Currently viewing the tag: "DraftKings"

On Tuesday, November 10th, New York Attorney General Eric Schniederman classified daily fantasy sports sites such as Draftkings and FanDuel as illegal gambling and ordered them to cease all operations in New York.

For those who are not familiar with daily fantasy sports sites, they are websites where players compete against other each other […]

Continue Reading

Trouble Brewing for DraftKings and FanDuel

On October 23, 2015 By

In July, I commented on DraftKings: their nearly billion dollar valuation and the business’s legality under federal law. Since then, DraftKings, and it’s rival twin FanDuel, have continued to be greatly successful. With the start of the 2015 NFL season, sports fans are increasingly using their sites and profits are likely high.

In […]

Continue Reading

As Brad Roberts noted in his post earlier this month, if you have turned on TV in the past month you have heard about daily fantasy sports operators. With DraftKings being the one you have most likely heard of after the over 100 million dollars they have poured into advertising this year alone. Brad covered […]

Continue Reading

The New Online Gambling: Fantasy Sports

On October 17, 2014 By

The year 2014 has seen an influx in a new market of fantasy sports–daily fantasy sports. The advertising slogan that has permeated the first few weeks of the NFL season: “You can win $56,000 playing fantasy football online!” These websites, led by Fanduel and DraftKings tap into the $70 Billion dollar fantasy football […]

Continue Reading