Daily fantasy sports was an unauthorized activity in the state of New York until August of last year when lawmakers of the state decided to approve DFS contests. Once legislation was approved and regulations were [….]
New requirements have now been set in the DFS industry as gaming regulators in the state of New York have requested that operators of daily fantasy sports in the state provide proof that player funds [….]
On Friday morning, it was announced that FanDuel and DraftKings have reached an official merger agreement, combining the two companies into one. The merger had been rumored to be in the works for some time [….]
While a merger with rival FanDuel seems imminent, DraftKings continues to make changes to their daily fantasy offerings, just recently announcing two updates for the core product as well as an update for DK Live. [….]
Top daily fantasy sports providers FanDuel and DraftKings are reportedly suffering from financial strain, being unable to pay vendors for months as well as having issues with cashflow. New York Times Joe Drape has reported [….]
The multi-billion dollar daily fantasy sports industry has been under scrutiny in several states across the US for many months now. Several states are currently considering legislation that would legalize the option while others are [….]
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