The DraftKings of e-sports just laid off a quarter of its staff

Last spring,Vulcun raised $12 millionto build a product for a small but growing aspect of online gaming called fantasy e-sports.It allows players to bet on competitions for video games likeLeague of LegendsandDota 2in a manner similar to sites like DraftKings and FanDuel, which let players bet on traditional sports. ButDraftKings and FanDuel have now been accused of operating illegally, threatening their continued existence, and Vulcun may have have been caught in the fallout. The company today laid off 14 people from 55-member staff, or about 25 percent.

Read more at The Verge >>>

About MCV Staff

Check Also

MeetToMatch redesigns in order to help to discover new games

"So to make sure everybody can still find all the functions they are used to, we have decided to gradually implement the new design. In the coming months we will ease our users into the new and improved platform.”