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How DraftKings Survived And Made Daily Fantasy Sports Legal

How can a company survive a crisis so big, its very future is in doubt? Two years ago, Draft Kings faced that terrifying question. “I didn’t think we were just going to be stomped out of business in a moment’s notice,” says cofounder and CEO Jason Robins. “And all of a sudden, that’s where we were.”

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Fantasy Sports

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.
article How fantasy NASCAR could have a positive impact on the sport, according to Dale Earnhardt Jr.
(USA) -- Throughout the 2017 season, Dale Earnhardt Jr. has been a vocal supporter of NASCAR’s new stage racing – where each event across all the national...
article Is DFS stalling in Europe?
(Europe) -- Daily Fantasy Sports sites DraftKings and FanDuel are now household names in the US. Their growth has been exponential and has created such strong brands...

9/25/2017

article Fantasy football owners conflicted on players who kneeled
(USA) -- For some football fans, the widespread response from NFL players to President Trump's weekend remarks is an important issue ... for their fantasy football...

9/24/2017

article Fantasy sports soon could have a new reality in Ohio
(Ohio) -- By early 2018, the fantasy sports industry could be legal in Ohio, and thus be exempt from state gambling laws. It's a development that would be welcomed...

9/23/2017

article How one company profited from the daily fantasy sports boom — without the legal risks
(USA) -- If you are a sports fan, even if you don’t play fantasy football, you are likely aware of DraftKings and FanDuel, the two leading private tech startups...
article Fantasy Sports Site Draft Inks Lease for New Chelsea Office
(New York) -- Daily fantasy sports provider Draft has taken more than 7,000 square feet of ground- and lower-level space at 217-219 West 21st Street in Chelsea that will...

9/22/2017

article Those millions from fantasy sports tax? It may have been a bit of a fantasy
(Missouri) -- Then-Missouri Gov. Jay Nixon envisioned his state generating millions of dollars from a new fantasy sports tax in his final State of the State speech in...

9/21/2017

article Missouri on track to collect less than $1 million from fantasy sports tax
(Missouri) -- Missouri’s foray into regulating the fantasy sports industry doesn’t appear to be paying big dividends. More than a year after former Gov. Jay...

9/19/2017

article Legalized DFS Industry Will Open “Pandora’s Online Gambling Box”, Wisconsin Opposing Group Argues
(Wisconsin) -- A group of Wisconsin residents has voiced opposition to the recently renewed push for the legalization of daily fantasy sports (DFS). The Citizens Against...

9/15/2017

article DraftKings Rolls Out Ads At The ‘Speed of Sports’ And ‘DK Shop’ E-commerce Store
(Internet) -- Last month, DraftKings rolled out its first ad campaigns for the 2017 NFL season. Now, it’s producing new versions of those commercials using current...
article Global Daily Fantasy Sports hires former NYX CTO as new tech chief
(New York) -- The B2B daily fantasy network provider has appointed Azienshtat as its new CTO, his first role since leaving NYX Gaming Group in May this year. Prior to...

9/13/2017

article Legislator Proposing Bill To Legalize And Regulate Daily Fantasy Sports
(Wisconsin) -- State Rep. Tyler Vorpagel, R-Plymouth, is taking up the issue of fantasy sports, again. While players in Wisconsin can access websites like DraftKings,...

9/12/2017

article How DraftKings Survived And Made Daily Fantasy Sports Legal
(Massachusetts) -- How can a company survive a crisis so big, its very future is in doubt? Two years ago, Draft Kings faced that terrifying question. “I didn...

9/11/2017

article After Flurry Of Lawsuits, FanDuel's Ad Campaign Highlights A More Mature Legal Approach
(USA) -- For those who thought the recent flurry of deceptive advertising lawsuits against members of the daily fantasy sports industry would not yield any meaningful...
article DraftKings and FanDuel agree to pay Massachusetts fines
(Massachusetts) -- In Massachusetts, daily fantasy sports operators DraftKings and FanDuel have reportedly agreed deals that will see them each hand over $1.3 million to...
article Lawsuit against DFS in New York to continue
(New York) -- Albany County trial judge, Gerald Connolly, has denied New York’s motion to dismiss a motion that challenged the legality of daily fantasy sports in...

