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DraftKings Finds More Investors in Partnership with Revolution Growth
DraftKings the operator of Daily Fantasy Sports announced on Thursday that it ended a round of funding by raising $153 million with venture capital company Revolution Growth that Ted Leonsis co-founde... -
New York Approves Daily Fantasy Sports As Governor Signs Bill
Governor Andrew Cuomo officially signed a Fantasy Sports Bill on Wednesday into law legalizing fantasy sports for the state of New York. The battle to have fantasy sports made legal in New York has be... -
More States Adopt Daily Fantasy Sports Regulations
A minimum of six states have adopted laws governing Fantasy Sports, while another 21 did not. The six states are Colorado, Indiana, Mississippi, Missouri, Tennessee and Virginia. The six enacted laws ... -
Online Gambling Ready to Explode with Growth, Another DFS Site Shuts Down
The online gambling industry could explode growth wise due to the number of smartphones used today. Attendees at a major conference on gambling this week in Atlantic City, New Jersey say that Internet... -
Daily Fantasy Sports Companies’ Problems Persist, Capital Funding Drops
Anyone who watches any television has seen the deluge of daily fantasy sports advertisements from the two heavyweights in the industry: FanDuel and DraftKings. According to one analyst, DraftKings and... -
Texas Attorney General Calls Daily Fantasy Sports Illegal Gambling
The Texas Attorney General has announced that fantasy sports betting is an illegal form of gambling. Daily fantasy sports online sites took another blow this week when Ken Paxton the Texas AG branded ... -
Lawmakers in California Consider Future of Daily Fantasy Sports
This week, the proponents of Daily Fantasy Sports were busy giving their pitch to a panel of lawmakers in California for minimal regulation in this hugely popular fast growing industry. The Daily Fant... -
Report: DraftKings CEO Admitted That Not All Games in Compliance
In the continuing saga of FanDuel and DraftKings, the two largest and most well known Daily Fantasy Sports sites, CEO of DraftKings Jason Robins admitted last May during a conference call that some of... -
Attorney General in New York Files New Action Against DraftKings and FanDuel
The Attorney General of New York has filed an enforcement action that details what he said was violations committed by DraftKings and FanDuel the powerhouses of Daily Fantasy Sports. Both of the compa... -
Attorney General: DraftKings and FanDuel Issued Cease-and-Desist Order
Eric Schneiderman the Attorney General of New York has issued a cease-and-desist order for DraftKings and FanDuel the daily fantasy sports companies, late in the afternoon on Tuesday. The AG’s posit...
Archive for the ‘Daily Fantasy Sports’ Category.
