- Business
- Fantasy Aces Daily Fantasy Sports Corp. (FASDF) operates as a digital entertainment company in the daily fantasy sports sector. The company provides skill-based fantasy sports games through its platform FantasyAces.com, offering daily and weekly contests for real money across major North American leagues including the National Football League (NFL), National Basketball Association (NBA), National Hockey League (NHL), Major League Baseball (MLB), College Football, and Professional Golfers' Association (PGA); users draft teams from actual player rosters to compete in categories such as points scored, yards gained, goals, assists, or home runs. It also focuses on social media integration and advertising services to support its gaming ecosystem.
Founded in 1997 and headquartered in Aliso Viejo, California, with prior addresses at 120 Vantis Suite 300, the company previously traded on the TSX Venture Exchange under FAS before moving to OTC markets; it primarily served customers in the United States. Fantasy Aces targets sports enthusiasts seeking short-term, competitive fantasy experiences distinct from season-long formats.
Notable past developments include a name change from DraftTeam Daily Fantasy Sports Corp. and a 2016 binding letter of intent followed by completion of an asset acquisition of Fantasy Feud Inc.'s user base, enhancing its player community ahead of U.S. OTCQB trading commencement. The company filed for Chapter 7 bankruptcy liquidation in January 2017 in the U.S. Bankruptcy Court for the Central District of California, listing approximately $1.8 million in assets and $3 million in liabilities after a failed acquisition by FantasyDraft LLC; operations ceased at that time with player account sales approved. No significant activity, funding, or strategic changes appear post-2020, with the ticker reflecting negligible trading volume and market cap under $1,000 as of 2025.