Maryland Could be First State to Let Voters Decide on Daily Fantasy Sports Legality
ANNAPOLIS, Md. (Associated Press) -- Maryland would become the first state to let voters decide whether the popular but controversial phenomenon of fantasy sports betting is fully legal, under bills now pending in the legislature.
Lawmaker Wants Minnesota to Legalize Fantasy Sports
(Associated Press) - A national debate over daily fantasy sports games came to the Minnesota Legislature on Tuesday with a House committee hearing on a proposal that would declare fantasy games are not gambling and are legal in Minnesota.
Attorney for DraftKings in AG Battle Spends $14.4M on UES Townhouse
The fight over daily fantasy sports in New York is just getting started, but it seems to already have produced at least one clear winner.
G911 Owner Talks DFS Industry With DFSE Organizer Marc Lesnick
Review of the Daily Fantasy Sports Expo, that took place March 3-4, 2016 at the Deauville Beach Resort Miami. Chris Costigan (Publisher of Gambling911.com.) and Marc Lesnick (Conference Organizer) review the final panel as well as other elements of the industry. Watch below.
Virginia Becomes First State to Approve Fantasy Sports Specific Regulation
RICHMOND, Va. (Associated Press) -- Virginia has become the first state to approve legislation regulating the fast-growing but embattled online fantasy sports industry.
Smaller DFS Sites Not Bothered by DraftKings, FanDuel
With Daily Fantasy Sports behemoths DraftKings and FanDuel pushing for steep state licensing fees, smaller DFS sites the likes of Statzup.com.
During last week’s closing panel of the Daily Fantasy Sports Expo in Miami Beach, moderated by Gambling911.com’s founder Chris Costigan, Statzup CFO Tamas Varga said sites like DraftKings and FanDuel help his own company.
FSTA Sacrificing Season Long Fantasy Sports Firms to Save DraftKings, FanDuel
At this week’s Daily Fantasy Sports Expo in Miami Beach Gambling911.com spoke with those concerned over the Fantasy Sports Trade Association (FSTA) failing to look after the best interest of season long fantasy sports businesses.
Groups Demand NFL Shut Down Fantasy Football Site That Targets Children
In light of all the hoopla surrounding the legality of Daily Fantasy Sports websites like DraftKings and FanDuel, two groups In light of all the hoopla surrounding the legality of Daily Fantasy Sports websites like DraftKings and FanDuel, two groups have stepped forward urging the NFL to get rid of its own fantasy sports site that targets prepubescent boys between the ages of 6 and 12.
Virginia Poised to Allow Daily Fantasy Sports
DraftKings and FanDuel could soon find a home in Virginia with that state’s lawmakers looking favorably at the new Daily Fantasy Sports sector.
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“Fantasy sports have become very popular in my district and across the commonwealth,” said Senator Ryan McDougle. “Over a million individuals play fantasy sports now just in Virginia.”
Vivid Entertainment CEO: ‘Fantasy Sports and Naked Women Have Lots in Common’
The largest adult entertainment company in the world, Vivid Entertainment, is set to join the DraftDay Daily Fantasy Sports platform in an effort to further diversify.
Vivid’s dipping their toes into the DFS sector is nothing new as they are coming off a stint with software provider MGT.
West Virginia Senate Okays Daily Fantasy Sports: Now Moves to House
CHARLESTON, W.Va. (Associated Press) — West Virginia senators have cleared a bill deeming daily fantasy sports legal.
The bill addressing businesses like DraftKings and FanDuel passed the Senate on an 18-16 vote Thursday. It moves to the House.
New Jersey Gets Rare en Banc Rehearing in Sports Betting Case
Our sister site BettingNewJersey.com has all the latest news as it relates to online gambling in New Jersey.
New Jersey Gets Rare en Banc Rehearing in Sports Betting Case - New Jersey has another chance to make its case to offer traditional sports betting at Monmouth Park and other racetracks and casinos, getting a rare en banc rehearing Wednesday from the federal Third Circuit Court of Appeals in Philadelphia.
New Funding for DraftKings Possible as Value Declines 60 Percent
Following news that Fox Sports had devalued Daily Fantasy Sports juggernaut and pseudo partner DraftKings by 60 percent, at least one media outlet is reporting a possible new round of funding for the beleaguered company.
Eric Fisher of the Sports Business Journal tweeted Wednesday:
There have been rumors - unconfirmed - of potential new funding for DraftKings. If it happens, could be looking at a down round.
