Fantasy Sports Industry News

DraftKings Has No Comment on ‘Insider Info’ Policy as Scandal Boils Over

Leading Daily Fantasy Sports site DraftKings would not comment on their policy and internal controls related to “insider information”, while standing by an employee who won $350,000 at a competing site’s contest finishing second place. 

DFS Staff Knowing Player % Info and Using on Other Site Clearly an Edge

The Twitter Universe is now lighting up with folks blasting the Daily Fantasy Sports industry for not having a better handle on their employees and their ability to, not only gain access to player usage information, but utilizing said data to win big on competing DFS sites.

DraftKings, FanDuel Ad Blitz Drawing More Scrutiny to DFS Industry

You’ve seen the ads.  How could you not have?  Even if you don’t watch Football, DraftKings and FanDuel advertisements are popping up all over the boob tube including on 24-hour cable news networks like CNN and HLN (if you can still call the later news).

DraftKings Ads Can Now Feature Current NFL Players as Part of Marketing Deal

DraftKings, one of the top two Daily Fantasy Sports sites in the world, will now be able to feature current NFL players in its ads as part of a new marketing deal with the league.  

Launched in 2012, the website has managed to raise $300 million in financing this season, much of which has been used for marketing purposes.

Mass AG on DraftKings: ‘This is a New Industry, It’s Something We Are Reviewing’

Massachusetts Attorney General Maura Healey says her office is reviewing the business practices of Daily Fantasy Sports website Draftkings to ensure they are operating within the legal framework of current law.

Daily Fantasy Sports for Suckers Research Suggests

Gambling911.com sister site DFS911.com Monday reports on how a series of research determined that Daily Fantasy Sports are not what they are cracked up to be.

A paywalled survey of 1,400 DFS players that Eilers Research shared with Tech Insider shows that 70% of Daily Fantasy Sports players actually reported losing money.

Congressman May Want to Stick It to Leagues With Daily Fantasy Sports Study

So finally Congress has decided to act on the explosive world of Daily Fantasy Sports, though most experts agree they are probably a bit too late to act.

After all, millions of dollars has been pumped into the industry from many of the major sports leagues, ESPN and a number of millionaire investors.

On Monday it was announced that Democratic congressman Frank Pallone Jr. of New Jersey would like to have a Congressional committee take a look at the connection between fantasy sports and gambling.

Associated Press: DraftKings, FanDuel Under Intense Scrutiny

(Associated Press) - Think wagering $20 to win $1 million by picking a winning combination of NFL players for a fantasy team this Sunday is gambling? The league says it isn't.

So do fast-growing daily fantasy sports companies like DraftKings and FanDuel that offer the games and advertise with the long gambling-adverse pro football organization.

New DFS911.com Series ‘Daily Fantasy F***ed’ to Focus on Seedy Side of Sector

You’ve asked for it and DFS911.com in conjunction with sister site Gambling911.com have heard you loud and clear.  Introducing “Daily Fantasy F***ed”, a new series of articles that will focus on the seedy side of the Daily Fantasy Sports world.

Daily Fantasy Site Swagger Stadium Says ‘All is Good’ as Players Suffer

Should Daily Fantasy Sports sites be regulated and licensed?  We here at Gambling911.com say this may be necessary as a few of the early sites begin to slow pay and no pay their customers. 

While it is nearly impossible to escape the DraftKings and FanDuel ads that have proliferated our television screens of late, the sad reality is that some folks wrongly believe the industry is safe.

Another Daily Fantasy Sports Site Going Under: Swagger Stadium Not Paying

Gambling911.com is receiving reports that another Daily Fantasy Sports site, Swagger Stadium, is having difficulty paying customers while support is nonexistent. 

G911 and sister site DFS911.com has previously reported on the closure of SideLeague.com and the slow pay issues at Draftster.com. 

DraftKings Teams Up With Bad Boy Dan Bilzerian: Let Them Eat Unicorn Cake

One of the behemoths in Daily Fantasy Sports, DraftKings.com, has decided to team up with one of poker’s most colorful characters, Dan Bilzerian. 

DraftKings Obtains UK Gaming License: Appoints Former Bwin.Party Exec as CIO

In a press release issued Monday morning, one of the world’s leading Daily Fantasy Sports sites, DraftKings, announced it had obtained a gaming license in the United Kingdom and plans to go live by the 4^th quarter of this year.

Can Rake Free Work in Daily Fantasy Sports? CBS Sportsline Thinks So

CBS Sportsline introduced its Daily Fantasy Sports platform this past week with a rake free concept that is sure to give industry leaders DraftKings and FanDuel and run for their money.

CBS’ DFS Director Grant Griffin tweeted this week that they were not planning on featuring rake any time soon although many believe the new NFL season will require the media conglomerate to change its model.