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DraftKings and FanDuel refuse to go gently into that good night. After Illinois Attorney General Lisa Madigan ruled that daily fantasy sports (DFS) equated to illegal gambling under state law, the two DFS industry leaders are gearing up for a fight, rather than withdrawing from the market. Madigan cited a fairly simple-looking section of the… Read more »
Illinois Attorney General Lisa Madigan ruled Wednesday that daily fantasy sports are illegal gambling under current Illinois state law. She did not go so far as to order DFS sites out of the site as New York Attorney General Eric Schneiderman did, but one could probably assume that she would recommend that course of action.… Read more »
Completing a long process, the New York Gaming Commission finally handed out three casino licenses Monday, marking the next milestone in the expansion of land-based gambling in the Empire State. The commercial casinos were authorized by a bill back in 2012, but it took until a year ago for three casinos to finally receive approval.… Read more »
Paysafe Group Plc, parent of e-wallets NETeller and Skrill, has acknowledged that millions of customers had their personal information put at risk during two hacking events in 2009 and 2010. The admission of the hacking comes about a month after the initial revelation of the data breach. A total of 7.8 million Paysafe customers had… Read more »
They say the value of something is whatever someone else is willing to pay for it. All it takes is one person to REALLY want something for the price to skyrocket (well, maybe two people, as only a fool would bid against himself). So when you think of the kitchy dogs playing poker paintings, don’t… Read more »
A British teenager received a minimal punishment for bringing down an online gambling site, though he was also given a stern tongue-lashing from the judge. In early 2014, Max Whitehouse, then 17-years old, initiated a Distributed Denial of Service (DDoS) attack against a European online gambling site. The Nottingham teen created problems for the UK-facing… Read more »
Daily fantasy sports are fun, but the industry in the United States is quickly turning into a mess. Sites are being forced out of individual states, class action lawsuits are being filed, and major sites are being investigated for the legality or potential lack thereof. And now one of the two leading DFS sites is… Read more »
The Athens Banner-Herald reported Monday that Georgia Attorney General Sam Olens said that his office is embarking upon an investigation to determine if daily fantasy sports violate state law. Unlike in New York, it does not sound like Olens is on a crusade to rid his state of the pastime, though only time will tell… Read more »
Daily fantasy sports (DFS) leader FanDuel has decided to exit the New York market, at least temporarily. The move comes a week after New York Attorney General Eric Schneiderman sent FanDuel, based in New York, and DraftKings, based in Boston, cease and desist letters, saying that they were engaging in illegal gambling. The two daily… Read more »
It what should not come as much of a surprise, a New York judge has denied the temporary restraining order daily fantasy sports (DFS) companies FanDuel and DraftKings filed against New York Attorney General Eric Schneiderman. The motions were filed Monday morning and by Monday night, New York Supreme Court Justice Manuel Mendez had shot… Read more »
New York Attorney General Eric Scheiderman announced today that daily fantasy sports (DFS) contests constitute gambling and as such, are illegal in the state. To that end, he has sent a “cease and desist” letter to market leaders DraftKings and FanDuel, telling them that they must stop accepting action from New York players. In a… Read more »
One would not normally consider the day one is handed down a sentence for a crime to be a good one, but for Bryan Micon, it may actually be welcome, as it might allow him to start bringing closure to what has been a tough year. The SealswithClubs founder, who was charged with the illegal… Read more »
The lawsuits keep piling up against daily fantasy sports sites. The latest actually comes from someone who has indirectly benefited from fantasy football, Washington Redskins wide receiver Pierre Garcon. First reported by The Washington Post, Garcon filed a class-action lawsuit against DFS site FanDuel on Friday on behalf of all NFL players. One may wonder… Read more »
Jennifer Harman and John Juanda were announced as the newest members of the Poker Hall of Fame today after nomination, vetting, and voting phases dating back to this summer. They will be inducted on Friday, November 6th at Binion’s Gambling Hall, the former long-time home of the World Series of Poker. Harman and Juanda are… Read more »
I’m not going to go so far as to say that the end is nigh for daily fantasy sports (DFS), but it is not looking good for the young and suddenly extremely popular gaming pastime. On Monday afternoon, yet another shoe dropped, as Amaya Gaming announced that it is pulling its DFS site, StarsDraft, almost… Read more »
Oh good, Senator Harry Reid (D – Nev.) is weighing in on the daily fantasy sports (DFS) “insider trading” scandal. According to NewJersey.com’s John Brennan, the Senate Minority Leader spoke with his colleague, Herb Jackson, to give his two cents on the issue that has been gaining more and more attention in the past week.… Read more »
If fans of online gambling and daily fantasy sports (DFS) hoped that news of the recent “insider trading” scandal would stay contained to niche industry news sites and message boards, they are now sorely disappointed. Mainstream news sites have now caught wind of what has been going on and have jumped on the situation. Even… Read more »
We have heard about the Global Poker League (GPL) from Global Poker Index (GPI) CEO Alexandre Dreyfus before, but really all we have ever heard is that it is part of his plan to “sportify” poker. The GPL was always some blurry thing coming in the future, but never have any details been forthcoming. On… Read more »
After much hype, Poker Central, the world’s only round-the-clock poker television network, will make its debut on Thursday, October 1st. On Tuesday, it announced its inaugural programming lineup. Many of the shows, at least initially, will be pre-existing series that originally aired either in the U.S. or overseas, but Poker Central is developing original programming,… Read more »
Remember when Binion’s in downtown Las Vegas used to be a legendary venue for poker? Now it’s more like Binion’s is a place that people only hear about in legends. The latest piece of evidence in the near-disappearance of poker from Binion’s altogether came yesterday, as the gambling hall announced that it is dropping the… Read more »
Hindsight, as they say, is 20/20. And right now, hindsight is being quite critical of bwin.party’s decision to accept the acquisition offer of GVC Holdings over that of 888 Holdings earlier this month. According to UK newspaper The Independent, “observers have questioned the logic of choosing a far smaller player to take it over,” particularly… Read more »
Two men were arrested last Wednesday in Weston, Florida for allegedly running an illegal gambling operation. Michael Kieran McGuinness, 60, and Daniel Frederick Husley, 38 were led out of the Smoke on the Water Cigar Bar in zip-tie cuffs in the midst of what appeared to be a poker event. The arrests were the result… Read more »
The ten finalists for the 2015 Poker Hall of Fame class were announced by the World Series of Poker yesterday after a public nomination period and a vetting process conducted by the PHOF Governing Council. Six of the nominees have been on this list before, while four (yes, I just checked, the math works out)… Read more »
It’s not quite the interstate gaming arrangement we were looking for, but it’s a start. On Thursday, the New Jersey Division of Gaming Enforcement announced that it has approved deal in which Scientific Games will operate an online gambling product from Atlantic City, but for Delaware players only. The New Jersey DGE issued the following… Read more »
In an earnings call in April, Amaya Gaming CEO David Baazov said that he wanted his company to go live with a daily fantasy sports (DFS) product by the time the NFL season started. Mission accomplished. On Friday, PokerStars’ parent company officially launched StarsDraft.com in the United States, just in time for the NFL season,… Read more »
