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Trusted Multi-Vertical Gaming Site Agrees to Rescue Players Abandoned by Shuttered Website
SAN FRANCISCO, Sept. 25, 2013 /PRNewswire/ -- On the heels of launching FanEx Sports, a new hub for daily fantasy sports contests, BetAmerica.com announces a deal with Fantazzle, a recently shuttered daily fantasy sports website, to match lost player balances.
As a trusted website for horse and greyhound wagering that's paid out over $100 million to customers since 2007, BetAmerica's entry into daily fantasy sports infuses a much-needed level of confidence into an emerging, yet apprehensive industry. With this deal, BetAmerica will invite more than 18,000 former Fantazzle players to join the more dependable and secure BetAmerica site, where BetAmerica will fund lost Fantazzle account balances.
"All too often, trust and security are overlooked in the daily fantasy sports industry. Fantazzle is a perfect example of a site that closed, abandoning more than 1,200 outstanding player balances, and taking with them players' confidence in the industry. It's our hope we can regain their confidence," said John Ford, Chief Executive Officer for BAM Software, which powers BetAmerica.com.
"As a brand that's helped support the online horse and greyhound racing industry with trust and security, it's our goal to establish greater credibility for the daily fantasy sports industry. All customer deposits at BetAmerica are held in segregated bank accounts, meaning customers' money is 100 percent safe and secure," continued Ford.
With last week's launch of FanEx Sports, BetAmerica became the first legal, multi-vertical, real money gaming site in the U.S. Currently, the site allows players to compete in free and paid NFL and MLB contests, and will add NBA and additional sports in the coming months.
Previous Fantazzle customers can obtain more information by visiting: www.betamerica.com/fantazzle.
BetAmerica is a legal, real-money gaming website offering horse racing, greyhound wagering and daily fantasy sports contests. BetAmerica believes that, regardless of expertise, fantasy contests should be fun and easy enough for anyone to play. The site's incorporation of FanEx Sports brings a new brand of daily fantasy contests that reach a variety of players online. BetAmerica continues to serve as a trusted resource for online horse and greyhound wagering, and this marks the start of being the pre-eminent destination for nationwide legal real money online gaming in the U.S.
Fantasy contests are legal activities under the 2006 Unlawful Internet Gaming Enforcement Act. BetAmerica does not offer fantasy sports games in Arizona, Illinois, Iowa, Louisiana, Montana, North Dakota, Oregon, Puerto Rico, Vermont and Washington. Players must be 18 years of age or older to compete.
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