Fantasy Sports Industry News
Fantasy Sports Industry News
DraftKings Ads Can Now Feature Current NFL Players as Part of Marketing Deal
DraftKings, one of the top two Daily Fantasy Sports sites in the world, will now be able to feature current NFL players in its ads as part of a new marketing deal with the league.
Launched in 2012, the website has managed to raise $300 million in financing this season, much of which has been used for marketing purposes.
New York Times: Daily Fantasy Sports and Hidden Costs of Weird U.S. Gambling Laws
The New York Times on Thursday discusses how some odd piece of legislation, the Unlawful Internet Gaming Enforcement Act, has helped to facility today’s boom in Daily Fantasy Sports, the very activity it was likely trying to prevent.
Online gambling diehards know the legislation well and by its abbreviated form UIGEA.
Mass AG on DraftKings: ‘This is a New Industry, It’s Something We Are Reviewing’
Massachusetts Attorney General Maura Healey says her office is reviewing the business practices of Daily Fantasy Sports website Draftkings to ensure they are operating within the legal framework of current law.
No Need to Panic Over Daily Fantasy Sports Congressional Scrutiny Says Expert
An industry expert laughed off concerns over efforts by New Jersey Congressman Frank Pallone’s attempt to study Daily Fantasy Sports and their relationship to the four professional leagues.
Joe Brennan, Jr., an industry expert who himself will be launching a new DFS site based in London, England, Fast Fantasy, pointed to efforts by certain politicians to stop legalized online poker in the U.S.
Brennan, Jr. tweeted last week:
Daily Fantasy Sports for Suckers Research Suggests
Gambling911.com sister site DFS911.com Monday reports on how a series of research determined that Daily Fantasy Sports are not what they are cracked up to be.
A paywalled survey of 1,400 DFS players that Eilers Research shared with Tech Insider shows that 70% of Daily Fantasy Sports players actually reported losing money.
Lawmakers Look to Determine Legality of Daily Fantasy Sports in Florida
TALLAHASSEE (Associated Press) -- As the NFL season kicks off, another big contest may be soon be played in the halls of the Florida Capitol.
The growing fantasy sports industry, which is already subjecting television viewers to a barrage of wall-to-wall advertising with the new football season, is now setting its sights on getting the blessings of the Republican-controlled Florida Legislature.
Congressman May Want to Stick It to Leagues With Daily Fantasy Sports Study
So finally Congress has decided to act on the explosive world of Daily Fantasy Sports, though most experts agree they are probably a bit too late to act.
After all, millions of dollars has been pumped into the industry from many of the major sports leagues, ESPN and a number of millionaire investors.
On Monday it was announced that Democratic congressman Frank Pallone Jr. of New Jersey would like to have a Congressional committee take a look at the connection between fantasy sports and gambling.
Who Has The Best Daily Fantasy Sports Software for Operators?
With so many Daily Fantasy Sports (or DFS) sites popping up, we here at Gambling911.com wondered which company offered the best Daily Fantasy software.
We’ve heard of DraftKings and FanDuel but when it comes to the actual software backend, Rochester, New York-based Star Fantasy Leagues is one of the first - and many would argue, one of the best - on the market today.
We recently had a chance to sit down with Seth Young, Chief Operating Officer of Star Fantasy Leagues, who was very candid in discussing the state of the industry as it is today.
Associated Press: DraftKings, FanDuel Under Intense Scrutiny
(Associated Press) - Think wagering $20 to win $1 million by picking a winning combination of NFL players for a fantasy team this Sunday is gambling? The league says it isn't.
So do fast-growing daily fantasy sports companies like DraftKings and FanDuel that offer the games and advertise with the long gambling-adverse pro football organization.
Daily Fantasy F***ed Looks at the Man Behind DFS Site Swagger Stadium
Gambling911.com Sister site DFS911.com begins its new series called “Daily Fantasy F***ed” whereby they look at some of the – excuse our French – f***ed up occurrences taking place in the world of Daily Fantasy Sports.
New DFS911.com Series ‘Daily Fantasy F***ed’ to Focus on Seedy Side of Sector
You’ve asked for it and DFS911.com in conjunction with sister site Gambling911.com have heard you loud and clear. Introducing “Daily Fantasy F***ed”, a new series of articles that will focus on the seedy side of the Daily Fantasy Sports world.
Vanity Fair Includes Men Behind DraftKings and FanDuel in ‘New Establishment 2015’
Vanity Fair on Thursday featured a piece profiling the men behind Daily Fantasy Sports biggest sites, DraftKings and FanDuel: Nigel Eccles and Jason Robins.
Daily Fantasy Site Swagger Stadium Says ‘All is Good’ as Players Suffer
Should Daily Fantasy Sports sites be regulated and licensed? We here at Gambling911.com say this may be necessary as a few of the early sites begin to slow pay and no pay their customers.
While it is nearly impossible to escape the DraftKings and FanDuel ads that have proliferated our television screens of late, the sad reality is that some folks wrongly believe the industry is safe.
Daily Fantasy Sports Football Championship to Reward $150K With Just $2 Entry
The leading white label software provider for Daily Fantasy Sports operators has just announced its inaugural $150,000 online Fantasy Football Championship for 2015.
