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Don’t Let The New FanDuel Sports Book Confuse You, DFS Isn’t Gambling

Leaders of an industry that has long claimed it isn’t gambling, are now diving headfirst into New Jersey’s new legal and regulated sports gambling market. A move that comes as little surprise, considering most of what the top daily fantasy sports (DFS) operators said and did while several US states considered regulating that industry, featured a similar kind of hypocrisy.

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6/11/2018

article Scoop: DraftKings raising new money to launch sports betting biz
(New York) -- DraftKings is speaking with investors about raising another $150 million to $200 million in funding, in order to better build out its sports wagering...
article Freeman credits daily fantasy sports for ‘mainstreaming our business’
(Las Vegas) -- Sure, the American Gaming Association helped spread the message about sports gambling, says Geoff Freeman, the organization’s president and chief...

6/8/2018

article A FanDuel Online Casino? It Might Happen In New Jersey After Paddy Power Betfair Deal
(New Jersey) -- Are you ready for a FanDuel online casino in New Jersey? That could be a real thing in the relatively near future. Paddy Power Betfair US CEO Kip Levin...
article Don’t Let The New FanDuel Sports Book Confuse You, DFS Isn’t Gambling
(New Jersey) -- Leaders of an industry that has long claimed it isn’t gambling, are now diving headfirst into New Jersey’s new legal and regulated sports...

6/2/2018

article DraftKings, Atlantic City Casino Strike Sports Betting Deal
(New Jersey) -- One of the nation’s largest daily fantasy sports companies is teaming up with an Atlantic City casino in the latest deal seeking to capitalize on...

6/1/2018

article APNewsBreak: DraftKings, Resorts Casino join on sports bets
(Atlantic City) -- One of the nation’s largest daily fantasy sports companies is teaming up with an Atlantic City casino in the latest deal seeking to capitalize...
article DraftKings and Resorts Casino Team Up To Offer Sports Betting in NJ
(New Jersey) -- Leading daily fantasy sports (DFS) provider DraftKings today revealed a partnership with Atlantic City’s Resorts Casino to offer sports betting...
article DraftKings Announces Deal With Resorts Atlantic City For NJ Sports Betting
(New Jersey) -- Daily fantasy sports leader DraftKings has partnered with Resorts Atlantic City to offer New Jersey sports betting. Under the agreement, DraftKings will...
article DraftKings signs deal with N.J. casino to move into sports betting
(New Jersey) -- Boston-based DraftKings on Friday took a major step into the online gambling business, announcing it has reached an agreement with a casino in New Jersey...
article DraftKings takes 'significant' step toward sports betting with Atlantic City deal
(Atlantic City) -- Boston-based DraftKings Inc. on Friday announced that it will partner with Atlantic City-based Resorts Casino Hotel in its pursuit to get a sports...

5/29/2018

article DraftKings Wants You To Meister This Year’s World Cup
(Worldwide) -- Draft Kings Inc. gets ahead of the competition, quite literally, by partnering with Jägermeister in its “Real Shot” campaign that will let...

5/26/2018

article Don't bet on sports gambling for North Carolina
(North Carolina) -- First down and goal to go. The Carolina Panthers are trying to score a touchdown. Think they'll make it? Your phone buzzes and an alert asks if...
article Jaipur: Fantasy sports company under radar for evading GST
(India) -- The regional unit of Directorate General of Goods and Services Tax Intelligence (DGGI) has detected tax evasion worth crores by a fantasy sports private...

5/24/2018

article FanDuel uses intellectual property to secure debt package
(New York) -- DAILY fantasy sports business FanDuel has used its intellectual property assets to raise a fresh round of debt finance as it waits for its takeover by...
article Paddy Power Betfair to buy controlling stake in FanDuel Incorporated
(New York) -- European online and retail sportsbetting and gaming operator Paddy Power Betfair has announced the signing of a definitive agreement that is to see it...

5/23/2018

article Paddy Power Betfair Announces Acquisiton of FanDuel
(USA) -- Following rumors and non-denials, Paddy Power Betfair (PPB) now has officially announced it has reached a definitive agreement to combine its Betfair US...
article Paddy Power Betfair plc - Combination of Betfair US with FanDuel
(USA) -- Paddy Power Betfair plc (“the Group”) today announces a definitive agreement to combine its US business (“Betfair US”) with FanDuel, a...
article Paddy Power Betfair Purchases Daily Fantasy Sports Site FanDuel
(USA) -- Dublin-based gaming company Paddy Power Betfair announced it had completed an acquisition of daily fantasy sports site FanDuel on Wednesday. The two parties...
article Paddy Power Buys FanDuel in Bid to Dominate Sports Betting
(USA) -- Paddy Power Betfair Plc agreed to take control of the closely held website FanDuel, as the Irish bookmaker seeks to gain from an expected rise in sports betting...

5/16/2018

article Paddy Power Betfair declares interest in FanDuel
(USA) -- UK-based bookmaker business Paddy Power Betfair has announced its interest in expanding its own US operations through an arrangement with FandDuel, the US-based...
article Paddy Power Betfair eyes FanDuel acquisition
(USA) -- Paddy Power Betfair is reportedly closing in on a deal to acquire daily fantasy sports (DFS) operator FanDuel. Citing multiple sources close to the talks, Legal...
article Paddy Power Betfair woos FanDuel for possible merger
(UK) -- Bookmaker Paddy Power Betfair (PPB) is seeking to expand its business in the United States through a possible merger with daily fantasy sports giant FanDuel.
press release The Pennsylvania Gaming Control Board Announces Receipt of Additional Fantasy Sports Contests Operator Applications
(Pennsylvania) -- The Pennsylvania Gaming Control Board announced today that it has received applications from four additional companies to operate Fantasy Sports...

