Daily fantasy

Don’t throw the daily sports fantasy baby out with the bathwater

Published on November 12, 2015 in Statewide/Top Headlines by Peter Schorsch

You cannot turn on the television without seeing an ad for daily fantasy sports players DraftKings or FanDuel. That’s because the interest in daily fantasy sports is at stratospheric levels. Fantasy sports is as popular as Buffalo wings and cold beer. A report in Fortune shows that 57 million North Americans are betting $465 a year on fantasy sports, making it a $27 billion business. DraftKings, based out of Boston, and FanDuel, operating from New York, are the largest single-day fantasy sports websites. Their websites work like this:…

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Las Vegas casinos not rushing to join daily fantasy game

Published on October 25, 2015 in Apolitical/Top Headlines by Associated Press

Casinos and sports books, the only companies who can legally offer daily fantasy sports sites in Nevada, are instead watching and waiting from the bleachers. It has been more than a week since Nevada regulators told the daily fantasy sports industry to get a gambling license or get out, and before they made their exits, the top two companies inferred regulators were playing favorites to protect Nevada’s golden ticket: casinos and sports books. On Friday, DraftKings reiterated in an emailed…

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