News | Fantasy Sports Betting - Part 8

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

  • DraftKings Optimistic after Filing New York Court Appeal

    DraftKings has argued that daily fantasy sports are no more games of chance than dog shows or spelling bees after filing an appeal against the New York court which ruled that such contests should not be allowed in the state. Having been popular in New York for the best part of ten years, fantasy sports […]

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  • DraftKings Raises $70 Million from Investors

    Fantasy sports betting giant DraftKings has raised $70 million in its latest round of funding, according to reports in the Boston Globe by two unnamed insiders. The cash injection will be added to the $500 million invested in the company in two previous rounds last summer, which valued the company at around $2 billion. DraftKings […]

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  • DraftKings Launches UK Site

    DraftKings, the tremendously successful US fantasy sports betting service, has launched in the UK after receiving an operating license from the UK Gambling Commission last year. The site, which already offers daily contests for NBA, NHL, MLS and golf will now allow players to compete for prizes based on the performances of stars in European […]

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  • Indiana Lawmaker Fighting for Fantasy Sports Revival

    A member of Indiana’s House of Representatives has described fantasy sports as an activity which brings family and friends together, as he battles to get a bill passed which will allow players from the state to keep enjoying daily contests. Republican Alan Morrison is behind legislation which, if implemented, would provide tighter regulations for the […]

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  • Dallas Mavericks Owner Slams Texas’ Fantasy Sports Stance

    The debate over fantasy sports betting has intensified after the Texas Attorney General declared that daily contests do constitute gambling. It is the latest state to put pressure on the industry following increased scrutiny over the past few months, but the latest ruling has prompted an angry response from industry insiders and has even been […]

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