New rules from Beijing prohibit investments in core military technology and anything that endangers national security, according to a report filed by CNBC Monday.
Fantasy Sports Industry News
Fantasy Sports Industry News
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.
$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.
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).
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.
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.
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.
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!
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.
A 55-year-old female by the name of PSmiles has become the first woman to ever win a live daily fantasy sports championship.
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.
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.
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.
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.
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.
Thomas Somach writes that DailyMVP.com uses a unique golf-like handicapping system to equalize performers.
LOS ANGELES -- There are so many fantasy sports leagues out there these days that the leagues have to do something spectacular to garner attention.
One that is doing just that is DailyMVP (www.dailymvp.com), which uses a unique business model that mimics the dynamics of a player's handicap in golf.
EAST WINDSOR, NJ – With the conclusion of the 2014 NFL season the fantasy sports market has without a question of a doubt enjoyed its largest season. The unprecedented popularity of weekly fantasy leagues offering cash prizes without season long commitments has been extraordinary - with many new sites joining the fray at the start of this past football season.
The Los Angeles Clippers and DraftKings announced today a partnership that makes DraftKings the official daily fantasy sports partner of the Los Angeles Clippers. The agreement marks the team’s first-ever partnership with a one-day fantasy sports website. DraftKings is the largest U.S.-based provider of daily fantasy sports contests across a broad range of professional and college sports, including basketball.
FanDuel.com, the world’s largest Daily Fantasy Sports site, has announced plans for the 2015 World Fantasy Basketball Championship in South Beach April 10.
Daily fantasy sports firms continue to expand with the explosive popularity of the sector in recent months. PlayMLF.com just announced via their Twitter account, they too are in need of improved office space.
In the wake of the fantasy sports phenomenon gripping the U.S., a bill to legal the activity in Iowa has been given the green light in the State Senate. Iowa casinos could also offer fantasy sports with cash payoffs under some circumstances.
Senate Study Bill 1068 was approved by the Senate State Government Committee on a voice vote with only one dissent.
Victiv.com has decided to get into the Golf fray with its PGA Fantasy freeroll on the Farmer’s Insurance Open while betting on Golf has begun to prove lucrative for the online sportsbooks.
Iowa, a state that has dabbled with the notion of legalizing online gambling including poker, has moved to legalize Fantasy sports.
While Fantasy Sports are exempt under federal legislation banning most other forms of online gambling, some individuals states have enacted their own laws that make engaging in such contests with cash prizes illegal, Iowa being one of them.
Jake Sanders, 38, of Edina, Minnesota, recently won $300,000 from the Daily Fantasy Sports site FanDuel.com. And that was by finishing in 4th place!
Sanders was a qualifier for a FanDuel $2 million dollar event in Las Vegas during week 15 of the NFL season. One player picking up yardage in the final seconds of a Jets/Titans game reduced Sanders earnings by $200,000 from $500,000.
Daily Fantasy freerolls allow folks to enter a tournament without having to pay a fee. This is an attractive option not just in the world of Daily Fantasy Sports, but also in online poker. Check out the Gambling911.com Fantasy Sports section for all the latest Fantasy and freeroll news along with picks and the latest player salaries right here.
In business for just over a month now and kicking off with a $250000 prize pool, Vulcun will now be offering a $1 million prize for the upcoming League of Legends League Championship Series (LCS).
CHICAGO -- Are you a fantasy sports player?
There's an app for that.
As more and more people play in fantasy sports leagues that they access via their mobile devices rather than their computers, the leagues are making it easier for them to do so.
OLYMPIA, Wash. — (Associated Press) - Lawmakers in Washington state - home to the defending Super Bowl champion Seattle Seahawks - may legalize gambling on fantasy football by classifying fantasy sports as games of skill.
While billions of dollars of sports betting continues in the shadowy world of illegal off-shore sports books, the fantasy sports business has been on fire. And as fantasy sports becomes the new hot “thing” online, it has continued to evolve: Dozens of companies are entering the market to offer everything thing from the increasingly common single day fantasy contests to the stock market-like contest offered by recent arrival. Throughout the explosion of interest, two companies – FanDuel and Draft Kings have remained the behemoths of the industry.
Fantasy sports site does end run around law to provide Super Bowl action
Turns out there's more than one way to skin a cat, or in this case, a super cat.
Fantasy sports site ScoreStreak.com has found a way to offer fantasy action on the Super Bowl, despite a law stating that fantasy play must be based on the results of multiple games.
Gambling911.com has your FantasyAces.com review including the pros and cons and what differentiates FantasyAces.com from the rest of the Daily Fantasy Sports pack. You can visit their website here.
Gambling911.com has your FanWars.com review where we point out the pros and cons of this site, which is gaining popularity amongst Fantasy players. You can view their website here.
Powerball officials say there was no grand prize winner in the latest drawing, meaning one of the nation's largest lottery jackpots will continue growing.