D.f.s. Set For A Fight In Illinois

AG has ruled that DFS is illegal gambling under state law, but lawmaker has launched new legislation The Fantasy Sports Trade Association is lobbying vigorously in Illinois for a regulatory bill launched by Rep. Mike Zalewski but faces determined opposition in the state following an opinion by Illinois AG Lisa Madigan that DFS contests are illegal gambling under state law....

D.f.s. Moves Forward In Vermont

Senate votes for daily fantasy sports regulatory bill 19 to 6 The Vermont state Senate approved the regulation of daily fantasy sports Friday, voting 19 vs. 6 in approval of SB 223 and forwarding the measure to the state House. The vote exercises the state's prerogative to make its own decisions on fantasy sports, despite the genre's federal exemption from...

D.f.s. Market Leaders Growth Continued In 2015

But DraftKings and FanDuel are unlikely to repeat the heydays of 2015 in the current legal and political environment 2015 was a good year for daily fantasy sports market leaders FanDuel and DraftKings, with entry fees trebling year-on-year although profitability remained elusive due to high marketing expenses, the publication Daily Fantasy News reported this week. And, given the currently largely...

D.f.s. Class Actions To Be Consolidated In Massachusetts

U.S. Judicial Panel on Multidistrict Litigation issued a transfer order early in February The publication Legal Newsline reports that almost 80 class action cases filed in Massachusetts against daily fantasy sports operators DraftKings and FanDuel have been ordered consolidated to one state federal court by the U.S. Judicial Panel on Multidistrict Litigation. The six-member panel selected the U.S. District Court...

American Poker Awards Announced

Anthony Zinno's performance in the WPT L.A. Poker Classic adjudged the best of the year The second edition of the American Poker Awards took place in the appropriately swish area of Beverley Hills in California last week, with a range of industry criteria applied to the 15 winner categories. TDA Founder and WPT Executive Director Matt Savage's selection as Industry...

888poker Named As This Years' W.s.o.p. Sponsor

Online poker provider extends World Series of Poker partnership for another year 888Poker and the World Series of Poker have agreed that the poker provider will again come on board as a sponsor in 2016, securing broad exposure on the WSOP website during the prestigious tournament, particularly around the official live reporting section for the festival, which attracts wide television...

World Series Of Poker Has Released 2016 Schedule

New prize money distribution format will see up to 50 percent more players cashing in WSOP events The World Series of Poker has released its schedule for the 47th edition of the most prestigious tournament in world poker, advising that it will kick off on Tuesday May 31 2016 at its traditional home - the Rio All-Suite Hotel & Casino...

Western Union Under Federal Investigation

Financial transactions company releases details of federal interest in Caribbean and Central American transactions International financial services group Western Union has released an SEC statement informing interested parties that it is currently the subject of an apparently wide-ranging US federal investigation into its activities, particularly regarding transactions with Costa Rica, Nicaragua, Panama, Haiti, Philippines, Vietnam, the Dominican Republic, Peru and...

Virginia Progress For D.f.s. Bill

Sen. Ryan McDougle's Senate Bill 646 heads for the lower house Sen. Ryan McDougle's daily fantasy sports regulatory proposal SB646 has cruised through the Virginia state Senate on a positive 28 vs. 10 vote and is now headed for the House The proposal; is understood to require each operator to pay an annual fee of $50,000 to register with the...

Virginia D.f.s. Bill Speeds Through Assembly (update)

It's up to the state governor now Sen. Ryan McDougle's daily fantasy sports regulatory proposal SB646, which cruised through the Virginia Senate earlier this week on a 28 vs. 10 vote, has received a rapid vote of approval in the state Assembly and is now on its way to Governor Terry McAuliffe's desk for signature. Virginia's bill specifically exempts cash-prize...