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Associated PressFebruary 11, 2016

Daily fantasy sports companies say their industry remains viable despite a rocky start to 2016. The industry’s top companies, DraftKings and FanDuel, are on the defensive after taking hits to their businesses in recent weeks as scrutiny by state policymakers across the country continues to intensify. This week, it was disclosed that ESPN and DraftKings […]

Jim RosicaFebruary 9, 2016

As the state House of Representatives moved on its package of gambling bills Tuesday, the Senate hit pause and delayed consideration of the Seminole Compact and related legislation for another week. “My intention is to (temporarily postpone) the gaming bills today for one week to give our committee members the opportunity to digest the various amendments being filed,” state […]

Associated PressFebruary 1, 2016

An Ohio company that processes payments for daily fantasy sports sites says it will no longer handle their payments and will pull away from the $2 billion industry in February, according to a newspaper report. FanDuel, DraftKings and other daily fantasy sports sites have been under assault in recent months as attorneys general in several […]

Peter SchorschJanuary 25, 2016

One of the hottest issues facing lawmakers in the 2016 Legislative Session is the regulation of the daily fantasy sports industry. Moving toward that goal is HB 707: Fantasy Contests, sponsored by state Rep. Matt Gaetz, has recently move out the Business & Professions Subcommittee, its first stop in the Florida House. What the bill seeks to […]

Jim RosicaJanuary 19, 2016

The head of an anti-gambling expansion group Tuesday announced a three-front war as lawmakers prepare to consider a sweeping deal with the Seminole Tribe of Florida that he said could “lead to the largest gambling expansion in state history.” John Sowinski, president of the Orlando-based No Casinos, told reporters he plans a legislative, legal and […]

Associated PressJanuary 1, 2016

New York’s attorney general has filed a lawsuit asking FanDuel and DraftKings to give back all the money they made in the state, the latest salvo in an ongoing clash with a pair of increasingly popular daily fantasy sports websites. The amended lawsuit — filed Thursday, just days before a key court date in the […]

Associated PressDecember 11, 2015

Daily fantasy sports giants DraftKings and FanDuel took a hit Friday in their fight to stay in business in New York, but a scramble to an appeals court kept DraftKings in play at least through the end of the NFL regular season. FanDuel, meanwhile, had already suspended play from New York amid the sites’ clash […]

Jim RosicaDecember 7, 2015

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Richard Corcoran, who will be Speaker of the Florida House of Representatives at the same time Joe Negron is Senate President (2016-18), has said he knows “that, together, we can bring a new spirit of partnership to the Florida Legislature.” The two, though, also have differences of opinion on how to handle major policy issues of the […]

Associated PressNovember 30, 2015

Yahoo remains active. CBS has quietly withdrawn. And lesser-known daily fantasy sports companies are scaling back. As industry leaders FanDuel and DraftKings fight to protect their lucrative enterprises, other companies offering daily fantasy sports are taking different approaches to how they operate as their new industry faces increased scrutiny. “The industry is pretty fragmented on […]

Associated PressNovember 19, 2015

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Daily fantasy sports companies such as FanDuel and Boston-based DraftKings would be allowed to continue operating in Massachusetts, but with age and advertising restrictions, disclosure requirements and other new rules proposed Thursday by the state’s attorney general. Maura Healey announced what she called an aggressive, first-in-the-nation plan to regulate the websites after her office spent […]

Tag: fantasy sports

Fantasy sports companies defend embattled industry

Senate punts — for now — on Seminole Compact, gambling bill

Daily fantasy sports losing major payment processor

5 questions for Fantasy Sports Trade Association after DFS bill first committee stop

No Casinos promises multifront war on gambling

New York sues to get DraftKings, FanDuel to return money

Fantasy sites take hit in NY, but FanDuel, DraftKings get stay

Joe Negron, Richard Corcoran differ on daily fantasy sports issue

Fantasy sports companies weigh leaving U.S. market – for now

Massachusetts AG proposes tighter regs for fantasy sports