iTEAM Gets Daily Fantasy Sports Brands Online Quickly
Five Partner Sites Deliver Thousands of Contest Entries Since Launch Wagerocity, Skill Draft, Sports Memo, Big Black & Amber Gaming Among First Partner Sites
Las Vegas, NV – September 23, 2015
iTEAM Network today announced the successful launch of its next generation Daily Fantasy Sports (DFS) white label desktop and mobile platform.
The Daily Fantasy Sports (DFS) industry is expected to grow to over $2B in annual revenues over the next five years. The iTEAM Network platform offers brands that want to expand into this booming market a fast, affordable, and secure way to get in on the action.
Five brands launched partner sites on the iTEAM Network since the beginning of football season. Those brands generated thousands of contest entries and nearly $50,000 in prizes.
The iTEAM Network platform is a turnkey DFS solution that eliminates many typical barriers to entry that brands may face in the daily fantasy industry. First, it solves the liquidity problem by pooling network players and prizepools, eliminating the need for each partner to invest tens of millions of dollars in advertising to reach critical mass on their own.
Next, iTEAM Network handles all customer service, payment processing, and technology upgrades. Additionally, partner sites are offered marketing support for customer retention and acquisition.
Finally, partners get a future-proofed platform that benefits from an exhaustive technology and user experience research process. iTEAM Network upgrades each partner’s unique website, Android, and iOS app, keeping the platform at the forefront of the technological curve.
“A Daily Fantasy Sports network is another great way for us to engage with our customers,” said Todd Rzepka of Wagerocity. “It deepens our brand integration and ability to monetize our relationships.”
“Poker players have proven to love playing daily fantasy sports,” said Jeff Amrein, CEO of Amber Gaming, whose social gaming property Hog Wild Poker launched as a partner site. “It was a no-brainer to offer our players a branded daily fantasy solution to compete in while they play in our virtual casino.”
The iTEAM Network is headed by Gabe Hunterton. Gabe has over 16 years of gaming industry experience at MGM Resorts (NYSE: MGM) and Galaxy Entertainment Group (HK:0027). He has served as Chief Operating Officer of StarWorld Hotel and Casino and Galaxy Macau Resort Casino.
“We built the iTEAM Network platform with two goals in mind,” said Gabe, “First, we wanted to create a platform where companies could participate in daily fantasy sports while keeping their brand relationship with their customers. Second, we wanted to establish a process that could get brands up quickly, often within weeks. What we’ve created makes joining the network an easy ‘yes’ for our partners.”