Fantasy Sports Industry News

Fantasy Sports Industry News

FantasyAces World Baseball Championship Promises $250K, $100K First Prize

DraftKings isn’t the only Daily Fantasy Sports site offering top cash prizes this summer.  Mid-tier DFS site FantasyAces.com has its World Baseball Championship, promising $250,000 in prize money including a $100,000 first place prize and $50,000.00 awarded to second place.  FantasyAces.com just took part in a reverse merger with Vancouver-based DraftTeam.com, so it appears as if they are in for the long haul and have some capital behind them.  Gambling911.c

Submitted by Aaron Goldstein on, Jun/14/2015

DraftKings Fantasy Golf Millionaire Maker to Make One Person a Millionaire This Week

One of the world’s biggest Daily Fantasy Sports sites, DraftKings.com, will be offering the chance to win a cool million with this week’s US Open and its Golf Millionaire Maker contest.

BetOnline

Submitted by Mary Montgomery on, Jun/13/2015

Breaking News: CBS Sports to Attend Daily Fantasy Sports Expo

Gambling911.com has confirmed that CBS Sports, one of the leaders in season long Fantasy Sports, will be speaking at the first ever Daily Fantasy Sports Expo in Miami Beach June 7-8.  More details were forthcoming.

Submitted by C Costigan on, Jun/11/2015

Best Daily Fantasy Sports Golf Contests

Gambling911.com takes a look at some of the best Daily Fantasy Sports Golf contests being offered across the Net.

The $75K US Open Golf Contest at Victiv.com offers a $14000 grand prize, $8400 for 2nd and $5240 for 3rd.

This is a 156 player event.  It is a 156 player “you win and you’re in” contest from the folks in Austin, Texas who run Victiv.com, a mid-tier Daily Fantasy Sports site.

Nine-month qualifiers were being offered leading up to the $75K US Open Golf Contest.

Submitted by Ean Lamb on, Jun/10/2015

League of Legends - LoL Master Series Betting Odds – 11 Thru 15 June

League of Legends LoL Master Series betting odds were being offered by a handful of established online gambling ventures including William Hill, Pinnacle Sports and Bet365.  Sorry, US players not accepted at this time.

The eSports fan based was recently projected to top that of the NFL by 2017, this is being propelled heavily by League of Legends.

Submitted by Alistair Prescott on, Jun/10/2015

Fantasy Sports Combine to Take Place in Vegas Despite NFL Ruffling Its Feathers

DENVER – (Associated Press) - Organizers of the Fantasy Sports Combine are going ahead with plans for their inaugural event in Las Vegas next month in contrast to the Tony Romo-led Fantasy Football Convention that was scuttled after the NFL reiterated its policy banning active players from making promotional appearances at casinos.

The Fantasy Football Convention was slated to have more than 100 NFL players participating in autograph sessions, photo ops and fantasy-related events.

Submitted by Associated Press on, Jun/10/2015

Gaming Nation Purchases All Shares in Fantasy Feud

TORONTO - Gaming Nation Inc. (formerly Oceanside Capital Corp. TSXV: OCC) (the "Company" or "Gaming Nation") (TSXV: FAN) is pleased to announce that it has completed its previously announced reverse takeover transaction with Gaming Nation Acquisition Corp. ("GNAC") and has today purchased, directly and indirectly, all of the shares of 5050 Central Ltd. and its subsidiary 5050 Central-Delaware Inc., Fantasy Feud Inc., Guru Fantasy Reports, Inc. and Stevo Design, Inc.

Submitted by Press Release on, Jun/09/2015

Fantasy Aces Daily Fantasy Sports Site Enters Into Reverse Merger With DraftTeam

It was revealed on Monday that Vancouver-based DraftTeam and California-based FantasyAces.com have entered into a “reverse merger” deal whereby the later company will retain its executives and employees to run the newly created Daily Fantasy venture. It will trade on the Vancouver Stock Exchange.

Submitted by Aaron Goldstein on, Jun/09/2015

NFL Denies Calling Players and Their Parents to Cancel Fantasy Event: Romo Livid

Following news Monday that an NFL Fantasy Sports themed expo had been cancelled due to the league’s policy prohibiting players from holding events in casinos, event organizer Tony Romo took to the airwaves Tuesday morning to express his disgust.

Submitted by Jagajeet Chiba on, Jun/09/2015

AlphaDraft.com eSports Daily Fantasy Site Credits Twitch for Its Success

A co-founder in the eSports Daily Fantasy website AlphaDraft.com says that Twitch has played a significant role in getting his company off the ground and running.

