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Las Vegas casinos not rushing to join daily fantasy game

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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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NBA Commissioner Adam Silver suggests regulations on daily fantasy operators

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Daily fantasy operators, despite several outside investigations, continue to face serious questions about legality of industry trade practices under federal and state gambling laws. Steve Fainaru and Mark Fainaru-Wada of ESPN are reporting that NBA Commissioner Adam Silver has called for federal regulation of fantasy operators, even though he insists the league will continue its relationship with FanDuel – one of the organizations under scrutiny. Silver’s remarks, made on ESPN’s Outside the Lines, is the first from a major sports…

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Investigation finds DraftKings employee did not have data before setting winning lineup

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A DraftKings employee who inadvertently published internal data before winning $350,000 on another fantasy draft website did not access information before setting his lineup, according to a recently concluded investigation by the Greenberg Traurig law firm. On Monday, ESPN reported that DraftKings content manager Ethan Haskell did not have the internal data until after locking up his lineup. Attorney John Pappalardo led the two-week outside investigation. Haskell had accidentally released the information on Sept. 27, after the early NFL kickoffs…

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New York Times fantasy sports ‘scandal’ is just that — fantasy

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Few can resist the allure of “major scandal.” Even fewer can resist assailing an easy target. Not even the venerable New York Times is immune from such bad habits, even though it should know better (shouldn’t it?) Covering the fantasy sports industry, which is described as a multibillion-dollar “unregulated business,” leave it to The Times to miss the mark entirely. A new article does no less than fabricate major scandal out of whole cloth, centered on the inadvertent release of non-public data.…

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Gambling or fun? Lawmakers may make call on fantasy sports

in Sports/Top Headlines by

As the NFL season kicks off, another big contest may be soon be played in the halls of the Florida Capitol. The growing fantasy sports industry, which is already subjecting television viewers to a barrage of wall-to-wall advertising with the new football season, is now setting its sights on getting the blessings of the Republican-controlled Florida Legislature. Two rival fantasy sports companies, FanDuel and DraftKings, have joined forces to hire one of Tallahassee’s most prominent lobbying firms led by a…

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Gambling or not, daily fantasy sports faces scrutiny

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Think wagering $20 to win $1 million by picking a winning combination of NFL players for a fantasy team this Sunday is gambling? The league says it isn’t. So do fast-growing daily fantasy sports companies such as DraftKings and FanDuel that offer the games and advertise with the long gambling-adverse pro football organization. But as the lucrative NFL betting season ramps up and advertisements from DraftKings and FanDuel are as hard to miss as an extra point, Las Vegas casinos…

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