ONLINE NEWS
with iSoftBet R
ealistic Games has entered into a distribution agreement with iSoftBet. Under the deal, iSoftBet will offer games from Realistic on its Game Aggregation Platform (GAP). Content will include a range of titles, including new releases ‘Fireworks’ and ‘The Fruit Factory’, as well as multi-channel table games. iSoftBet will also offer new games that are due to be released this month across desktop, mobile and tablet platforms. “iSoftBet have an impressive reach in regulated European markets as well as further
Paysafe acquires Realistic pens deal Income Access
afield, and I’m sure their customers will benefit from having access to our portfolio of games,” Realistic chief executive Andy Harris said. Michael Probert, head of business
development at iSoftBet, added: “Realistic have got a formidable reputation for producing games that not only look great but perform very strongly. I’m positive that they will quickly become some of the most popular games we offer and I think our customers will benefit greatly from them being added to our comprehensive range of both third party and in- house content.”
P
aysafe has announced that it is expanding its product capabilities by acquiring Income Access Group for a cash consideration of CAD$40m (approximately US$30m). Income Access is a market-leading brand providing
innovative affiliate technology for businesses to manage their performance marketing programmes. In addition, more than 25,000 affiliates use the company’s multi- channel software for their marketing campaigns. Income Access was founded in 2002 and is based in Montreal with employees in Vancouver, London and Brisbane. Paysafe President and Chief Executive Officer Joel Leonoff said: “By adding Income Access’s affiliate technology to our product suite alongside our Skrill and NETELLER brands and deepening our merchant relationships, this transaction delivers on Paysafe’s strategic objectives to provide relevant payment solutions that serve the evolving needs of our merchants.”
DraftKings generates $153m additional funding D
aily fantasy sports (DFS) operator DraftKings has raised $153 million (137 million Euro) through a new
venture capital filing. According to financial news website
Fortune, new investors in the firm include Revolution Growth, an investment vehicle co- founded by Ted Leonsis, the owner of NHL ice hockey franchise the Washington Capitals and NBA basketball team the Washington Wizards. Steve Murray, a partner at Revolution, will join the DraftKings board of directors as part of the funding arrangement.
Although full financial details of the agreement have not been disclosed, various sources have said that the funding values DraftKings at significantly less than the $2 billion that was quoted following another funding round in the summer of 2015. Revolution will now joins existing
82 SEPTEMBER 2016
DraftKings investors such as Robert Kraft and Jerry Jones, the owners of the New England Patriots and Dallas Cowboys NFL American football franchises, respectively, and Major League Baseball, which has a small equity stake in the operator.
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