Fantasy Sports Industry News
Fantasy Sports Industry News
Daily Fantasy Sports Businesses Must Be Classified as Gambling Sites in UK
(Gambling911.com Fantasy Sports Wire) - An interesting dilemma has arisen with news that Daily Fantasy Sports powerhouse DraftKings recently submitted an application with the United Kingdom Gambling Commission. Their intent was not immediately known but the presumption is that DraftKings will one day like to be regulated in the United Kingdom. After all, rival FanDuel.com was actually founded in the UK.
But this is an industry that is working hard to present itself as providing an activity not deemed to be gambling.
DraftKings.com Fantasy Soccer Contests Pay Out $10,000: High Rollers Delight
(G911 Fantasy Sports Wire) - Gambling911.com and sister site DFS911.com are always on the lookout for the best in Daily and Weekly Fantasy contests. DraftKings.com has its head-to-head Soccer contests that pay out $10,600.
Forbes is Speaking at the First Ever Daily Fantasy Sports Expo
(G911 Fantasy Sports Wire) - Joining the likes of CBS Sports, AlphaDraft, Vulcun, Shamrock Investments, FanWars and more, Gambling911.com can reveal that Forbes will be speaking at the first ever Daily Fantasy Sports Expo in Miami Beach this coming August 6-7.
DraftKings British Open Millionaire Maker Announced as US Open Contest Sold Out
(G911 Fantasy Sports Wire) - DraftKings.com has announced that the PGA Millionaire Maker for the US Open is now sold out. With a small number of satellites still going, DraftKings was allowing tickets to be converted to DK dollars or an entry into the British Open Millionaire Maker on July 16, 2015. The British Open is commonly referred to as just The Open. It is one of the most wagered on events in the UK.
Contest details appear below. Drafting for this event was not yet available on June 17.
What is the Best Fantasy Golf Site for Real Cash?
Gambling911.com has been reviewing a number of Fantasy Golf sites to determine which is the best for winning real cash. It becomes pretty obvious when looking at the contest offerings across the Net.
DraftKings.com clearly has some of the biggest real cash prizes. The problem with a mega site the likes of DraftKings is the number of entrants.
DraftKings Expanding Into Sports Media With Playbook Hires
(G911 Fantasy Sports News Wire) - DraftKings Playbook Media arm has gone from just two employees to a staff of 25. BetaBoston.com writes:
It now churns out a steady stream of online posts offering the kind of fantasy advice that DraftKings users have traditionally sought from the likes of ESPN and Rotoworld.
Sportech to Take Over DraftDay.com in $7 Million Deal
(G911 News Wire) - DraftDay.com, the third largest Daily Fantasy Sports site, but by a rather large margin, has been sold to Random Outcome USA, a newly formed subsidiary of Sportech. MGT will sell all of its Daily Fantasy Sports ventures as part of the deal, reported to be worth $7 million, $4 million of which will be in cash. MGT will retain an equity interest in the new company as well. This includes common stock and warrants.
FantasyAces World Baseball Championship Promises $250K, $100K First Prize
DraftKings isn’t the only Daily Fantasy Sports site offering top cash prizes this summer. Mid-tier DFS site FantasyAces.com has its World Baseball Championship, promising $250,000 in prize money including a $100,000 first place prize and $50,000.00 awarded to second place. FantasyAces.com just took part in a reverse merger with Vancouver-based DraftTeam.com, so it appears as if they are in for the long haul and have some capital behind them. Gambling911.com has provided Fanta
DraftKings Fantasy Golf Millionaire Maker to Make One Person a Millionaire This Week
One of the world’s biggest Daily Fantasy Sports sites, DraftKings.com, will be offering the chance to win a cool million with this week’s US Open and its Golf Millionaire Maker contest.
Breaking News: CBS Sports to Attend Daily Fantasy Sports Expo
Gambling911.com has confirmed that CBS Sports, one of the leaders in season long Fantasy Sports, will be speaking at the first ever Daily Fantasy Sports Expo in Miami Beach June 7-8. More details were forthcoming.
Best Daily Fantasy Sports Golf Contests
Gambling911.com takes a look at some of the best Daily Fantasy Sports Golf contests being offered across the Net.
The $75K US Open Golf Contest at Victiv.com offers a $14000 grand prize, $8400 for 2nd and $5240 for 3rd.
This is a 156 player event. It is a 156 player “you win and you’re in” contest from the folks in Austin, Texas who run Victiv.com, a mid-tier Daily Fantasy Sports site.
Nine-month qualifiers were being offered leading up to the $75K US Open Golf Contest.
League of Legends - LoL Master Series Betting Odds – 11 Thru 15 June
League of Legends LoL Master Series betting odds were being offered by a handful of established online gambling ventures including William Hill, Pinnacle Sports and Bet365. Sorry, US players not accepted at this time.
The eSports fan based was recently projected to top that of the NFL by 2017, this is being propelled heavily by League of Legends.
Fantasy Sports Combine to Take Place in Vegas Despite NFL Ruffling Its Feathers
DENVER – (Associated Press) - Organizers of the Fantasy Sports Combine are going ahead with plans for their inaugural event in Las Vegas next month in contrast to the Tony Romo-led Fantasy Football Convention that was scuttled after the NFL reiterated its policy banning active players from making promotional appearances at casinos.
The Fantasy Football Convention was slated to have more than 100 NFL players participating in autograph sessions, photo ops and fantasy-related events.
Gaming Nation Purchases All Shares in Fantasy Feud
TORONTO - Gaming Nation Inc. (formerly Oceanside Capital Corp. TSXV: OCC) (the "Company" or "Gaming Nation") (TSXV: FAN) is pleased to announce that it has completed its previously announced reverse takeover transaction with Gaming Nation Acquisition Corp. ("GNAC") and has today purchased, directly and indirectly, all of the shares of 5050 Central Ltd. and its subsidiary 5050 Central-Delaware Inc., Fantasy Feud Inc., Guru Fantasy Reports, Inc. and Stevo Design, Inc.
