Industry Updates

If you have an account with horse wagering website BetAmerica.com, you may have received an e-mail this week regarding a new deposit method for funding your account. On July 10th, BetAmerica announced a new e-wallet payment method by the name of PayLucky. The new funding option was new to me as I’m sure it was…

The latest estimate from the American Gaming Association (AGA)on March Madness betting revenue, an organization that advocates for the casino industry in the United States. This number comes on the heels of the AGA’s prior estimate that some $4.2 billion was wagered on the last Super Bowl. In both cases, illegal gambling accounts for an…

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.

Angry birds for real money? PokerStars? Yes, some familiar names may soon be making an appearance on the New Jersey gambling scene. Two recent developments this week paint an interesting future for Garden State gamblers.

This week’s daily fantasy sports roundup brings only good news for DFS fans. Legalization bills made progress in both Virginia and West Virginia, and Mark Cuban penned an interesting column in which he tells politicians “good luck killing fantasy sports.”

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…

Love ‘em or hate ‘em, there’s no denying lobbyists can get things done. The fantasy sports industry seems to have figured that out based on a report from the Wall Street Journal. The report indicates that the industry has already spent somewhere between $5 million and $10 million on lobbying efforts across the United States…

Kountermove customers received an e-mail this morning announcing that DraftKings Daily Fantasy has acquired the fantasy MMA site. The e-mail explained that current Kountermove customers can set up an account at DraftKings and transfer their funds over from Kountermove. Anyone who already has a DraftKings account can just transfer the funds over to that account.

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.