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Home›Category: "Fantasy Sports" (Page 9)

Fantasy Sports

  • DraftKings and FanDuel End Merger Talks Amid Antitrust Issues

    Daily fantasy sports operators DraftKings Inc. and FanDuel Inc. said Thursday they would no longer pursue their plan to join forces, as the companies faced mounting antitrust scrutiny and a legal challenge from the Federal Trade Commission. In separate statements, the CEOs for Boston-based DraftKings and New York-based FanDuel said ...
    Business, Fantasy Sports, Sports
    July 14, 2017
    by Nick Ficorelli
  • Federal Trade Commission Sues To Block FanDuel and DraftKings Merger

    The Federal Trade Commission will challenge the merger of DraftKings Inc. and FanDuel Inc., saying Monday the deal to combine the two largest daily fantasy sports websites would create a company that controls more than 90 percent of the market. The agency, along with the California and District of Columbia ...
    Business, Fantasy Sports, News
    June 19, 2017
    by Nick Ficorelli
  • DFS: Thanks To Rep. Frank Pallone, A New Threat Emerges

    As the daily fantasy industry deals with various and assorted attacks on its business model, a new threat has emerged. And this one could pull the NFL directly into the middle of the burgeoning mess. Fresh off the press from TheHill.com, Rep. Frank Pallone (D-N.J.) has asked FanDuel and DraftKings to identify ...
    Fantasy Sports, Politics, Sports, Spotlight
    October 23, 2015
    by Nick Ficorelli
  • DraftKings & FanDuel: It Was Only A Matter Of Time Before Nevada DFS Shutdown

    You had to see this coming, you just had to. After the news broke last week about a DraftKings employee using “inside information” to win $350,000 at rival FanDuel, it seemed that the walls were going to start closing in on Daily Fantasy Sports. Well, it has, and in a ...
    Fantasy Sports, Spotlight
    October 16, 2015
    by Nick Ficorelli
  • The DFS Scandal – What You Need to Know, and What The Future Holds

    Well, it was only a matter of time before something this magnitude happened.  As most of you have already heard, since it is being plastered all over every major news site in the U.S.A., a scandal has erupted in the online fantasy sports world involving Boston-based DraftKings, and to a ...
    Fantasy Sports, Spotlight
    October 6, 2015
    by Nick Ficorelli
  • Money: Another DFS Buy-In! Viggle, Sportech Buy Into DraftDay

    Entertainment consumer rewards platform Viggle Inc. and a unit of a U.K.-based betting company have become part owners of a holding company for daily fantasy sports business DraftDay, alongside DraftDay’s former sole owner MGT Capital Investments Inc., the companies said Wednesday. MGT said it sold DraftDay for total consideration of ...
    Business, Fantasy Sports, Spotlight
    September 9, 2015
    by Nick Ficorelli
  • Business: FanDuel Brings In $275 Million Of Capital, Raises Stakes Higher

    New York-based fantasy sports operator Fanduel, Inc. on Tuesday said it has brought in $275 million after closing a round of financing, bringing the company’s total capital to $363 million. The company, which received investments from Google Capital and Time Warner in the oversubscribed round led by KKR, said it plans to use ...
    Business, Fantasy Baseball, Fantasy Basketball, Fantasy Football, Fantasy Hockey, Fantasy Sports, Sports, Spotlight
    July 14, 2015
    by Nick Ficorelli
  • Business: YAHOO! Officially Enters The Daily Fantasy Sports Realm

    Internet giant Yahoo Inc. said Thursday it will offer a new daily fantasy sports online game in which users will compete for cash prizes, adding another competitor to the growing market despite some uncertainty over the legality of such games. Yahoo joins a growing market adding competition with leading daily ...
    Business, Fantasy Baseball, Fantasy Basketball, Fantasy Football, Fantasy Hockey, Fantasy Sports, Sports, Spotlight, Technology
    July 9, 2015
    by Nick Ficorelli
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