Tags » Fantasy Sports

DraftKings Launches in the UK Despite Legal Issues in the United States

Murad Ahmed of the Fiscal Times reported earlier this week that DraftKings have made their way across the pond as they’ve launched services in the United Kingdom as it looks to increase global revenues. 112 more words

Apps

DraftKings CEO Profiled by Hometown Newspaper

Michelle Kaufman of the Miami Herald does a profile piece on DraftKings CEO Jason Robins. He grew up in the Miami area before becoming one of the biggest names in the daily fantasy sports industry. 182 more words

Apps

Rhode Island AG Declares Daily Fantasy Legal

Great news for daily fantasy sports companies like DraftKings or FanDuel. As reported by the Associated Press, Rhode Island Attorney General Peter Kilmartin declared that daily fantasy sports competitions combine luck with skill and are legal in accordance with state law. 114 more words

Apps

Amaya CEO Looks to Purchase PokerStars and Make it Private Again

As reported by Amrutha Gayathri of Reuters Canada, Amaya Inc. says it received a non-binding proposal by Amaya CEO David Baazov to purchase Pokerstars with the plan of making it private again. 172 more words

Apps

Nevada Looking at Being First to Fully Regulate Daily Fantasy Sports

Interesting article from Howard Stutz of the Las Vegas Review-Journal that highlights the new outlook that Nevada has on the daily fantasy sports industry.

Nevada was one of the first states to say “NO” to the industry with the twist being that they would get a “YES” if they admitted they were offering gambling to their customers and thus applied for and received a gaming license. 223 more words

Apps

Major Payment Processor for Daily Fantasy Transactions Exiting Industry

Joe Drape of the New York Times reported on Friday that Vantiv Entertainment Solutions, a top transaction processor for both DraftKings and FanDuel, informed the major daily fantasy sites that it will no longer be processing transactions after February 29th and will be exiting the DFS industry altogether. 211 more words

Apps

Emerging DFS Apps Getting Around Gambling Issue

Interesting report from Jeremy C. Owens of MarketWatch yesterday as he highlighted some emerging daily fantasy sports apps that are finding creative ways of offering prize pools and making money, yet getting around the gambling aspect and being lawful for every state. 221 more words

Apps