MGT Capital Investments Inc. to Launch Social Fantasy Sports Game

U.S. MGT Capital Investments Inc. (MGT) prepares to launch its first social daily fantasy sports game on Facebook. Daily Fantasy Legend (DFL) will be free to access for anyone aged 13 and over with an active Facebook account. Users will have the ability to create fantasy teams with real athletes to go up against teams created by other players in order to score points. Available sports include college football, plus professional basketball, hockey, baseball and golf. "Social games are a key entertainment activity for millions of people online and MGT is first to market with the introduction of a full-scale social daily fantasy sports site," said Robert Ladd, Chief Executive Officer of MGT. "Our experience with operating the 3rd largest daily fantasy sports wagering platform, DraftDay, has enabled us to take this innovate step, and we believe Daily Fantasy Legend will broaden the market of DFS players and further contribute to the already explosive growth of the sector." Currently in the beta testing phase, MGT plans to fully launch the game in November 2014.