iGB Affiliate 65 Oct/Nov | Page 48

INSIGHT NOW IS THE TIME TO APPRECIATE DAILY FANTASY SPORTS AGAIN The relationship between daily fantasy sports and affiliates is going through a rocky patch, says James Pope of Fanto Gaming, but there could be huge rewards for those backing a reconciliation EYES MEET ACROSS A CROWDED ROOM. There is a spark and a moment. I imagine this is how it all started in the early noughties with online poker and affiliates: a match made in heaven, expected to stand the course of time. After all, aren’t poker sites and affiliates perfect bedfellows, only ever going from strength to strength? Sadly, not all relationships are quite so Hollywood. Just as in some marriages, there are bumps in the road, some divorces and many issues to work on to find common ground. Daily fantasy sports (DFS) and affiliates are most certainly currently in marriage counselling. They are wondering if they ever actually liked each other in the first place. For the time being DFS cannot even get itself a Tinder date: it doesn’t even register on any affiliate’s radar. Outside of the two big US operators you would struggle to find an example of any DFS programmes and affiliates working together with any level of significance. I recently attended the affiliates’ conference in Amsterdam and not a single talk was offered for DFS. Is fantasy sports as a concept really that bad a proposition? For me the answer is a resounding no. For the time being it is just a bit of an ugly duckling — and we all know how that turns out! 44 iGB Affiliate Issue 65 OCT/NOV 2017 Without much further ado, let’s take the three biggest concerns/complaints/ untruths that affiliates have with DFS. Then let’s challenge them and see if some bridges can start to be built. Affiliate concern 1: Not in vogue DFS has had a rough time of it recently. Only 18 months ago US$400m (£300m) of venture capitalist money was being pumped into the market. Was this another gold rush? You would think It didn’t stop the public associating risks with Toyota cars and they are still recovering from this misunderstanding. DFS is still reeling from uncertainty created by the big two. Affiliates and igaming are wary because of all the bad press, but does this mean there is a lack of good companies with a solid strategy to be worked with out there? Scratch the surface and you will find some nice little gems with a unique proposition in both the mass market and niche areas. “You will find some nice little gems with a unique proposition in both the mass market and niche areas” so with the number of new products entering the market. Sadly, the bubble burst following some dubious activities and storm clouds have been growing ever since. No one wants to go on holiday where it rains. And why does bad press matter? Let’s share the story of Toyota recalling 5.2m cars in January 2010 as a precautionary measure after an increased number of accidents. It turned out that the cars were no less safe than any other, just plagued by an unfortunate number of bad drivers creating a statistical anomaly. Affiliate concern 2: Volume and scale An affiliate’s dream. Volume and scale. A rising tide lifts all ships: a concept in high demand makes converting incoming traffic simple for the operators — and like shooting fish in a barrel for affiliates. Sadly, ‘build it and they will come’ has not yet really happened and instead DFS is more like A Tale of Two Cities (“It is the best of times and the worst of times”). The US market speaks for itself and as a proxy gambling option in the US DFS affords significant opportunities.