Fantasy Sports Industry News

Fantasy Sports Industry News

At Least 6 States Adopt Fantasy Sports Laws; 21 Others Don't

The daily fantasy sports industry notched some wins but failed to capture a majority of states after an all-out push this year to preserve its legality amid concerns the online games amount to illegal sports betting operations.

Submitted by Guest on, Jul/18/2016

Rob Gronkowski to Take Part in First Ever DraftKings ‘Fantasy Sports Fest’

DraftKings on Tuesday announced it will host the first ever “Fantasy Sports Fest” at Gillette Stadium this August (exact dates not immediately known at the time this was going to press). 

Submitted by Guest on, Jul/12/2016

Delaware DOJ Declares Daily Fantasy Sports Illegal in That State

Delaware DOJ Declares Daily Fantasy Sports Illegal in That State

The Delaware Department of Justice announced Friday that real cash Daily Fantasy Sports sites have officially been ordered to cease operations in that state. 

Submitted by Guest on, Jul/08/2016

Hargett Says Tennessee Ready to Enforce New Law Regulating Fantasy Sports Companies

A state agency has a new name and new rules to handle a General Assembly-passed law last session that legalized fantasy sports betting in Tennessee and regulates it

Submitted by Guest on, Jul/05/2016

Indiana to Legalize Daily Fantasy Sports

Indiana will become only the second state to specifically legalize Daily Fantasy Sports contests.

Submitted by Guest on, Jul/01/2016

NFL Commissioner’s NYS Assemblyman Cousin Says DFS is Gambling

NFL Commissioner Roger Goodell says that Daily Fantasy Sports is not gambling.  The league has entered into partnership deals with both FanDuel and DraftKings through its various franchises.

Submitted by Guest on, Jun/17/2016

FanDuel and DraftKings in Merger Talks

The two largest daily fantasy sports companies, FanDuel Inc. and DraftKings Inc., are in early-stage talks to merge, people familiar with the matter said on Monday, as the industry faces a crackdown by U.S. states over whether it runs illegal gambling.

Submitted by Guest on, Jun/13/2016

11 States Could Legalize Daily Fantasy Sports By Year’s End

11 States Could Legalize Daily Fantasy Sports By Year’s End

As many as 11 states may adopt regulations permitting and regulating daily fantasy sports by the end of the year, according to an analyst who closely tracks the issue.

Submitted by Guest on, May/31/2016

SportsLock.com The Latest Daily Fantasy Sports Site to Shut Down

  • Company to stop offering contests on Thursday May 26
  • SportsLock.com co-founder: ‘It ‘s so hard to be an independent operator right now”
  • Customers funds must be withdrawn by May 31
  • Some customers might not be aware of closure until they are ready to start playing again come Football season
Submitted by Guest on, May/25/2016

Ballr CEO: ‘Not Cool for a Brand to be Close to a Gambling Brand’

“It’s not cool for a brand to be close to a gambling brand. We are going down fan engagement; if we succeed in getting 50 million people to play our games, to connect with their friends through this special moment of time when they are watching live sport,” Ballr CEO Sam Jones says.

Submitted by Guest on, May/23/2016

FanDuel Future in Doubt, Auditors Warn

One of Britain’s biggest technology start-ups may not be able to survive the current crackdown on the Daily Fantasy Sports sector. 

Submitted by Guest on, May/15/2016

Daily Fantasy Sports: ‘Click Your Mouse, Lose Your House’, Synchronizing Great With Pornography

Professor claims Daily Fantasy contests are designed to seduce a youth market while utilizing similar marketing techniques as pornography.

Submitted by Guest on, May/13/2016

Anti-Virus Software Pioneer Sought in Murder of Neighbor Hired by Gaming, DFS Firm

Anti-Virus Software Pioneer Sought in Murder of Neighbor Hired by Gaming, DFS Firm

An eccentric multi-millionaire and US Presidential candidate has been hired to work for a social media gaming firm MGT, and his name is not Donald Trump.

