Fantasy Sports Industry News

Daily Fantasy Sports Leagues Not Mad for March Madness as Most Shun College Hoops

For the second time this year, fantasy sports leagues will be shut out of the action for a major sporting event.

Last month, none of the leagues weren't able to hold daily fantasy contests for the Super Bowl because Federal law bans fantasy play based on a single game.

This month, most fantasy sports leagues won't be holding any contests in connection with March Madness, the annual NCAA basketball tournament, because most leagues don't get involved with any college sports.

BetConstruct Grabs Gold and Lanyard Sponsorships at Upcoming DFSE in Miami Beach

Existing operators and those looking to enter the lucrative new industry of daily fantasy sports will be happy to know that software providers and white labels plan to show up in force this August in Miami Beach for the first ever Daily Fantasy Sports Expo (DFSE).

The most visible of these providers is going to be BetConstruct.  They have secured both the gold and lanyard sponsorships at DFSE.

Fantasy League Meeting With Ray Rice Reps on Wednesday

$1 Million Endorsement Deal is on the Table

VANCOUVER -- Only time will tell which of the many fantasy sports leagues popping up all over North America are destined to survive.

And thrive.

But if marketing savvy is any indication of future success, one new league looks like it has hit a home run (or in this case, scored a touchdown).

ProDraftLeague.com Raises ‘7 Figures’ Worth of Funding: Business Doubles in One Month

Vancouver-based ProDraftLeague.com hopes to make the big leagues, having just raised over a million in funding since January and doubling their business from roughly 5000 customers to 10000 customers since the start of the year.  

TradeSports.com a New Type of Fantasy Sports League Where Salary Cap is Eliminated

NEW YORK -- Your state lottery never pays you to try out one of its new scratch-off tickets.

And your local casino never hands you free cash to sit down at the poker table with.

And most certainly your local neighborhood bookie never calls you up and tells you he's going to start paying you to make bets with him on sporting events.

But when it comes to the crowded and cut-throat world of fantasy sports, anything you can do to rise above the din and garner attention is a plus.

Even if it means doling out free cash!

55-Year-Old Becomes First Female to Win Daily Fantasy Sports Championship

A 55-year-old female by the name of PSmiles has become the first woman to ever win a live daily fantasy sports championship.

Fantasy Sports Site DraftKings.com Exclusive Deal With UFC ‘Imminent’

One of the powerhouses in daily fantasy sports, DraftKings, is reported to be close to an exclusive sponsorship deal with the UFC (Ultimate Fighting Championship).

Colin Neville, vice president of the venture capital firm The Raine Group in NYC, first disclosed the pending UFC deal during a conference in New York City on Monday.

Bellator 133 Fantasy Real Money Tournament First of Its Kind Introduced by Draft Ops

LAS VEGAS - Draft Ops, the newest provider in fantasy sports, announced today the launch of their first ever $10K Fantasy real money tournament for Bellator 133: Manhoef vs. Shlemenko event to be held on Friday, February 13 on SpikeTV.  

The kickoff of the $10K Fantasy tournament marks the largest real money tournament offered by Draft Ops to date and will be offered for every Bellator live event broadcast. The tournament is guaranteed with limited entries available.

Fantasy Site DailyMVP.com Puts Twist on Fantasy Daily Scoring: Lands Tom Brady

Thomas Somach writes that DailyMVP.com uses a unique golf-like handicapping system to equalize performers.

LOS ANGELES -- There are so many fantasy sports leagues out there these days that the leagues have to do something spectacular to garner attention.

One that is doing just that is DailyMVP (www.dailymvp.com), which uses a unique business model that mimics the dynamics of a player's handicap in golf.

DraftKings Partners With LA Clippers: Becomes Official Fantasy Partner

The Los Angeles Clippers and DraftKings announced today a partnership that makes DraftKings the official daily fantasy sports partner of the Los Angeles Clippers. The agreement marks the team’s first-ever partnership with a one-day fantasy sports website. DraftKings is the largest U.S.-based provider of daily fantasy sports contests across a broad range of professional and college sports, including basketball.

PlayMLF.com Daily Fantasy Sports Site Movin’ On Up: DraftKings Gets Warriors

Daily fantasy sports firms continue to expand with the explosive popularity of the sector in recent months.  PlayMLF.com just announced via their Twitter account, they too are in need of improved office space.

PGA Fantasy Freeroll From Victiv.com and Will Tiger Woods Make The Cut Odds

Victiv.com has decided to get into the Golf fray with its PGA Fantasy freeroll on the Farmer’s Insurance Open while betting on Golf has begun to prove lucrative for the online sportsbooks.

Minnesota Man Wins $300,000 Playing Daily Fantasy Sports

Jake Sanders, 38, of Edina, Minnesota, recently won $300,000 from the Daily Fantasy Sports site FanDuel.com.  And that was by finishing in 4^th place!

Sanders was a qualifier for a FanDuel $2 million dollar event in Las Vegas during week 15 of the NFL season.  One player picking up yardage in the final seconds of a Jets/Titans game reduced Sanders earnings by $200,000 from $500,000.

Vulcun Announces the Largest League of Legends Fantasy Prize: $1 Million

In business for just over a month now and kicking off with a $250000 prize pool, Vulcun will now be offering a $1 million prize for the upcoming League of Legends League Championship Series (LCS).