Yahoo is following the lead of DraftKings and FanDuel and stopping its paid daily fantasy sports operations in New York. Reuters reports that this shutdown won't affect other states, however.
Virginia's General Assembly recently sent the Fantasy Sports Act to governor Terry McAuliffe, and now that he's signed, it is the first state with daily fantasy law on the books. Highlights of the bill include a $50,000 registration fee for companies...
As DraftKings and FanDuel make their case for daily fantasy sports in each state in the US, the Virginia legislature approved a framework to regulate the games. The Fantasy Contests Act (SB 646) passed both the Senate and the House in the state, maki...
While daily fantasy sites DraftKings and FanDuel battle to stay open in the US, the former outfit is taking its games to the UK. Starting today, sports fans across the pond can take advantage of DraftKings' "innovative skill-based contests" to try an...
The daily fantasy sports industry has a new problem, and The New York Times believes it's "the biggest blow yet" despite all its other legal challenges. One of its main payment processors, Vantiv Entertainment Solutions, has notified its clients that...
Daily fantasy sites DraftKings and FanDuel are free to continue operating in the state of New York. After a judge banned the gaming services from taking funds for a few hours last month, an appeals court ruled that the two companies could continue ga...
It was a pretty glum New Year celebration for daily fantasy sites FanDuel and DraftKings, following an amended lawsuit filed against them yesterday by New York attorney general Eric Schneiderman. The two biggest fantasy sports sites have been facing...
DraftKings and FanDuel are already fighting to keep their doors open in New York City, and now Chicago is also at risk. Today Illinois Attorney General Lisa Madigan informed state representatives that in her opinion, daily fantasy sports games are un...
FanDuel and DraftKings will not be allowed to operate in New York while the companies fight in court against state Attorney General Eric Schneiderman, who contends the sites constitute illegal gambling. State Supreme Court Judge Manuel Mendez ruled o...
DraftKings and FanDuel may have bitten off more than they can chew when they sued New York to keep their daily fantasy sports games alive in the state. FanDuel's corporate policies from before it self-regulated have been entered into evidence, and...