Since the fall of PASPA, the number of opportunities for legal US online gambling operators has increased, and so has the level of competition. The new post-PASPA reality isn’t phasing 888 Holdings.
The daily fantasy sports is currently fighting for its life in statehouses across the country, but if you were to only listen to the DFS crowd you’d think it was the other way around, and it was the lawmakers who were coming to the DFS industry to lure them to the state. I feel the…
Over the past several years, legislatures from California to Massachusetts have looked into online gambling legalization, and while progress has been slow, there has been progress. But there is a newfound fear among some online gaming advocates that daily fantasy sports is stealing their spotlight.
In the very same week that iovation, a company with strong ties to the now-defunct and utterly reviled Ultimate Bet online poker site, was approved by Nevada regulators, a daily fantasy sports website, FantasyHub, appears to be unable to meet its obligations to its customers. And if that wasn’t bad enough, there is this part…
On Tuesday evening, while many were glued to their television watching the results pour in from the New Hampshire primary, PBS’s FRONTLINE, with the help of the New York Times, aired an hour-long episode delving into the world of online sports betting and daily fantasy sports.
The daily fantasy sports industry is currently facing a myriad of legislative battles in statehouses across the country. There are the handful of frontline states where along with legislative efforts the states’ Attorneys General have weighed in on the subject: New York, Massachusetts, Illinois, Florida, and most recently Texas, and while these states get the…
If you’re following the current situation unfolding in the world of daily fantasy sports you’re probably astutely aware of the battle lines being drawn. On one side are the DFS operators and industry and their ardent supporters. These people are decidedly pro-DFS and given their druthers wouldn’t change a thing. On the other side… well,…
On September 30, PokerStars announced they had been approved for a transactional waiver by the New Jersey Division of Gaming Enforcement. The approval was some two years in the making and allows PokerStars to launch a licensed online poker site in the state of New Jersey in conjunction with their partner Resorts Casino.
Following the #DKLeaks kerfuffle that has blown up over the past week, the DFS industry will be hard-pressed to avoid regulation, which has long been a touchy subject in the DFS industry for several reasons.
As I stated in my last column: “DFS is a game of skill and uses a sweepstakes format, so it’s not gambling. Daily Fantasy Sports is a game of skill and is therefore not gambling.” These are the arguments DFS advocates continually cite as they try to stay within the bounds of the Fantasy Sports…
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