Weekly Web Wrap-Up

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Welcome to Sheppard Mullin’s Weekly Web Wrap-Up, a quick list of the past week’s top news in the social media, gaming, and virtual goods and currencies industries curated by Social Media & Games Team.  Here are some of the stories that we’ve been reading:

The Cheapest Way to Experience VR Heads to Europe

Google Cardboard—Google’s DIY VR Headset—is finally available to buy in the UK, France, Germany, and Canada.  You can pick one up for yourself from Google’s official store.

Congressional Hearing on Daily Fantasy Sports Raised More Questions Than Answers

This week, the House Subcommittee on Commerce, Manufacturing, and Trade held its first-ever hearing on daily fantasy sports.  The purpose of the informational session was to consider whether or not the federal government should have a role in regulating daily fantasy sports.  After lots of speculation, here are the takeaways.  You can also watch the hearing here.

DraftKings Enhances UK Payment Options with Paysafe

DraftKings customers in the UK will now be able to fund their accounts with debit and credit cards.  Paysafe will be the exclusive debit and credit card processor for DraftKings UK.

Activision Brings Live E-Sports to Facebook

Video-game giant Activision Blizzard is teaming up with Facebook to deliver live eSports tournament coverage on the social-media service worldwide.  The new eSports network will launch during the MLG Anaheim Open, a two-day “Call of Duty: Black Ops III” tournament that kicks off June 10, 2016.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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