9/10/2017

article DraftKings, FanDuel settle with Massachusetts for $1.3M apiece
(Massachusetts) -- Daily fantasy sports operators DraftKings and FanDuel will pay $2.6 million in a settlement with the Massachusetts Attorney General's office as a...
article How DraftKings is aiming to make fantasy football better for fans
(New York) -- DraftKings needs to run plays this football season that will draw casual players back to the fantasy sports site after regulators scuttled a plan the merge...

9/8/2017

article Judge Denies Motion To Dismiss Challenge To New York Fantasy Sports Law
(New York) -- The lawsuit against a 2016 fantasy sports law in New York will continue after a judge did not grant a motion to dismiss in the case.
article DraftKings and FanDuel Agree on $2.6-Million Settlement to Resolve Massachusetts Legal Issues
(Massachusetts) -- The two daily fantasy sports (DFS) games and contests providers DraftKings Inc. and FanDuel Inc. have reached a $2.6-million settlement with the state...
article Fantasy sports companies to pay Massachusetts $2.6M in wake of investigation
(Massachusetts) -- Boston-based DraftKings and FanDuel, two juggernauts of the daily fantasy sports realm, have agreed as part of a settlement to each pay $1.3 million...
article Do Fantasy Sports Make Us Better Investors?
(USA) -- Football has evolved from a form of entertainment to a booming business that spans far beyond the teams, coaches and games played on Sundays.
article Fantasy Sports crafts formula for better projections
(California) -- Nearly 60 million people play fantasy sports in the U.S. and Canada. Likely the same number want to improve their odds of selecting top-performing...
article Why A Daily Fantasy Sports Company Paid High Six Figures For Draft.com
(USA) -- Mere hours before the start of the 2017 NFL regular season, a fantasy sports operator is announcing the acquisition of probably the most valuable URL in the...
article US sports betting: ‘fantasy sports opened a door, this is the next evolution’
(UK) -- As part of an interview series featuring speakers from November’s inaugural Sports Betting USA conference, sports, entertainment & branding consultant...

9/6/2017

article The Fantasy Sports Industry Is Still Growing—Despite the Extra Regulations: Associations
(Washington D.C.) -- The fantasy sports space continues to grow, despite the expansion of regulations on the sector at the state level. Here’s an update on the...
article Man playing fantasy football charged with child neglect after 2-year-old wanders away: police
(New York) -- Phone down, please. A Florida man was arrested for child abuse after he allegedly failed to keep tabs on a 2-year-old during a fantasy draft, according to...

9/4/2017

article Taxing and Regulating Fantasy Sports Means Real Revenues for NJ
(New Jersey) -- Large-scale fantasy sports games offered online by websites like DraftKings and FanDuel have been growing in popularity across the country in recent...

9/3/2017

article How the $7 billion US fantasy football industry makes its money in 2017
(USA) -- For many in the US, the end of summer means the start of the American football season. Along with the usual cookouts, beach outings, and pool parties, some will...

8/30/2017

article Fantasy-sports themed restaurant and website aiming to be a 'destination' opening in South Richmond
(Virginia) -- Football fans haven’t been able to avoid TV ads for FanDuel or Draft Kings over the past three years, as the gambling websites continue to grow at a...

8/27/2017

article 3 fantasy football tips from an ex-Microsoft director who just wrote a book about losing for 24 years
(USA) -- Mike Harms hopes you can learn from his two decades of disastrous fantasy football performance. Harms, who led digital media initiatives at Microsoft and Red...

8/26/2017

article Christie signs bill to regulate, tax daily fantasy sports
(New Jersey) -- New Jersey Republican Gov. Chris Christie has signed into law a measure to regulate and tax daily fantasy sports. The law imposes a 10.5 percent tax on...
article New Jersey the 16th state to enact fantasy sports law
(New Jersey) -- There are now 16 states in the U.S. with daily fantasy sports (DFS) laws on the books after New Jersey Gov. Chris Christie signed a bill on Thursday,...