No FanDuel Super Bowl 50 Contests: Citigroup No Longer Accepting Transactions
Gambling911.com has received confirmation that FanDuel will not be offering any Super Bowl 50 contests. Furthermore, Citigroup just announced that they will no longer allow transactions for either FanDuel or DraftKings via their bank-issued cards.
No DraftKings Super Bowl 50 Contests
Gambling911.com has been receiving a number of inquiries as to whether DraftKings and FanDuel will be offering any Super Bowl 50 contests.
Bills in Hawaii Would Legalize Fantasy Sports, State Lottery
HONOLULU (Associated Press) - Lawmakers in Hawaii want to make an exception to the state's gambling ban by legalizing fantasy sports contests.
After Years of Intolerance, Sports Leagues Getting Into Bed With Wagering Firms
ESPN.com has come out with a report on the major sports leagues embracing of the gambling industry after years of intolerance.
The sports media outlet points out a number of recent examples:
DFS Fight Comes to the Heartland as Nebraska Legislators Mull Over Bill
LINCOLN, Nebraska — (Associated Press) - Gambling opponents are fighting a bill that would allow fantasy sports websites to operate in Nebraska, even though the industry estimates that 300,000 people in the state are already playing.
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Phil Ivey Launches Daily Fantasy Sports Site: PhilIveyDFS.com
One of the most successful professional poker players, Phil Ivey, was set to launch his very own Daily Fantasy Sports site, PhilIveyDFS.com
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The site will be hosted on the iTeam Network, a DFS turnkey platform, next month (February 2016).
Mark Cuban Says Texas AG Needs to Stop ‘Grandstanding’ in Wake of DFS Decision
Texas Attorney General Ken Paxton declared daily fantasy sports illegal in his state Tuesday, putting more pressure on the embattled industry and leading sites DraftKings and FanDuel.
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Massachusetts Man Sues DraftKings For Millions After Losing $175
A Massachusetts man is suing Boston-based DraftKings for millions of dollars alleging the company was running an “illegal online sports betting business” in which he lost (drum roll please) $175.
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Daily Fantasy Sports Sites Raise Concern Over Massachusetts Regulations
BOSTON — The Associated Press - Daily fantasy sports operators raised objections Tuesday to some of the regulations proposed for the online contests in Massachusetts, including a minimum 21-year-old age and restrictions on how much players can spend each month.
Picking sides on the Legality of Fantasy Sports
The Fantasy Sports Debate has recently been heating up with the state of New York first banning residents from participating in DraftKings and FanDuel, and then just the other day an appellate court ruled in favor of allowing both companies to continue to operate in New York while their appeal is being heard.
Brand New Fantasy Sports Option Explained by AceSportsbook
It was only a matter of time before one of the best sportsbooks in the world decided to get in the Fantasy mix and begin offering Fantasy style betting options.
AceSportsbook.com has just unveiled a brand new Fantasy Football player betting option that have over and unders for specific players, and player match ups with a spread and a combined over/under total for the two players.
Online Sportsbook Now Offering Fantasy Sports Option
Fantasy Sports has exploded into an multi-billion dollar a year business, with FanDuel and DraftKings leading the way with fantasy tournaments and daily games.
Breaking News: Daily Fantasy Sports Regulation Bill in CA Passes Assembly Vote
California, which just happens to be the world’s eighth largest economy, is the latest state to examine the legality of Daily Fantasy Sports.
A bill introduced by Assemblyman Adam Gray went to a committee vote in Sacramento Wednesday (January 6, 2016). Had it failed to pass the Assembly by the end of the month, the process would then need to begin anew.
Daily Fantasy NFL Picks and Betting Odds – Week 15
Gambling911.com has some great Daily Fantasy NFL picks and betting odds for this week. Bookmark this page for the latest.
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Salaries are courtesy of Star Fantasy Leagues.
eSports Exec and Reviled Poster Boy of Drug Price Hikes Arrested
Martin Shkreli, a pharmaceutical industry entrepreneur and founder of Turing Pharmaceuticals has been charged with securities fraud.
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Shkreli is best known for licensing the HIV and cancer drug Daraprim through his pharmaceuticals company then hiking the price from $13.50 a pill to $750.
PayPal Shutting Down DraftKings, FanDuel Transactions
Following a precedent-setting decision by a Superior Judge Friday morning ordering Daily Fantasy Sports sites DraftKings and FanDuel to halt operating in New York, leading payment processing company PayPal has decided to stop permitting money transfers to and from those websites.
New Book Exposes the Underbelly of Daily Fantasy Sports
A new book that promises to blow the lid off the inner secrets of the daily fantasy sports industry has just been released and anyone who participates in the popular pastime will find the book not just fascinating but also financially rewarding.
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