John McAfee was best known for developing a popular anti-virus computer software but in recent years made headlines after authorities in Belize announced him as a person of interest in connection to the 2012 murder of his neighbor American expatriate Gregory Viant Faull.  

Submitted by Jagajeet Chiba on, May/12/2016

Congress Studying Daily Fantasy Sports at Federal Level Concludes

A hearing to determine a need for regulation of the Daily Fantasy Sports industry at the federal level took place May 11 in Washington, DC and concluded almost exactly a Noon Eastern Standard Time.

Submitted by Aaron Goldstein on, May/11/2016

Purdum: Expect Broader Conversation on US Sports Betting at Congressional Hearing on DFS

Wednesday’s scheduled Congressional hearing to deal with Daily Fantasy Sports contests will also encompass sports betting in general.

Submitted by Guest on, May/10/2016

‘Inside Amy Schumer’ Turns Table on Fantasy Sports Players: Real Athletes Mock Bedroom Prowess

Comedy Central’s “Inside Amy Schumer” featured a skit in which a group of NFL players turning the table and looking back at all of us silly Joe and Janes Fantasy Freaks who regular curse them out....

Submitted by Guest on, May/06/2016

RI Chief of Staff Negotiating DraftKings Legality as Wife Applied for VP Job There

RI Chief of Staff Negotiating DraftKings Legality as Wife Applied for VP Job There

Rhode Island Governor Gina Raimondo’s Chief of Staff Stephen Neuman had been negotiating legislation tied to the fate of Boston-based DraftKings at the very time his wife was interviewing for a job as Vice President of the Daily Fantasy Sports firm.

Submitted by Aaron Goldstein on, May/05/2016

Rico Action Against DerbyWars Horse Racing Fantasy Gaming Site Dismissed

A California federal judge on Monday dismissed three of the four causes of action in a civil lawsuit filed by tracks owned by The Stronach Group (TSG) against the online fantasy gaming site DerbyWars.

Submitted by C Costigan on, May/03/2016

Texas AG Wants DraftKings Lawsuit Moved or Dismissed: Claims DFS Illegal

Texas Attorney General Ken Paxton says he wants a lawsuit filed by DraftKings to be moved to another venue or dismissed entirely.

Submitted by Alistair Prescott on, May/02/2016

Daily Fantasy Sports Bill Signed by Tennessee Governor (Update)

Tennessee Governor Bill Haslam signed off on a bill that will make Daily Fantasy Sports in the state legal.

Submitted by Guest on, May/01/2016

Fantasy Sports Bill Clears in Colorado: Companies Will Have to Pay Fee

Colorado is closer to regulating fantasy online sports leagues.  A bill requiring fantasy-sports operators to register with the state passed the House 44-21 Monday.

Submitted by Guest on, Apr/25/2016

Fantasy Hub Founder on Closure: Investors Started Fleeing

Fantasy Hub Founder on Closure: Investors Started Fleeing

Fantasy Hub founder Steven Plappert finally broke his silence regarding the abrupt closure of his Louisville startup Daily Fantasy Sports company.

Submitted by Gilbert Horowitz on, Apr/22/2016

Fast Company: How FanDuel CEO is Fighting Back Against Detractors

Fast Company: How FanDuel CEO is Fighting Back Against Detractors

One of the best magazines on the planet, Fast Company, features an interview with FanDuel CEO Nigel Eccles in which he insists that his company will survive the regulatory pressure and government skepticism that has plagued the Daily Fantasy Sports sector for the past six months.

Submitted by Aaron Goldstein on, Apr/18/2016

Tony Romo Fantasy Football Event Moves to LA After NFL Threatens Players

DALLAS — (Associated Press) - Tony Romo is ready for another attempt at a fantasy football event that organizers say the NFL essentially nixed last year because of plans to hold the fan-centric activities in Las Vegas.

