MGT Launch Daily Fantasy Sports Betting On Facebook
Another daily fantasy sports wagering platform had been launched by MGT Capital Investment. MGT are the owners of the third largest daily fantasy sports platform DraftDay.com and also operate real money and free-to-play online and mobile gaming sites.
They have just launched their free-to-play Daily Fantasy Legend which is a Facebook based fantasy sports betting platform that is available to anyone over the age of 13. Users will be able to draft athletes from major professional sports rosters as well as get to partake in daily tournaments.
Daily Fantasy Legend plan on cashing in by allowing players to purchase virtual currency which will give them higher stakes contests. Of course MGT is looking to create a so called player base of social free-to-play players who would be the ideal base to convert to the real money option where it is legal to do so. Of course this strategy is controversial particularly due to the fact that players over the age of 13 are legally permitted to play Daily Fantasy Legend.
Chief Executive Officer of MGT commented on the launch,” We are already the clear #3 in the space with our cash gaming offering, DraftDay.com, and have twice the variety of contest types as our competition. Merging this expert technology platform with the social power of Facebook opens new doors for potential partners and sponsorships, as well as allowing new players to experience our great technology and have some real fun.”