Latest betting industry updates and major developments.
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…
Things are changing at DraftKings DFS. The fantasy site sent out an e-mail to customers today announcing a new prohibition against automated lineup management tools. Meanwhile, ESPN has reported on two other changes that include limiting how many times a single player may enter into some types of contests and plans to identify experienced players.
The Paulick Report broke some interesting news that a number of race tracks based in the United States and owned by the Stronach Group filed a lawsuit in California earlier today against fantasy horse racing site DerbyWars.com.
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,…
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.
We’ve been following the developing DraftKings / FanDuel insider trading controversy over recent days, but so much has already been said that we didn’t have much of value to add to the discussion.
Editors Note: AlphaDraft is CLOSED. The post below remains published for a historical archive. FanDuel sent out an e-mail today announcing its entry to daily fantasy eSports powered by AlphaDraft’s existing platform. Technically, FanDuel didn’t “launch” AlphaDraft since it has already been live and hosting contests for some time now. However, today’s e-mail represents the…
As I stated previously: “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 exemption in UIGEA,…
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…
Note: As of 2023 Disney is now fullly involved in sports betting, as the parent company of ESPN. 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 a deal inked between DraftKings DFS and…
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