Fantasy Sports Industry News
Fantasy Sports Industry News
Daily Fantasy Sports to Resume in New York State Ahead of NFL Season
DraftKings, FanDuel and three other daily fantasy sports operators were cleared to resume business in New York on Monday, just in time for the approaching NFL season and Major League Baseball playoffs.
Group Contemplates Lawsuit Over Fantasy Sports in New York
With passage of legislation that will now permit Daily Fantasy Sports in the state of New York under more stringent licensing guidelines, an anti-online gambling group has contemplated a lawsuit to try to prevent such companies from gaining access to the market.
Premier Punt Joins Forces With Southampton Football Club
Southampton Football Club announced that Premier Punt have become their Official Fantasy Sports Betting Partner.
Global Daily Fantasy Sports Enters Into Strategic Relationship With NYX
Global Daily Fantasy Sports Inc. (TSXV:DFS) (the “Company”) wishes to announce a strategic relationship with NYX Gaming Group Limited (“NYX”) (TSXV:NYX) and that it intends to complete an additional private placement for up to $6 million.
Are Daily Fantasy Sports Legal in Colorado: Can I Play DraftKings, FanDuel?
Colorado is one of the few states that have specifically legalized Daily Fantasy Sports. As such, the likes of DraftKings and FanDuel are permitted.
Al Ross, Busted in 1998, is Back in the Game With a New DFS Site
It won't be long before you will be able to go into your local sports bar and, utilizing a small betting kiosk there, legally wager on daily fantasy sports.
At Least 6 States Adopt Fantasy Sports Laws; 21 Others Don't
The daily fantasy sports industry notched some wins but failed to capture a majority of states after an all-out push this year to preserve its legality amid concerns the online games amount to illegal sports betting operations.
Rob Gronkowski to Take Part in First Ever DraftKings ‘Fantasy Sports Fest’
DraftKings on Tuesday announced it will host the first ever “Fantasy Sports Fest” at Gillette Stadium this August (exact dates not immediately known at the time this was going to press).
Delaware DOJ Declares Daily Fantasy Sports Illegal in That State
The Delaware Department of Justice announced Friday that real cash Daily Fantasy Sports sites have officially been ordered to cease operations in that state.
Hargett Says Tennessee Ready to Enforce New Law Regulating Fantasy Sports Companies
A state agency has a new name and new rules to handle a General Assembly-passed law last session that legalized fantasy sports betting in Tennessee and regulates it
Indiana to Legalize Daily Fantasy Sports
Indiana will become only the second state to specifically legalize Daily Fantasy Sports contests.
NFL Commissioner’s NYS Assemblyman Cousin Says DFS is Gambling
NFL Commissioner Roger Goodell says that Daily Fantasy Sports is not gambling. The league has entered into partnership deals with both FanDuel and DraftKings through its various franchises.
FanDuel and DraftKings in Merger Talks
The two largest daily fantasy sports companies, FanDuel Inc. and DraftKings Inc., are in early-stage talks to merge, people familiar with the matter said on Monday, as the industry faces a crackdown by U.S. states over whether it runs illegal gambling.
11 States Could Legalize Daily Fantasy Sports By Year’s End
As many as 11 states may adopt regulations permitting and regulating daily fantasy sports by the end of the year, according to an analyst who closely tracks the issue.
SportsLock.com The Latest Daily Fantasy Sports Site to Shut Down
- Company to stop offering contests on Thursday May 26
- SportsLock.com co-founder: ‘It ‘s so hard to be an independent operator right now”
- Customers funds must be withdrawn by May 31
- Some customers might not be aware of closure until they are ready to start playing again come Football season
Another casualty in the beleaguered Daily Fantasy Sports sector this week as Chicago-based SportsLock.com has announced it will cease offering contests for cash effective May 26.
