Yahoo! Set to Acquire Major League Gaming

Yahoo! Are set to enter the Daily Fantasy eSports business with the proposed acquisition of the New York-based eSports outfit Major League Gaming.

Technology yeti Yahoo! is scheduled to move into the burgeoning eSports industry with the likely acquisition of the professional eSports organization Major League Gaming (MLG).

Numerous press reports suggest Yahoo! is buying the New York-based eSports team for an undisclosed sum. Yahoo! entered the Daily Fantasy Sports (DFS) market in July. You can currently post bets on the NFL, MLB, NHL and NBA. You can expect to see eSports added to that list once the acquisition goes through.

Yahoo! Daily Fantasy Sports jostles for market share alongside FanDuel and DraftKings. In September, FanDuel merged with the California-based outfit AlphaDraft, so they could start offering DFS products in the eSports arena. The merger came a day after DraftKings also announced plans to provide an eSports product.