BOSTON--(BUSINESS WIRE)--LeagueSafe, Inc. and DraftKings, Inc. today announced an industry first partnership in the fantasy sports space. LeagueSafe has named DraftKings their exclusive daily fantasy sports provider. Through this partnership, LeagueSafe customers can seamlessly deposit on DraftKings via the LeagueSafe website, allowing LeagueSafe's season-long customers quick and easy access to continuous fantasy sports play through DraftKings’ daily fantasy games.
Founded in 2008 by Fantasy Sports Trade Association president and fantasy sports hall of fame inductee Paul Charchian, LeagueSafe is the premier provider of escrow services for season-long leagues. The partnership with DraftKings furthers their commitment to provide value-added services to their customer base. LeagueSafe estimates that it has captured 99% of the fantasy sports escrow market.
DraftKings exploded onto the scene in 2011, and is now the #2 provider of daily fantasy sports. As a result of their unprecedented growth, they just announced their Fantasy Football Millionaire contest, where one talented fantasy sports player will win a $1 million grand prize, the highest ever to be granted in the sector. The partnership with LeagueSafe expands their marketing reach, exposing ingrained season-long players to the virtues of daily fantasy.
“As part of our ongoing strategy to increase awareness of daily fantasy amongst season-long players, we are extremely excited about this partnership with LeagueSafe. Their commitment to excellence is evident. This union is a meaningful step in integrating what can seem like two sides of the fantasy sports world into one consumer expectation of a fantasy sports experience,” said Anthony Pitts, head of marketing at DraftKings.
“LeagueSafe was looking for a quality partner and elite provider of daily fantasy sports and found that in DraftKings. Our customer base is oriented toward competition and is always looking for new ways to play the games they love. LeagueSafe is committed to maximizing their opportunities,” said Paul Charchian, CEO and founder of LeagueSafe and president of the Fantasy Sports Trade Association (FSTA).
About LeagueSafe, Inc.
Founded by fantasy sports industry veteran Paul Charchian, LeagueSafe streamlines and simplifies the financial aspects of fantasy sports leagues. LeagueSafe is a free service that eases the organizational burden on fantasy sports commissioners and provides all league participants the convenience of secure online payment options. At the end of the fantasy season, prize winners have several different ways of withdrawing their winnings in accordance with league rules. LeagueSafe's majority owner is Paul Charchian, a 15-year veteran of the fantasy sports industry. Charchian co-founded Fanball.com and Fantasy Football Weekly in 1993 and turned it into one of the most successful pure play fantasy web sites in the world before leaving to focus on the development of LeagueSafe. He is heard throughout the Upper Midwest on the Fan Radio Network and regularly appears on Fox Sports Radio and ESPN television.
About DraftKings, Inc.
Launched in April 2012, Boston-based DraftKings is the online gaming destination where players engage in daily fantasy sports competitions across fantasy baseball, fantasy football, fantasy basketball, and fantasy hockey. DraftKings offers free and pay contests every day that pay cash prizes. All games are structured under salary cap format, and new contests are offered every day with instantaneous payouts. For more information, visit us at www.draftkings.com; like us at www.facebook.com/draftkings and follow us at www.twitter.com/draftkings.