Real Madrid, Hotbox Sports Announce Deal To Launch Team-Based Fantasy Futbol Sports Game

MADRID - Dec. 16, 2014 - PRLog -- Hotbox Sports Ventures, a United States-based sports technology and content provider, has reached agreement with Real Madrid, one of the most storied clubs in global sports history, to offer a team-based entry-fee fantasy sports game. Hotbox Sports and Real Madrid will introduce a new style of fantasy sports gaming to its fans around the world, offering an entry-fee based game with attractive grand prize cash jackpots and a free-to-play version.

“Real Madrid is proud to announce this agreement for an innovative game which will challenge our most passionate fans,” said Rafael de lo Santos, Online Marketing Director for Real Madrid. “We look forward to working with Hotbox Sports, a leader in fantasy sports technology in the USA, to promote this new game as Real Madrid increases our social media outreach to our fans.”

The new fantasy gaming format will utilize Hotbox Sports Ventures' patented game formula and will be offered first as a ‘free-to-play” version which was launched today. Fans can access the games by visiting Real Madrid's team site http://www.realmadrid.com or directly via http://www.pickemrealmadrid.com.

The entry-fee game will launch January 10, 2015 and will result in a revenue-sharing agreement between Real Madrid and Hotbox Sports. Real Madrid fans in Spain, Latin America and the United States can participate, as the games are currently offered in both Spanish and English languages with plans to offer six additional languages to serve Real Madrid fans around the world for the 2015-16 season.

"Hotbox Sports is very honored to be working with Real Madrid on this innovative and challenging fantasy sports game," said Terry Lyons, Chief Marketing Officer and head of business development for Hotbox Sports Ventures. "Through our patented style of fantasy sports content, Hotbox Sports offers professional clubs, sports leagues, rights holders and media companies the ability to engage with their fans, online and via mobile, while creating new revenue streams with integrated sponsor activation opportunities."

To play the fantasy sports game, age-appropriate and eligible fans will use major credit cards to deposit an entry fee (Euros 3/5; US $5/10) to play. Participating fans, using their passion and knowledge of all aspects of their favorite team, the upcoming games and Real Madrid’s opponents, the game site, conditions and other skill-based factors, must determine and choose which of the next three matches their selected players have their best game from a statistical standpoint. For each entry, nine different players must be selected.

To win the $1,000,000 Grand Prize, the selected players must also be ranked 1-to-9, ranging from the player with the most fantasy points to the least. Points are awarded in a unique and detailed statistical formula for all players, including goalkeepers. Participants control their own fate, based on the players they choose and the specific game selected to be each players most productive statistical performance. (The simple stat formula and all game rules are available online).

The agreement with Real Madrid is another major announcement issued by Hotbox Sports Ventures in 2014. Previously, Hotbox Sports and the New Jersey Devils announced a sponsorship-based agreement to promote the first team-based, entry-fee fantasy sports game to feature a major North American sports club.

About Hotbox Sports Ventures:

Hotbox Sports Ventures Inc. ("HSV") is the largest developer of team-based fantasy sports contests individually created, white-labeled and licensed to major professional sports clubs, professional leagues or media companies based in the USA, Canada and internationally. HSV created and markets a patented technology platform that provides turn-key sports fantasy content and highly engaging contests that are made available to sports teams, clubs, leagues, federations, lottery providers and gaming institutions. All of HSV's products conform to European and US federal laws ("UIGEA") and ("PASPA") and can take entry fees online from all eligible jurisdictions worldwide. HSV works with European and North American-based professional sports clubs and a growing network of global operators and media companies to offer customized online products. HSV also has created and actively markets free-to-play games such as "Bracket Games," "Commissioner Style” Fantasy Leagues, (for major sports), "Team Fantasy Challenges" and other highly engaging, mobile and sponsor-friendly products. Founded in 2005, Hotbox Sports Ventures is a private, United States-based company with offices in Englewood, New Jersey, New York, Boston, Massachusetts, the US Virgin Islands and Madrid (Spain). For additional information, please visit: http://www.hotboxsports.com