|
Nigel Eccles
Nigel Eccles is a technology entrepreneur currently serving as the CEO of the group chat company Flick. He is best known for being the co-founder and CEO of Hubdub and FanDuel. Career Nigel launched the online political prediction market Hubdub in 2007. He admitted that Hubdub "didn’t really have a good business model," which made him change the focus of the company. Hubdub later turned into FanDuel. Eccles co-founded the daily fantasy company FanDuel in 2009. Starting in 2016, he oversaw the planning of the merger between FanDuel and Draftkings. However, the Federal Trade Commission blocked the merger from taking place in 2017. In November 2017 Eccles left FanDuel to pursue a new venture in the esports industry. In January 2018, Eccles co-founded an Edinburgh-based video game and social streaming platform Flick. In May of 2020, Nigel Eccles worked with Scott Greenberg and Mike Kuchera to create StarStock, a website focused on buying and selling sports cards. In March of 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hubdub
Hubdub was a web-based prediction market in which players used virtual money to trade predictions on future events. Over time users built up a portfolio of live predictions across their chosen categories of interest such as politics, sport, entertainment, technology or other categories. Each player's performance was tracked allowing them to compete on leader boards which demonstrate their knowledge and expertise in their chosen category. Background Hubdub launched at the DEMO 08 technology conference on January, 28th 2008. Politics and sports tend to be the most active categories followed by technology and entertainment. Hubdub had a largely U.S. audience base which was evidenced by its mainly U.S. news content. On January 14, 2009, the company announced that it had taken on board venture capital funding of $1.2m from Pentech Ventures although there was still considerable speculation around what commercial model the company will pursue going forward. PunditWatch On June 4, 2008, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FanDuel
FanDuel Group is an American gambling company that offers sportsbook, daily fantasy sports, horse racing, and online casino. The company operates sportsbooks in a number of states including New Jersey, Pennsylvania, Indiana and West Virginia, as well as an online horse race betting platform, and a daily fantasy sports service. The company was originally founded as a daily fantasy sports provider, and principally competed with DraftKings. In May 2018, amid the widening legalization of sports betting in the United States, FanDuel agreed to merge with the U.S. operations of Irish bookmaker Paddy Power Betfair (now Flutter Entertainment) to form FanDuel Group. The acquisition sought to leverage the company's existing brand recognition and user base, with FanDuel becoming the company's main U.S. brand. History FanDuel was founded by Nigel Eccles, Lesley Eccles, Tom Griffiths, Rob Jones and Chris Stafford on July 21, 2009 in Edinburgh, Scotland, as a pivot from Hubdub, a news predictio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prediction Market
Prediction markets (also known as betting markets, information markets, decision markets, idea futures or event derivatives) are open markets where specific outcomes can be predicted using financial incentives. Essentially, they are exchange-traded markets created for the purpose of trading the outcome of events. The market prices can indicate what the crowd thinks the probability of the event is. A prediction market contract trades between 0 and 100%. The most common form of a prediction market is a binary option market, which will expire at the price of 0 or 100%. Prediction markets can be thought of as belonging to the more general concept of crowdsourcing which is specially designed to aggregate information on particular topics of interest. The main purposes of prediction markets are eliciting aggregating beliefs over an unknown future outcome. Traders with different beliefs trade on contracts whose payoffs are related to the unknown future outcome and the market prices of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daily Fantasy
Daily fantasy sports (DFS) are a subset of fantasy sport games. As with traditional fantasy sports games, players compete against others by building a team of professional athletes from a particular league or competition while remaining under a salary cap, and earn points based on the actual statistical performance of the players in real-world competitions. Daily fantasy sports are an accelerated variant of traditional fantasy sports that are conducted over short-term periods, such as a week or single day of competition, as opposed to those that are played across an entire season. Daily fantasy sports are typically structured in the form of paid competitions typically referred to as a "contest"; winners receive a share of a pre-determined pot funded by their entry fees. A portion of entry fee payments go to the provider as rake revenue. In the United States, the daily fantasy sports industry was dominated by two competing services: the New York-based FanDuel, and the Boston-based ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Draftkings
DraftKings is an American daily fantasy sports contest and sports betting company. The company allows users to enter daily and weekly fantasy sports–related contests and win money based on individual player performances in five major American sports (the MLB, the NHL, the NFL, the NBA and the PGA), Premier League and UEFA Champions League football, NASCAR auto racing, Canadian Football League, the XFL, mixed martial arts (MMA), Tennis, All Elite Wrestling (AEW), and WWE. DraftKings launched DraftKings Sportsbook in New Jersey. Since launching in New Jersey, DraftKings has opened mobile sports betting operations in Connecticut, Indiana, Pennsylvania, West Virginia and New Hampshire on December 30, 2019 after reaching contract with the New Hampshire Lottery. As of April 2016, the majority of U.S. states consider fantasy sports (including daily fantasy sports) a game of skill, rather than gambling.Bonesteel, Matt"NCAA athletes aren't allowed to play fantasy sports for money, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Trade Commission
