Political hearing listens to a variety of views as it explores whether the state should regulate a popular pastime Lawmakers in the US state of Georgia held a hearing Monday as part of a legislative study on whether daily fantasy sports should be regulated. During the hearing, chairman state Sen. Brandon Beach asked Keith Smith, the CEO of Boyd Gaming...
Advocates "strong, common sense, enforceable" regulations to protect consumers Fanduel CEO Nigel Eccles raised his head above the parapet this week by publishing an open letter to his numerous players acknowledging the need for "strong, common sense, enforceable" regulations to protect consumers, and noting that sensible state legislation has already been proposed. Whilst not specifying which legislative proposals he was...
DFS operator seeks a further $200 million from investors Presumably feeling the pinch from fighting off negative perceptions generated by political and enforcement interest in its affairs whilst maintaining an aggressive player acquisition advertising strategy, daily fantasy sports operator DraftKings is reportedly seeking another $200 million in capital from investors. The Boston Business Journal reported on the funding drive Thursday,...
Not a happy time for RAWA sponsor Jason Chaffetz Fears that arch anti-online gambling politician Jason Chaffetz might succeed in his ambitious bid to become the 62nd Speaker of the US House of Representatives (see previous InfoPowa report) receded this week following his announcement that he was withdrawing from the race … as it turned out just in time, because...
Daily fantasy sports giant in WiFi deal with SignalShare The already ubiquitous presence of daily fantasy sports operator DraftKings at US stadiums is likely to be boosted even further following an agreement with mobile wifi company SignalShare. The deal gives the DFS provider access to SignalShare's "consumer engagement platform", which uses wireless networks installed at sports stadiums to help advertisers...
In partnership with Hostess Brand Slot machine supplier American Gaming Systems' interactive division (AGSi) has partnered the Hostess brand with the launch of social slot game "Twinkie 7's" on its play-for-fun Lucky Play Casino app for iOS. As the title suggests, the game features some of Hostess' most popular treats, Ho Hos®, Sno Balls®, and the iconic Twinkies snack cake,...
Internet giant still has some way to go in this sector, but is catching up to FanDuel and DraftKings Amid the furore over regulation and legal issues surrounding the daily fantasy sports vertical this week (see previous InfoPowa reports) the San Francisco Chronicle suggested that Yahoo's DFS enterprise is starting to close the gap with market leaders DraftKings and FanDuel...
Nevada Gaming Control Board decision on daily fantasy sports throws a spanner in the works Reports out of Nevada as the week ends indicate that the partnership between the World Series of Poker and daily fantasy sports operator DraftKings has been put on hold following the Nevada Gaming Control Board's finding that DFS constitutes gambling and should not continue in...
"I think that fantasy is an important source of fan engagement," says MLB Commissioner The troubled fantasy sports vertical received some support from an important source Monday when Major League Baseball's commissioner Rob Manfred told the New York Daily News that he had no regrets about supporting fantasy sports, opining: "I think that fantasy is an important source of fan...
Two Ohio residents file federal law suit against FanDuel and DraftKings Another class action - the third in as many weeks - has been launched in a federal court by two Ohio residents who claim that daily fantasy sports operators DraftKings and FanDuel illegally offer gambling and should reimburse all deposits. The lawsuit, which seeks to represent other players in...
