There has been extensive fallout of the Houston Astros cheating scandal in baseball. From suspensions to fines to taking away draft picks, the MLB has internally disciplined the Astros. However, there has been speculation as to the potential legal consequences of the cheating scandal. On January 23, 2020, one such legal consequence became apparent when five fantasy baseball players filed a class action lawsuit in the United States District Court, Southern District of New York against the MLB, the Astros, and the Boston Red Sox. …Continue Reading
Two stars from “The Bachelor” are facing allegations that they colluded in a DraftKings contest to win $1 million, adding to the controversies that the daily fantasy sports industry is facing.
Jade Roper-Tolbert won $1 million in the DraftKings Millionaire Maker involving the NFL playoffs. She entered 150 lineups, which is the maximum number allowed for a single contestant. Tanner Tolbert, her husband who she met while filming “Bachelor in Paradise,” also entered the same contest with 150 entries. However, it is alleged that none …Continue Reading
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 …Continue Reading
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 …Continue Reading
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 …Continue Reading
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 …Continue Reading
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 …Continue Reading
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 …Continue Reading
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 …Continue Reading
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 …Continue Reading