The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) antitrust law and the promotion of consumer protection. The FTC shares jurisdiction over federal civil antitrust enforcement with the Department of Justice Antitrust Division. The agency is headquartered in the Federal Trade Commission Building in Washington, DC. The FTC was established in 1914 with the passage of the Federal Trade Commission Act, signed in response to the 19th-century monopolistic trust crisis. Since its inception, the FTC has enforced the provisions of the Clayton Act, a key antitrust statute, as well as the provisions of the FTC Act, et seq. Over time, the FTC has been delegated with the enforcement of additional business regulation statutes and has promulgated a number of regulations (codified in Title 16 of the Code of Federal Regulations). The broad statutory authority granted to the FTC provide ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Esports
Esports, short for electronic sports, is a form of competition using video games. Esports often takes the form of organized, multiplayer video game competitions, particularly between professional players, individually or as teams. Although organized competitions have long been a part of video game culture, these were largely between amateurs until the late 2000s, when participation by professional gamers and spectatorship in these events through live streaming saw a large surge in popularity. By the 2010s, esports was a significant factor in the video game industry, with many game developers actively designing and providing funding for tournaments and other events. The most common video game genres associated with esports are multiplayer online battle arena (MOBA), first-person shooter (FPS), fighting, card, battle royale and real-time strategy (RTS) games. Popular esports franchises include ''League of Legends'', ''Dota'', ''Counter-Strike'', ''Valorant'', ''Overwatch'', ''Str ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andreesen Horowitz
Andreessen Horowitz (also called a16z, legal name AH Capital Management, LLC) is a private American venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California. Andreessen Horowitz invests in both early-stage start-ups and established growth companies. Its investments span the mobile, cryptocurrency, gaming, social, e-commerce, education and enterprise IT (including cloud computing, security, and software as a service) industries. Founding and partnering Between 2006 and 2010, Marc Andreessen and Ben Horowitz actively invested in technology companies. Separately, and together, they invested $4 million in 45 start-ups including Twitter. During this time, the two became known as "super angel" investors. On July 6, 2009, Andreessen and Horowitz launched their venture capital fund with an initial capitalization of $300 million. In November 2010, at a time when the field of venture capitalism was contracting, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Atlanta Hawks
The Atlanta Hawks are an American professional basketball team based in Atlanta. The Hawks compete in the National Basketball Association (NBA) as a member of the league's Eastern Conference (NBA), Eastern Conference Southeast Division (NBA), Southeast Division. The team plays its home games at State Farm Arena. The team's origins can be traced to the establishment of the Buffalo Bisons in 1946 in Buffalo, New York, a member of the National Basketball League (United States), National Basketball League (NBL) owned by Ben Kerner and Leo Ferris. After 38 days in Buffalo, the team moved to Moline, Illinois, where they were renamed the Tri-Cities Blackhawks. In 1949, they joined the NBA as part of the merger between the NBL and the Basketball Association of America (BAA), and briefly had Red Auerbach as coach. In 1951, Kerner moved the team to Milwaukee, where they changed their name to the Milwaukee Hawks. Kerner and the team moved again in 1955 to St. Louis, where they won their only ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trae Young
Rayford Trae Young (born September 19, 1998) is an American professional basketball player for the Atlanta Hawks of the National Basketball Association (NBA). He played college basketball for the Oklahoma Sooners. In 2017, he tied the then-record in National Collegiate Athletic Association (NCAA) Division I single-game assists with 22. Young became the only player to ever lead the NCAA in both points and assists in a single season. Nicknamed "Ice Trae", he was drafted by the Dallas Mavericks in the 2018 NBA draft with the fifth pick, and later traded to the Atlanta Hawks, along with a future first-round pick, for the draft rights to Luka Dončić. He joined Dončić in a unanimous selection to the 2019 NBA All-Rookie First Team. He is a two-time NBA All-Star. Early life Born in Lubbock, Texas, Trae is the son of Candice and Rayford Young, who played basketball at Texas Tech and professionally in Europe. He has a younger brother, Tim, and two younger sisters, Caitlyn and Camry ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Year Of Birth Missing (living People)
A year or annus is the orbital period of a planetary body, for example, the Earth, moving in its orbit around the Sun. Due to the Earth's axial tilt, the course of a year sees the passing of the seasons, marked by change in weather, the hours of daylight, and, consequently, vegetation and soil fertility. In temperate and subpolar regions around the planet, four seasons are generally recognized: spring, summer, autumn and winter. In tropical and subtropical regions, several geographical sectors do not present defined seasons; but in the seasonal tropics, the annual wet and dry seasons are recognized and tracked. A calendar year is an approximation of the number of days of the Earth's orbital period, as counted in a given calendar. The Gregorian calendar, or modern calendar, presents its calendar year to be either a common year of 365 days or a leap year of 366 days, as do the Julian calendars. For the Gregorian calendar, the average length of the calendar year (the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.jpg "Click for more on -> Federal Trade Commission")
