Tag Archives: FanDuel

Breaking the UK market – DraftKings’ DFS Challenge

US based daily fantasy sports operator DraftKings entered the UK market in February 2016 having secured a UKGC licence, but the question of its success in entrancing UK customers with its DFS product remains very much unanswered. The company secured impressive partnerships with the likes of Liverpool and Arsenal but has yet to embark on a no holds barred nationwide marketing campaign, …

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New York Assembly gives green light to state DFS services

Following a week of regulatory hearings, the New York legislature has agreed to pass the bill-S8153 relating to provisions for regulated daily fantasy sports (DFS) services for the state of New York. S8153’s now awaits its final signature by Governor Andrew Cuomo in order to be processed into state law, US news sources report that the bill was widely supported …

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Mondogoal partners with SISAL and Lottomatica

Fantasy sports platform Mondogoal announced today that it has signed an agreement with Italian gaming giants, SISAL Group SpA and Lottomatica Scommesse S.r.l, to create a partnership which’ll mean theirs is the largest DFS network in the country.  Rome-based Lottomatica is the world’s largest lottery operator. Its portfolio includes the Italian National Lottery as well as various other gaming services and …

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FanDuel & DraftKings reported to be in merger talks

Bloomberg News has reported that leading US daily fantasy sports (DFS) operators FanDuel and DraftKings are in merger talks, according to business insiders familiar with the situation. Merger talks have been pushed by investors, who have seen the value of their venture investments dip amid the continued legal trouble that the DFS operators have faced in various US states. Roughly …

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FanDuel & DraftKings enter crucial week of regulatory hearings

New York legislators have been in advanced talks on the potential legislation of daily fantasy sports (DFS) which could see a conditional bill drafted for the legal/licensed framework of DFS state services. Leading DFS operators FanDuel and DraftKings have been under investigation from New York Attorney General Eric Schneiderman since October 2015, following damaging allegations of misuse of game and …

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FanDuel waits on UK license approval for August launch

FanDuel have confirmed that they are working towards a target date for launch in the UK, but stressed that ‘the date is not set in stone and still provisional’. The company already have a license to operate remote gambling software but are still waiting on approval for their UK license application. As reported on CalvinAyre.com, FanDuel CEO Nigel Eccles told Bloomberg last …

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CG Technology sues DraftKings & FanDuel over multiple patent infringements

Filing a Nevada District Court appeal, Las Vegas-based betting/gambling technology provider CG Technology (former Cantor Gaming Group) has sued daily fantasy sports (DFS) operators DraftKings and FanDuel on multiple infringements of its patents. CG Technology a specialist in US land based sports betting, claims that the DraftKings and FanDuel products have breached eight of its secured patents. The patent infringements …

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DraftKings and FanDuel – College Dropouts

As part of a deal with the NCAA (National Collegiate Athletic Association) daily fantasy sports operators DraftKings and Fanduel are dropping college sports from their offerings across all states, effective from the end of this week. This dual decision follows months of talks between the companies and the NCAA. NCAA president Mark Emmert said this in a statement issued on …

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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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Virginia becomes the first to formally legalise daily fantasy sports

A big day for DFS in the United States as Virginia has become the first state to formally legalise daily fantasy sports.  On Monday 8th March a law was passed, the ‘Fantasy Contests Act’ which will allow the likes of FanDuel, DraftKings and others to legally offer paid contests in Virginia. DFS operators will be hoping that the state has …

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