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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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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Let’s Go Live: NBA Announces Partnership to Distribute Real-Time Odds

On November 28, 2018, the NBA announced that sports data providers Genius Sports and Sportradar will have nonexclusive rights to distribute real-time, official data to licensed sportsbooks in the U.S. This is inclusive of both NBA and WNBA games, including preseason, regular season, and postseason play. This partnership comes on the heels of “live betting” beginning to take off; indeed, at a recent gaming conference in New York, a FanDuel executive noted that in-game betting amounts to approximately 40% of the amount wagered at its…
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Draftkings and Fanduel: “No Doubt” Right of Publicity Lawsuit Should be Dismissed

As we have previously reported, former NCAA football players, Akeem Daniels, Cameron Stingily, and Nicholas Stoner recently filed a lawsuit against Draftkings, Inc. and Fanduel, Inc. In their lawsuit, the former NCAA players allege that Draftkings and Fanduel violated an Indiana state right-of-publicity statute when they used the former players names, images, likenesses, and statistics in online fantasy sports contests. After the case was dismissed in United States District Court, it was appealed to the Seventh Circuit. A Seventh Circuit appellate panel certified the…
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FanDuel Strikes Deal with NHL as Official Sports Betting Partner

Via joint press release, FanDuel announced its partnership with the NHL, unveiling its multi-year deal as the official daily fantasy sports partner and sports betting partner. The partnership is not the first of its kind for the NHL, as the organization announced a comparable agreement with MGM Resorts International shortly before its FanDuel partnership. The NHL’s strategy to cozy up with sports betting giants is a sharp turn away from its previous views on the gambling practice. Back in 2016, NHL Commissioner Gary Bettman stated…
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NHL Partners with MGM

On October 29, 2018, the NHL announced a partnership with MGM Resorts International and became the second North American sports league to reach a partnership with the professional sports betting operator. As per the terms, the NHL officially designated MGM Resorts as the official sports betting partner of the NHL. Specifically, the deal allows MGM Resorts to host NHL promotional opportunities and establishes MGM Resorts as an official resorts partner of the NHL. Further, the deal provides MGM Resorts access to the NHL’s proprietary game…
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Plaintiffs Win Big: NY Court Classifies Fantasy Sports Betting as Gambling

NY State Court Judge Connolly ruled on Monday that fantasy sports contests are gambling, thus rendering the state law legalizing their operation unconstitutional. The decision is a major blow to industry leaders like DraftKings Inc. and FanDuel Inc. However, the Justice noted that the decision fails to bind the lawmakers from excluding such contests from the penal law governing anti-gambling regulations. Plaintiffs brought the suit against Governor Cuomo and the NY State Gaming Commission opposing the law legalizing fantasy sports betting. The law originally legalized…
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DraftKings Sues to Identify Cyber Attackers

DraftKings, Inc. has filed suit in Massachusetts federal court in an attempt to identify the individuals behind cyberattacks launched at the website. DraftKings, with its business based in fantasy sports contests, claims to have suffered a 26 minute denial of service when the cyber assailants “overwhelmed” its servers on two separate occasions in an attempt to stifle business. Its complaint, filed under the Computer Fraud and Abuse Act, articulates, “The attack occurred because defendants intentionally sent thousands of packets of information or commands to plaintiff’s…
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MLB Asks Lawmakers to be Cautious in Recently Legalized Sports Betting World

On July 31, 2018, at the National Conference of State Legislators (NCSL) Bryan Seeley, a senior vice president with Major League Baseball, asked lawmakers to be cautious in the recently legalized sports betting world. As we have previously reported, in May 2018, the United States Supreme Court struck down a federal statute controlling the states’ ability to regulate sports gambling. In its majority opinion, the court voted to strike down the Professional and Amateur Sports Protection Act of 1992 (PASPA). Although PAPSA did not…
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CBS Interactive Inc. Sued for Trademark Infringement

On July 13, 2018, Fulltime Fantasy Sports, LLC (Fulltime) sued CBS Interactive Inc. (CBSi) for trademark infringement, false advertising, breach of contract, conversion, unlawful and deceptive practices, and unfair competition. According to the complaint, “[a]s fantasy football season approaches, Fulltime has been forced to file this action to seek relief from the Court’s so that CBSi will stop misappropriating Fulltime’s intellectual property and good will, stop confusing consumers, and pay Fulltime what it is owed.” Fulltime, founded in 2011, “provided premier fantasy sports content,…
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