Submitted by Aaron Goldstein on, Jun/08/2015

Ex-NBA Commissioner David Stern Wants Daily Fantasy Sports…. For Horse Racing?

Speaking before the Pan American Conference event for horse racing, former NBA Commissioner David Stern suggested that Thoroughbred racing should start to embrace Daily Fantasy Sports.

“Fantasy is another way to get people interested in your sport and you can go one better than fantasy because with Thoroughbred racing they can make a legal wager anytime they want. Fantasy has demonstrated what we already knew: Americans love to gamble.”

Submitted by Tyrone Black on, Jun/08/2015

Why The NFL Cancelled Tony Romo's National Fantasy Football Convention

The National Football League this weekend demanded that Dallas Cowboys starting quarterback Tony Romo cancel a Daily Fantasy themed event scheduled to take place in Las Vegas next month, citing a league policy prohibiting players from appearing in casinos.

Romo, who recently joined Twitter, wrote that the league canceled the event. The Dallas quarterback said he was “sad for the fans and players.”

Submitted by Gilbert Horowitz on, Jun/07/2015

DraftTeam.com Review From DFS911.com: Is This Daily Fantasy Site Safe?

Our sister website DFS911.com has published its review of Vancouver-based Daily Fantasy Sports site DraftTeam.com in terms of its financial stability. 

DFS911.com discusses the possibility of this site going broke, its public offering and the folks behind the firm.

Submitted by Aaron Goldstein on, Jun/06/2015

SnapDrafts.com Review, Early Report Released by DFS911.com

Gambling911.com sister site DFS911.com reports the anticipated launch of SnapDrafts.com and has provided an early review of the Minneapolis, Minnesota-based Daily Fantasy Sports site.

Submitted by Aaron Goldstein on, Jun/06/2015

PlayDraft.com: Does This Site Have Money? Is It Financially Sound?

PlayDraft.com or simply Draft is indeed a financially sound company that recently raised $3.5 million from various investors.  It focuses exclusively on the mobile daily fantasy market.

Upfront Ventures led the round, with participation from Advancit Capital, BoxGroup, The Chernin Group, and QueensBridge Venture Partners.

Submitted by Aaron Goldstein on, Jun/03/2015

Does Your Daily Fantasy Site Have Money Behind It? Are They Broke?

With ScoreStreak.com abruptly going out of business last week, Daily Fantasy Sports players need to understand that – just because it is legal, doesn’t mean it’s entirely safe. 

Submitted by Aaron Goldstein on, Jun/03/2015

eSports Sites Raising Big Money for Fantasy, Betting: Vulcun, Unikrn, AlphaDraft

It’s yet another aspect of the Daily Fantasy Sports phenomenon, eSports, with the three main players announcing additional monies raised over the past few months.

Vulcan, the biggest of the bunch, says it managed to raise $13.4m (£8.6m) and paid out over $1.1m (£713,000) in prize money to over 117,000 fans in its opening three months.

Submitted by Aaron Goldstein on, May/31/2015

1-day Fantasy Sports Contests – FantasyFeud.com: MLB, Golf, More…

FantasyFeud.com was offering 1-day fantasy sports contests with payouts reportedly totaling $750,000 during the month of May alone.

According to the Fantasy Feud website, their one-day fantasy MLB contests start as low as $1.00.

Fantasy Feud allows drafts for NFL, NBA, NHL and MLB across many draft variations.

Submitted by Don Shapiro on, May/30/2015

Daily Fantasy Sports Site ScoreStreak.com Suspends Operations: Who’s Next?

Silicon Valley area daily fantasy sports site ScoreStreak.com has closed its doors….for now.

An email was sent out to customers this past week claiming the company has been unable to obtain additional funding after raising $1.2 million last year.

Submitted by Aaron Goldstein on, May/30/2015

Daily Fantasy Sports Marries Poker at the WSOP in Las Vegas

LAS VEGAS -- Two of the most popular forms of wagering in America--poker and daily fantasy sports--for the first time ever are being combined into one event at the World Series of Poker.

According to a WSOP spokesman, a daily fantasy sports-themed poker tournament will be one of the events at the 46th annual WSOP, which got underway this week in Sin City.

Submitted by Thomas Somach on, May/28/2015

Jason Ader: Fantasy Sports Will Replace Slot Machines as Way Americans Gamble

Appearing on CNBC’s “Fast Money” Wednesday, SpringOwl Asset Management founder Jason Ader stated that daily fantasy sports will soon replace slot machines as the primary way in which Americans gamble.

