B2B daily fantasy sports (DFS) software supplier iTEAM Network has acquired the insolvent FantasyUp.com site, with the brand to be relaunched on the iTEAM platform and all money owed to existing players paid out.

iTEAM has taken charge of the DFS operator around a month after it announced that it was shutting down, with its owners unable to fund operations. It claimed to lack the funds to even process customer withdrawals, having failed to secure additional investment.

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