Rep. John Payne announces he will stand down later this year One of the foremost champions of legalised online gambling in Pennsylvania, Representative John Payne, has announced his intention to retire later this year, signalling a loss for the legalisation movement he has driven so effectively. InfoPowa readers will recall that last year as chairman of the House Gaming Oversight...
Boom Fantasy claims in-game fantasy sports platform is a first A new Stanford daily fantasy sports start-up boasts that it is positively changing the fantasy sports player's experience by offering a different real-money format that allows players to compete in 10-minute fantasy sports leagues that are centered around live events fans can watch on TV, instead of drafting a line-up...
Mark Cuban's latest move in fantasy and e-sports Multi-billionaire US entrepreneur and Dallas Mavericks owner, Mark Cuban continued this week to show an interest in the daily fantasy and e-sports sector, investing for an undisclosed stake in Fantasy Labs Inc., a daily fantasy sports company focused on proprietary DFS data, tools, and analytics. Confirming his interest, Cuban commented to Business...
The usual anti-online gambling suspects protest at regulatory plan Massachusetts Attorney General Maura Healey listened to different opinions on the regulation of daily fantasy sports in a public consultative hearing Tuesday. Anti-gambling campaigner Les Bernal of the Stop Predatory Gambling action group was predictably on hand to protest at what his organisation perceives to be an expansion of gambling, whilst...
Entrepreneur Alex Dreyfus' Mediarex Sports and Entertainment delivers as promised Poker entrepreneur Alex Dreyfus' much-publicised Global Poker League took a big step forward Wednesday with the release by Mediarex Sports & Entertainment of team titles and managers of the 12 participating franchises. Last week Dreyfus gave an appetiser when he revealed that Chris Moneymaker would captain the Las Vegas Moneymakers...
Some reservations, but HB707 approved by House Business and Professions Subcommittee Florida state Representative Matt Gaetz's daily fantasy sports regulation bill, HB707, made it through the state House Business and Professions Subcommittee Tuesday on a 10 vs. 3 vote and has been forwarded for further discussion to the House Regulatory Affairs Committee. Whilst not unanimous - there remain some areas...
Is Vulcun about to move out of the eSports and DFS space? The e-gaming publication Gamasutra reports this week that daily fantasy eSports provider Vulcun may be considering a move away from the real-money sector, and has laid-off 14 people - a quarter of its staff. InfoPowa readers may recall that Vulcun voluntarily exited the Nevada market late last year...
FanDuel said to be negotiating a similar agreement News from Illinois is that daily fantasy sports company DraftKings has negotiated a truce with the Illinois AG Lisa Madigan in which both sides agree: * Not to take any further legal action on DFS legality until a judicial hearing in June; * DraftKings may continue to operate in the state until...
"You Win Some, You Lose Some: The Complicated Legal Status of Daily Fantasy Sports" was completed late December 2015 An ESPN report speculates this week on whether a Congressional Research Service (CRS) report on daily fantasy sports completed late in December may herald Congressional hearings on the controversial gambling genre this year. The ESPN report is based on a Chalk...
Representatives Sherry Appleton and Vincent Buys kick off the new legislative session Wednesday saw the opening of the new legislative session in Washington State, and Representatives Sherry Appleton and Vincent Buys wasted no time in re-introducing their daily fantasy sport and online poker legalisation bills, which failed to make significant progress in the preceding session. The two politicians teamed up...
