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. 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…
Big investments and bold claims are the name of the game as DraftKings and FanDuel jockey for the top spot in online daily fantasy. Recently, the Better Business Bureau’s National Advertising Division recommended that DraftKings stop making the claim that it is the largest US-based daily fantasy site in the country.
DraftKings DFS is home to the biggest fantasy PGA competition in the world. It’s called the Fantasy Golf Millionaire, and it guarantees $3,000,000 in prizes, with a juicy one million dollar payout for the winner. Competition is stiff with room for nearly 150,000 entries, but the upside is that it costs just $25 to take…
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.
NBA Commissioner Adam Silver took a surprising stance on legal sports betting in a November 13th opinion piece posted at the New York Times. In the statement, he argues that the National Basketball Association needs to rethink its long tradition of opposing any expansion of legalized sports betting in the United States.
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…
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