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Michigan Gambling Regulators Call Daily Fantasy Sports 'Illegal'

Michigan's top gaming regulator believes that daily fantasy sports are illegal under his state's gambling laws and is setting up what could be a potentially important battle for the rapidly growing DFS industry. Michigan Gaming Control Board (MGCB) executive director Rick Kalm made the comments earlier this week, according to a report on LegalSports.com. Kalm's…

Daily Fantasy Sports Review: August 2015

The daily fantasy sports industry has been absolutely exploding over the past year and, with US football season about start, business is about to get even better. Across the industry DFS operators are pouring tons of cash into marketing and promotions in an effort to snare new players and secure market share. This market is…

DraftKings Lands UK Betting License

DraftKings is a step closer towards its goal of daily fantasy sports domination now that it's landed a coveted UK gaming license. It's a huge move for the daily fantasy sports giant that could change the face of the DFS industry on the Continent. According to published reports, DraftKings received word of the license approval…

Amaya Gaming Acquires Daily Fantasy Sports Site Victiv

Amaya Gaming is making the move into the daily fantasy sports market with its acquisition of Victiv, which will be re-launched under the name StarDraft. It's a big move for Amaya, parent company of PokerStars, as they seek to expand their reach outside of poker circles. It's also an incredibly crowded market and, as various…

Can 'No Rake' Daily Fantasy Sports Sites Survive?

Can no rake daily fantasy sports sites survive long enough to actually make money? Can they survive long enough to get acquired by big name players? Can they even survive long enough to pay out their own players? These are all very serious questions that are popping up along with the meteoric rise daily fantasy…

Daily Fantasy Sports Update: Draft Kings Signs MLB and Much More

Daily fantasy sports operators are gearing up for what should be their biggest season yet with new sponsors and a ridiculous amount of potential revenue. If you're thinking about dipping your toes in this rapidly expanding igaming vertical, here's three deals (and potential deals) you'll find very interesting. DraftKings Lands MLB DraftKings has inked a…

Yahoo's Daily Fantasy Sports 'Guarantee' Under Heavy Fire

Yahoo! is under fire from daily fantasy sports players who say their prize guarantee isn't delivering on its promises. Even worse, Yahoo's broken promises could spell trouble for the entire DFS industry. Yahoo! made headlines last week when it rolled out its new DFS product along with a prize guarantee that was sure to be…

Daily Fantasy Sports Update: What Are the Players Thinking?

A new survey of daily fantasy sports (DFS) players sheds some light on who's playing DFS; where they're playing DFS; and a whole lot more. If you're considering a move into this fast growing corner of the online gambling world, this is information you need to know. The study titled, Daily Fantasy Sports Player Survey…

Yahoo! Entering Real Money Daily Fantasy Sports Market

Yahoo! is looking to revive their flagging fortunes with a major foray into online gambling's hottest vertical, real-money daily fantasy sports. Besides shaking up the ultra-competitive, and fast-growing, world of daily fantasy sports, Yahoo's move represents the first mainstream US company to venture into real-money online gambling. Despite their failings as a search engine (they…

e-Sports Betting's Latest Investor: Mark Cuban

Billionaire Mark Cuban is going on all in on gambling's hottest new vertical, e-sports betting. The colorful owner of the Dallas Mavericks is making a big investment in a site called Unikrn (pronounced, "unicorn") and that's great news for the rapidly growing e-sports business. Unikrn is one of a number of start ups that are…