Fantasy Aces Daily Fantasy Sports Site Enters Into Reverse Merger With DraftTeam
It was revealed on Monday that Vancouver-based DraftTeam and California-based FantasyAces.com have entered into a “reverse merger” deal whereby the later company will retain its executives and employees to run the newly created Daily Fantasy venture. It will trade on the Vancouver Stock Exchange.
On a combined basis and for the 5-month period ended May 31, 2015, Fantasy Aces Daily Fantasy Sports Corp. has:
NFL Denies Calling Players and Their Parents to Cancel Fantasy Event: Romo Livid
Following news Monday that an NFL Fantasy Sports themed expo had been cancelled due to the league’s policy prohibiting players from holding events in casinos, event organizer Tony Romo took to the airwaves Tuesday morning to express his disgust.
AlphaDraft.com eSports Daily Fantasy Site Credits Twitch for Its Success
A co-founder in the eSports Daily Fantasy website AlphaDraft.com says that Twitch has played a significant role in getting his company off the ground and running.
Ex-NBA Commissioner David Stern Wants Daily Fantasy Sports…. For Horse Racing?
Speaking before the Pan American Conference event for horse racing, former NBA Commissioner David Stern suggested that Thoroughbred racing should start to embrace Daily Fantasy Sports.
“Fantasy is another way to get people interested in your sport and you can go one better than fantasy because with Thoroughbred racing they can make a legal wager anytime they want. Fantasy has demonstrated what we already knew: Americans love to gamble.”
Why The NFL Cancelled Tony Romo's National Fantasy Football Convention
The National Football League this weekend demanded that Dallas Cowboys starting quarterback Tony Romo cancel a Daily Fantasy themed event scheduled to take place in Las Vegas next month, citing a league policy prohibiting players from appearing in casinos.
Romo, who recently joined Twitter, wrote that the league canceled the event. The Dallas quarterback said he was “sad for the fans and players.”
DraftTeam.com Review From DFS911.com: Is This Daily Fantasy Site Safe?
Our sister website DFS911.com has published its review of Vancouver-based Daily Fantasy Sports site DraftTeam.com in terms of its financial stability.
DFS911.com discusses the possibility of this site going broke, its public offering and the folks behind the firm.
SnapDrafts.com Review, Early Report Released by DFS911.com
Gambling911.com sister site DFS911.com reports the anticipated launch of SnapDrafts.com and has provided an early review of the Minneapolis, Minnesota-based Daily Fantasy Sports site.
PlayDraft.com: Does This Site Have Money? Is It Financially Sound?
PlayDraft.com or simply Draft is indeed a financially sound company that recently raised $3.5 million from various investors. It focuses exclusively on the mobile daily fantasy market.
Upfront Ventures led the round, with participation from Advancit Capital, BoxGroup, The Chernin Group, and QueensBridge Venture Partners.
Does Your Daily Fantasy Site Have Money Behind It? Are They Broke?
With ScoreStreak.com abruptly going out of business last week, Daily Fantasy Sports players need to understand that – just because it is legal, doesn’t mean it’s entirely safe.
eSports Sites Raising Big Money for Fantasy, Betting: Vulcun, Unikrn, AlphaDraft
It’s yet another aspect of the Daily Fantasy Sports phenomenon, eSports, with the three main players announcing additional monies raised over the past few months.
Vulcan, the biggest of the bunch, says it managed to raise $13.4m (£8.6m) and paid out over $1.1m (£713,000) in prize money to over 117,000 fans in its opening three months.
1-day Fantasy Sports Contests – FantasyFeud.com: MLB, Golf, More…
FantasyFeud.com was offering 1-day fantasy sports contests with payouts reportedly totaling $750,000 during the month of May alone.
According to the Fantasy Feud website, their one-day fantasy MLB contests start as low as $1.00.
Fantasy Feud allows drafts for NFL, NBA, NHL and MLB across many draft variations.
Daily Fantasy Sports Site ScoreStreak.com Suspends Operations: Who’s Next?
Silicon Valley area daily fantasy sports site ScoreStreak.com has closed its doors….for now.
An email was sent out to customers this past week claiming the company has been unable to obtain additional funding after raising $1.2 million last year.
Daily Fantasy Sports Marries Poker at the WSOP in Las Vegas
LAS VEGAS -- Two of the most popular forms of wagering in America--poker and daily fantasy sports--for the first time ever are being combined into one event at the World Series of Poker.
According to a WSOP spokesman, a daily fantasy sports-themed poker tournament will be one of the events at the 46th annual WSOP, which got underway this week in Sin City.
Jason Ader: Fantasy Sports Will Replace Slot Machines as Way Americans Gamble
Appearing on CNBC’s “Fast Money” Wednesday, SpringOwl Asset Management founder Jason Ader stated that daily fantasy sports will soon replace slot machines as the primary way in which Americans gamble.
Ader, an activist investor who has had influence on the boards of gaming giants Bwin.party and IGT in recent years, is the latest to jump on the daily fantasy bandwagon.
Kansas Governor Signs Bill Legalizing Fantasy Sports
TOPEKA, Kansas (Associated Press) – Republican Gov. Sam Brownback has signed a bill clarifying the legality of fantasy leagues.
Brownback’s office announced he signed the bill into law Tuesday, along with seven other measures.
NASCAR, DraftKings Daily Fantasy Deal, Pennsylvania DFS Bill
Gambling911.com’s sister site DFS911.com has all the latest news on the recent NASCAR deal with daily fantasy site DraftKings.com along with a bill drafted in the
