Daily fantasy sports outlook: No profits, lots of uncertainty, and dying unicorns
The daily fantasy sports market rose dramatically in the past few years with the rise of DraftKings and FanDuel. But in 2015, regulators closed...
FanDuel shuts down Florida game studio and lays off 55
FanDuel, the embattled daily fantasy sports company, has shut a game development studio in Orlando and laid off 55 people. The layoffs come at...
The esports industry has a lot to learn from the daily fantasy sports mess
DraftKings and FanDuel are capping off what’s been nothing short of an astonishing NFL season for daily fantasy sports. These companies hit the ground...
NY AG and Draftkings attorney David Boies square off over alleged illegal daily fantasy sports betting
The big legal guns are slugging it out in the media over whether daily fantasy sports betting on sites such as Draftkings and FanDuel...
FanDuel suspending all paid fantasy sports contests in New York
FanDuel has temporarily suspended paid contests on its site while it sorts out its legal problems in New York. The company under a state’s Attorney...
Fantasy sports sites sue to keep doors open in New York
Top daily fantasy sports companies DraftKings and FanDuel filed lawsuits on Friday to contest an order to shut down their online gaming operations in New York state, asking a state court to rule that the games are not illegal gambling.
Daily fantasy esports site Vulcun ceases operations in Nevada as a ‘precaution’
Nevada’s ruling that daily fantasy sports is gambling has implications that reach beyond football and traditional athletics. Daily fantasy esports company Vulcun, which runs...
Nevada Gaming board: Daily fantasy sports is gambling
It turns out that just because it is a new season every week, it doesn’t mean it’s not gambling. The Nevada Gaming Control Board, the...
Daily fantasy esports sites, ESPN, and regulators respond to the ‘insider betting’ scandal
Full disclosure: I have spent $75 on FanDuel over the last year, and I have asked for my money back as part of the...
FanDuel acquires AlphaDraft to get into esports
Big companies are starting to see a lot of potential to make money in esports. A day after DraftKings announced it’s expanding into esports next...