Latest betting industry updates and major developments.
Editor update: After DraftKings inked a WSOP sponsorship deal in early 2015, later that year pressure over legalization questions caused DraftKings to cut ties with the poker tournament series. This post should now be considered a historical archive. Sponsorships and sports are nothing new, but in recent years the sponsors presence has blossomed to the…
There is a lot of talk surrounding the solvency and growth potential of Daily Fantasy Sports (DFS), but there are also some lingering questions about the future legality of DFS. As it currently stands, DFS is on firm legal footing: These are all strong arguments for the legality of DFS contests. However, these arguments only…
FanDuel, the largest Daily Fantasy Sports website, has been accused of false advertising in a class action lawsuit filed in the United States District Court for the Southern District of Florida on November 20th. The class action suit was first reported by Mondaq.com earlier this week.
Does sitting around watching sports with your new friends, eating hot dogs, and drinking beer in an office with a ping pong table and bean bags sound like your dream job? Well, that’s exactly what you shouldn’t expect in your future fantasy career. Just go ahead and prepare yourself now that there will be some…
Daily Fantasy Sports (DFS) has grown by leaps and bounds over the past three years, from a 1.28 million industry in 2011 to a projected $91.3 million industry in 2014 according to Eilers Research. A key element of that growth has been the industry’s adoption of, and marketing focus of big-money, guaranteed contests. In order…
We’re in the middle of a prime period of history for fantasy sports startups. The DFS industry is experiencing explosive growth, regulation is minimal and operators can piggyback off the increased awareness fueled by advertising paid for by the biggest, established brands.
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