A federal judge dealt a serious blow to Derby Wars two months ago in its case against the Stronach Group, but Derby Wars will continue operating. The daily fantasy horse racing site reached an agreement with the Stronach Group to settle the lawsuit and bring the matter to an end.
A ruling handed down by a federal judge this week will allow a suit against fantasy horse racing site Derby Wars to continue. Judge James Otero determined in his ruling on May 15th that the fantasy contests run by Derby Wars constitute wagering and the site should be treated as an off-track betting outlet.
Editors update: ESPN is now actively involved in the sports betting industry after partnering with Penn Entertainment to operate ESPNBet.com The idea that fantasy sports betting is opening the door for the expansion of traditional sports betting may not be the most shocking news ever, but David Pardum of ESPN published an excellent and very…
Donald J. Trump will be sworn in as the 45th President of the United States on Friday, July 20th, 2017. With the wild ride that was the 2016 election cycle behind us, many have now turned to speculating to the future of a Donald Trump Presidency. Donald Trump said and promised many things on the…
FanDuel and DraftKings nearly merged before sports betting was legalized, the news came straight from the operators via e-mails sent out by both companies.
Over the last week, ESPN writers David Purdum and Ryan Rodenberg published an incredibly in-depth and well-researched piece that looks at the future of sports betting in the United States. After conducting dozens of interviews over a span of four months, ESPN has put together an extremely detailed look at the likelihood of legalized sports…
America’s largest casino and gambling trade association is all-in on sports betting. The American Gaming Association, which represents the $240 billion US casino industry, has upped its lobbying game this year in full support of legalizing the expansion of sports betting in the United States.
Update: The bait app has closed, with no plans to relaunch. A tech-savvy entrepreneur has big plans to take up social sports betting and remain on the right side of the law at the same time. Ian Peacock was studying at the University of South Carolina when he came up with the idea for an…
Fantasy horse racing contests provide the thrill of handicapping while simultaneously minimizing the inherent risk. You get a chance to win real money on horse races, but you’re not required to place wagers. Pay one entry fee and you now have a stake in multiple races with the potential to win a lucrative payout.
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…
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