Ballr CEO: ‘Not Cool for a Brand to be Close to a Gambling Brand’
“It’s not cool for a brand to be close to a gambling brand. We are going down fan engagement; if we succeed in getting 50 million people to play our games, to connect with their friends through this special moment of time when they are watching live sport,” Ballr CEO Sam Jones says.
FanDuel Future in Doubt, Auditors Warn
One of Britain’s biggest technology start-ups may not be able to survive the current crackdown on the Daily Fantasy Sports sector.
Daily Fantasy Sports: ‘Click Your Mouse, Lose Your House’, Synchronizing Great With Pornography
Professor claims Daily Fantasy contests are designed to seduce a youth market while utilizing similar marketing techniques as pornography.
Anti-Virus Software Pioneer Sought in Murder of Neighbor Hired by Gaming, DFS Firm
An eccentric multi-millionaire and US Presidential candidate has been hired to work for a social media gaming firm MGT, and his name is not Donald Trump.
John McAfee was best known for developing a popular anti-virus computer software but in recent years made headlines after authorities in Belize announced him as a person of interest in connection to the 2012 murder of his neighbor American expatriate Gregory Viant Faull.
Congress Studying Daily Fantasy Sports at Federal Level Concludes
A hearing to determine a need for regulation of the Daily Fantasy Sports industry at the federal level took place May 11 in Washington, DC and concluded almost exactly a Noon Eastern Standard Time.
Purdum: Expect Broader Conversation on US Sports Betting at Congressional Hearing on DFS
Wednesday’s scheduled Congressional hearing to deal with Daily Fantasy Sports contests will also encompass sports betting in general.
‘Inside Amy Schumer’ Turns Table on Fantasy Sports Players: Real Athletes Mock Bedroom Prowess
Comedy Central’s “Inside Amy Schumer” featured a skit in which a group of NFL players turning the table and looking back at all of us silly Joe and Janes Fantasy Freaks who regular curse them out....
RI Chief of Staff Negotiating DraftKings Legality as Wife Applied for VP Job There
Rhode Island Governor Gina Raimondo’s Chief of Staff Stephen Neuman had been negotiating legislation tied to the fate of Boston-based DraftKings at the very time his wife was interviewing for a job as Vice President of the Daily Fantasy Sports firm.
Rico Action Against DerbyWars Horse Racing Fantasy Gaming Site Dismissed
A California federal judge on Monday dismissed three of the four causes of action in a civil lawsuit filed by tracks owned by The Stronach Group (TSG) against the online fantasy gaming site DerbyWars.
Texas AG Wants DraftKings Lawsuit Moved or Dismissed: Claims DFS Illegal
Texas Attorney General Ken Paxton says he wants a lawsuit filed by DraftKings to be moved to another venue or dismissed entirely.
Daily Fantasy Sports Bill Signed by Tennessee Governor (Update)
Tennessee Governor Bill Haslam signed off on a bill that will make Daily Fantasy Sports in the state legal.
Fantasy Sports Bill Clears in Colorado: Companies Will Have to Pay Fee
Colorado is closer to regulating fantasy online sports leagues. A bill requiring fantasy-sports operators to register with the state passed the House 44-21 Monday.
Fantasy Hub Founder on Closure: Investors Started Fleeing
Fantasy Hub founder Steven Plappert finally broke his silence regarding the abrupt closure of his Louisville startup Daily Fantasy Sports company.
Fast Company: How FanDuel CEO is Fighting Back Against Detractors
One of the best magazines on the planet, Fast Company, features an interview with FanDuel CEO Nigel Eccles in which he insists that his company will survive the regulatory pressure and government skepticism that has plagued the Daily Fantasy Sports sector for the past six months.
Tony Romo Fantasy Football Event Moves to LA After NFL Threatens Players
DALLAS — (Associated Press) - Tony Romo is ready for another attempt at a fantasy football event that organizers say the NFL essentially nixed last year because of plans to hold the fan-centric activities in Las Vegas.
