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Scottish tech 'unicorn' FanDuel is finally going to launch its fantasy sports platform in the UK

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Dana Millard
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Gilham/Getty Images FanDuel, a one-day fantasy sports startup founded in Edinburgh,

is planning to launch its platform in the UK this summer.

The company - valued at over a billion dollars, thereby making it

a "unicorn" - allows people to create fantasy NFL American

football , MLB baseball , NBA basketball , and NHL hockey

teams and enter them into leagues where they can win cash prizes.

But FanDuel, founded in 2009, has been slow to launch a product

that caters to its home market of the UK.

"We're launching this year in the UK," said FanDuel cofounder

Lesley Eccles at The Europas tech conference in London on

Tuesday.

FanDuel is planning to launch a football or soccer version of

its platform in the UK this August, just in time for the launch

of the Barclays Premier League 2016/2017 season.

Details on how a Premier League version of FanDuel might work are

scarce right now but it's likely that it would allow Premier

League fans to pay to create fantasy teams that they can enter

into a league with friends and/or other FanDuel users with the

potential to win money Eccles declined to comment on the rumours that

FanDuel is about to merge with rival DraftKings.NOW WATCH: This is how you're compromising your identity on FacebookLoading video...

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