8/24/2017

article FanDuel relaunches fantasy sports in Delaware Friday
(Delaware) -- Online fantasy sports operator FanDuel will be open for business in Delaware on Friday, a month after Gov. John Carney, D-Delaware, signed a fantasy games...
article Christie just moved to regulate (and tax) fantasy sports companies
(New Jersey) -- Gov. Chris Christie on Thursday signed into law a bill setting guidelines for companies that operate daily fantasy sports leagues in the Garden State and...
article Christie signs bill to regulate, tax daily fantasy sports
(New Jersey) -- New Jersey Republican Gov. Chris Christie on Thursday signed into law a measure to regulate and tax daily fantasy sports. The law imposes a 10.5 percent...
article Will Other Lawmakers Support Future Of Daily Fantasy Sports Like One NY Senator Did?
(New York) -- New York state Sen. John Bonacic did not just want a fantasy sports law he sponsored to be good for DraftKings and FanDuel. In a recent letter to the state...
article Does Fantasy Football Ruin Football Fandom?
(USA) -- Last week, ESPN embarrassed itself with an on-air fantasy football auction that was jokily staged with an audience of mostly white men bidding on various NFL...
article Poulsbo resident Funston one of the original fantasy sports experts
(Washington) -- Brandon Funston’s unofficial professional start in the fantasy sports industry took place inside a Catholic church. He was 15, living in Sequim. A...
article Study shows 20 percent of American adults play fantasy sports
(USA) -- Fantasy sports didn’t turn into a $100-plus billion industry on accident. It didn’t become one of the most prevalent legal ways to gamble in the...

8/23/2017

article Study shows 20 percent of American adults play fantasy sports
(USA) -- Fantasy sports didn’t turn into a $100-plus billion industry on accident. It didn’t become one of the most prevalent legal ways to gamble in the...
article Daily fantasy sports betting returns to Delaware
(Delaware) -- Delawareans will once again be able to bet money on daily fantasy sports starting Friday. On that day, House Bill 249, which legalizes betting on fantasy...
article FanDuel relaunches fantasy sports in Delaware Friday
(Delaware) -- Online fantasy sports operator FanDuel will be open for business in Delaware on Friday, a month after Gov. John Carney, D-Delaware, signed a fantasy games...
article Fantasy sports site resumes operations in Delaware
(Delaware) -- FanDuel, a popular fantasy sports website, today announced it will resume operations in Delaware. The site allows cash betting and prize money.

8/19/2017

article Tips and tricks for fantasy sports junkies covered at show coming to Mississauga
(Ontario) -- Sick and tired of finishing last in your fantasy sports league and having to endure the endless hours of mocking from friends that come with it?

8/18/2017

article $3B industry returning to Delaware nearly a year after it left
(Delaware) -- A $3 billion industry is returning to Delaware nearly one year after its operators were asked to leave. Daily online fantasy sports businesses left...
article Why Casinos Should Be Embracing Daily Fantasy Sports
(New Jersey) -- The often tense relationship between casinos and daily fantasy sports (DFS), one that’s seen lobbyists for each frequently oppose each other in...

8/17/2017

article Resorts adds European soccer to online daily fantasy game
(Atlantic City) -- Resorts Digital Gaming, the interactive arm of Resorts Casino Hotel Atlantic City, has added European soccer to its Daily Fantasy Sport site, Fastpick...
article What Do 17.2 Million Women Know That You Don’t (Yet)?
(Internet) -- Fantasy Football is right around the corner. Does it surprise you that over 17 MILLION women play Fantasy Football? In fact, participation has grown over...

8/16/2017

article DraftKings Commercials Are Back, But Don’t Expect TV To Be Overrun By Them
(USA) -- The history of daily fantasy sports is almost synonymous with commercials. They’re back, of course — DraftKings revealed some of theirs this week....
article Odell Beckham was 'speechless' after seeing ESPN's tone deaf fantasy football 'auction' segment
(USA) -- Because nobody at ESPN realized that auctioning off mostly black NFL players to a group comprised mostly of white guys may be a tad problematic, the Worldwide...

8/15/2017

article ESPN Apologizes for Fantasy Football ‘Auction’ Segment, Which Included Black Players
(USA) -- ESPN released a statement apologizing for a segment in which an auctioneer "sold" players, both white and black. The segment drew significant...

8/14/2017

article One Billion Dollars? Free-To-Play DraftKings NFL Contest Offers Big Potential Payout For ‘Perfect Lineup’
(Internet) -- Yes, you can win a billion dollars at DraftKings, without paying to enter the “Billion Dollar Lineup” challenge. The contest is free to play...

