Mark Cuban invests in DFS Analytics company
Dallas Mavericks owner Mark Cuban remains bullish on daily fantasy sports, despite the controversy surrounding the industry.
Daily fantasy sports analytics company Fantasy Labs announced Thursday that it has secured an investment from Cuban. The company provides subscribers with analytics, including player trends and Las Vegas odds, to develop and test models for creating fantasy lineups.
"The explosive growth of fantasy sports, and its involvement with new categories of competition like eSports, increases the need for high-end resources like the platform offered by Fantasy Labs," Cuban said in a release announcing the deal. "I'm excited to be involved with a company that is working to advance an industry that is poised for huge growth."
Terms of the deal were not disclosed.
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