Fantasy Sports Industry News

Fantasy Sports Industry News

World Exclusive: Live In-Game Wagering Comes to Daily Fantasy Sports

The inventor of the world's first live in-game sports betting system for Las Vegas casinos has now invented the world's first live in-game system for sports fantasy, Gambling 911 can reveal in a world exclusive report.

Barry Mindes, an 83-year-old engineer from New York who now lives in South Florida, created the SportsXaction betting system in the mid-1990s.

SportsXacton, which debuted at the Excalibur casino in Las Vegas, allowed bettors to wager on every pitch of a baseball game while the game was in progress.

Submitted by Thomas Somach on, Apr/15/2015

Real Money English Premier League Fantasy Contests Debut With FantasyGol

Gauatemala City-based FantasyGol announced on Wednesday the launch of its new pay-to-play real money English Premier League fantasy contests platform they hope will take the industry by storm.

This past fall FantasyGol teamed up with Rochester, New York-based Flower City Gaming, the operators behind Star Fantasy Leagues, in an effort to provide the ultimate daily and weekly fantasy sports experience.

Submitted by Alistair Prescott on, Apr/15/2015

Vulcan eSports Daily Fantasy Site Raises $12 Million

Daily fantasy sports for video games, also known as eSports, is increasing in popularity even more so than the traditional (if you can call it that) daily fantasy sports sector.  And a little known company just months ago, Vulcan, is leading the way.

The firm has secured investment funding to the tune of $12 million.

Submitted by Aaron Goldstein on, Apr/13/2015

Louisiana Mulls Over Daily Fantasy Sports Legislation

Louisiana has become the latest state to consider a measure fully legalizing daily fantasy sports for real money.

While not explicitly illegal in Louisiana, State Representative Joseph Lopinto wants his bill to clarify that daily fantasy sports is not gambling.

“We’re not betting on the outcome of a game or a point spread. Fantasy football is a game of skill,” Lopinto said.

Submitted by Aaron Goldstein on, Apr/13/2015

PokerStars to Enter Daily Fantasy Sports Market by Start of NFL Season

It may be one of the worst kept secrets that online poker sites in recent months have been looking to expand their product base by offering daily fantasy sports contests.

Hence, it shouldn’t come as a shock that PokerStars, the world’s largest real money Web card room, has announced its plans to begin offering daily fantasy sports by the start of the 2015 NFL season. 

Submitted by Gilbert Horowitz on, Apr/07/2015

World Exclusive: Indiana Drops Efforts to Legalize Sports Betting, Fantasy Sports

The State of Indiana is dealing with plenty of issues these days, but two things it won't be dealing with any time soon are sports betting and fantasy sports wagering at the state's casinos.

BetOnline

Submitted by Thomas Somach on, Apr/02/2015

Participants, Organizers Talk First Ever Daily Fantasy Sports Expo (Video)

The first ever Daily Fantasy Sports Expo has an entire industry excited.  Hundreds of company executives, investors, attorneys and players will be congregating in sunny South Beach this August 6-7 to take part in this event. 

Submitted by Payton on, Mar/30/2015

Just How Big is Daily Fantasy Sports: Researchers, Numbers Crunchers Reveal All

ANAHEIM, Calif. -- There's an explosion of fantasy sports leagues in the USA right now, and with that explosion comes the need to track the trends that fuel it.

That's where Eilers Research, LLC comes in.  (They will be appearing at the first ever Daily Fantasy Sports Expo in Miami Beach this August 6-7, 2015.)

Submitted by Thomas Somach on, Mar/27/2015

Many Daily Fantasy Sports, Software Companies Attending Fantasy Sports Expo

The first ever Daily Fantasy Sports Expo in Miami Beach is shaping up for quite an impressive debut.

Marc Lesnick, the conference organizer and someone who has regularly put on top trade shows in the world of online gambling and i-Dating, tells Gambling911.com the initial response for this event has been unprecedented. 

“We are getting new inquiries to speak on a daily basis,” Lesnick revealed.

Submitted by Payton on, Mar/24/2015

Disney, DraftKings Deal Possible But Not Likely

Rumors have been circulating that ESPN and its parent company Disney may be looking to back one of the largest daily fantasy sports sites Draftkings.  The odds of this happening: Not likely.

Submitted by Aaron Goldstein on, Mar/23/2015

Satisfy Your March Madness Fantasy Fix With a Twist of TradeSports

While most daily fantasy sports websites are shunning March Madness the way Major League Baseball shuns Pete Rose, one fantasy site sees the NCAA's annual, 68-team, basketball free-for-all as too good an opportunity to ignore.

