Fantasy Sports Industry News

Fantasy Sports Industry News

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

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

Breaking News

Odds That 17 Crown Casino Employees Go to Prison at 99 Percent

Odds That 17 Crown Casino Employees Go to Prison at 99 Percent

Among those charged are three Australians, including Melbourne-based executive Jason O'Connor

England’s Chris Brammer Wins First WSOP Bracelet

England’s Chris Brammer Wins First WSOP Bracelet

Chris Brammer of England has won the Event #45 of the 2017 World Series of Poker, $5,000 No-Limit Hold'em.  He takes home $527,555, besting a field of 505.

Pay Per Head Bookie Outsourcing in Oklahoma City

Pay Per Head Bookie Outsourcing in Oklahoma City

It is easy to find a Pay Per Head bookie outsourcing company willing to support the Oklahoma City area bookie.