Fantasy Sports Industry News

Fantasy Sports Industry News

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

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

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