Fantasy Sports Industry News

Fantasy Sports Industry News

No Need to Panic Over Daily Fantasy Sports Congressional Scrutiny Says Expert

An industry expert laughed off concerns over efforts by New Jersey Congressman Frank Pallone’s attempt to study Daily Fantasy Sports and their relationship to the four professional leagues.

Joe Brennan, Jr., an industry expert who himself will be launching a new DFS site based in London, England, Fast Fantasy, pointed to efforts by certain politicians to stop legalized online poker in the U.S.

Brennan, Jr. tweeted last week:

Submitted by Aaron Goldstein on, Sep/21/2015

Daily Fantasy Sports for Suckers Research Suggests

Gambling911.com sister site DFS911.com Monday reports on how a series of research determined that Daily Fantasy Sports are not what they are cracked up to be.

A paywalled survey of 1,400 DFS players that Eilers Research shared with Tech Insider shows that 70% of Daily Fantasy Sports players actually reported losing money.

Submitted by Don Shapiro on, Sep/21/2015

Lawmakers Look to Determine Legality of Daily Fantasy Sports in Florida

TALLAHASSEE (Associated Press) -- As the NFL season kicks off, another big contest may be soon be played in the halls of the Florida Capitol.

The growing fantasy sports industry, which is already subjecting television viewers to a barrage of wall-to-wall advertising with the new football season, is now setting its sights on getting the blessings of the Republican-controlled Florida Legislature.

Submitted by Associated Press on, Sep/15/2015

Congressman May Want to Stick It to Leagues With Daily Fantasy Sports Study

So finally Congress has decided to act on the explosive world of Daily Fantasy Sports, though most experts agree they are probably a bit too late to act.

After all, millions of dollars has been pumped into the industry from many of the major sports leagues, ESPN and a number of millionaire investors.

On Monday it was announced that Democratic congressman Frank Pallone Jr. of New Jersey would like to have a Congressional committee take a look at the connection between fantasy sports and gambling.

Submitted by Aaron Goldstein on, Sep/14/2015

Who Has The Best Daily Fantasy Sports Software for Operators?

With so many Daily Fantasy Sports (or DFS) sites popping up, we here at Gambling911.com wondered which company offered the best Daily Fantasy software.

We’ve heard of DraftKings and FanDuel but when it comes to the actual software backend, Rochester, New York-based Star Fantasy Leagues is one of the first - and many would argue, one of the best - on the market today.

We recently had a chance to sit down with Seth Young, Chief Operating Officer of Star Fantasy Leagues, who was very candid in discussing the state of the industry as it is today.

Submitted by C Costigan on, Sep/14/2015

Associated Press: DraftKings, FanDuel Under Intense Scrutiny

(Associated Press) - Think wagering $20 to win $1 million by picking a winning combination of NFL players for a fantasy team this Sunday is gambling? The league says it isn't.

So do fast-growing daily fantasy sports companies like DraftKings and FanDuel that offer the games and advertise with the long gambling-adverse pro football organization.

Submitted by Associated Press on, Sep/14/2015

Daily Fantasy F***ed Looks at the Man Behind DFS Site Swagger Stadium

Gambling911.com Sister site DFS911.com begins its new series called “Daily Fantasy F***ed” whereby they look at some of the – excuse our French – f***ed up occurrences taking place in the world of Daily Fantasy Sports.

Submitted by Payton on, Sep/13/2015

New DFS911.com Series ‘Daily Fantasy F***ed’ to Focus on Seedy Side of Sector

You’ve asked for it and DFS911.com in conjunction with sister site Gambling911.com have heard you loud and clear.  Introducing “Daily Fantasy F***ed”, a new series of articles that will focus on the seedy side of the Daily Fantasy Sports world.

Submitted by Jagajeet Chiba on, Sep/11/2015

Vanity Fair Includes Men Behind DraftKings and FanDuel in ‘New Establishment 2015’

Vanity Fair on Thursday featured a piece profiling the men behind Daily Fantasy Sports biggest sites, DraftKings and FanDuel: Nigel Eccles and Jason Robins.

