fanduel Page 3 - Sports News, Headlines & Highlights
DraftKings And FanDuel Scuttle Planned Merger
Daily fantasy giants DraftKings and FanDuel have reportedly been planning to merge for almost a year, a move which would have consolidated power such that around 90 percent of the daily fantasy industry would belong to one mega company. The Federal Trade Commission opposed the merger on the grounds ...
The FTC Moves To Block The Merger Of FanDuel And DraftKings
The Federal Trade Commission, along with the Offices of the Attorneys General in the State of California and the District of Columbia, will file a complaint to block the merger of the two largest daily fantasy sports sites, DraftKings and FanDuel, according to a statement released by the FTC today. ...
How The Daily Fantasy Wars Almost Destroyed DraftKings And FanDuel<em></em>
The following is an excerpt from Dueling with Kings: High Stakes, Killer Sharks, and the Get-Rich Promise of Daily Fantasy Sports, Daniel Barbarisi’s book about a year spent attempting to become an elite daily fantasy player. The book is out now. ...
DraftKings And FanDuel Finally Agree To Merge, Still Face Major Antitrust Scrutiny
After months of reporting indicating that daily fantasy titans DraftKings and FanDuel would merge, they have finally agreed on the terms, and expect to close the merger sometime in 2017....
Report: FanDuel And DraftKings Are About To Merge Into One Company
DraftKings and FanDuel are merging, according to sources cited in an ESPN report tonight that claims the two leading daily fantasy sites are on the verge of consolidating more than 90 percent of the market into one company....
Report: DraftKings And FanDuel Aren't Paying Vendors, Have Almost No Cash On Hand
Daily fantasy heavyweights DraftKings and FanDuel are in dire financial straits, months behind on payments to vendors and suffering from extreme cashflow problems, according to the New York Times....
Report: FanDuel And DraftKings Are Discussing A Merger
FanDuel and DraftKings are in merger talks, reports Bloomberg, though they caution that no deal has been finalized between the two companies....
DraftKings And FanDuel Suspend College Sports Contests
DraftKings and FanDuel have reached a voluntary agreement with the NCAA to cease all college sports daily fantasy contests, reports ESPN....
DraftKings And FanDuel Agree To Cease Operating In New York
DraftKings and FanDuel have reached an agreement with New York Attorney General Eric Schneiderman to immediately cease operating in the country’s fourth largest state. The sites will remain inoperative in New York until at least September, when the state’s Supreme Court Appellate Division will hear ...
I'm Lawyer And Daily Fantasy Law Expert Daniel Wallach. Let's Chat!
We’re now joined by Daniel Wallach, a lawyer and shareholder at Becker & Poliakoff. Daniel is an expert on gaming law and sports law, and has counseled professional sports teams, fantasy sports operators, casinos, racetracks, sports betting companies, and other gaming industry participants on a wide...
DraftKings Bans Automated Scripts, May Have Trouble Actually Doing So
Daily fantasy operator DraftKings has banned “the use of scripts and other automated means of interacting with our site,” as they put it in an email to players today. Instead, DraftKings now offers to all players a tool that allows them to set multiple lineups at once....
Texas Attorney General Declares Daily Fantasy Illegal Gambling, And The End Is Nigh
Texas Attorney General Ken Paxton issued an opinion today that daily fantasy sports constitutes illegal gambling under Texas law. “It is prohibited gambling in Texas if you bet on the performance of a participant in a sporting event and the house takes a cut,” he said in a statement. “Paid daily ‘fa...
Illinois Attorney General Declares Daily Fantasy Is Illegal Gambling
Illinois became the eighth state to prohibit daily fantasy behemoths DraftKings and FanDuel from operating in their state, as attorney general Lisa Madigan declared that daily fantasy constitutes gambling under state law. Madigan based her interpretation on the following sections of the Illinois Cri...
Class-Action Lawsuit Filed Against Daily Fantasy Partners Names The NBA, Jerry Jones, And More (UPDATE)
A new class-action lawsuit against companies who partnered with daily fantasy companies DraftKings and FanDuel has been filed and names the NBA, NHL, and MLB, groups led by Jerry Jones, Robert Kraft, and James Dolan, in addition to media companies, credit card companies, and banks in the suit. SI re...
Damn, FanDuel And DraftKings Bring In Shitloads Of Money
As part of the ongoing legal battle between New York Attorney General Eric Schneiderman and daily fantasy sites DraftKings and FanDuel, all sorts of interesting documents have been filed with the New York Civil Supreme court. One shows FanDuel’s advice to employees that they could play on other site...
FanDuel Told Employees Not To Win Too Much Money On DraftKings Or People Would Get Suspicious
In early October, DraftKings and FanDuel banned their employees from playing daily fantasy on competitors’s sites. These new policies came in the midst of a torrent of negative publicity, after DraftKings employee Ethan Haskell accidentally leaked company lineup data on the same weekend that he won ...
John Oliver Made An Honest Daily Fantasy Commercial
On last night’s episode of Last Week Tonight, John Oliver unveiled a daily fantasy ad that’s actually honest, for once....
The Daily Fantasy Protest Looks Like A Good Time
A few hundred users and (mostly) employees of daily fantasy sites gathered outside the lower Manhattan offices of New York Attorney General Eric Schneiderman this morning, three days after the AG ordered the DFS sites to stop accepting wagers in New York. Both DraftKings and FanDuel are prepared to ...
Report: DraftKings Gearing Up For A Major Legal Fight
Daily fantasy company DraftKings is trying to cut back on its ad spend and hiring one of the nation’s foremost lawyers in preparation for a huge legal battle in New York, according to Bloomberg....