5/15/2018

article Paddy Power Betfair Close to Buying FanDuel-Report
(USA) -- British bookmaker Paddy Power Betfair Plc is close to buying U.S. daily fantasy sports company FanDuel, according to a report on Tuesday by the Legal Sports...
article Sources: Paddy Power Betfair Close To Acquiring Fantasy Sports Site FanDuel
(USA) -- Multiple sources indicated to Legal Sports Report that sports betting and gaming company Paddy Power Betfair is close to acquiring daily fantasy sports site...

5/13/2018

article Why 1 Vegas casino is already paying out bets on Warriors
(Nevada) -- If you placed a bet on the Golden State Warriors to win in the Western Conference finals, you’ve already won some cash. Well, that is if you bet at the...

5/12/2018

article Fantasy Sports Is Close To Being Legalized In Louisiana
(Louisiana) -- Did you know most Fantasy Football is illegal in Louisiana? All of those Draft Kings and FanDuel commercials have been pushing illegal activity for...
article Louisiana fantasy sports legislation nearing final passage
(Louisiana) -- Louisiana folks who want to engage in fantasy sports playing are one signature away from it. The Senate cleared a bill that gives voters in each parish...
article Coming to a Network Pregame Show Near You — Point Spreads?!
(USA) -- Supply follows demand. That truism has certainly held true with fantasy sports, and particularly, fantasy football. In the event of a full repeal of PASPA in...

5/10/2018

article Louisiana Legalizes Daily Fantasy Sports – But There’s a Catch
(Louisiana) -- The Louisiana legislature has voted to legalize daily fantasy sports. The State Senate on Wednesday approved the state’s DFS legislation by 21-15,...

5/9/2018

article Louisiana Legislature passes measure that could legalize fantasy sports apps
(Louisiana) -- The Louisiana Legislature has approved a bill that could lead to fantasy sports games played on the internet and smartphones -- such as DraftKings and...
article FanDuel outlines sports betting plans in US
(New York) -- FanDuel has revealed its intentions to expand into sports betting should the US Supreme Court overturn the 1992 Professional and Amateur Sports Protection...

5/7/2018

article FanDuel CEO: ‘We Would Get Into Sports Betting’ If NJ Wins Supreme Court Case
(New York) -- DraftKings and FanDuel spent many dollars and much time arguing that their products are games of skill, not chance. Now it appears both daily fantasy...
article FanDuel? DraftKings? Not in Arizona, where participation in DFS sites remains illegal
(Arizona) -- The opportunity to play the role of virtual general manager is enticing to sports fans, especially when money is involved. In Arizona, those opportunities...

5/3/2018

article Study finds daily fantasy sports requires skill
(USA) -- A study led by a professor at Kansas State University has concluded that daily fantasy sports (DFS) is not a simple game of chance, but requires a great amount...
article Daily Fantasy Sports Contests Officially Legal in Pennsylvania, Eight Operators Enter Licensed Market
(Pennsylvania) -- Daily fantasy sports contests are legal in Pennsylvania. In fact, they have been since last Saturday, according to announcement this week by the...
article Daily Fantasy Sports Officially Legal in Pennsylvania
(Pennsylvania) -- It may not yet be legal to place a sports bet in Pennsylvania, but you can now get a stake in the outcome of sporting events via daily fantasy sports.

5/2/2018

article Study finds daily fantasy sports requires skill
(Kansas) -- A study led by a professor at Kansas State University has concluded that daily fantasy sports (DFS) is not a simple game of chance, but requires a great...

5/1/2018

article Adults can now legally gamble on fantasy sports in Pennsylvania
(Pennsylvania) -- Saquon Barkley last week became the Lehigh Valley’s highest-drafted football player in nearly 70 years. Since then sports pundits have gone back...
article Adults can now legally gamble on fantasy sports in Pennsylvania
(Pennsylvania) -- Saquon Barkley last week became the Lehigh Valley’s highest-drafted football player in nearly 70 years. Since then sports pundits have gone back...
article Daily fantasy sports operators taxed at 15 per cent in Pennsylvania
(Pennsylvania) -- Daily fantasy sports have gone legal in Pennsylvania, with six online operators offering wagers that are being taxed at 15 per cent.
article Pennsylvania starts taxing, regulating online fantasy sports
(Pennsylvania) -- Six online fantasy sports game operators are now offering wagers that are regulated and taxed by Pennsylvania. The Pennsylvania Gaming Control Board...
article Academic Study Says Daily Fantasy Sports is Skill Not Gambling
(Kansas) -- Daily fantasy sports are not games of chance, says a new study by a Kansas State University professor, soon to be published in full in the Journal of Sports...
article Fantasy sports gambling apps, like DraftKings, are one step closer to being legal in Louisiana
(Louisiana) -- After years of failing to get traction in the Louisiana Legislature, fantasy sports gambling games -- such as DraftKings and FanDuel -- are getting closer...

4/30/2018

article Daily Fantasy Contests ‘Are Not Games of Chance,’ Researchers Conclude After Losing Every Contest They Enter
(Internet) -- A soon-to-be-published academic study seeks to address the question that dominated gaming headlines in late 2015 and early 2016: Does daily fantasy sports...
article Massachusetts Working To Make DFS Permanently Legal
(Massachusetts) -- In 2016, daily fantasy laws were created in the state of Massachusetts that legalized the activity, but only for a certain length of time. A sunset...

4/28/2018

article Nets See Asia a Potential Target Market in Sports Betting
(New York) -- According to the Sports Business Journal, Asia is an important market when it comes to sports betting. In line with that, Brett Yormark, CEO of Brooklyn...

4/25/2018

article FanDuel Rolls Out NASCAR Fantasy Contests; Former CEO Said It ‘Resembles Sports Betting'
(USA) -- Here comes a NASCAR fantasy game at FanDuel, a right-turn move in the world of lefts for the DFS operator. FanDuel Fantasy NASCAR opens this weekend for the...
article FanDuel cofounder Lesley Eccles gears up for new tech launch
(Ireland) -- FANDUEL cofounder Lesley Eccles is gearing up to launch a new technology start-up that, like FanDuel, will have a presence on both sides of the Atlantic....

