FanDuel Owner to Become Largest Gambling Company in $6 Billion Deal, Targets U.S. Sports Betting Market

Flutter Entertainment PLC, the owner of Paddy Power and FanDuel, announced a $6 billion deal to purchase The Stars Group Inc. (TSG) and become the world’s largest online gambling company.

Flutter, an Irish gambling conglomerate, owns gambling websites Paddy Power and Betfair, in addition to sports betting websites FanDuel, Sportsbet, and TVG. Meanwhile, Canadian company TSG owns the world’s largest poker website, PokerStars, as well as BetStars and Full Tilt Poker.

The combined value of the companies is approximately $12 billion. Further, the combined …

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Ex-Athlete, Now Congressman, Ready to Suit Up Against the NCAA

On September 30, 2019, it was reported that California Gov. Gavin Newsom signed into law the Fair Pay to Play Act. Previously, we have reported that the bill will allow student-athletes at the 58 member schools within California to receive compensation for the use of their name, image, and likeness.

Within days of  Newsom signing California’s Fair Pay to Play Act, U.S. Congressman Anthony Gonzalez, of Ohio, announced his intention to propose a federal bill to give student-athletes the opportunity to benefit from the use …

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Peloton Copyright Infringement Lawsuit Expanded to $300 Million, Includes Over 2,000 Songs

A refreshed complaint against cycling giant, Peloton, by over 30 music publishers was approved by a federal judge, approximately doubling the number of songs and damages claimed.

As we reported earlier, 30 music publishers filed a copyright infringement lawsuit against Peloton in March. The company is known for its high-end stationary bicycles that allow users to stream online spinning classes. The lawsuit alleges that these classes used copyrighted music and that Peloton failed to obtain proper synchronization licenses, which are fees paid to music …

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Pennsylvania and Florida Latest to Introduce Bills to Pay Student-Athletes

The bandwagon keeps rolling — Florida and Pennsylvania have become the latest states to introduce legislation that would allow student-athletes to earn compensation through endorsements and sponsorships. Like the recent bill signed into law in California, which allows student-athletes to receive compensation for the school’s use of their name, image, and likeness, state legislators in Florida and Pennsylvania introduced their own versions of the Fair Pay to Play Act.

On September 30, 2019, Florida state Rep. Kionne McGhee introduced House Bill 251–a bill that would …

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NFL Officially Partners With DraftKings for Daily Fantasy

On September 26, 2019, the NFL announced that it has selected DraftKings to be its first official daily fantasy partner. Notably, this partnership deal does not include sports betting.

In a joint statement, the companies stated that their partnership includes “exclusive sponsorship of the daily fantasy sports category with access to NFL branding and more.” NFL Chief Revenue Officer Renie Anderson said, “[d]aily fantasy football has been a tremendous vehicle for fans of all types to deepen their engagement with the NFL.” Over 11 …

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California First State to Pay Student-Athletes

On September 30, 2019, California Gov. Gavin Newsom signed the Fair Pay to Play Act. Groundbreaking legislation and the first of its kind, this act will allow California student-athletes to earn compensation through endorsements or sponsorships.

As we have continued to report, the legislation – now law – comes on the heels of the heated debate across the country on whether student-athletes should be compensated for their services. California is now the first state in the country to allow student-athletes at the 58 member …

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Jets Player Sues NFL, Alleging ADA Violation Over Helmet Visor

New York Jets safety Rontez Miles filed a lawsuit against the NFL, claiming that a referee violated the Americans with Disabilities Act (ADA) when he forced Miles to remove a helmet visor. Miles said that the visor was necessary to protect his eyes from sun glare. He had previously collided with another player and was injured when his helmet did not include the visor.

The incident took place on August 19, 2017, during a preseason game against the Detroit Lions. According to his complaint, a …

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New England Patriots Player Asks Judge to Throw Out ‘Trash Talk’ Lawsuit

New England Patriots safety Patrick Chung has asked a federal judge to dismiss a defamation lawsuit by a former Los Angeles Rams employee that involves the posting of a text message on social media.

As we reported earlier, former Rams ticket executive Matthew Hogan sued Chung and Matthew Weymouth, a friend of Chung’s who ran his social media pages. The lawsuit is over text messages that Chung posted to his social media. The post consisted of an exchange between Hogan and Weymouth where Hogan …

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All in the Family: Father of NCAA Corruption Convict Allegedly Fired for Soliciting $25,000 from Student-Athlete

Cleveland State University (CSU) has fired Lou Dawkins, the father of aspiring sports agent and convicted NCAA bribery conspirator Christian Dawkins, from his assistant basketball coach position for soliciting $25,000 from a student-athlete.

As we previously reported, Christian Dawkins and Adidas consultant, Merl Code, were convicted by a federal jury in October 2018 on fraud charges. Then, in May 2019, Dawkins and Code were convicted by another federal jury on conspiracy to bribe assistant college basketball coaches.

Dawkins is currently arguing for leniency in …

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$29.5 Million Sports Betting Scheme Unraveled by SEC

On August 30, 2019, the Securities and Exchange Commission (SEC) filed a complaint in the U.S. District Court of Nevada against John Thomas, 74, and Thomas Becker, 72. The SEC alleges Thomas and Becker ran a fraudulent $29.5 million sports betting investment scheme. The two men raised the funds from 600 investors across 40 states by “offering investors pooled investment contracts whereby [the investors] obtain the opportunity to share in the purported profits” from Thomas’ and Becker’s “proprietary sports betting system.”

Thomas and Becker communicated …

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