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Gambling News - 'Dfs'
Sports
March 23, 2022
New York Top Court Sides with Fantasy Operators, DFS Not Gambling
Betting companies and gaming operators in New York secured another victory on Tuesday after the State Court of Appeals sided with FanDuel and DraftKings, agreeing that the fantasy contests that these two – and other – operators run, are perfectly legal and allowed under the Empire State constitution. DFS Not a Game of Chance Last […]

Industry
July 27, 2021
DraftKings Pulls DFS Out of Oregon as It Eyes the Larger Sports Betting Market
DraftKings has decided that the activity that propelled it to the top of the charts in the sports gambling world is no longer as important. Both DraftKings and FanDuel got their starts by offering daily fantasy sports (DFS) contests and more, but DraftKings seems to be pulling away. It has suddenly and unexpectedly cut off […]

Sports
June 30, 2021
DFS Operator PrizePicks Has a New Deal in the Works with the Atlanta Falcons
July is at our doorsteps, which means that fall is right around the corner. To some, that might not mean much, but to the other 98% of us, it can only mean one thing – football is almost here. NFL, college and high school football teams and fans, as they do every year, are anxiously […]

Industry
October 20, 2020
IRS: DFS Entry Fees Should be Subject to Federal Excise Tax
The industry of daily fantasy sports (DFS) is facing a significant threat to its very existence, a comprehensive analysis of recent developments outlines. And that threat comes from the internal revenue service (IRS) which came up twice for the last 4 months with statements that DFS represents wagering and should be subjected to federal excise […]

Sports
October 14, 2020
DFS Weekend Chaos as Data Outage Leaves Players on the Dark
Fans of daily fantasy sports (DFS) had a weekend to forget, as an outage in the data turned all participants blind as to what was happening and who stood wherein the ranking. The issue with Stats Perform significantly disrupted contests across multiple platforms and caused players to vent their frustration. Delays in Scoring Delays for […]

Sports
August 15, 2020
DraftKings & FanDuel May Face Millions in Excise Tax Annually
A major shake-up for the daily fantasy sports (DFS) industry is looming after the decision by the Internal Revenue Service (IRS) that the entry fees for the competitions must be subjected to federal excise tax, threatening to affect large DFS and sports book operators such as DraftKings and FanDuel. An internal memorandum from the Office […]

Esports
April 4, 2020
DraftKings Launches eNASCAR Daily Fantasy Contest
The latest addition to the fantasy lineup features a DraftKings-run contest covering the eNASCAR Bristol Motor Speedway this Sunday. DraftKings Adds eNASCAR Fantasy Contest After successfully introducing a Counter-Strike fantasy game, DraftKings is now adding an entirely new product for the eNASCAR series. With Nevada giving an official go-ahead to both competitions as official events […]

Legal
February 7, 2020
Daily Fantasy Sports Contests Declared Illegal By New York Court
Last Thursday, a New York State appeals court delivered a ruling that has cast yet another shadow of uncertainty on the future of daily fantasy sports betting in the state. According to the court’s ruling, a law that was signed by Governor Andrew M. Cuomo back in August 2016 is unconstitutional. The law in question […]