4/21/2018

article Formula One moves into the Fantasy Sports arena
(Ireland) -- Formula One officially launched on Thursday its Fantasy F1 online game in partnership with Dublin-based International entertainment company PlayON. Formula...
article Global Daily Fantasy Sports Incorporated awarded Malta license
(Canada) -- Canadian daily fantasy sports software supplier Global Daily Fantasy Sports Incorporated has announced that it has received a business-to-business controlled...
article Justices to weigh how right to publicity affects fantasy sports
(Indiana) -- The Indiana Supreme Court has agreed to consider how Indiana’s right-to-publicity statute affects the fantasy sports industry in order to provide...

4/20/2018

article Report: MLB, NBA divesting from daily fantasy sports
(USA) -- Major League Baseball and the NBA are in discussions to divest from daily fantasy sports, but will continue to partner with DraftKings and FanDuel, respectively...
article Formula 1 acquires stake in Irish fantasy sports platform PlayON
(Ireland) -- Formula 1 investment gives Dublin-based PlayON plenty of room to vroom in a growing market. Motor sports giant Formula 1 has acquired a stake in Irish...
article Formula One enters fantasy sports through PlayON strategic partnership
(Ireland) -- Formula One, the world's highest-profile auto racing competition, has agreed a strategic partnership with daily fantasy sports (DFS) provider PlayON.
article Global Daily Fantasy Sports targets B2B growth with Malta licence
(Malta) -- Toronto-listed Global Daily Fantasy Sports (GDFS) has secured a licence from the Malta Gaming Authority (MGA). The daily fantasy sports (DFS) software...

4/19/2018

article Online DFS Bill Proceeds to Louisiana Senate for Consideration
(Louisiana) -- This week saw the Louisiana House of Representatives vote 67 to 23 to legalize online daily fantasy sports (DFS) games in the state. The proposed piece of...
article Some Daily Fantasy Sports Sites Now Accept PayPal
(USA) -- If you bet online, odds are you have a PayPal account (pun intended). It is one of the easiest ways to make withdrawals and deposits since a transfer can be...
article Fantasy Gaming Startup Dream11 Looks To Raise $100 Mn From Tencent
(India) -- Mumbai-based fantasy gaming startup Dream11 is looking to raise $100 Mn from Chinese Internet conglomerate Tencent, following the latter’s interest in...

4/18/2018

article Louisiana House votes to allow fantasy sports gambling apps like DraftKings
(Louisiana) -- The Louisiana House of Representatives voted 67-23 Tuesday (April 17) to allow fantasy sports games like DraftKings and FanDuel, typically played on...
article The world's biggest daily fantasy sports company DraftKings is off and running in Australia
(Australia) -- Controversial daily fantasy sports company DraftKings is off and running in Australia after it was granted a government license by the Northern Territory...

4/17/2018

article DraftKings gets all-clear to bring fantasy sports down under
(Australia) -- DraftKings CEO Jason Robins’ plan of expanding his business to Australia is no longer a fantasy. DraftKings gets all-clear to bring fantasy sports...
article DraftKings Heading Down Under, Will Launch In Australia In Q2
(Australia) -- DraftKings continued its plan to take daily fantasy sports to more markets, announcing on Tuesday its plans to launch in Australia in the near future.
article Yahoo Set To Exit UK Daily Fantasy Sports Market
(UK) -- The UK daily fantasy sports market is contracting again. This morning, Yahoo DFS players in Europe woke up to an unwanted e-mail. Effective May 14, the company...

4/15/2018

article ASX listing issues hit once Turnbull-backed PlayUp
(Australia) -- PlayUp, a fantasy sports gambling outfit previously backed by the family of Prime Minister Malcolm Turnbull, is hoping to raise $US40 million ($51.5...

4/13/2018

article DraftKings, FanDuel in Settlement Talks Over Consumer Class Actions
(Massachusetts) -- Lawyers have asked a federal judge to halt consumer class actions against sports betting sites DraftKings Inc. and FanDuel Inc. while they hash out a...

4/12/2018

article Crownbet hands Draftstars off to PlayUp
(Australia) -- The daily fantasy sports (DFS) shuffle continues. Draftstars, a DFS platform created in 2015 by Australia’s CrownBet and Matt Tripp, has changed...

4/11/2018

article Bill allowing for legalized fantasy sports advances at Louisiana capitol
(Louisiana) -- A Louisiana House committee advanced a bill Wednesday that could pave the way for legalized fantasy sports gambling in Louisiana. Sponsored by Rep. Kirk...
article House moves toward allowing voters to decide whether to regulate fantasy sports betting
(Louisiana) -- Louisiana voters may get a say in whether they want to allow in a subset of fantasy sport games that lets players compete against each other for cash...

4/3/2018

article DraftKings CEO Jason Robins Regrets Nothing
(Massachusetts) -- He fearlessly defeated half a dozen attorneys general and the federal government on his way to building a billion-dollar startup and the most powerful...
article Which AC Casino Is DraftKings Likely To Partner With On NJ Sports Betting?
(Atlantic City) -- Obviously, an official ruling from the US Supreme Court is what separates New Jersey — and the rest of the country — from legalized sports...

4/2/2018

article DraftKings, Awaiting Ruling On Betting, Contacts N.J. Casinos [sub req]
(New Jersey) -- The U.S. Supreme Court's ruling on sports gambling "could come" as early as this week, and DraftKings said that it has "contacted...

4/1/2018

article How DraftKings is prepping for the Supreme Court's sports betting decision
(New York) -- The Supreme Court is expected to soon decide if New Jersey can legalize gambling. But the case ismuch bigger than the Garden State, and the sports world...

3/30/2018

article Seventh Circuit Punts Publicity Rights Dispute
(Indiana) -- The U.S. Court of Appeals for the Seventh Circuit recently turned to the Indiana Supreme Court for guidance on the issue of publicity rights in a case...

3/29/2018

article How DraftKings is prepping for the Supreme Court's sports betting decision
(USA) -- The Supreme Court is expected to soon decide if New Jersey can legalize gambling. But the case is much bigger than the Garden State, and the sports world knows...

