Texas Businessman Makes Largest Super Bowl Bet, $3.46 Million on Tampa
Jim “Mattress Mack” McIngvale, a Texas furniture store chain owner, leads the pack of big bettors with a multimillion-dollar Super Bowl wager.
DraftKings
Draft Kings Election Pool: Majority in 49 States Predict Trump Victory
A Draft Kings Election Pool update posted on the eve of Election Day showed that a majority of participants in 49 states believe that President Donald Trump will emerge as the victor in the presidential election.
MLB Tells Court Attempts at Cheating Are a Part of Sports
NEW YORK (AP) — Attempts at cheating are a part of sports, Major League Baseball said in urging a federal judge to dismiss a lawsuit by fantasy contestants.
Congress to Consider Lifting Ban on Sports Betting
With the growing popularity of fantasy sports betting websites and the corresponding questions over their legality, a congressional committee looks to reconsider the wide bans on sports betting currently causing such confusion.
California May Legalize Fantasy Sports Betting
A bill allowing daily fantasy sports betting websites to operate in California cleared the State Assembly on Wednesday, bucking a national trend.
Judge: Daily Fantasy Operators DraftKings and FanDuel Out of Business in NY
On Friday, New York Supreme Court Judge Manuel Mendez disappointed players of fantasy sports in New York, as well as the NBA, MLB, and the NHL, by ruling daily fantasy operators DraftKings and FanDuel could not do business in new York.
Fantasy Sports Sites File Suit After Protest at NY AG’s Office
With attorneys general across the country turning their attention to online fantasy sports sites, many are being shut down as states figure out what regulations to impose on the industry. But two of the nation’s biggest sites are proactively filing a lawsuit in New York to prevent the state from shutting them down.
FanDuel and DraftKings Receive Cease-and-Desist Letter from NY AG
The office of New York’s attorney general fired off cease-and-desist letters to FanDuel and DraftKings fantasy sports websites.
States to Tax Fantasy Sports’ Exponential Growth
Desperate for revenue, several states are making a major push to regulate and tax so called “daily fantasy sports,” such as New York’s FanDuel and Boston’s DraftKings.
Dem Congressman Wants List of All NFL Players Engaged in Daily Fantasy Sports
U.S. Rep. Frank Pallone Jr., a top New Jersey Democrat on the Energy and Commerce Committee, sent a letter to two large, daily fantasy sports websites requesting a list of National Football League (NFL) personnel who used their services in the last year.
NCAA Bans Advertising During Championships for FanDuel and DraftKings
In the wake of multiple investigations in states across the country over allegations of “insider trading,” the NCAA has imposed a ban on advertising for the fantasy sports betting sites FanDuel and DraftKings.
DraftKings Internal Investigation Claims Employee Did Not Use ‘Insider Information’
With accusations of “insider trading” still hanging over the fantasy sports betting industry, one of the two websites at the center of the scandal, DraftKings, has released the results of an internal investigation. The website now claims that one of the employees accused of insider trading did not use internal data to win over $350,000 on rival site, FanDuel.
Nevada Shuts Down Fantasy Sports Sites after Calling Them ‘Gambling’
Fantasy sports sites, on the heels of a betting scandal prompted by what detractors called “insider trading,” received a shutdown notice from the state of Nevada as regulators and lawmakers turn their attention to making new rules to cover the popular online venues.
Watch: Conan O’Brien Spoofs Daily Fantasy Sports Ads with ‘SpendKings’
Just days after daily fantasy sports sites FanDuel and DraftKings were charged of insider trading, TBS’s Conan O’Brien spoofed the two sites’ commercials on his nightly show “Conan.” The commercials, which are seen often on sports stations and during sporting events, portray testimonies from
NY AG Launches Inquiry Into FanDuel, DraftKings Fantasy Football Scandal
New York Attorney General Eric Schneiderman wants to know if employees of the two largest fantasy football betting sites used privileged information to make money on NFL games.
Fantasy Football Sites Hit with Charges of Insider Trading
Fantasy football competitors have been rocked by a major scandal after news leaked that an employee of one of the websites prematurely leaked player data that could affect millions of dollars in bets, sparking charges of “insider trading.”
