Real Time Fantasy Sports Gobbles Up Fantasy City Sports
By: Derrick Eckardt | Categories: Acquistions, Baseball, Fantasy Football, Fantays City Sports, Real Time Fantasy Sports
In another example of fantasy sports industry consolidation, RealTime Fantasy Sports announced the acquisition of Fantasy City Sports. RealTime Fantasy Sports is one of the leading independent fantasy football sites out there, and the acquisition of Fantasy City Sports will help it grow its customer base.
According to its website, Fantasy City Sports has provided commissioner services to its clients since 1984, which would put them back into the pen and paper days, and one of the original sites. Fantasy City Sports owner Derek Olness said that the deal allows it customers to get “more flexibility in service options, including individual defensive players.” In other words, this purchase was probably more of a purchase of existing accounts, as Fantasy City Sports was either looking to get out of the fantasy industry, or other outside circumstances were causing Fantasy City Sports to need to leave the industry.
With literally hundreds of fantasy companies in existence, consolidation is inevitable. The value in this news is that it is important to remember that fantasy players are extremely loyal, and the once you have built a business with a loyal following, it creates real value in that business.
Congratulations to RT Sports and Fantasy City Sports on their new relationship.
Additional Resources
- RealTime Fantasy Sports Acquires Fantasy City Sports (Press Release)
