Daily Fantasy Sports News
SACRAMENTO — (Associated Press) - California’s state Assembly approved minimal regulations Wednesday for the fast-growing daily fantasy sports industry amid a national debate over whether the online games violate states' gambling laws.
A class action lawsuit filed in the state of Oregon claims that Daily Fantasy Sports sites DraftKings and FanDuel are in violation of state laws.
More specifically, the complaint alleges that both companies operate as illegal online sports wagering while providing an unfair advantage to company employees.
One of the more successful Daily Fantasy Sports players, Maxdalury (real name unknown), has premiered his new DFS all-in work station RotoQL.com.
Daily fantasy operator DraftKings reported $80,000 in lobbying spending for the fourth quarter, up from $10,000 in the third quarter, according to a congressional disclosure released Wednesday.
LAS VEGAS, - iTEAM Network announced today that Phil Ivey, widely considered the world's most talented poker player, will launch PhilIveyDFS on their Daily Fantasy Sports (DFS) platform.
"I've kind of made enough money to not have to worry about going down the internship and job path," Aaron said.
Boston-based Daily Fantasy Sports site DraftKings has appointed Janet Holian as its first-ever chief marketing officer. The co-founders previously worked with Holian at VistaPrint.
When asked about the massive ad blitze that could have resulted in various Attorney Generals coming after DraftKings and rival FanDuel, Holian did admit "we could have reduced the ads a bit".
Virginia lawmakers intend to file three bills with the General Assembly that would uphold Daily Fantasy Sports contests for cash as legal. They have proposed regulations in place to protect consumers.
Two versions have been filed in the House - one by a Republican and one by two Democrats - and a third bill is expected to be filed in the Senate.
Appellate Court Rules in Favor of DraftKings, FanDuel in New York - An appellate panel has ruled in favor of daily fantasy sports sites DraftKings and FanDuel, allowing both to continue operating in the state of New York while their appeal is being heard, according to Darren Rovell of ESPN. Read the DraftKings Appellant Ruling (PDF)