Tag Archives: FanDuel

DraftKings and FanDuel shut down in New York

Both DraftKings and FanDuel agreed to stop real money contests in New York on Monday after a settlement was agreed with New York Attorney General Eric Schneiderman.  The settlement ensures that should the games be legalised in the state this year then the gambling claims against them will be dropped, though there may still be charges for false advertising and a lack …

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DraftKings drops esports sponsorships

Late last week it was announced that DraftKings has decided to pull its sponsorships of major esports organisations. It’s believed that this is due to the mounting costs of the daily fantasy sports operator’s numerous legal battles in states throughout the US. In September DraftKings was one of many companies committing to esports financially, and it agreed deals with the …

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Virginia looks to legalise daily fantasy sports

With the case for daily fantasy sports looking somewhat bleak in New York and a host of other states, industry operators, players and fans will be encouraged to see Virginia looking like it will move in the opposite direction. On Wednesday the Virginia State Assembly passed a measure setting up a legal framework for daily fantasy sports. This legislation was, …

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UK launch makes trouble for DraftKings at home

Last week saw the long delayed launch of DraftKings in the UK, and whilst this opens up a potentially lucrative new revenue stream it may create more problems for the company and other DFS operators on home turf in the USA. The argument has been raging for some time now, are the likes of FanDuel and DraftKings truly games of skill or, as many state prosecutors …

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Hawaii prosecutor demands DFS sites stop taking bets

Following the decision last week by Hawaii Attorney General Doug Chin that daily fantasy sports constitute gambling, Honolulu Prosecuting Attorney Keith Kaneshiro has demanded that two fantasy sports sites stop taking bets from Honolulu residents.  Alongside Utah, Hawaii is the only other US state which does not allow some form of legalised gambling. In a letter on Monday of this week …

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Texas AG deems DFS games to be illegal

The beginning of 2016, sees a further setback for leading daily fantasy sports (DFS) operators’ FanDuel and DraftKings, following the announcement by Texas Attorney General Ken Paxton that deems DFS to be an illegal game of chance in the Lone Star state. Responding to a query put forward by the Texas House of Representatives Committee on Public Health, debating the legality …

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