Tradesports (www.tradesports.com) will be offering contests for the tournament, but with a twist.

You don't put your money on players, you put it on props (short for propositions).

Submitted by Thomas Somach on, Mar/17/2015

New Fantasy League Site Swagger Stadium One of Few to Embrace March Madness

WAYZATA, Minn. -- When the annual college basketball tournament known as March Madness gets underway in a few days, most Internet-based fantasy sports leagues won't be involved, for various reasons.

But one start-up fantasy sports league, based in this Minneapolis suburb and called Swagger Stadium (www.swaggerstadium.com), wouldn't think of ignoring America's second-biggest sporting event (after the Super Bowl).  

Submitted by Thomas Somach on, Mar/15/2015

How to Win Money Playing Daily Fantasy Sports

If you are like many readers of the Gambling911.com website and DFS911.com (coming soon), you might be asking yourself: “How can I make money playing daily fantasy sports”?

Well, it’s easier than you might think and doesn’t necessarily incorporate a whole lot of time provided you know where to gather the right information.

Submitted by Aaron Goldstein on, Mar/14/2015

Iowa Senate Votes to Allow Fantasy Sports

DES MOINES  (Associated Press) — The Senate has passed a bill that would allow a person in Iowa to win money in fantasy sports contests.

The Senate voted 32-16 to approve the bill Thursday. It now heads to the House, where lawmakers are considering a similar bill.

Submitted by Associated Press on, Mar/13/2015

Daily Fantasy Sports Leagues Not Mad for March Madness as Most Shun College Hoops

For the second time this year, fantasy sports leagues will be shut out of the action for a major sporting event.

Last month, none of the leagues weren't able to hold daily fantasy contests for the Super Bowl because Federal law bans fantasy play based on a single game.

This month, most fantasy sports leagues won't be holding any contests in connection with March Madness, the annual NCAA basketball tournament, because most leagues don't get involved with any college sports.

Submitted by Thomas Somach on, Mar/11/2015

DraftKings May be Off the Hook With Class Action Clause

As reported on the Gambling911.com website and elsewhere, one of the world’s largest daily fantasy websites DraftKings is now the subject of a class action lawsuit claiming false advertising. But the Boston-based company may have an ace up their sleeve according to the legal firm JD Supra.

Submitted by Aaron Goldstein on, Mar/09/2015

BetConstruct Grabs Gold and Lanyard Sponsorships at Upcoming DFSE in Miami Beach

Existing operators and those looking to enter the lucrative new industry of daily fantasy sports will be happy to know that software providers and white labels plan to show up in force this August in Miami Beach for the first ever Daily Fantasy Sports Expo (DFSE).

The most visible of these providers is going to be BetConstruct.  They have secured both the gold and lanyard sponsorships at DFSE.

Submitted by Aaron Goldstein on, Mar/02/2015

Microsoft Bing’s Duane Forrester to Speak at Daily Fantasy Sports Expo

Ticonderoga Ventures Inc. has announced that long time Microsoft Bing Webmaster Outreach Manager Duane Forrester will be speaking at the first ever Daily Fantasy Sports Expo in Miami Beach August 6-7.

Just how pivotal is Forrester:  Last year he was awarded Top Search Personality at the US Search Awards.

Submitted by Aaron Goldstein on, Feb/25/2015

Fantasy League Meeting With Ray Rice Reps on Wednesday

$1 Million Endorsement Deal is on the Table

VANCOUVER -- Only time will tell which of the many fantasy sports leagues popping up all over North America are destined to survive.

And thrive.

But if marketing savvy is any indication of future success, one new league looks like it has hit a home run (or in this case, scored a touchdown).

Submitted by Thomas Somach on, Feb/25/2015

Fantasy Sports Industry Pushes for Legalization in All 50 States

The Fantasy Sports Trade Association (FSTA) recently unveiled the Fantasy Sports Freedom initiative with the goal of promoting legalization of fantasy sports in all 50 states. 

Right now five states – Arizona, Iowa, Louisiana, Montana and Washington – clearly bar pay-related fantasy sports operations.  Some daily fantasy sports sites have also steered clear of states where contests paying cash prizes fall into a grey area.

