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.

Submitted by: Anonymous on January 27, 2016

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.

Submitted by: Aaron Goldstein on January 26, 2016

One of the more successful Daily Fantasy Sports players, Maxdalury (real name unknown), has premiered his new DFS all-in work station

Submitted by: Aaron Goldstein on January 24, 2016
DraftKings Boosts Lobbying Efforts

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.

Submitted by: Aaron Goldstein on January 22, 2016

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.

Submitted by: Anonymous on January 20, 2016

Aaron Jones (aejones) is a poker player living in a daily fantasy sports world. Since he turned 17 years old, Aaron has played poker professionally.

"I've kind of made enough money to not have to worry about going down the internship and job path," Aaron said.

Submitted by: Aaron Goldstein on January 18, 2016

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".

Submitted by: Aaron Goldstein on January 18, 2016

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.

Submitted by: Aaron Goldstein on January 15, 2016

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) 

Submitted by: Aaron Goldstein on January 11, 2016

A bill to legalize and regulate Daily Fantasy Sports in the state of California drafted by Assemblyman Adam Gray went to a committee vote in Sacramento Wednesday (January 6, 2016) and passed almost unanimously.  

Submitted by: Aaron Goldstein on January 06, 2016

Jay Caspian Kang of the New York Times Magazine has written a great piece on the Sharks vs. Fish phenomenon in Daily Fantasy Sports, better described as “Those in The Know vs. Suckers”.

Submitted by: Aaron Goldstein on January 06, 2016

One of the hottest esports startups of 2015 is shutting down the core of its business, that being its real money fantasy contests.

The company made the shock announcement on Monay. 

The move comes in response to increasing regulation on daily fantasy sports in many States around the country.

Submitted by: Aaron Goldstein on January 04, 2016

In the wake of New York and a handful of other states efforts to scare off Daily Fantasy Sports sites the likes of DraftKings and FanDuel, Indiana is taking on an entirely different approach.

Submitted by: Aaron Goldstein on January 04, 2016

Rick Moran of American Thinker expressed dismay over New York Attorney General Eric Schneiderman’s attempts to “destroy two legitimate companies”, those being Daily Fantasy Sports sites DraftKings and FanDuel.

Submitted by: Aaron Goldstein on January 03, 2016

(Associated Press) - New York's attorney general has filed a lawsuit asking FanDuel and DraftKings to give back all the money they made in the state, the latest salvo in an ongoing clash with a pair of increasingly popular daily fantasy sports websites.

Submitted by: Anonymous on January 01, 2016

A Hall of Fame bookmaker and a former executive consultant for Del Mar Thoroughbred Club are teaming up to offer a new version of daily fantasy sports, based on an old form of betting (pari-mutuel wagering), that could be coming to a race track near you.

Submitted by: Aaron Goldstein on December 29, 2015

CHICAGO — (Associated Press) - New York-based FanDuel and Boston-based DraftKings filed separate lawsuits against Illinois Attorney General Lisa Madigan on Thursday, a day after she declared daily fantasy sports betting illegal in the state.

Submitted by: Anonymous on December 26, 2015

One of the better pieces dealing with the sports wagering industry we have read in some time also delves into the relationship between the NFL and Daily Fantasy Sports firms DraftKings and FanDuel. 

More so the article focuses in on SportsRadar’s new deal with the National Football League and that companies long cozy relationship with sports betting firms.

Submitted by: Aaron Goldstein on December 20, 2015

SACRAMENTO, Calif. (Associated Press) — Purveyors of daily fantasy sports gaming made their pitch for minimal regulations for the fast-growing industry before a panel of California lawmakers on Wednesday, arguing that the online sports matchups are a harmless outlet for fans and purely based on skill, not chance.

Submitted by: Anonymous on December 17, 2015

FanDuel and DraftKings each saw a drop in entry fees for their typically lucrative NFL contests last weekend, even after a New York appeals court granted the daily fantasy sports operators temporary permission to resume business in the state, according to Fox Business.  Sagging revenues are being blamed on both companies expensive legal battle with the state of New York following Attorney General Eric Schneiderman’s declaration that both engage in illegal online gambling. 

Submitted by: Aaron Goldstein on December 16, 2015

Over 40 speakers have already committed to the 2nd ever Daily Fantasy Sports Expo to be held once again in Miami Beach March 3-4, 2016. 

"I am completely taken aback by the amount of interest in this conference, considering everything that has been transpiring iwithin the industry,' remarked conference organizer Marc Lesnick.

Submitted by: Aaron Goldstein on December 14, 2015

DraftKings and FanDuel have successfully obtained an injunctive relief through an emergency order which will allows both daily fantasy companies to continue to operate in the state of New York. 

Submitted by: Jeff Williams on December 11, 2015

DraftKings legal counsel on Friday afternoon confirmed they would file an Emergency Notice of Appeal in the wake of a New York Superior Judge upholding a decision to ban it and rival FanDuel from operating in the Empire State.

Judge Manuel Mendez released his decision Friday morning.

Submitted by: Aaron Goldstein on December 11, 2015


Submitted by: CCostigan on December 11, 2015

(Associated Press) - Daily fantasy sports companies DraftKings and FanDuel are supporting Massachusetts' approach to regulating their industry.

The companies and other industry experts participated Thursday in a forum hosted by the Massachusetts Gaming Commission.

Submitted by: Anonymous on December 10, 2015