DraftKings is hoping to launch its UK-facing product some time in August but is still waiting to receive approval for a UK gambling license. This situation could be a problem for the daily fantasy sports giant in more ways than one. As anyone who has been following the epic crash of the US-facing daily fantasy…
Missouri lawmakers recently passed a measure that both legalizes and regulates daily fantasy sports sites in the Midwest state, but not everyone is happy about the new law. A group of smaller daily fantasy sports operators are saying that H1941 is tailor made for DraftKings and FanDuel and will drive their competitors out of business.…
The daily fantasy sports industry continues its fight for survival in the US with battles in the Colorado and Texas statehouses. On another front, daily fantasy sports operators lost their bid to advertise on NBA jerseys. Colorado Bill Gets High Profile Supporter In Colorado, lawmakers considering HB 16-404, which would create an office of fantasy…
The Connecticut Attorney General is pouring cold water on a new plan to tax daily fantasy sports sites that operate in the state. He's worried that proceeding with the plan could jeopardize the state's current gambling compacts with tribal gaming interests. At issue is a proposal being considered by the Connecticut State Senate to tax…
The bad news just keeps rolling in for beleaguered daily fantasy sports operators, DraftKings and FanDuel. Earlier this week, CG Technology filed patent infringement lawsuits against the two companies in a Nevada courtroom. CG Technology (which used to operate under the name Cantor Gaming) is a longtime provider of sports betting technology and software to…
This week Alabama became the 12th US State to bar its residents from playing on daily fantasy sports sites. The move was announced by Alabama State Attorney General, Luther Strange in a news conference on Tuesday. Strange also announced that his office had sent out cease and desist notices to daily fantasy sports operators…
DraftKings and FanDuel have both announced that they will no longer be offering real money daily fantasy sports action on college sports. It's a move that offers the struggling operators a big PR win, without taking much off their bottom lines. The action, which was made late last week, applies across the entire United States…
Colorado lawmakers are examining the idea of opening up an, "Office of Daily Fantasy Sports," to regulate and license daily fantasy sports (DFS) sites. It's an idea that's supported by the the fantasy sports industry and, if successful, could catch on nationwide. The bill was introduced last week and has received bipartisan support at the…
If you're a New York-based daily fantasy sports player who was thinking that this was going to be your year to win big, we have some very bad news for you. In an announcement made Monday afternoon, the Attorney General of New York said that both Draft Kings and FanDuel have agreed to stop taking…
With the passage of the Fantasy Contests Act, Virginia recently became the first US State to legalize daily fantasy sports. It's a massive leap forward for the beleaguered daily fantasy sports industry, but it might not be such great news for smaller and start-up operators. At its core, the Fantasy Contests Act, which was signed…
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