Submitted by Aaron Goldstein on, Feb/22/2015

ProDraftLeague.com Raises ‘7 Figures’ Worth of Funding: Business Doubles in One Month

Vancouver-based ProDraftLeague.com hopes to make the big leagues, having just raised over a million in funding since January and doubling their business from roughly 5000 customers to 10000 customers since the start of the year.  

Submitted by Aaron Goldstein on, Feb/18/2015

FanDuel Looking for a $1 Billion Valuation: Wants to Go Public Next Year

FanDuel.com, one of the two largest daily fantasy sports sites, is looking to raise another $100 million over the next few months in order to reach a $1 billion valuation. 

Submitted by Aaron Goldstein on, Feb/17/2015

TradeSports.com a New Type of Fantasy Sports League Where Salary Cap is Eliminated

NEW YORK -- Your state lottery never pays you to try out one of its new scratch-off tickets.

And your local casino never hands you free cash to sit down at the poker table with.

And most certainly your local neighborhood bookie never calls you up and tells you he's going to start paying you to make bets with him on sporting events.

But when it comes to the crowded and cut-throat world of fantasy sports, anything you can do to rise above the din and garner attention is a plus.

Even if it means doling out free cash!

Submitted by Thomas Somach on, Feb/16/2015

Ray Rice Gets $1 Mil Contract Offer From Daily Fantasy Sports Site ProDraftLeague

A daily fantasy sports site has offered NFL player Ray Rice a $1 million sponsorship deal to represent their company.  Rice was suspended by the NFL after he was observed punching his then fiancé in an Atlantic City casino elevator.  His former team, the Baltimore Ravens, cut the star soon afterwards.

Submitted by Don Shapiro on, Feb/13/2015

55-Year-Old Becomes First Female to Win Daily Fantasy Sports Championship

A 55-year-old female by the name of PSmiles has become the first woman to ever win a live daily fantasy sports championship.

BetOnline

Submitted by Aaron Goldstein on, Feb/12/2015

Attorney Jeffrey Ifrah to Speak at First Ever Daily Fantasy Sports Expo

One of the most prominent attorneys in the world of fantasy and gaming, Mr. Jeffrey Ifrah, has been slated to speak at the first ever Daily Fantasy Sports Expo in sunny Miami Beach this August 6-7.

Submitted by Payton on, Feb/12/2015

Fantasy Sports Site DraftKings.com Exclusive Deal With UFC ‘Imminent’

One of the powerhouses in daily fantasy sports, DraftKings, is reported to be close to an exclusive sponsorship deal with the UFC (Ultimate Fighting Championship).

Colin Neville, vice president of the venture capital firm The Raine Group in NYC, first disclosed the pending UFC deal during a conference in New York City on Monday.

Submitted by Aaron Goldstein on, Feb/11/2015

Daily Fantasy Sports Expo to be held August 6-7, 2015 in Miami Beach

First ever trade show and conference covering the daily fantasy sports industry. DFSE plans to bring new faces to the industry, introduce unique methods of thinking and provide the ultimate networking experience for executives.

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

Submitted by Press Release on, Feb/11/2015

Bellator 133 Fantasy Real Money Tournament First of Its Kind Introduced by Draft Ops

LAS VEGAS - Draft Ops, the newest provider in fantasy sports, announced today the launch of their first ever $10K Fantasy real money tournament for Bellator 133: Manhoef vs. Shlemenko event to be held on Friday, February 13 on SpikeTV.  

The kickoff of the $10K Fantasy tournament marks the largest real money tournament offered by Draft Ops to date and will be offered for every Bellator live event broadcast. The tournament is guaranteed with limited entries available.

Submitted by Press Release on, Feb/10/2015

Daily Fantasy Sports Sites in Hot Water Over Ad Claims Long Allowed by UK Agency

Yet another of the big daily fantasy sports sites, DraftKings.com, has been named in a class action suit claiming false advertising as it pertains to bonus offers.  The case was filed in a South Florida court.

Submitted by Alejandro Botticelli on, Feb/10/2015

Breaking News

Free Per Head Software Platform

A free per head software platform is just that, free software for bookies and would be bookies.

Las Vegas Strip Shooter Identified as 55-Year-Old Rolando Cardenas

Las Vegas Strip Shooter Identified as 55-Year-Old Rolando Cardenas

A 55-year-old man has been identified as the lone shooter on the busy Las Vegas Strip Saturday night. 

Gunman in Fatal Vegas Strip Shooting Surrenders

Las Vegas police say the gunman in a fatal shooting on the Strip who barricaded himself inside a public bus has surrendered peacefull