Schneiderman wants cash accepted from New York players refunded … and a penalty If the New York Attorney General's court action against daily fantasy firms FanDuel and DraftKings (see previous InfoPowa reports) goes his way it could prove an expensive loss for the two companies. AG Eric Schneiderman upped the ante this week by filing amendments to his charges which...
Mark Cuban is investing in VR and eSports Mark Cuban, shrewd multi-billionaire investor and owner of the NBA's Dallas Mavericks franchise, offered some interesting predictions in an exclusive interview with Fortune this week, revealing that he is an eSports fan, believes the legalisation of gambling in the United States is inevitable, and has invested in virtual reality. His investments in...
A fast start to the new year... The Massachusetts state lottery has wasted no time getting its online gambling plans into gear, issuing a request for information from interested companies Tuesday. The public notification invites organisations to "...submit proposals for the development, implementation, operational support, and maintenance of a Massachusetts Lottery iLottery System ... and the development and integration of...
The stakes are high, and FanDuel and DraftKings are making a major effort to have lawmakers legalise daily fantasy sports in the state Florida media reports indicate that FanDuel and DraftKings have boosted their lobbying and political donations program in the state in an effort to legalise the pastime. In 1991 a Florida attorney general opined that fantasy sports leagues...
Apellate judges urged to extend stay on Mendez decision to April and a full judicial hearing Daily fantasy sports market leaders DraftKings and FanDuel filed a new motion Monday urging New York appellate division judges to extend the temporary stay on Superior Court Judge Mendez's injunction halting DFS activity in New York pending a decision on its legality (see previous...
But why were bills on sports betting and online poker removed from the Government Organisation Committee agenda at the last minute? Wednesday's meeting of the California Assembly's Government Organization Committee was encouraging in one aspect, but disappointing in another; whilst the daily fantasy sports bill AB 1437 advanced with amendments, two other key bills - AB1441 on sports betting and...
Heat in the real-money eSports kitchen too hot for Vulcun A year on from its launch, daily fantasy eSports operator Vulcun has announced that effective January 14 2016 it is to cease accepting real-money fantasy wagers on eSports events. The company says its decision is motivated by the uncertain legal and regulatory environment in the United States, where political and...
Imminent launch of HoldemX, a new game that 'connects the world of video games, social/casual poker and eSports' Poker entrepreneur extraordinary Alexander Dreyfus appears to be making good progress on his Global Poker League project, announcing this week that the legendary Chris Moneymaker will be the first franchise holder, and the launch of a new game titled HoldemX, which 'connects...
Major League Gaming's CEO departs as stakeholders question $46 million deal The $46 million acquisition of eSports company Major League Gaming last year by Call of Duty and Hearthstone developer Activision Blizzard (see previous InfoPowa reports) is in the headlines again as stakeholders bridle at the lack of consultation. The publication eSports Observer reports that MLG co-founder and CEO Sundance...
Las Vegas Review-Journal acquisition will also be watched by gaming regulators in Pennsylvania Gaming regulators in Nevada and Pennsylvania, where multi-billionaire casino tycoon Sheldon Adelson has gambling interests, will be monitoring his family's $140 million acquisition of the Las Vegas Review-Journal, the publication reported this week. Nevada Gaming Control Board chairman A.G. Burnett told Journal reporter Howard Stutz that Nevada...
