Report: DraftKings Sportsbook Takes Down Derby Odds After Churchill Downs’ Protest

The Mississippi-based DraftKings sportsbook has shut down its Kentucky Derby futures odds following a complaint from Churchill Downs, Inc., according to a report by the Vegas Stats & Information Network. A source told VSiN’s Ron Flatter that CDI pointed to legal precedent as the reason DraftKings should remove the odds, produced by former Las Vegas […]

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The Friday Show Presented By The PHBA Stallion Auction: Fun With Futures

The Road to the Kentucky Derby is starting to heat up. This week, a well-known Derby futures expert unveiled his odds for a pool of nearly 300 horses, 20 of which will wind up in the starting gates on the first Saturday in May. In this week’s edition of The Friday Show, Scott Jagow and […]

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‘This Is The Industry’s Infancy’: New Jersey Sportsbooks Handle $40.7 Million In July

New Jersey’s sportsbooks did not disappoint in their first full month of operation, increasing wagers dramatically in June while nearly doubling the number of open sportsbooks to five. Such an increase was to be expected and a sign of what lies ahead, according to analysts for PlayNJ.com. “Considering the rate at which sportsbooks are opening in […]

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TVG Parent In Talks To Buy Fantasy Sports Operator FanDuel

Paddy Power Betfair, European-based parent company of the U.S. racing network and advance deposit wagering company TVG, is in negotiations to buy FanDuel, the fantasy sports site based in New York. Discussions between the two companies was first reported by LegalSportsReport.com. In a subsequent statement published by LegalSportsReport, Paddy Power Betfair said: “Paddy Power Betfair […]

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DraftKings, FanDuel Merge; Daily Fantasy Sports Companies Will Maintain Separate Platforms

An interesting, oft-rumored development in the daily fantasy sports world finally emerged on Friday. The industry’s two leading companies, DraftKings and FanDuel, have merged to form a single corporation, according to techcrunch.com. The company will maintain both of the individual web platforms “for the forseeable future.” Some of the major advantages of this merger include […]

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Coming Attraction: Movie Rights Optioned For DraftKings – FanDuel Fantasy Sports ‘Saga’

The popularity of the daily fantasy sports industry has grown dramatically in the U.S. over the past few years, some of which can be attributed to DraftKings and FanDuel. The two sites, in which customers compete and wager in online fantasy sports leagues, have raked in millions of dollars over a relatively short period of time. Recently, prosecutors from several states […]

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New York Gaming Commission Issues Temporary Permits To Daily Fantasy Sports Operators

The New York State Gaming Commission today issued temporary permits to interactive fantasy sports operators DraftKings, FanDuel, Yahoo, FantasyDraft and Draft. These companies may resume operations immediately in New York State. The Commission has completed a legally required thorough review of the temporary permit applications from these five companies, ensuring required consumer protections, player safeguards […]

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Big Money: DraftKings, FanDuel Shell Out Nearly $800,000 On Push To Legalize Games In NY

Daily fantasy sports sites DraftKings and FanDuel’s push to legalize their games in New York was successful – but it came with a hefty price tag. The New York Daily News reports that the two companies spent close to $800,000 on lobbying expenses since last fall. The information was filed with the New York’s Joint Commission on Public […]

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Daily Fantasy Sports Pari-Mutuel Wagering: Coming To A Track Near You?

The Nevada Gaming Commission on Thursday approved a new form of daily fantasy sports based on the kind of pari-mutuel wagering used in horse racing, and the man who came up with the concept said he wants to bring the game to pari-mutuel racing states. The company given unanimous approval for an off-track, pari-mutuel sports […]

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