Ad: Open an Online Betting Account Today at Gambling911 Endorsed AceSportsbook.  Receive Hundreds of Dollars in Signup Bonuses Here

Submitted by Associated Press on, Apr/15/2016

House Hearing on Legality of Daily Fantasy Sports, Online Gambling Next Month

David Purdum of ESPN reported Thursday that the House of Representatives’ Subcommittee on Commerce, Manufacturing and Trade will hold a hearing on Wednesday, May 11 to consider the legal status of Daily Fantasy Sports, online gambling and sports betting.

Ad: Bet Live In-Play, Up to $2500 Free Cash at Bookmaker, Since 1986

Submitted by Aaron Goldstein on, Apr/14/2016

Strange: ‘FanDuel, DraftKings Illegal in Alabama’

You would think that the state of Alabama would have more to worry about than DraftKings and FanDuel in the wake of a scandal involving its Governor caught up in a messy extra-marital affair.

Ad: Open an Online Betting Account Today at Gambling911 Endorsed AceSportsbook.  Receive Hundreds of Dollars in Signup Bonuses Here

Attorney General Luther Strange released the following statement Tuesday:

Submitted by Aaron Goldstein on, Apr/06/2016

Connecticut One Step Closer to Regulating Daily Fantasy Sports

HARTFORD, Conn. (Associated Press) — Connecticut moved closer Thursday toward becoming the latest state to regulate the fast-growing online fantasy sports industry.

Ad: Bet Live In-Play, Up to $2500 Free Cash at Bookmaker, Since 1986

Submitted by Associated Press on, Mar/10/2016

G911 Owner Talks DFS Industry With DFSE Organizer Marc Lesnick

Review of the Daily Fantasy Sports Expo, that took place March 3-4, 2016 at the Deauville Beach Resort Miami. Chris Costigan (Publisher of Gambling911.com.) and Marc Lesnick (Conference Organizer) review the final panel as well as other elements of the industry.  Watch below.

Ad: Open an Online Betting Account Today at Gambling911 Endorsed AceSportsbook.  Receive Hundreds of Dollars in Signup Bonuses Here

Submitted by Payton on, Mar/10/2016

Virginia Becomes First State to Approve Fantasy Sports Specific Regulation

RICHMOND, Va. (Associated Press) -- Virginia has become the first state to approve legislation regulating the fast-growing but embattled online fantasy sports industry.

Ad: Open an Online Betting Account Today at Gambling911 Endorsed AceSportsbook.  Receive Hundreds of Dollars in Signup Bonuses Here

Submitted by Associated Press on, Mar/08/2016

Smaller DFS Sites Not Bothered by DraftKings, FanDuel

With Daily Fantasy Sports behemoths DraftKings and FanDuel pushing for steep state licensing fees, smaller DFS sites the likes of Statzup.com.

During last week’s closing panel of the Daily Fantasy Sports Expo in Miami Beach, moderated by Gambling911.com’s founder Chris Costigan, Statzup CFO Tamas Varga said sites like DraftKings and FanDuel help his own company.

Submitted by Aaron Goldstein on, Mar/07/2016

Breaking News

Online Bookie Tips: 3 Effective Ways To Acquire New Sports Bettors

Online Bookie Tips: 3 Effective Ways To Acquire New Sports Bettors

Pay per head agents looking to grow their bottom need more players. Sports betting is a competitive industry, be ready to offer what bettors want. Find out more.

Pay Per Head Tips: 11 Time Saving Book Balancing Tips

Pay Per Head Tips: 11 Time Saving Book Balancing Tips

Any business needs to know how to balance their books and making a profit. Sportsbooks are no different. Bookies should know these 11 book balancing tips.

Court Reinstates Convicted Mobster's 40-Year Sentence

Court Reinstates Convicted Mobster's 40-Year Sentence

The Second Circuit Court of Appeals ruled Thursday that U.S. District Judge Edward Korman overstepped his authority when he reduced sentence