Submitted by Aaron Goldstein on, Sep/10/2015

Daily Fantasy Site Swagger Stadium Says ‘All is Good’ as Players Suffer

Should Daily Fantasy Sports sites be regulated and licensed?  We here at Gambling911.com say this may be necessary as a few of the early sites begin to slow pay and no pay their customers. 

While it is nearly impossible to escape the DraftKings and FanDuel ads that have proliferated our television screens of late, the sad reality is that some folks wrongly believe the industry is safe.

Submitted by Nagesh Rath on, Sep/08/2015

Daily Fantasy Sports Football Championship to Reward $150K With Just $2 Entry

The leading white label software provider for Daily Fantasy Sports operators has just announced its inaugural $150,000 online Fantasy Football Championship for 2015.

Submitted by Aaron Goldstein on, Sep/08/2015

Another Daily Fantasy Sports Site Going Under: Swagger Stadium Not Paying

Gambling911.com is receiving reports that another Daily Fantasy Sports site, Swagger Stadium, is having difficulty paying customers while support is nonexistent. 

G911 and sister site DFS911.com has previously reported on the closure of SideLeague.com and the slow pay issues at Draftster.com. 

Submitted by C Costigan on, Sep/06/2015

FanDuel Ads Debut on CNN During Big Breaking News Day

FanDuel, the world’s largest Daily Fantasy Sports site, began airing ads on CNN Wednesday for the first time, our sister site DFS911.com reports.

The FanDuel ad claims players can win $1 million with just a $5 entry.  The firm received $250 million in fresh investment money earlier in the month and planned to use these funds for contests and marketing.

Submitted by Aaron Goldstein on, Aug/26/2015

DraftKings Teams Up With Bad Boy Dan Bilzerian: Let Them Eat Unicorn Cake

One of the behemoths in Daily Fantasy Sports, DraftKings.com, has decided to team up with one of poker’s most colorful characters, Dan Bilzerian. 

Submitted by Nagesh Rath on, Aug/24/2015

Real Time Fantasy Sports Imminent Claims ESPN

ESPN.com this week reveals that real time fantasy sports isn’t just a fantasy, it’s imminent.

Submitted by Don Shapiro on, Aug/19/2015

DraftKings Obtains UK Gaming License: Appoints Former Bwin.Party Exec as CIO

In a press release issued Monday morning, one of the world’s leading Daily Fantasy Sports sites, DraftKings, announced it had obtained a gaming license in the United Kingdom and plans to go live by the 4th quarter of this year.

Submitted by Dan Shapiro on, Aug/17/2015

PokerStars Parent Company Amaya Acquires Daily Fantasy Sports Site Victiv

Amaya Gaming announced Friday morning it has acquired Austin, Texas-based Daily Fantasy Sports site Victiv.com, a company that itself was founded by former poker players.

Submitted by Aaron Goldstein on, Aug/13/2015

Can Rake Free Work in Daily Fantasy Sports? CBS Sportsline Thinks So

CBS Sportsline introduced its Daily Fantasy Sports platform this past week with a rake free concept that is sure to give industry leaders DraftKings and FanDuel and run for their money.

CBS’ DFS Director Grant Griffin tweeted this week that they were not planning on featuring rake any time soon although many believe the new NFL season will require the media conglomerate to change its model.

Submitted by Aaron Goldstein on, Aug/08/2015

Daily Fantasy Sports Expo Day Two Agenda Features Forbes, Fox Sports, DraftKings

Day 2 of the first ever Daily Fantasy Sports Expo in Miami Beach takes place Friday with speakers that include the likes of DraftKings, Forbes, CBS Sports and many more.  Gambling911.com founder Chris Costigan will host the final round table panel.

BetOnline

Submitted by Payton on, Aug/06/2015

First Ever Daily Fantasy Sports Expo Forecast – Sunny, Hot and Lots of Dollar Signs

Gambling911.com sister site DFS911.com will be a main sponsor at the first ever Daily Fantasy Sports Expo taking place in Miami Beach Thursday and Friday.

Late last year, Gambling911.com founder Chris Costigan pushed conference organizer and long time colleague Marc Lesnick to host this event and it appears as if it will meet – if not exceed – initial expectations. 

