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…
Judging by the current debates and talking points being bandied about by both advocates and opponents, it appears the Daily Fantasy Sports industry is rocketing towards a day of reckoning with regulators and state legislatures like NASA’s New Horizons zooming towards Pluto. At some point in the not so distant future the industry is going…
Steve Ruddock outlines his take on fundamental problems the booming daily fantasy sports market is experiencing as growing pains while the legal market takes shape and continues to grow as a legal alternative to sports betting. 1. Two Daily Fantasy Apps Control 95% of Marketshare When it comes to Daily Fantasy Sports websites there’s DraftKings…
Unlike during the Poker Boom, when online gaming options were limited to traditional casino and sports betting, in 2015 there are a number of “gaming” style entertainment options to choose from on the Internet. There is the remains of the once prosperous online poker and casino industry, and in some locales the emergence of licensed…
Note: As of 2023 Disney is now fullly involved in sports betting, as the parent company of ESPN, which is launching the ESPN Bet app. The post below is relevant, but dated information on Disney’s path to embracing sports betting. Don’t be surprised if you start seeing DraftKings ads flood ESPN. As a part of…
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