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
Tags » Fantasy Sports
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
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
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
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
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