Yes, you can sign up for all events right now if you are an Indiana resident. I will give a shout out to Indiana for working with us on the license and allowing us to continue with our business as was before the law while we finalize this license. I'm told we should be licensed by July 1st, so book your Las Vegas plans and be ready to draft.Coltsfan wrote:Greg Ambrosius wrote:Next question please:
Can Indiana and Virginia residents play in the NFFC this year?
We are negotiating with both states now. We have been negotiating with Indiana for a while and are allowed to take Indiana registrations through July 1st as we continue negotiating this license. We hope to have a license by then. Virginia is currently exempt from Registration as we continue negotiating a license. We have every intent to be licensed by Virginia, but we just don't know how long this process will take and the state isn't giving a temporary license at this point.
We have a lot of reasons to work with each state to be licensed. Thankfully, we have a lot of different games already through the NFFC/NFBC, CDM Fantasy Sports, League Safe and Sports Technologies. All of those companies have been around a long time and we all have a long list of games we run. We hope to run even more as well. So we are bullish on the industry and want to be in as many states as legally possible.
Speaking about our family of games, it's fun to have game discussions, rules discussions with industry veterans like Charlie Wiegert, Rob Phythian and Paul Charchian. Those three and myself have all been recognized for our lengthy careers in the industry and for pioneering new products and games. So it's a company tailored just to the fantasy sports industry and with a lot of people with years of experience doing this. When we had a company gathering in April to talk about our upcoming products, it was damn exciting to have everyone in the same room knocking ideas around. You'll hear about some of them very soon.
So all is good. All in good time.
Okay, time to get off the couch and get some sleep. thanks for hearing me out and pop in some more questions when you have time. Tom and I are around to answer anything you have for us, even if it involves the Packers' shoddy defense. Just don't bring up Dom Capers if you direct that question to Tom!! Thanks all and happy drafting this season.
So I understand that Indiana can draft til July 1st. But can we sign up for the main events now and get the discount? The bigger question is can we go ahead and book our flights to Vegas?
Wayne
So the real question is why the hell are we paying these high state fees in Indiana and Virginia when other companies aren't? Again, the good thing with SportsHub is that we have multiple games and plan on adding more contests/companies in the future that spreads this expense across multiple products. It's not just CDM and NFFC/NFBC; Sports Technologies runs games for the NCCA, NFL, NCAA and other leagues. Consolidation allows you to do this and we think there is room for further growth. So it makes sense for us.
Virginia isn't done yet and we can't take signups while we finalize this license, but again I'm told that the hope we will be finalized this summer. Stay in touch with me if you are a Virginia resident and I'll let you know when we can get you in. Again, we have made the big jump there because we have enough games to make it work in Virginia.
Hope this helps. Thanks all and good luck this year.