Another Daily Fantasy Sports Site Going Under: Swagger Stadium Not Paying
Gambling911.com is receiving reports that another Daily Fantasy Sports site, Swagger Stadium, is having difficulty paying customers while support is nonexistent.
G911 and sister site DFS911.com has previously reported on the closure of SideLeague.com and the slow pay issues at Draftster.com.
FanDuel Ads Debut on CNN During Big Breaking News Day
FanDuel, the world’s largest Daily Fantasy Sports site, began airing ads on CNN Wednesday for the first time, our sister site DFS911.com reports.
The FanDuel ad claims players can win $1 million with just a $5 entry. The firm received $250 million in fresh investment money earlier in the month and planned to use these funds for contests and marketing.
DraftKings Teams Up With Bad Boy Dan Bilzerian: Let Them Eat Unicorn Cake
One of the behemoths in Daily Fantasy Sports, DraftKings.com, has decided to team up with one of poker’s most colorful characters, Dan Bilzerian.
Real Time Fantasy Sports Imminent Claims ESPN
ESPN.com this week reveals that real time fantasy sports isn’t just a fantasy, it’s imminent.
They should know. The sports media group last month entered into a multi-million dollar partnership deal with one of the largest Daily Fantasy Sports sites DraftKings.com.
DraftKings Obtains UK Gaming License: Appoints Former Bwin.Party Exec as CIO
In a press release issued Monday morning, one of the world’s leading Daily Fantasy Sports sites, DraftKings, announced it had obtained a gaming license in the United Kingdom and plans to go live by the 4th quarter of this year.
PokerStars Parent Company Amaya Acquires Daily Fantasy Sports Site Victiv
Amaya Gaming announced Friday morning it has acquired Austin, Texas-based Daily Fantasy Sports site Victiv.com, a company that itself was founded by former poker players.
Can Rake Free Work in Daily Fantasy Sports? CBS Sportsline Thinks So
CBS Sportsline introduced its Daily Fantasy Sports platform this past week with a rake free concept that is sure to give industry leaders DraftKings and FanDuel and run for their money.
CBS’ DFS Director Grant Griffin tweeted this week that they were not planning on featuring rake any time soon although many believe the new NFL season will require the media conglomerate to change its model.
Daily Fantasy Sports Expo Day Two Agenda Features Forbes, Fox Sports, DraftKings
Day 2 of the first ever Daily Fantasy Sports Expo in Miami Beach takes place Friday with speakers that include the likes of DraftKings, Forbes, CBS Sports and many more. Gambling911.com founder Chris Costigan will host the final round table panel.
First Ever Daily Fantasy Sports Expo Forecast – Sunny, Hot and Lots of Dollar Signs
Gambling911.com sister site DFS911.com will be a main sponsor at the first ever Daily Fantasy Sports Expo taking place in Miami Beach Thursday and Friday.
Late last year, Gambling911.com founder Chris Costigan pushed conference organizer and long time colleague Marc Lesnick to host this event and it appears as if it will meet – if not exceed – initial expectations.
The fear all along hasn’t been so much about attracting the top talent and attendees but more so the potential for inclement weather.
Daily Fantasy Sports Land in Gambling Industry Crosshairs
(Reuters) Mike Petta played Internet poker until 2011, when most U.S. poker websites were shut down. Last year, the 31-year-old father of two quit his job as an accountant to play fantasy sports full time, spending thousands of dollars a night entering fantasy sports contests. Now, the gambling industry wants him back.
Foxwoods May be Exploring Daily Fantasy Sports
(Gambling911.com Fantasy Sports Wire) - With the final hours of online registration for the highly anticipated and first ever Daily Fantasy Sports Expo in Miami Beach next week, Gambling911.com can confirm that Foxwoods Casino will be in attendance.
Ifrah, Brennan to Discuss Regulating DFS Sector as Nevada Prepares to Take Action
The American Gaming Association considers Daily Fantasy Sports gambling. As such they believe it should be licensed and regulated….by them of course.
David Payne Purdum of ESPN broke the news via Twitter Monday:
Nevada Gaming Control chairman AG Burnett has begun legal analysis of daily fantasy sports and welcomes communication from DFS operators.
CNBC: Growth of Daily Fantasy Sports Exploding
(Gambling911.com Fantasy Sports Wire) - Just how much is being spent now compared to past years?
According to the Fantasy Sports Trade Association, the spent person spent $95 annually on Fantasy Sports. In 2015 that number more than quadrupled to $465.
Adam Krejcik of Eiler’s Research will be speaking at the Daily Fantasy Sports Expo next week. Appearing on CNBC, he noted that neither of the top two Daily Fantasy Sports companies – Draftkings or FanDuel – have yet to turn a profit.
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DraftKings, FanDuel to Reward Billions in Contest Prize Money in 2015
Leading Daily Fantasy Sports sites Draftkings and FanDuel are prepared to dole out billions in prize money this year.
The news comes as DraftKings announced it had secured another $300 million in funding on Monday.
Sportsbook.ag Enters Daily Fantasy Sports Space
Sportsbook.ag, the largest North American facing online sportsbook in terms of volume of customers, has entered the Daily Fantasy Sports market.
FastFantasy.com Review Added to DFS911.com: CEO to Speak at DFSE
FastFantasy.com is a soon-to-launch Daily Fantasy Sports site captained by long time friend of the Gambling911.com website, Joe Brennan, Jr.