Posted on March 31st, 2018
We are all well aware of the troubles the NFL has had with ratings last season. Wether that decline in ratings is due to slower moving games (replay), less violent hits, or players kneeling during the national anthem is unclear at this point. The cold hard fact is that NFL ratings and profits are down […]
Posted on February 12th, 2018
With all the legislation being pursued in the various States, many companies are looking at how they can benefit from the prospect of totally legal and regulated sports betting. It is a no brainer to assume that fantasy sports operators are spending time and resources figuring how they can adapt quickly to this emerging market. […]
Posted on July 19th, 2017
The first daily fantasy sports platform in Atlantic City will take a new approach to online contests. FastPick puts a spin on traditional games by putting the bettor up against the casino, not other DFS players. The goal of the concept is eliminate the sharks who many feel are winning the overwhelming majority of prizes […]
Posted on May 14th, 2017
At one time, all U.S. Professional sports leagues had the exact same opinion related to sports betting, because of PASPA, which is legislation that bans sports betting, was passed. However, today it is quite obvious that the NFL, NBA, NHL and MLB do not have the same opinion any longer. The NFL has kept it […]
Posted on May 11th, 2017
Paddy Power Betfair the powerhouse bookmaker in Europe decided to enter the United States daily fantasy sports market. The bookmaker announced on Wednesday it acquired daily fantasy mobile app DRAFT for a price of $19 million, with additional cash considerations that could reach as high as $29 million during the upcoming four years. That total […]
Posted on October 31st, 2016
DraftKings and FanDuel, the two most dominant players in the growing industry of daily fantasy sports are said to be finalizing a deal for a merger, says a number of reliable sources that have knowledge of the situation. A deal of this nature has been long rumored but never before considered imminent like it was […]
Posted on August 4th, 2016
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 been going on for nine months. With the bill now signed, that battle has come to an end. Cuomo requested a […]
Posted on July 19th, 2016
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 that legalized as well as regulate games that are offered by sites such as FanDuel, DraftKings and dozens more small Daily Fantasy Sports operators. […]
Posted on February 14th, 2016
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 FanDuel combined to spend over $150 million during the third quarter of just 2015 on Internet and television advertising. This phenomenon of winning millions with […]
Posted on January 21st, 2016
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 them illegal gambling operations. After a long review during which Texas residents were convinced by lobbyists to bombard him with many messages […]