Ader, an activist investor who has had influence on the boards of gaming giants Bwin.party and IGT in recent years, is the latest to jump on the daily fantasy bandwagon.  

Submitted by C Costigan on, May/28/2015

Kansas Governor Signs Bill Legalizing Fantasy Sports

TOPEKA, Kansas (Associated Press) – Republican Gov. Sam Brownback has signed a bill clarifying the legality of fantasy leagues.

BetOnline

Brownback’s office announced he signed the bill into law Tuesday, along with seven other measures.

Submitted by Associated Press on, May/19/2015

NASCAR, DraftKings Daily Fantasy Deal, Pennsylvania DFS Bill

Gambling911.com’s sister site DFS911.com has all the latest news on the recent NASCAR deal with daily fantasy site DraftKings.com along with a bill drafted in the

Submitted by Aaron Goldstein on, May/19/2015

DraftKings.com Makes CNBC’s Top 50 Private Company Disruptors List of 2015

The 2nd largest daily fantasy company, DraftKings, has placed number 45 on CNBC’s Top 50 Disruptors List for 2015.

That list pertains to private companies that will have the strongest impact of changing a specific industry or industries, in this case major league sports and the fantasy sports sector.

Submitted by Aaron Goldstein on, May/18/2015

Fantasy Sports Has a Kid Sister: Prediction Sports Wagering All the Rage in Europe

READING, England -- Fantasy sports wagering first took hold in America and then crossed the pond to Europe, but now there's another game on the continent that's getting some buzz.

And if it becomes as popular and successful as traditional fantasy sports betting, expect this alternative form of sports gambling to cross back to the USA and become popular and successful there.

So what are we talking about?

Prediction sports!

Submitted by Thomas Somach on, May/18/2015

Beatty: Sports Betting is a Game of Skill Like Daily Fantasy Sports

Bill “Dangerfield” Beatty, a stand up comedian who writes for the gaming news site CalvinAyre.com, this week brings up an interesting point:  Essentially, if daily fantasy sports and online poker are really “games of skill”, how can sports betting not be?

Submitted by Jagajeet Chiba on, May/14/2015

Malta The New Hot Spot for European Fantasy Sports: Oulala.com Leads Pack

SLIEMA, Malta -- Fantasy football fever is boiling hot in Europe these days, with new fantasy leagues seemingly poppping up almost every day now.

Football in Europe, of course, is what Americans call soccer.

But no matter what one calls it, one thing is evidently clear--fantasy sports betting is taking off in Europe just the same way it's taking off in America.

Submitted by Thomas Somach on, May/10/2015

Daily Fantasy Sports 911 Goes Live: DFS Picks, News, Reviews and More

Gambling911.com is thrilled to announce its first offshoot ever in 15 years as the world leader in gambling-related news. Daily Fantasy Sports 911 (or the easier to remember and type DFS911.com) has gone live as of May 9, 2015.  Please don't forget to bookmark the site.

Submitted by Aaron Goldstein on, May/09/2015

UIGEA Co-Author: ‘Never Intended to Cover Daily Fantasy Sports’

In a riveting piece written this past week on the ThinkProgress.com website, reporters Sacha Friedman and Josh Israel delve into the bold new world of daily fantasy sports.

Submitted by Aaron Goldstein on, May/09/2015

FantasyAces.com to Pay Out $250K Prize Days After Daily Fantasy Sports Expo

FantasyAces.com, a two-year-old daily fantasy sports website, promises a $250K payday on August 15, just days after the first ever Daily Fantasy Sports Expo in Miami Beach August 6-7.

Submitted by Aaron Goldstein on, May/07/2015

Breaking News

North Korea Legalizes Gambling on Horses to Help Mitigate Sanctions Pain

North Korea Legalizes Gambling on Horses to Help Mitigate Sanctions Pain

Per North Korea’s KCNA news agency, races called the "Autumn Race-Goers Games" were held Sunday at the Mirim Riding Club

Selbst to Matusow:  ‘You are a Pathetic Human Being’ Over Weistein Support

Selbst to Matusow: ‘You are a Pathetic Human Being’ Over Weistein Support

Matusow tweet seems to suggest doing sexual favors in Hollywood was common knowledge

Genovese Mobster Charged Last Year for Illegal Bookmaking Now Indicted on Tax Fraud

Genovese Mobster Charged Last Year for Illegal Bookmaking Now Indicted on Tax Fraud

Genovese Mobster Salvatore DeMeo has bee indicted on tax fraud charges and is accused of cheating the IRS out of $365,000 in taxes.