3/19/2018

article Alabama Fantasy Sports Bill Dies Yet Again; DraftKings, FanDuel Remain Out Of State
(Alabama) -- The latest attempt to legalize daily fantasy sports in Alabama ended quietly last week in the state’s legislature. Alabama’s Senate declined to...

3/16/2018

article DONOGHUE: Should Massachusetts permanently legalize sports fantasy betting and impose a tax on it?
(Massachusetts) -- More people are playing daily fantasy sports, which has become an exciting new part of our innovation economy. It flourishes worldwide, with 59...

3/15/2018

article Alabama Senate Turns Down DFS Legislation Attempt without Voting
(Alabama) -- It seems that the state of Alabama will not see a piece of Daily Fantasy Sports (DFS) legislation rolled out any time soon. Despite the nation-wide positive...

3/12/2018

article Expected Indiana Sup. Ct. decision over fantasy sports sites' use of real-life athletes' images 'one to watch'
(Indiana) -- Whether fantasy sports companies may use players' likenesses without their permission, a question now before both Chicago's federal appeals court...

3/11/2018

article Fantasy sports site FanDuel in talks to go public
(New York) -- FanDuel is in advanced talks to go public, but not via an IPO. The plan: Multiple sources tell Axios that the fantasy sports site is likely to participate...

3/10/2018

article License Applications for Fantasy Sports Contests Operators Available
(Pennsylvania) -- The Pennsylvania Gaming Control Board announced that license applications for entities interested in offering fantasy sports contests are available....
article Mass. Gov's $610M Bill Extends Fantasy Sports Gaming [sub req]
(Massachusetts) -- Massachusetts Gov. Charlie Baker released a new economic development framework and legislation Friday that commits $610 million to various...

3/8/2018

article FanDuel, DraftKings File Motion To Dismiss Illinois Fantasy Sports Court Case… That They Started
(USA) -- What’s new in Illinois DFS? The companies have had an active case dating back to 2015, related to an opinion from Attorney General Lisa Madigan that said...
article Fantasy sports site FanDuel in talks to go public
(USA) -- FanDuel is in advanced talks to go public, but not via an IPO. The plan: Multiple sources tell Axios that the fantasy sports site is likely to participate in a...
article Kaplan: How a 'really big fantasy baseball nerd' became Jeff Luhnow's right-hand man (sub req)
(USA) -- Before he helped assemble a World Series winner, roster construction was Brandon Taubman's side gig. In his previous life as an analyst for Barclays...

3/5/2018

article Louisiana Fantasy Sports Bill Resurfaces; DFS Currently Considered Illegal In State
(Louisiana) -- Louisiana has added a fantasy sports bill to a table full of new gambling proposals. Rep. Kirk Talbot introduced H 484 this week, aiming to exclude paid-...

3/3/2018

article Upcoming sports gambling decision could drive online fantasy industry to expand
(New Jersey) -- The popularity of fantasy sports leagues has seen dramatic growth on the internet. Now, an approaching Supreme Court case deciding the legality of sports...

2/28/2018

article Bill to allow fantasy sports in Alabama advances
(Alabama) -- A bill to allow online fantasy sports companies to offer games to Alabama players won approval today in an Alabama Senate committee. Former Attorney General...

2/27/2018

article Daily fantasy sports resurfaces in Alabama: Model legislation, or political firecracker?
(Alabama) -- Alabama could be on the verge of enacting a "model" law setting out rules for online fantasy sports gaming. That's the opinion of a legal...
article DraftKings Prepares Pivot To Sports Betting, Hiring Head Of Sportsbook
(Massachusetts) -- The Professional and Amateur Sports Protection Act of 1992 currently stands in the way of DraftKings offering people within the U.S. a form of...

2/26/2018

article DraftKings Hires ‘Head Of Sportsbook’ To Launch Fantasy Site’s Sports Betting Aspirations
(Massachusetts) -- Daily fantasy sports operator DraftKings has hired a “Head of Sportsbook” to deal with its aspirations in the sports betting space, the...
article DraftKings Officially Preparing Sports Betting Vertical, Hires Sportsbook Director
(Massachusetts) -- What’s been long speculated is now confirmed: Daily fantasy sports frontrunner DraftKings is seeking to enter the legal sports betting business...

2/23/2018

article VIDEO: DraftKings CEO: Sports betting a big market; time for it to come into...
(Massachusetts) -- DraftKings CEO Jason Robins discusses the future of sports gambling in the US with CNBC's Eric Chemi.
article 7th Circ. May Call On Indiana In Fantasy NCAA Athlete Row [sub req]
(Washington D.C.) -- Two Seventh Circuit judges considering whether to revive a proposed class action against DraftKings and FanDuel over their use of college athletes...
article Should Massachusetts permanently legalize and impose a tax on sports fantasy betting?
(Massachusetts) -- Daily fantasy sports has become a growing part of people’s pastimes and an exciting new part of our innovation economy. It flourishes worldwide...

2/19/2018

article Dallas judge says Tony Romo's loss to NFL in fantasy football case at center of effort to unseat him
(Texas) -- Two lawyers representing a business backed by Tony Romo sat shoulder-to-shoulder in a Dallas appeals court. A lower court judge had thrown out their case...

2/18/2018

article Money Manners: Husband justifies fantasy sports betting by saying it's a game of skill
(Arizona) -- Dear Jeanne & Leonard: My husband lost a lot of money betting on football games last year. So for New Year’s, he promised to give up gambling. Now...

2/16/2018

article Daily Fantasy Sports Under Massachusetts Regulation
(Massachusetts) -- Daily Fantasy Sports temporary permits will be expiring soon in Massachusetts and lawmakers are unsure if a permanent option will be available for...

