Curated News
By: NewsRamp Editorial Staff
July 09, 2024

Wire Industries, Inc. Expands with FantasyWire and Wire Media Group

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Source News Release

TLDR

  • Wire Industries expands into fantasy sports and gaming, creating new opportunities for market dominance.
  • FantasyWire and Wire Media Group operate independently under Wire Technologies, allowing for focused growth and strategic management.
  • The expansion of Wire Industries Inc. creates new opportunities for entertainment, engagement, and media content, enhancing consumer experiences.
  • The technology behind FantasyWire was nominated for Best Fantasy Innovation of 2024, offering exciting new possibilities in the world of fantasy sports.

Impact - Why it Matters

This news matters as it indicates a significant evolution in the real money gaming industry, allowing Wire Industries, Inc. to operate in the fantasy sports and gaming sectors independently of sports betting. The move also highlights the company's rapid growth and expansion into new gaming verticals, signaling potential opportunities for consumers and partners in the industry.

Summary

Wire Industries, Inc., a technology and media company, has announced the establishment of FantasyWire and the Wire Media Group as independent verticals. This move allows the company to operate fantasy sports products and other types of gaming independently of sports betting, while accelerating growth of its media and affiliate segments. FantasyWire is now a separate consumer brand operating side-by-side with WagerWire under the Wire Technologies umbrella, powering the first-ever DFS pick ‘em marketplace on RealTime Fantasy Sports (RTS). The Wire Media Group encompasses the company’s media network and affiliate marketing division, creating original content that has garnered attention from major media outlets such as ESPN, CNBC, USA Today, and the New York Post. The company is also building additional gaming verticals including PonyWire, ContestWire, and DataWire.

Source Statement

This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Wire Industries, Inc. Expands with FantasyWire and Wire Media Group

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