While the presidential race outcome is still in limbo, three states — Maryland, Louisiana, and South Dakota — approved sports gambling by wide margins in Tuesday’s general election. The number of states allowing sports betting is now 26, plus Washington DC. None of the three states that just approved sports […]
For the last half-decade, DraftKings and FanDuel have been making quiet campaign contributions toward sports gambling legalization efforts. This Election Day, thanks to initiatives they’ve championed, voters will have their say on the fate of sports betting in three states — Maryland, Louisiana, and South Dakota. So far, 22 states […]
The wait is over for Tennesseans looking for sports betting to begin in their home state as a quartet of sites is set to go live this weekend. While many bettors are eagerly awaiting the chance to place legal wagers on their favorite teams, there are some important regulations they […]
DFS players at DraftKings and FanDuel are finally receiving payouts from the weekend contests after delays due to live scoring issues, but participants in some contests are still left waiting. DraftKings paid out all college football contests on Monday, and experienced no scoring issues in NFL games on Sunday, so […]
The weekend of football proved hair-pullingly frustrating for DFS users who couldn’t follow live scoring for their contests, and who are still waiting for payouts on Monday – up to two days after some contests ended. Neither DraftKings nor FanDuel offered live scoring for college football contests on Saturday. DraftKings […]
The IRS said it intends to impose an excise tax on DFS contest entries, but legal experts believe the industry can delay the implementation due to ambiguities in the law. Confusion About Whether DFS Contests are Wagers An IRS memo said that DFS companies must pay a 0.25 federal excise […]
A decision by the IRS to require daily fantasy sports operators to pay a federal excise tax on DFS contests is spurring debate over the future of the industry. DFS Subject to Same Excise Tax as Sports Bets An IRS memo says the DFS industry will face the same 0.25 […]
DraftKings and FanDuel may be able to offer bets in Illinois as early as this weekend when Major League Baseball returns to play, with William Hill waiting in the wings. 5 Online Sportsbook Operators in Illinois with William Hill Coming Soon Sleuths discovered that DraftKings and FanDuel, the two biggest […]
DraftKings quickly became a stock market darling after its initial public offering in April, with shares more than doubling in less than two months. But after the fervor dies off, will the company – known for DFS, sports betting, and it’s growing online casino division – continue to be a […]
In a league that once disdained gambling, the Denver Broncos announced a historic partnership with FanDuel sportsbook on Monday that makes the company the official sports betting partner of the team. Denver Broncos First to Ink Sportsbook Sponsorship For years, the NFL toed the line on gambling, realizing that betting […]
Burrow or Tua? Swift or Taylor? Delpit or McKinney? Picking FanDuel Rosters by Position FanDuel is offering free contests for DFS players to predict the results of the NFL Draft that begins Thursday. In addition to the winner of each contest receiving $1,000, FanDuel hopes to raise hundreds of thousands […]
The Illinois Supreme Court tossed out a lawsuit Thursday that relied on a 200-year old state law in an attempt to reclaim a lost bet on daily fantasy sports, ruling that DFS is a game of skill. Lawsuit Over a Lost C-Note In April 2016, Colin Dew-Becker lost $109 […]
With practically all sports other than eSports shut down due to the coronavirus pandemic, DFS operator FanDuel is turning to non-sporting events to help maintain player interest in its site, including a free-to-play contest based on the results of each week’s “Survivor†episode. On March 15, FanDuel offered paid contests […]
FantasyDraft has temporarily stopped offering DFS contests as a result of the mass sports cancellations in the wake of the coronavirus pandemic. FantasyDraft ‘Unable to Offer Contests’ In an email sent to users, FantasyDraft CEO Stephen Krombolz wrote that the suspension of all US professional sports leagues has left the […]
DFS operators are continuing to run contests, even as the pool of available sports is shrinking due to leagues canceling games because of coronavirus-related concerns. Limited DFS Slates Available In a statement emailed to users and attributed to company president Matt Kalish, DraftKings said that it would “continue to offer […]
It’s hard not to love free chances to win money, and as we march into football season the DFS sites are offering novices and veterans alike a chance at gratis moolah.
Outs and hits are not created equally in DFS – far from it, in fact, with some stats being worth so much more than others. As you hone in on which players to select for your baseball lineups, let’s look at some stats that are particularly valuable in scoring. Strikeouts […]
The FanDuel Group and Boyd Gaming announced that they would join together to operate online sports betting products in the United States. According to a press release, the two companies will work together to establish mobile betting products in states where sports betting has been legalized and online wagering is […]
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