2/15/2018

article Lawmakers debate Sen. Donoghue bill to legalize fantasy sports gambling
(Massachusetts) -- The sun is setting on the temporary legalization of daily fantasy sports gaming, and Sen. Eileen Donoghue is hoping to permanently regulate what she...
article DFS Heavyweights DraftKings and FanDuel Packing Less Punch, as Sports Betting Opinions Change
(New York) -- DraftKings and FanDuel, the two online daily fantasy sports (DFS) platforms that took 97 percent of the bets placed on the contests in 2017, are struggling...

2/14/2018

article Lawmakers debate permanently legalizing daily fantasy sports in Mass.
(Massachusetts) -- Daily fantasy sports gaming would be permanently legalized under a proposal aired before a legislative committee Wednesday. With a July deadline...
article Massachusetts Legislature Takes Up Bill To Tax, Regulate Fantasy Sports
(Massachusetts) -- Lawmakers in Massachusetts are weighing a bill to regulate and tax daily fantasy sports operators. The legislation would impose a 15 percent tax on...
article Senator eyes 15 percent tax as part of fantasy sports regulation
(Massachusetts) -- If regulated correctly, the daily fantasy sports world could be a boon to the state's coffers, an opportunity for economic development and job...
article OP/ED: Former Investment Darlings DraftKings And FanDuel Are Struggling To Grow
(New York) -- Is the market for salary-cap daily fantasy sports (DFS) players more or less tapped? "It’s difficult to imagine a customer that DraftKings or...

2/12/2018

article Online Gambling May Be Taxed
(Massachusetts) -- A public hearing is set for a proposal that would regulate and tax daily fantasy sports operators in Massachusetts. The bill would impose a 15 percent...

2/11/2018

article Lawmakers weigh bill to regulate, tax fantasy sports
(Massachusetts) -- A public hearing is set for a proposal that would regulate and tax daily fantasy sports operators in Massachusetts. The bill would impose a 15 percent...

2/2/2018

article DraftKings Will ‘Go After’ Sports Betting, says CEO
(USA) -- It’s official: a DraftKings’ sports betting platform will happen if the US Supreme Court strikes down the federal ban later this year. CEO Jason...

2/1/2018

article DraftKings sees opening with legal sports betting on horizon
(Massachusetts) -- With its foothold in fantasy sports, DraftKings couldn’t bear to sit out another Super Bowl. So the company branched off from the full-slate,...

1/29/2018

article Massachusetts Could Impose Some of the Highest DFS Taxes in the US
(Massachusetts) -- The state of Massachusetts has been considering daily fantasy sports (DFS) regulation for some time now, especially considering the fact that their...

1/26/2018

article Massachusetts to Tax Fantasy Sports?
(Massachusetts) -- New omnibus gaming legislation has been introduced to the Massachusetts State Senate which, if enacted, will significantly affect fantasy sports...

1/23/2018

article Lawmakers consider 15 percent tax on daily fantasy sports
(Massachusetts) -- Massachusetts lawmakers are considering taxing daily fantasy sports operators like Boston's DraftKings. State Sen. Eileen Donoghue has introduced...
article Fantasy sports bill moves along in House
(Florida) -- The House panel charged with handling gambling issues unanimously OK’d a bill to exempt fantasy sports play from state gambling regulation. The House...

1/18/2018

article Ex-N.J. Gov. Chris Christie visits DraftKings in Boston
(Massachusetts) -- Chris Christie, whose last day in office was Tuesday, today traveled to Boston and paid a visit to local daily fantasy sports giant DraftKings.

1/17/2018

article Fantasy game regulation bill gets three hours debate, filibuster
(Nebraska) -- Nebraska senators spent three hours debating a bill Tuesday and Wednesday that would designate how online fantasy contest operators are to be licensed and...
article Opponents block vote on senator's proposal to regulate fantasy sports contests
(Nebraska) -- A bill to regulate the daily fantasy sports industry remained in limbo Wednesday after opponents blocked a vote on the measure in the Nebraska Legislature.
article Gambling Laws Created Daily Fantasy Sports. Now It Could Cripple Them
(USA) -- Over the last half decade, FanDuel and DraftKings, the two giants of daily fantasy sports, have raised more than $1 billion in venture funding, deluged the...
article Industry-Backed Fantasy Sports Bill Under Consideration in Nebraska
(Nebraska) -- Lawmakers in Nebraska are debating the merits of a bill that would add new regulations to daily fantasy sports sites, a move that is supported by industry...

1/16/2018

article Nebraska lawmakers begin debate on fantasy sports bill
(Nebraska) -- Nebraska lawmakers kicked off debate Tuesday on an industry-backed bill that would impose new regulations on fantasy sports websites, which critics see as...

1/15/2018

article DraftKings to increase workforce by 75 percent; relocating to new Boston headquarters
(Massachusetts) -- Boston-based daily fantasy sports contest provider, DraftKings, Inc., recently announced that it has embarked upon an aggressive hiring campaign that...

1/14/2018

article THE ONION: Man Who Spent 300 Hours Playing Fantasy Football This Year Rewarded With $30 Second-Place Payout
(New York) -- Having barely lost in the championship game against his former college roommate, local 28-year-old Tim Beaumont, a man who spent roughly 300 hours playing...

1/13/2018

article DraftKings hiring about 300 new workers and opening new HQ
(Massachusetts) -- The daily fantasy sports company DraftKings is expanding. The Boston-based company said Thursday it'll hire about 300 new workers by mid-2019,...

1/12/2018

article DraftKings begins massive recruitment and growth drive
(Massachusetts) -- American daily fantasy sports heavyweight DraftKings has announced its intention to begin an “aggressive hiring campaign” that will see...
article New fantasy sports game revives sports betting concerns
(USA) -- A new daily fantasy sports game that lets users hone in on a single NFL playoff game has some gambling experts wondering if the contest inches the industry...
article Online fantasy sports raise more than $3M for New York state
(New York) -- Companies that run daily fantasy sports games contributed more than $3 million to New York state coffers last year, the first year after lawmakers approved...

