BUSINESS

European Daily Fantasy Sports Outfit FanTeam Looking For Investors

TAGs: daily fantasy sports, dfs, FanTeam, Lee Davy

European Daily Fantasy Sports outfit FanTeam are looking for investors to further develop and expand a marketing strategy currently focused on the UK, Russia, Norway and Finland.

If you have some spare change and are looking to invest it in the world of Daily Fantasy Sports (DFS) then an offer has just landed through your letterbox.

European Daily Fantasy Sports Outfit FanTeam Looking For InvestorsFanTeam is a DFS company owned by Maltese company Scout LTD, subsequently owned by Norwegian and Swedish private companies and individuals. They currently offer products in the Finnish, Norwegian, Russian and UK markets. They hold a UK and Maltese license.

The company is welcoming new investors and will distribute shares on a first come first served basis. The cost of the shares will be communication as interest develops.

“We are opening up for new investors to further develop, and expand our marketing strategy. Furthermore, we are looking to invest in partnerships to continue our growth and strengthen our position as one of the top players in the European DFS-market,” said CEO Kristoffer Zvickell.

The idea for FanTeam emerged after their founder saw the acceleration of growth in the United States and believed a European market could be equally as buoyant.

The site currently offers action in 12 football leagues and two hockey leagues. FanTeam players can also create custom tournaments thanks to the uniqueness of the software, which was built from the ground up, and affords them flexibility in innovation.

FanTeam is also working hard to launch their first B2B partnership and white-label system. For more information regarding the investment opportunities, contact: Mr. Andreas Sundal, +4740850013, or email investment@fanteam.com.

In the summer, LegalSportsReport scribe, Marc Saba, ran with the headline: “There’s a Perfect Storm Brewing for European Daily Fantasy Sports.” In that piece, he pointed out that the European DFS market was ‘underdeveloped’, that there was a ‘reluctance’ for the big DFS guns to start blasting away on European soil, and there was ‘no real front-runner’ in the European market.

In the past month, DraftKings have altered that though by launching in the UK striking deals with Premier League clubs Arsenal, Liverpool, and Watford.

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