in our Fantasy Portals section. The websites listed provide reviews of Fantasy Sports Websites, give hints and tips on how to be a successful fantasy player as well as offer free picks for popular games and tournaments. Whether you already have played in some fantasy contests or are completely new to fantasy sports, you can find some great information in our listed websites.

Fantasy Sports and in particlular Daily Fantasy Sports play has been growing tremendously in last few months. It actually reminds me of the online poker boom which took place after Chris Moneymaker won the World Series of Poker after winning an entry online at Poker Stars. Fantasy play still has a lot of room to grow as many people who have never played before are signing up everyday. With the NFL now in full swing, this is the time of year when the fantasy sports industry will see the biggest growth.

If you have not tried playing fantasy sports yet but have been giving it some thought, check out the websites listed here at eGamblingPortals. If you own or run a fantasy sports website be sure to Get Your Website Listed so more fantasy players can enjoy your website.