1/11/2018

article Daily Fantasy Sports Revenue Fails Rising to New York’s Expectations
(New York) -- The fantasy sports industry is undoubtedly a rapidly-growing business that constantly needs to innovate in order to attract the attention of new players....
article OZY Poll: Old-School Gambling Beats Out Fantasy Football
(Las Vegas) -- When you think about sports betting, what image comes to mind? For some, it’s hordes of beer-soaked gentlemen tossing suds and winning tickets into...

1/7/2018

article DraftKings is testing a fantasy contest focused on a single NFL game
(USA) -- A few days ago DraftKings announced an NFL product called Showdown, which lets you play in a fantasy football contest centered around just a single football...

1/2/2018

article FanDuel to offer Bitcoins as prizes in NFL tournaments for Wild-Card weekend
(USA) -- The cryptocurrency craze is crashing the daily fantasy sports craze. FanDuel, the popular daily fantasy sports site, will experiment in offering Bitcoins as...

12/30/2017

article Daily Fantasy Sports in 2017: How DraftKings, FanDuel, and Everyone Else Rode the Coaster
(Delaware) -- In 2017, the daily fantasy sports industry, specifically market leaders DraftKings and FanDuel, experienced a ride as good as any at a major amusement park...

12/28/2017

article Ohio Becomes 18th State to Legalize Fantasy Sports
(Ohio) -- Last Friday, Ohio became the 18th state to legalize daily fantasy sports after Governor John Kasich gave his final approval to House Bill 132. The piece of...
article When It Comes To DFS Marketing, No Partnership Is Off The Table
(USA) -- The momentum for legalized sports betting is seemingly building toward a crescendo amid the U.S. Supreme Court hearing arguments in Christie vs. NCAA this month...

12/27/2017

article Five Stories To Watch In Sports Betting And Daily Fantasy Sports For 2018
(USA) -- In reality, one story in the sports betting and daily fantasy sports space is far more important than all the others in 2018: the verdict in the New Jersey...

12/26/2017

article Ohio Gambling Commission To Oversee Daily Fantasy Sports
(Ohio) -- Ohio is the latest state in the country to approve legislation to legalize and provide some regulation of daily fantasy sports sites. The move comes as the U.S...
article Fantasy Sports Companies Will Pay Annual Fee Under New Regulatory Framework
(Vermont) -- The Scott Administration has signed off on a regulatory structure for fantasy sports companies in Vermont. During the last legislative session lawmakers...

12/25/2017

article Ohio Governor John Kasich signs DFS bill into law
(Ohio) -- Ohio became the 18th state in the US to enact a daily fantasy sports law last week when Governor John Kasich signed House bill 132 into law. The bill was sent...

12/22/2017

article Fantasy sports betting now legal in Ohio, subject to regulation
(Ohio) -- Ohio Gov. John Kasich on Friday signed into law a bill legalizing fantasy sports gambling and giving the Ohio Casino Control Commission the authority to...
article Kasich signs bill to legalize fantasy sport gambling
(Ohio) -- Governor John Kasich signed a bill legalizing fantasy sports gambling on Friday. Millions of people play daily fantasy sports online every day and some win a...
article Fantasy sports sites may have to pay up
(Michigan) -- Michigan could join 16 states in regulating fantasy sports that offer cash prizes. Bills that have been approved in committee seek to clarify fantasy...

12/19/2017

article Report: Disney Won’t Invest In DraftKings, Which Gets Exclusive ESPN Deal; Fox Deal Reported, In Trouble?
(New York) -- According to a media report, the proposed investment deal between DraftKings and Disney worth $250 million is off. At the same time, DraftKings will become...

12/12/2017

article Fantasy Sports Site FanDuel Lays Off Some Employees Following Departure Of CEO
(New York) -- Daily fantasy sports site FanDuel went through a round of layoffs this week, as the site continues to adjust to the new economics of the space.

12/11/2017

article The way forward – How the daily fantasy sports industry can flourish
(USA) -- I admit it – the first two articles of this series were downers. I discussed how the daily fantasy sports industry prioritized the wrong metrics and how...
article Obscure Florida law prompts need for fantasy sports legislation
(Florida) -- Fantasy sports advocates have said their hobby is a game of skill and shouldn’t be considered gambling. There’s one sticking point with that...
article Oulala Expands Its Daily Fantasy Sports Reach In Europe, Africa And India
(UK) -- European fantasy sports provider Oulala is beginning to establish a global presence. Over the last couple weeks, it has announced several major business-to-...

12/10/2017

article Regardless of a SCOTUS Decision, Iowa Lawmakers Feel Enough Support to Act on Fantasy Sports Legislation
(Iowa) -- This week, the Supreme Court of the United States (SCOTUS) heard a case challenging the 1992 Professional and Amateur Sports Protection Act (PASPA), which bans...

12/9/2017

article What Is Daily Fantasy Sports And Why Is Everyone So Obsessed With It?
(USA) -- I’m not really a sports person. That doesn’t mean I’m not an outdoor person. In fact, I love to travel. If you visited me in the summer, you...

12/6/2017

article Legalizing fantasy sports contests approved by Ohio lawmakers
(Ohio) -- A law that would legalize fantasy sports contests in Ohio was approved Tuesday by state legislators and will be sent to Gov. John Kasich for his signature.
article Ohio lawmakers seek to legalize fantasy sports and add protection
(Ohio) -- Sunday is synonymous with several things, football being one of them; fans eagerly checking their televisions, computers, or phones for the latest scores and...
article Missouri close to licensing sports fantasy websites under new law
(Missouri) -- Missouri could issue its first licenses to fantasy sports websites FanDuel and others this week under a 2016 consumer protection law passed by the...
article Innovations in fantasy sports keep the dream alive
(USA) -- While newspapers, sports journalists, and some in the legal trades have been arguing that fantasy sports will die “soon”, the truth has gone in very...

12/5/2017

article Kasich to decide if Ohio will legalize fantasy sports betting
(Ohio) -- On Tuesday, the Ohio House voted 86-3 to let the Ohio Casino Control Commission regulate fantasy sports betting. The vote now sends the bill to Gov. John...

