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Games company retrenches

FanDuel scraps UK games in further setback

Nigel Eccles, CEO of Fanduel at the launch of the UK games (photo by Terry Murden)

Fantasy sports operator FanDuel has revealed further retrenchment by scrapping its UK-based games just a year after they were launched.

The company, hailed as one of Scotland’s unicorns, is focusing on its US businesses where last month it abandoned a planned merger with rival DraftKings.

Earlier this year Daily Business revealed that it had dropped plans to relocate and expand its operations in a newly-built office block in the prestigious Quartermile development in Edinburgh where it still employs 150 staff.

Confirming that it is pulling its UK games the company says on its website: “We hope to be back in the future, bringing you more of the games you love.”

FanDuel was launched in Edinburgh in 2009 by Nigel and Lesley Eccles and a group of friends. The couple have since moved to the US to deal withe legal and marketing issues.

It has yet to turn a profit and must now show it can succeed without the cost-savings that were part of the reason behind the merger plan.

Both companies have been drawn into long legal battles with regulators and state politicians over the legitimacy of the games which critics say contravene state laws on online gambling.

 

 

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