Daily fantasy sports operators DraftKings and FanDuel have moved to defend the integrity of their businesses after it was revealed that a member of staff released inside information and placed winning bets on events.
Read More . . .A major scandal is erupting in the multibillion-dollar industry of fantasy sports, the online and unregulated business in which players assemble their fantasy teams with real athletes.
Read More . . .Anybody who has watched a football game on television recently has seen ads for fantasy sports websites that promise multimillion-dollar contests, cash prizes and testimonials from people who claim to have won tens of thousands of dollars.
Read More . . .Jason Robins, chief executive of DraftKings, has moved to distance daily fantasy sports (DFS) from sports betting, stating that the majority of fantasy customers in the US do not take part in sports wagering activities.
Read More . . .The increasing calls to regulate the daily fantasy sports (DFS) industry will likely grow even louder after it was suggested that a DraftKings employee had used inside information to win a six-figure prize.
Read More . . .Draft Kings, a Boston-based daily fantasy sports business that has hoisted itself into the public's attention, has not contacted one of the key Massachusetts lawmakers handling gambling matters.
Read More . . .The CEO of DraftKings, one of the major daily fantasy sports services, addressed the question nagging a growing pastime for sports fans: is it gambling?
Read More . . .At the casino industry's biggest trade show this week in Las Vegas, the hottest topic is a growing business that's left major players like MGM Resorts International out of the action: fantasy sports.
Read More . . .The relationship between regulated sports wagering and the booming daily fantasy sports industry, a widely debated subject, was explored but by no means settled at the Global Gaming Expo today.
Read More . . .David Stern, the former commissioner of the NBA basketball league, has said that he remains uncertain over the future of fantasy sports in the US, stating this form of gaming remains difficult to distinguish from traditional sports gambling.
Read More . . .Now it's time for real some movin' and shakin' in the ranks. Training camps have opened, teams are playing pre-season games, newcomers are getting big opportunities on big lines, and players are straining and breaking body parts.
Read More . . .DraftKings is expanding the fantasy horizon. The popular daily fantasy sports site announced it will add eSports in its lineup, alongside NFL, MLB, NBA and NHL.
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