12/4/2017

article Missouri close to licensing sports fantasy websites under new law
(Missouri) -- Missouri could issue its first licenses to fantasy sports websites FanDuel and others this week under a 2016 consumer protection law passed by the...

11/29/2017

article Lawmakers vote to expressly legalize fantasy sports games
(Ohio) -- A bill likely to reach Gov. John Kasich’s desk before year’s end would regulate for the first time in Ohio for-profit fantasy sports operations...
article Republican-Led Senate Okays Bill To Legalize Online Gaming, Over Objections Of Some Republicans
(Ohio) -- Sen. Dave Burke (R-Marysville) spoke for the bill, saying it will legalize and regulate an activity for people who can pick sports winners. “I don’...

11/28/2017

article ESPN's big bet on Fantasy
(USA) -- ESPN Fantasy sports app is driving a massive chunk of the network's digital traffic, and Disney executives are looking to replicate that success for other...
article How the daily fantasy sports industry almost killed itself (and why it still might)
(USA) -- As I approach nearly three years in the daily fantasy sports industry, I’m introspective. DFS has risen. And fallen. Its legality has been scrutinized....

11/22/2017

article Nigel Eccles leaves FanDuel after eight years at the helm
(New York) -- After co-founding FanDuel in 2009 before helping to grow the enterprise into the world’s second largest daily fantasy sports operator in terms of...

11/21/2017

article FanDuel CEO and co-founder Nigel Eccles is leaving to start an eSports company
(New York) -- FanDuel CEO and co-founder Nigel Eccles is leaving the company and stepping down from its board, where he was chairman. Eccles, who’s been CEO since...
article FanDuel CEO, co-founder Eccles leaves fantasy sports site
(New York) -- FanDuel CEO Nigel Eccles is leaving the daily fantasy sports site he co-founded in 2009, just months after the site failed to merge with rival DraftKings....

11/20/2017

article FanDuel CEO Eccles Leaving Daily Fantasy Sports Company
(New York) -- FanDuel CEO Nigel Eccles is leaving the company, according to a press release from the DFS operator, “to focus on his next venture.” That next...
article FanDuel CEO Is Moving Into Esports Realm
(New York) -- The CEO of the company that helped create the daily fantasy sports industry is moving on to pursue opportunities in esports.
press release Matt King appointed CEO of FanDuel
(New York) -- FanDuel today announced that the Chief Executive Officer, Nigel Eccles, who co-founded the company in 2009 redefining the fantasy sports industry, is...

11/18/2017

article Lawyer on DraftKings, FanDuel: 'It looks like betting'
(UK) -- Next year may bring major changes in American gambling law, thanks to Christie et al vs NCAA et al, a long-lingering case that the U.S. Supreme Court will hear...

11/15/2017

article Connecticut Takes Major Step Towards Fantasy Sports Legalization
(Connecticut) -- After months of struggling under the weight of competing interests, Connecticut’s Governor recently signed into law a State budget that includes...

11/13/2017

article MSG flushes integrity, credibility down toilet with DraftKings deal
(New York) -- Permit me to draw your attention to something you should ignore: Tonight, as the Knicks play Cleveland on MSG Network, MSG+ will show the game as previewed...

11/10/2017

article DFS Stays Mostly The Same In PA, But Don’t Rule Out Future DraftKings Sports Book
(Pennsylvania) -- Pennsylvania daily fantasy sports (DFS) enthusiasts can breathe easy. Their pastime is expressly legal in the Keystone State as of Oct. 30. Gov. Tom...

11/8/2017

article Why fantasy football is considered as skill based game?
(USA) -- Fantasy football is a game based on strong predictions of undetermined performances of real professional players. Some call it ‘the game of chance’...

11/7/2017

article DraftKings Adds Actual Sports With EuroLeague Basketball Deal
(Europe) -- Fantasy sports giant DraftKings will live-stream top-level European professional basketball this winter, joining Twitter, Facebook, Yahoo and a slew of...
article DraftKings Hints At Becoming A Legal US Sportsbook Down The Road: How Exactly Would That Work?
(USA) -- DraftKings CEO Jason Robins at least hinted at the idea that his daily fantasy sports company could eventually take a look at being a part of a future legal...
article Why DraftKings' partnership with EuroLeague Basketball might matter more than you think
(USA) -- Boston-based DraftKings Inc. announced on Tuesday that users in the U.S. and Canada will soon be able to watch live EuroLeague Basketball games right within the...
article LEGAL BLOG: Fantasy Sports Opinion Letters: A Necessity For Every Fantasy Sports Operator
(USA) -- Although the proposed merger between FanDuel and DraftKings (the two largest daily fantasy sports service providers) was recently called off, the fantasy sports...

11/6/2017

article Daily Fantasy Sports Bill Introduced in Florida
(Florida) -- The Florida Senate Regulated Industries Committee is considering a bill to redefine daily fantasy sports (DFS) competitions as games of skill, thus...
article FanDuel’s New Campaign With ESPN’s Adam Schefter Blurs Line Between Advertising And Content
(USA) -- In the wake of recent rake increases, some daily fantasy sports players called on operators to streamline their costs. DraftKings meanwhile rolled out another...

11/4/2017

article Daily fantasy sports tucked into approved state budget
(Connecticut) -- A provision buried deep in the two-year budget Gov. Dannel P. Malloy signed last week — Section 649, to be exact — calls for the...

11/1/2017

article Conn. OKs Daily Fantasy Sports As Pa. Opens Up Betting Path
(Connecticut) -- Connecticut Gov. Dannel Malloy on Tuesday signed off on a budget plan containing provisions allowing daily fantasy sports contests in the state, just...
article Connecticut’s Governor Signs Budget With Daily Fantasy Sports Regulation; Still Needs Tribal Approval
(Connecticut) -- Connecticut just about completed the New England sweep for daily fantasy sports laws, after all. After months of struggling to come up with a budget...
article Ex-Morgan Stanley Broker Suspended over Fantasy Sports Biz
(Michigan) -- The Financial Industry Regulatory Authority suspended a former Morgan Stanley broker in Birmingham, Mich., for seven months and fined him $10,000 for...