8/13/2017

article DraftKings, FanDuel - daily fantasy sports regroup after merger fail
(New York) -- A merger between DraftKings and FanDuel, the two biggest daily fantasy sports companies in the United States, was thought to be a slam dunk deal earlier...
article Local start-up POANG hopes to score big with novel fantasy sports app
(Malta) -- It’s not every day that a three-man start-up successfully courts a large company for investment on an “idea they’ve been working on”,...

8/11/2017

article Delaware Legalizes DFS
(Delaware) -- Delaware became the 14th U.S. state to legalize and regulate daily fantasy sports when Governor John Carney signed a DFS bill into law, while a DFS bill in...
article Now legal in N.H., daily fantasy sports sites set for kickoff
(New Hampshire) -- The start of the NFL regular season – now less than a month away – also means the beginning of the busiest time of year for fantasy sports...
article Maine adopts rules about fantasy sports betting
(Maine) -- Maine is adopting rules about daily fantasy sports games that classify the contests as games of skill and create a tax structure for them.
article Massachusetts Recommends Treating DFS as Gaming
(Massachusetts) -- The Massachusetts Special Commission on Online Gaming, Fantasy Sports Gaming and Daily Fantasy Sports last week narrowly voted to recommend that daily...
article Valery Bollier: fantasy sports responds to the needs of new generation
(Malta) -- Daily fantasy sports (DFS) operators are predicting a fantasy sports boom in Asia in the coming years and there are tell-tale signs to back their claims.

8/10/2017

article Maine legalises daily fantasy sports
(Maine) -- Maine has become the 15th US state to legalise paid-for daily fantasy sports (DFS) contests. DFS is now classed as a ‘game of skill’ in Maine and...

8/9/2017

article Daily Fantasy A Different Way: DraftKings Takes Away Salaries With New ‘Pick’em’ Format
(New York) -- DraftKings is launching a new daily fantasy sports product called “Pick’em” that will try to engage more casual players in time for NFL...
article DraftKings FanDuel Merger Fails: Here's What's Next for NFL
(New York) -- My very first interaction with DraftKings CEO Jason Robins involved me flailing my arms in the air and screaming, “Turn! I’m open!” He...
article Maine legalises daily fantasy sports
(Maine) -- Maine has become the 15th US state to legalise paid-for daily fantasy sports (DFS) contests. DFS is now classed as a ‘game of skill’ in Maine and...
article Is Bigger Better? DraftKings Outpaces FanDuel For Big Week 1 NFL Contests
(New York) -- DraftKings and FanDuel both posted some of their NFL contests for Week 1 of the daily fantasy football season in what could prove to be a pivotal time for...

8/8/2017

article Irish-owned FanDuel shuts UK site to focus on America
(UK) -- An IRISH tycoon has closed the UK arm of his gaming business just a year after he launched it. Nigel Eccles - from Cookstown, Co Tyrone - has become one of the...

8/7/2017

article Bets Are Off In NY? Regulators Seek To Exclude Prop Betting From Fantasy Sports Law
(New York) -- The New York State Gaming Commission is seeking to limit what a 2016 fantasy sports law allows via draft regulations, according to a copy of the document...
article No Pain In Maine For Smaller Fantasy Sports Operators [sub req]
(Maine) -- Maine has officially joined 14 other states in regulating daily fantasy sports (DFS), but unlike other states that have legalized the popular skill-based...

8/6/2017

article DraftKings, FanDuel Face Test of Their Business as They Go It Alone [sub req]
(USA) -- After scrapping plans to merge, rivals DraftKings Inc. and FanDuel Inc. must now separately determine whether daily fantasy sports is a viable business—...
article FanDuel hands more equity to backers in merger-termination deal
(Scotland) -- EDINBURGH tech unicorn FanDuel has handed a larger chunk of equity to its financial backers as a result of its planned merger with rival DraftKings falling...
article India high court finds fantasy sports a game of skill in landmark ruling
(India) -- Because it requires a substantial degree of skill, judgment and discretion, the Punjab and Haryana High Court in India has ruled that playing fantasy sports...

