FanDuel have confirmed that they are working towards a target date for launch in the UK, but stressed that ‘the date is not set in stone and still provisional’. The company already have a license to operate remote gambling software but are still waiting on approval for their UK license application. As reported on CalvinAyre.com, FanDuel CEO Nigel Eccles told Bloomberg last …
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CG Technology sues DraftKings & FanDuel over multiple patent infringements
Filing a Nevada District Court appeal, Las Vegas-based betting/gambling technology provider CG Technology (former Cantor Gaming Group) has sued daily fantasy sports (DFS) operators DraftKings and FanDuel on multiple infringements of its patents. CG Technology a specialist in US land based sports betting, claims that the DraftKings and FanDuel products have breached eight of its secured patents. The patent infringements …
Read More »DraftKings and FanDuel – College Dropouts
As part of a deal with the NCAA (National Collegiate Athletic Association) daily fantasy sports operators DraftKings and Fanduel are dropping college sports from their offerings across all states, effective from the end of this week. This dual decision follows months of talks between the companies and the NCAA. NCAA president Mark Emmert said this in a statement issued on …
Read More »DraftKings and FanDuel shut down in New York
Both DraftKings and FanDuel agreed to stop real money contests in New York on Monday after a settlement was agreed with New York Attorney General Eric Schneiderman. The settlement ensures that should the games be legalised in the state this year then the gambling claims against them will be dropped, though there may still be charges for false advertising and a lack …
Read More »Virginia becomes the first to formally legalise daily fantasy sports
A big day for DFS in the United States as Virginia has become the first state to formally legalise daily fantasy sports. On Monday 8th March a law was passed, the ‘Fantasy Contests Act’ which will allow the likes of FanDuel, DraftKings and others to legally offer paid contests in Virginia. DFS operators will be hoping that the state has …
Read More »Viktor Enoksen – FantasyBet – BOFCON Speaker
Daily fantasy sports (DFS) has been a growing phenomenon in the football and sports betting industries, which is why SBC are so excited about the Fantasy Stars panel at #bofcon in April. With DFS making such a big noise in the United States, our expert panel will discuss the understandable clamour for it here in Europe and how it can …
Read More »FanDuel will leave Texas in May but DraftKings will fight on
The latest in the saga that is the daily fantasy sports legal battles in the States is that FanDuel will be leaving Texas in May, whilst DraftKings has decided to continue to fight for the legal recognition of its paid DFS contests in the state. This is particularly big news as Texas is responsible for a significant chunk of DFS …
Read More »DraftKings drops esports sponsorships
Late last week it was announced that DraftKings has decided to pull its sponsorships of major esports organisations. It’s believed that this is due to the mounting costs of the daily fantasy sports operator’s numerous legal battles in states throughout the US. In September DraftKings was one of many companies committing to esports financially, and it agreed deals with the …
Read More »Virginia looks to legalise daily fantasy sports
With the case for daily fantasy sports looking somewhat bleak in New York and a host of other states, industry operators, players and fans will be encouraged to see Virginia looking like it will move in the opposite direction. On Wednesday the Virginia State Assembly passed a measure setting up a legal framework for daily fantasy sports. This legislation was, …
Read More »New Jersey’s bid to legalise sports betting continues
On Wednesday a court of twelve judges heard the case of whether New Jersey’s plan to introduce sportsbooks to its casinos and racetracks is legal under federal law. The potential market in the USA is huge, as evidenced by the case of Nevada. Sports betting is legal there and $4.2bn (£2.9bn) was taken in wagering last year. Unsurprisingly many states are …
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