Articles about draftkings

FTC aims to block merger of fantasy sports giants FanDuel and DraftKings

FanDuel and DraftKings have run into a roadblock for their proposed merger. The FTC announced today that it will, along… Read More

Fantasy football is a skill, Washington state lawmaker contends, making new push for legalization

OLYMPIA, Wash. — Skill or chance: Which is it when you play fantasy football? State Sen. Doug Ericksen, R- Ferndale,… Read More

Daily fantasy sports giants DraftKings and FanDuel agree to merger

The two leaders of daily fantasy sports, DraftKings and FanDuel, have agreed to merge. The companies announced the long-rumored deal Friday morning, with… Read More

DraftKings CEO on overcoming legal battles, early investor apathy, and a potential FanDuel merger

SAN FRANCISCO — DraftKings has been on a roller coaster over the past few years, to say the least. But… Read More

Yahoo follows DraftKings and Fan Duel in suspending fantasy sports in New York

Yahoo was due to suspend paid fantasy sports contests in New York state on Wednesday, a decision that follows similar… Read More

In win for DraftKings and FanDuel, Virginia becomes first state to legalize daily fantasy sports

It hasn’t been a great past few months for DraftKings and FanDuel, but Monday brought good news for the daily… Read More

News all bad for DraftKings as it loses ESPN ad deal and Fox writes down investment

Among the multiple setbacks suffered of late by DraftKings, one of the least surprising is that the fantasy-sports firm no… Read More

NFL player files class action lawsuit against FanDuel over player ‘names and likenesses’

View image | gettyimages.com Washington Redskins wide receiver Pierre Garcon is suing FanDuel one year after promoting the daily fantasy… Read More

Spending on DraftKings, FanDuel dips as regulators scrutinize daily fantasy sports sites

For the first time this NFL season, total spending and participation from consumers on daily fantasy sports sites decreased week-over-week.… Read More

Nevada gaming regulators issue cease-and-desist to DraftKings and FanDuel, deeming them illegal

DraftKings and FanDuel are being ordered out of Nevada. The Nevada Gaming Control Board ruled today that daily fantasy sports… Read More

Former IGT exec launches new play-by-play prediction fantasy football game

A new startup from Seattle is putting a different spin on the daily fantasy sports model with an app that… Read More

Akin to the stock market, daily fantasy sports sites FanDuel and DraftKings need regulation

Hard-charging daily fantasy sports sites are suddenly embroiled in controversy that includes discussion of something akin to insider trading. While there… Read More

DraftKings, FanDuel embroiled in fantasy sports controversy after allegations of ‘insider trading’

DraftKings and FanDuel are dealing with a scandal that is described as alleged “insider trading.” The New York Times has… Read More

Daily fantasy football craze: DraftKings, FanDuel spend combined $27M on advertising this week

If you watched any football during the first week of NFL action this past Sunday, you surely saw an advertisement for… Read More

Daily fantasy sports site DraftKings raises $300M from Fox Sports, others at $1.2B valuation

Earlier this month, daily fantasy sports site FanDuel raised a whopping $275 million round. Now, its rival DraftKings is reeling… Read More

Fantasy sports site FanDuel raises $275M at $1 billion valuation

FanDuel is now a unicorn. The daily fantasy sports company just raised a $275 million round that values FanDuel at… Read More

DraftKings partners with ESPN for exclusive fantasy sports deal

ESPN today announced an exclusive deal with DraftKings, which will become ESPN’s official daily fantasy sports platform. DraftKings runs daily fantasy sports games… Read More