8/5/2017

article Britain is the new ball game that Fanduel will do without
(UK) -- Fanduel appears to have given up on its British ambitions after the fantasy sports company emailed customers to say that it would not be offering its services...
article US fantasy sports giant DraftKings is planning to launch in Ireland this year
(Ireland) -- US DAILY FANTASY sports giant DraftKings – one half of a duopoly that dominate the fast-growing industry – has said that it plans to launch its...

8/4/2017

article All bets down for the future of DFS and online gambling
(USA) -- If anything might be a sure thing or a lock in gambling is we often reflect on how "lucky" we got. I cannot recall anyone shouting how "skilled...
article Sky Bet targets fantasy sports with Dribble deal
(USA) -- Sky Betting and Gaming has joined forces with fantasy football expert Dribble in an effort to expand its offering into the UK daily fantasy sports (DFS) market...

8/2/2017

article A skillful decision on daily fantasy sports
(Massachusetts) -- As this gaming industry grows, more states ask if it is worth probing how much players rely on skill versus chance. A Massachusetts panel has given...
article Is there skill in fantasy sports? Massachusetts commission calls it gambling
(Massachusetts) -- A Massachusetts state commission panel voted this week to classify fantasy sports participation as a gambling activity, rather than a skill-based game.

8/1/2017

article Lawmakers working to regulate daily fantasy sports
(Massachusetts) -- Massachusetts legalized daily fantasy sports last year, but only until July 2018. Now, some state lawmakers want to make the industry permanently...
article Massachusetts Commission Split Over Best Path Forward For Online Gambling, Daily Fantasy Sports
(Massachusetts) -- Hours of expert testimony and months of digging into the issues were apparently not enough for some members of the Massachusetts Special Commission on...
article Massachusetts panel passes daily fantasy sports recommendations
(Massachusetts) -- In Massachusetts, the special state panel established last year in order to study the possibility of legalizing numerous forms online gambling has...
article Massachusetts to rule DFS as iGaming
(Massachusetts) -- As Massachusetts is debating legalisation of iGaming industry, a special commission proposed a new bill that would label daily fantasy sports...
article State Panel Says Daily Fantasy Sports Should Be Considered Gambling
(Massachusetts) -- When you play fantasy sports, is it a game of skill or a game of luck? That's a key question in the debate over whether daily fantasy sports...
article State Panel Says Massachusetts Should Regulate Daily Fantasy Sports As Gambling
(Massachusetts) -- A special legislative commission tasked with coming up with recommendations about online gambling has issued its final report to members of the...

7/31/2017

article Fantasy sports advocates oppose online gaming report
(Massachusetts) -- Daily fantasy sports ­advocates are balking at a special state legislative panel report that recommends a definition of online gaming that...
article Fantasy Sports Should Be Treated Like ‘Online Gaming,’ Massachusetts Panel Says: Impacts And Analysis
(Massachusetts) -- Trouble is brewing in the birthplace of daily fantasy sports regulation and the home of DraftKings. A special commission in Massachusetts voted to...
article Mass. moves to classify fantasy sports as 'online gaming' — and DraftKings isn't happy
(Massachusetts) -- Boston-based DraftKings Inc. railed against a state commission's decision that recommends classifying daily fantasy sports under the broad...
article Massachusetts panel says daily fantasy sports should be classified as gambling
(Massachusetts) -- A divided state commission Monday voted to recommend classifying daily fantasy sports contests as gambling, a setback for DraftKings Inc., which may...
article Massachusetts set to vote on fantasy sports and online game
(Massachusetts) -- It has been reported that moves are afoot in the state of Massachusetts to classify fantasy sports once and for all, with a commission set to vote on...
article Skill or luck? Panel is reviewing whether fantasy sports are really gambling
(Massachusetts) -- Daily fantasy sports companies have long held fast to the position that their customers, who put money on the performance of real-life athletes, are...
article State has blueprint to expand legal online gaming
(Massachusetts) -- The Legislature has a potential blueprint to expand legal online gaming in Massachusetts after a special commission finalized its report Monday over...
article FanDuel withdraws from UK market after one season
(UK) -- The company has told players that it will not offer any contests in the UK this season, with all player balances refunded. "We hope to be back in the future...
article Fantasy sports firms eye billion-dollar reality in Asia
(Asia) -- High smartphone usage and an existing eSports ecosystem could bring mainstream appeal in the region for an industry that is hungry for new participants By July...

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