The fear all along hasn’t been so much about attracting the top talent and attendees but more so the potential for inclement weather.

Submitted by Payton on, Aug/05/2015

Daily Fantasy Sports Land in Gambling Industry Crosshairs

(Reuters) Mike Petta played Internet poker until 2011, when most U.S. poker websites were shut down. Last year, the 31-year-old father of two quit his job as an accountant to play fantasy sports full time, spending thousands of dollars a night entering fantasy sports contests. Now, the gambling industry wants him back.

Submitted by Reuters on, Aug/04/2015

Foxwoods May be Exploring Daily Fantasy Sports

(Gambling911.com Fantasy Sports Wire) - With the final hours of online registration for the highly anticipated and first ever Daily Fantasy Sports Expo in Miami Beach next week, Gambling911.com can confirm that Foxwoods Casino will be in attendance. 

Submitted by Aaron Goldstein on, Jul/30/2015

Ifrah, Brennan to Discuss Regulating DFS Sector as Nevada Prepares to Take Action

The American Gaming Association considers Daily Fantasy Sports gambling.  As such they believe it should be licensed and regulated….by them of course.

David Payne Purdum of ESPN broke the news via Twitter Monday:

Nevada Gaming Control chairman AG Burnett has begun legal analysis of daily fantasy sports and welcomes communication from DFS operators.

Submitted by Don Shapiro on, Jul/28/2015

CNBC: Growth of Daily Fantasy Sports Exploding

(Gambling911.com Fantasy Sports Wire) - Just how much is being spent now compared to past years?

According to the Fantasy Sports Trade Association, the spent person spent $95 annually on Fantasy Sports.  In 2015 that number more than quadrupled to $465.

Adam Krejcik of Eiler’s Research will be speaking at the Daily Fantasy Sports Expo next week.  Appearing on CNBC, he noted that neither of the top two Daily Fantasy Sports companies – Draftkings or FanDuel – have yet to turn a profit.

Scroll down below for more…

Submitted by C Costigan on, Jul/28/2015

DraftKings, FanDuel to Reward Billions in Contest Prize Money in 2015

Leading Daily Fantasy Sports sites Draftkings and FanDuel are prepared to dole out billions in prize money this year.

The news comes as DraftKings announced it had secured another $300 million in funding on Monday. 

Submitted by Aaron Goldstein on, Jul/27/2015

Sportsbook.ag Enters Daily Fantasy Sports Space

Sportsbook.ag, the largest North American facing online sportsbook in terms of volume of customers, has entered the Daily Fantasy Sports market.

Submitted by Aaron Goldstein on, Jul/26/2015

FastFantasy.com Review Added to DFS911.com: CEO to Speak at DFSE

FastFantasy.com is a soon-to-launch Daily Fantasy Sports site captained by long time friend of the Gambling911.com website, Joe Brennan, Jr.

Submitted by Aaron Goldstein on, Jul/25/2015

The Ultimate Miami Hot Spots Guide for Daily Fantasy Sports Expo 2015

It’s our home stomping ground and nobody knows better the top hot spots for those attending the upcoming Daily Fantasy Sports Expo than Gambling911.com.  

Submitted by C Costigan on, Jul/25/2015

Fanwars CEO to speak at the Daily Fantasy Sports Expo in Miami Beach

New York, NY--Ticonderoga Ventures, Inc. announces that Fanwars.com CEO  will speak at the Daily Fantasy Sports Expo ( www.fantasysportsexpo.com ) on August 6-7, 2015 at the Miami Beach Convention Center. 

Kevin De Vincenzi, CEO of Fanwars, will participate in several controversial panels during the 2 day event. 

Submitted by Press Release on, Jul/23/2015

Live In-Play Betting Concept Coming to Daily Fantasy Via Boom Shakalaka

A start-up in the world of Daily Fantasy Sports with a cool sounding name, Boom Shakalaka, hopes to capitalize on a concept that now accounts for over half the amount of volume at some online sportsbooks.

Submitted by Aaron Goldstein on, Jul/22/2015

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