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 in my last column: “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…
Judging by the current debates and talking points being bandied about by both advocates and opponents, it appears the Daily Fantasy Sports industry is rocketing towards a day of reckoning with regulators and state legislatures like NASA’s New Horizons zooming towards Pluto. At some point in the not so distant future the industry is going…
Now that the baseball season is in full swing, it’s time to start looking ahead to the big season-end finales to be hosted by all the major fantasy sites. The 800-pound gorilla in the room is, of course, FanDuel.com. They recently revealed the details of the upcoming World Fantasy Baseball Championship (WFBC), and it’s going…
On June 4th, the New Jersey Department of Gaming Enforcement (DGE) issued a Director’s Advisory Bulletin advising online betting affiliates to stop promoting unlicensed offshore sites to players in the United States. People who currently promote illegal gambling sites have 150 days to fall in line and receive amnesty from any future legal action.
This post contains outdated info. Click here for the latest US betting news. In between Sheldon Adelson scaring us all with his promises to ban online gambling “whatever the cost” and various anti-gambling bills proposed at the federal level, there is some reason for optimism over the long run. There’s a small but unmistakable trend…
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…
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