Daily Fantasy Sports News
Indiana Pacers center Ian Mahinmi is in an excellent position Thursday going up against a Magic team that ranks at the bottom versus opposing centers.
Mahinmi, priced at just $4.9K, turned out a fantastic performance Monday versus the Bulls.
18 blocks, 7 rebounds, 2 blocks and an assist translated into just over 30 fantasy points. He only needed around 25 to make value.
Now if he can perform this well against the Bulls, just imagine what Mahinmi can do versus the struggling Magic.
- Brian Stern, DFS911.com
NEW YORK —(Associated Press) - Smaller companies in the exploding fantasy sports industry say they could be shut out of doing business in some states by legislation that is actually intended to recognize the games’ legality.
Dallas point guard Deron Williams has been ruled out for Sunday’s game against the fantasy-friendly Kings. Williams is expected to miss both Sunday and Monday's game.
J.J. Barea should start in his place with a price tag of $4.3K. Raymond Felton and Devin Harris should also see an increase in their value as a result.
Barea scored 21 points with five triples the other night against Golden State.
David Lee ($5000 at DraftKings) will start for Dirk Nowitzki Sunday.
- Brian Stern, DFS911.com
Fans of fantasy sports betting can hardly have missed the biggest news to rock the industry in a long time: the legislations proposed by at least 30 US states to regulate -or in some cases place an outright ban on- the activity.
Have you ever noticed how the same DFS players consistently win? Anyone who plays daily fantasy can certainly attest to the fact that it is indeed a game of skill.
As Gambling911.com noted last week, the Fantasy Sports sector has expressed deep concern over a $50,000 licensing fee that few of the companies in the sector can afford.
While the Fantasy Sports Trade Association promises to try and get this fee reduced, some have speculated that the FSTA is working against their best interests, especially the season long sites.
Illinois State Rep. Michael Zalewski is sponsoring legislation in the state that would exempt fantasy sports from state gambling laws according to Northern Public Radio. It would also characterize Daily Fantasy Sports as a game of skill.
He said it would help small businesses like SideLeague, a fantasy sports company based in Illinois that current doesn't offer games in the state right now.
A Boston Globe report on Saturday suggests that Daily Fantasy Sports juggernaut DraftKings has only raised $70 million in recent months, describing this as “a sharp drop from the company’s previous investment rounds as it fights regulatory battles across the country”.
FanDuel CFO Matt King told PBS’ “Frontlines” that his company and Daily Fantasy Sports is not gambling but rather entertainment. He also upset some in the poker community by claiming that poker is not a game of skill but is indeed a form of gambling.
A crane has crashed within feet of the courthouse where Daily Fantasy Sports sites DraftKings and FanDuel are currently fighting to continue operating in the state of New York.
The accident, which occurred Friday morning, resulted in at least one death of an individual who was sitting in his car. Two others have been injured.