News | Fantasy Sports Betting - Part 6

News about the industry or any other news NOT a tip or a review or round-up

  • Are FanDuel and DraftKings Discussing a Merger?

    Market-leading fantasy sports betting sites DraftKings and FanDuel are said to be in discussions over a potential merger, according to financial news service Bloomberg. The report cites anonymous “people familiar with the situation” as its sources and suggests investors in both brands have been keen on the deal for a while, unhappy at the amount […]

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  • New York Reaches Deal to Legalize Fantasy Sports Betting

    New York has become the latest U.S. state to reach a deal to legalize fantasy sports betting after a turbulent few months full of legal wrangling. Following a meeting on Tuesday in Albany between the chairman of the State Senate’s gambling committee and legislative leaders, an agreement was reached that will see daily fantasy contests […]

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  • FanDuel Plans Summer UK Launch

    FanDuel is set to follow in the footsteps of fellow daily fantasy sports site DraftKings as they prepare to launch their services in the UK later this year. While there is still no firm date in place and approval for an operating license has not yet been confirmed, FanDuel co-founder and CEO Nigel Eccles has […]

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  • Rumors Suggest New York Fantasy Sports Bill is Imminent

    Twitter rumors suggest New York could become the next state to vote on a bill to legalize and regulate the fantasy sports betting industry within its borders. The Empire State is seen as a key jurisdiction for the industry, after big hitters FanDuel and DraftKings ended a public battle with Attorney General Eric Schneiderman in […]

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  • Fantasy Sports Betting Debated in Key Congressional Hearing

    An eagerly-anticipated debate on Capitol Hill about whether the federal government needs to take a stand on fantasy sports betting has taken place, but the congressman who helped to bring the hearing together has admitted that he is still unsure over what direction lawmakers will now turn. The fantasy sports industry has come under scrutiny […]

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