Fantasy Sports Industry News

Fantasy Sports Industry News

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

MLB Commish Rob Manfred on DFS: ‘Need to be Competitive in That Space’

Speaking at Kauffman Stadium, home of the Kansas City Royals, newly appointed Major League Baseball Commissioner Rob Manfred spoke candidly about his league’s decision to partner up with daily fantasy sports firm Draftkings.  He also discussed the prospects of legalized sports wagering.

Submitted by Don Shapiro on, May/07/2015

Kansas House Vote on Legalizing Fantasy Sports Likely Today

TOPEKA, Kansas — (Associated Press) - The Kansas House has postponed a vote on a bill that would define fantasy sports as legal.

The chamber passed over the bill in its schedule Wednesday, but a spokeswoman for House Speaker Ray Merrick said it would be addressed on Thursday.

Submitted by Associated Press on, May/07/2015

Oppenheimer, Vulcun Reps to Speak at First Ever Daily Fantasy Sports Expo

Want to raise money for your existing or start-up daily fantasy sports website?  The place to be this August 6 and 7 in Miami Beach, Florida at the first ever Daily Fantasy Sports Expo.

Sayke Reilley has been announced to speak on the subject of Raising Money for Daily Fantasy Sports.

Submitted by Payton on, May/05/2015

Kansas Senate Approves Fantasy Sports as Game of Skill Bill

TOPEKA, Kansas — (Associated Press) - Fantasy sports would be declared a legal game of skill under a bill approved by the Kansas Senate in a 37-1 vote Monday.

Lawmakers moved several pieces of legislation as they shift into the final stretch of the session. The fantasy sports bill would clarify an ongoing dispute over the legal status of fantasy football leagues if passed by the House and signed by Republican Gov. Sam Brownback.

Submitted by Associated Press on, May/04/2015

Mondogoal.com Goal: To Be the World’s Top Destination for Fantasy Soccer

ISLE OF MAN -- It looks like deja vu for this tiny island off the coast of England that used to be a British territory but is now an independent nation.

A decade ago, some of the biggest online poker sites flocked here to set up shop.

Gambling laws were lax, the location was remote and the semi-air of British authority gave the poker sites a feel of legitimacy.

Submitted by Thomas Somach on, May/04/2015

DraftKings NASCAR Rumors in Full Throttle Ahead of Indy 500

A Gambling911.com source has revealed that NASCAR will be the next professional sport to enter into a sponsorship deal with a daily fantasy sports company.  The leading suitor is said to be DraftKings.

One only needs to explore the NASCAR properties to notice how popular daily fantasy sports is becoming among race fans.

Submitted by Aaron Goldstein on, May/04/2015

G911 World Exclusive: Sponsor of Louisiana Fantasy Sports Bill Predicts Easy Passage

BATON ROUGE, La. -- The State of Louisiana has always been an "anything goes" sort of place, what with its liberal drinking laws, myriad casinos and 24/7 Mardi Gras atmosphere.

But, strangely, one of the things that doesn't "go" in the Bayou State is wagering on fantasy sports.

Submitted by Thomas Somach on, Apr/29/2015

Poker Site Owner DFS Critique: ‘Like Crack Dealer Warning About Fen Phen’

Many a daily fantasy sports player has taken issue with Americas Cardroom CEO Phil Nagy’s recent critique about the dangers of the Daily Fantasy Sports (DFS) sector.PokerFuse.com interviewed Nagy recently, who warned that many of these new daily fantasy sports websites will likely go under by year’s end and players wrongfully believe that most are regulated.  They are not.

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Submitted by Aaron Goldstein on, Apr/28/2015

Eilers Research to provide the State of the Industry at the Daily Fantasy Sports Expo

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

Submitted by Press Release on, Apr/28/2015

Fantasy Sports Not Just an American Fad: Becoming Huge in Europe

LEEDS, England -- Wagering on fantasy sports isn't becoming a big thing just in the United States.

It's also getting huge internationally, especially in Europe.

One of the main reasons for the popularity of fantasy sports is that it's tailored to the local market and the local sports culture.

In the USA, fantasy sports thrive on football, basketball, baseball and hockey.

In Europe, it's all about soccer.

Submitted by Thomas Somach on, Apr/27/2015

FanDuel Gets Naming Rights on Floyd Mayweather Trunks

The world leader in daily fantasy sports, FanDuel.com, announced this week it has purchased the naming rights to none other than Floyd Mayweather’s trunks.  He will have them on full display during his highly anticipated May 2 bout with Manny Pacquiao.

As part of the deal FanDuel will award six tickets to the welterweight fight at the MGM Grand in Las Vegas.

Submitted by Aaron Goldstein on, Apr/25/2015

Goodell Addresses Daily Fantasy Sports, Gambling and the NFL

NFL Commissioner Roger Goodell addressed the Associated Press Sports Editors group Friday on a number of topics, including daily fantasy sports and the role gambling may play in the National Football League (NFL).

In particular, Goodell referenced a number of sponsorship deals between individual NFL franchises (and other professional sports teams) with daily fantasy companies the likes of DraftKings and FanDuel.

From the Canadian Press:

Submitted by Gilbert Horowitz on, Apr/25/2015

Gambling911.com Founder Chris Costigan to Speak at Daily Fantasy Sports Expo

New York, NY--Ticonderoga Ventures, Inc. announces that publisher Chris Costigan of the leading gambling news site Gambling911.com will be speaking at the first ever Daily Fantasy Sports Expo

(www.fantasysportsexpo.com ) on August 6-7, 2015 at the Miami Beach Convention Center.
 

Submitted by Press Release on, Apr/23/2015

FanDuel Enters Into Deal With 15 NFL Teams

NEW YORK — (Associated Press) - Nearly half of the teams in the NFL have signed sponsorship deals with FanDuel, the daily fantasy sports website.

The announcement of 15 football teams on Wednesday adds to the roster of professional sports sponsorships for FanDuel. It already had a deal with the NBA, which received an ownership stake in the company, and seven pro basketball teams. Major League Baseball and the NHL have deals with a competitor, DraftKings.

Submitted by Associated Press on, Apr/23/2015

Yahoo! to Enter Daily Fantasy Sports Sector

Long established in the world of season-long fantasy sports, Yahoo! CEO Melissa Mayer announced this week that the multinational Internet corporation and search engine powerhouse will be entering the real money daily fantasy sports market this summer.

Submitted by Aaron Goldstein on, Apr/22/2015

Iowa Halfway Home in Legalizing Fantasy Sports, State Senator Tells G911

DES MOINES, Iowa -- In 2006, the U.S. Congress passed the Unlawful Internet Gambling Enforcement Act (UIGEA), crippling online wagering by making it illegal to use financial instruments such as credit cards to fund Internet betting.

BetOnline

Submitted by Thomas Somach on, Apr/21/2015

Breaking News

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