10/31/2017

article Add Another Win For DraftKings, FanDuel: PA Becomes 17th State To Enact Daily Fantasy Sports Law
(Pennsylvania) -- Another day, another legislative win for the daily fantasy sports industry, or at least for the lobbying effort led by DraftKings and FanDuel....

10/27/2017

article Fantasy sports websites may have to pay for state license
(Michigan) -- Michigan could join 16 states in regulating fantasy sports that offer cash prizes. Bills that have been approved in committee seek to clarify fantasy...

10/19/2017

article How Much Money Did DraftKings, FanDuel And The DFS Industry Make In The Past Year?
(New York) -- $327,326,945. That’s how much revenue the daily fantasy sports industry in made in the past year, starting in September of 2016 and ending in August...

10/18/2017

article DraftKings, FanDuel Miss Legal Sweep Of New England; Fantasy Sports Out Of Latest Connecticut Budget
(Connecticut) -- DraftKings and FanDuel almost had what amounts to legal clarity in every state in New England. But daily fantasy sports legalization looks to be off the...

10/14/2017

article Problems For FanDuel: Audit Questions Daily Fantasy Company’s Ability To Raise Money Amid Financial Struggles
(UK) -- The future of daily fantasy sports site FanDuel has been cast into doubt after results posted with the UK’s Companies House showed the operator’s...

10/11/2017

article LEGAL BLOG: Court Holds That Fantasy Sports Companies Did Not Violate Players' Rights By Using Their Names And Likenesses
(Indiana) -- On September 29, 2017, the United States District Court for the Southern District of Indiana (Walton Pratt, J.) issued a decision dismissing claims by three...

10/9/2017

article No, Fantasy Football Does Not Ruin Football. It Makes It Better
(USA) -- Fantasy football is getting a bad rap in the media this week, from jerks on Twitter harassing players to know-nothing columns deriding the game millions play...
article DraftKings to test the Irish market
(Ireland) -- Daily fantasy sports giant DraftKings will test the unpredictable Irish market as it seeks to find fresh revenues beyond the U.S. border.

10/6/2017

article Florida lawmakers push for DFS legalisation
(Florida) -- Florida lawmakers are once again trying to legalise daily fantasy sports (DFS) in the state. As local news revealed, two Republican lawmakers introduced the...
article NBA Rolls Out More Fantasy Sports Integration And ‘Official’ Fantasy Scoring
(New York) -- The NBA announced a number of fantasy sports integrations for the upcoming season, including the unveiling of “Official NBA Fantasy Scoring.”...

10/5/2017

article DraftKings and FanDuel win lawsuit
(USA) -- The biggest daily fantasy sports (DFS) operators in the United States, DraftKings and FanDuel, won a US$5 million action lawsuit against three college football...

10/4/2017

article Florida lawmakers reviving fantasy sports push
(Florida) -- Florida lawmakers are making yet another push for the legalization of daily fantasy sports (DFS) in the Sunshine State. Florida lawmakers reviving fantasy...
article Lawmakers seek to end questions about fantasy sports
(Florida) -- Two Republican lawmakers have filed proposals aimed at making clear that fantasy sports contests are not subject to Florida gambling laws.
article Court Holds that Fantasy Sports Companies Did Not Violate Players’ Rights by Using Their Names and Likenesses
(Indiana) -- On September 29, 2017, the United States District Court for the Southern District of Indiana (Walton Pratt, J.) issued a decision dismissing claims by three...

10/3/2017

article Do Fantasy Sports Make Fans Less Likely To See Players As Human Beings?
(USA) -- It was a routine play at the tail end of the Seattle Seahawks’ 46-18 throttling of the Indianapolis Colts. While trying to whittle the remaining time off...
article Richard Sherman Thinks That Fantasy Sports Make Players ‘Less Like People’ To Fans
(USA) -- Add Richard Sherman to the list of people who think fantasy football is warping fans’ perspective of the National Football League. The Seattle Seahawks...

9/30/2017

article FanDuel And DraftKings Win Important Right Of Publicity Case
(Indiana) -- A threat against daily fantasy sports operators' use of college football and basketball names and likenesses is no more. On Friday, a case brought by...

9/29/2017

article Dana Young files ‘fantasy contests’ bill
(Florida) -- Sen. Dana Young has again filed a bill to exempt fantasy sports play from regulation under the state’s gambling laws. Young, a Tampa Republican, filed...
article Cleveland Indians support legalizing fantasy sports contests in Ohio
(Ohio) -- The Cleveland Indians are among sports teams and companies that support a proposed law that would legalize fantasy sports contests in Ohio.
article The growth in fantasy sports will not come from football
(USA) -- An estimated 60 million Americans play fantasy sports, and the leading driver of the industry is widely thought to be football. After all, the NFL is the...

9/27/2017

article Fantasy sports: If you play in Ohio, you may be breaking the law. New bill would change that
(Ohio) -- Thousands, maybe even millions, of Ohioans pay money to play daily fantasy sports contests online. They might be breaking Ohio's gambling laws, many of...
article Indians owner Paul Dolan writes in support of legalizing fantasy sports in Ohio
(Ohio) -- Rep. Jonathan Dever says he's "ultra-conservative" with his money. The Republican from Madeira, a small city in suburban Cincinnati, is the type...
article Jerry Cantrell on Alice in Chains Fantasy Football League and Auction
(Washington) -- Alice In Chains founder Jerry Cantrell is known among hard rock fans as one of the best songwriters of his generation, as well as an innovative guitar...

9/26/2017

article Ohio On Deck For Fantasy Sports Legalization? Bill Could Become Law This Fall
(Ohio) -- After clearing the House with ease, the fate of daily fantasy sports legislation in Ohio now sits in the state Senate.

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