The last few years have seen quite a bit of growth in the fantasy sports gambling industry. There are two major companies pushing this growth and they are DraftKings and FanDuel.
(Springer) Chances are good that youngsters growing up around family members who gamble will also start doing so to release the strains of daily living. This is not necessarily true for adolescents whose family members find their escape in alcohol or drugs. Show More Summary
Both sites have faced recent legal challenges centering on whether their contests amount to games of skill or gambling. They hint that reducing legal costs was a factor in the decision to join forces.
In an email sent to all users, the daily fantasy gambling site Alphadraft has announced it will cease operations on October 21. More »
Redknapp filmed by the Telegraph By Paul Morrissey Friday, September 30th, 2016 23:41 Telegraph sting operation to expose football corruption The Daily Telegraph are on a rampage against football corruption. Having already gotten Big Sam Allardyce the sack from the England job, they’re now dishing the dirt on more managers who they’ve caught out in […]
Ryan Grim at Huffington Post has a story that shows both the role Trump once played in New Jersey’s now-crumbling seaside gambling mecca and his continuing impulse-control problems. Hat/tip to HuffPost Hill’s kicky daily digest of political stuff for where...Read more
Daily fantasy sports websites are trying to get legal after a series of state-level setbacks that shut them down in some parts of the country, but officials who set policy in the gambling mecca of Nevada indicated they won't be bending too far backward for the companies. … Click to Continue »
image credit The gambling industry is one of the most lucrative in the world with millions of bets being placed around the world on a daily basis. Here are the biggest bets ever made in the history of gambling. The Presurfer
DraftKings and FanDuel suspended operations there after after the state's attorney general argued they were essentially gambling sites. A new state law declares fantasy sports to be games of skill.
Illegal gambling or game of skill? Empire State chooses latter in new law legitimizing the popular online sports contests
In the final hours of the legislative session early Saturday, the New York Senate passed a bill declaring that daily fantasy sports do not constitute gambling under state law. Gov. Andrew Cuomo is expected to sign it. "New York fantasy...Show More Summary
NFL Commissioner Roger Goodell has said that fantasy football isn’t about wagering, and that daily fantasy isn’t really gambling because it’s not about the outcome of games. The second-most prominent member of the Goodell family thinks differently. Andy Goodell, Roger’s cousin, is a New York State assemblyman. The New York legislature is currently debating the…
Welcome to Monday’s edition of our daily Brussels Briefing. To receive it every morning in your email in-box, sign up here. By Aleksandra Wisniewska In March, Europe’s leaders gambled their political futures, diplomatic credibility and...Show More Summary
Coffee to combat your daily slump and fatigue? No more... the "2016" caffeine shot at work is... sleep! A number of high profile companies such as Google, Zappos, Cisco and Proctor & Gamble have started to offer their employees an alternative...Show More Summary
The daily fantasy industry has assumed a much lower profile in recent months, even as the assault against the non-gambling gambling activity has continued in various states throughout America. On Wednesday, the federal government will take a closer look at a business model spawned by federal legislation from 2006 that made online wagering illegal —…
Leave it to the states. That is the conclusion of theCompetitive Enterprise Institute(CEI), which has released a new report regarding online gambling with a focus on daily fantasy sports. The reportis releasedin advance of a scheduled hearing before theU.S. House of Representatives Committee on Energy and Commerce on the issues [...]
Daily fantasy sports have created a lot of controversy. Since the winnings come in real money, some states are calling it illegal gambling. But FlowPlay is offering an alternative with the launch of its new social sports game, All Star Daily Fantasy. The title offers the gameplay of betting on daily fantasy sports games, but it […]
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Many Americans are making a 'dangerous retirement gamble' (Gary D. Halbert's Between the Lines) " More and more...Show More Summary
Leading daily fantasy sports (DFS) operators DraftKings and FanDuel Monday reached a deal with New York Attorney General Eric Schneiderman to "stop taking bets in New York State." The agreement represents a major victory for Schneiderman who's been trying to oust both sites from New York since October of last year. Show More Summary
NEW YORK (Reuters) - Top daily fantasy sports companies FanDuel and DraftKings agreed to stop taking money in New York on Monday, amid a months long fight with the state's attorney general over whether the games are illegal gambling....Show More Summary