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Pari-mutuel fantasy sports – catch 22

Pari-mutuel fantasy sports – catch 22

posted on December 22, 2015 by

The Analyst | Innovation and entrepreneurship should always be encouraged, and it is in this light Vic Salerno should be commended for putting his money, time and energy into advancing his vision of Pari-Mutuel Fantasy Sports betting..

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Salerno upbeat about future of US Fantasy

Salerno upbeat about future of US Fantasy

posted on December 22, 2015 by

Gaming Insider | Vic Salerno was flashing a smile as he returned to Las Vegas from California where he met last week with officials at high levels of the horse racing industry to discuss his unique pari-mutuel oriented approach to daily fantasy sports betting.

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Indiana may regulate daily fantasy sports

Indiana may regulate daily fantasy sports

posted on December 21, 2015 by

​Indiana lawmakers are considering the possibility of regulating daily fantasy sports sites and allowing casinos to offer them. Hoosiers are currently allowed to play those sites, but the state has no control over who can offer the games.

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Salerno leads the way again with US Fantasy

Salerno leads the way again with US Fantasy

posted on December 15, 2015 by

Gaming Insider | Last week, Vic Salerno became the first Nevadan to apply for the sportsbook operator’s license the Gaming Control Board says is necessary for companies interested in setting up shop in the daily fantasy business.

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Fantasy sports gets temporary reprieve in New York State

Fantasy sports gets temporary reprieve in New York State

posted on December 11, 2015 by

An appeals court has granted Fantasy Sports a short-term stay to the preliminary injunction issued earlier today by a judge in response to a request by Attorney General Eric Schneiderman.

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New York judge upholds AG's fantasy sports order

New York judge upholds AG's fantasy sports order

posted on December 11, 2015 by

A New York judge has upheld the order of Attorney General Eric Schneiderman that daily fantasy sports companies DraftKings and FanDuel should stop taking bets from New York residents.

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Fantasy sports forum set for Boston

Fantasy sports forum set for Boston

posted on December 09, 2015 by

The daily fantasy sports business is the focus of an “educational forum” to be held Thursday in Boston at the Hynes Convention Center. Live streaming of the day-long series of presentations and discussions can be accessed through the Commission’s website.

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New York lawmakers support fantasy sports contests

New York lawmakers support fantasy sports contests

posted on December 09, 2015 by

Daily fantasy sports contests will be legalized in New York, it does not matter what the judge says. That’s the prediction of the chairman of a state legislative committee with authority over gambling.

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First application filed to operate regulated fantasy sports in Nev.

First application filed to operate regulated fantasy sports in Nev.

posted on December 08, 2015 by

Vic Salerno has applied to the Nev. Gaming Comm. for an off-track, pari-mutuel Sports System Operator’s license. The license would enable Salerno’s new company, US Fantasy, to be the first to offer a full variety of Fantasy Sports contests through casinos within Nev.

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DFS, skill, luck and probability debates continue

DFS, skill, luck and probability debates continue

posted on December 01, 2015 by

The Analyst | With all the stories over the New York courtroom battle of if Daily Fantasy Sports is skill-based or not and how it differs from season long contests, the topic of when is something a gamble versus an exercise in skill has become the determining discussion.

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Fantasy sports lawyers go to Court in New York

Fantasy sports lawyers go to Court in New York

posted on November 27, 2015 by

Attorneys for the two leading companies in the daily fantasy sports wagering business argued Wednesday in a Manhattan court room against the state attorney general’s efforts to shut them down and said he will have a ruling “soon.”

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DraftKings hires outside firm to review compliance

DraftKings hires outside firm to review compliance

posted on November 26, 2015 by

DraftKings has retained Exiger, to conduct a review of all aspects of the company’s operational, financial and risk controls and to help develop the practices that “ensure” DraftKings remains at the forefront of safety and consumer protection in the fantasy sports industry.

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Massachusetts OKs fantasy sports betting

Massachusetts OKs fantasy sports betting

posted on November 20, 2015 by

​Daily fantasy sports companies can continue operating in Massachusetts but there will be rules. Players entering what the Boston-based DraftKings and New York-based FanDuel must be 21 and games involving college or amateur sports will not be allowed.

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Regulated existence seen in Daily Fantasy sports future

Regulated existence seen in Daily Fantasy sports future

posted on November 17, 2015 by

Gaming Insider | Phil Flaherty has been busy at high levels in the Nevada gaming business long enough to see new, interesting ideas flourish. Daily fantasy sports wagering has his attention now.

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DraftKings' request for TRO denied by judge

DraftKings' request for TRO denied by judge

posted on November 16, 2015 by

DraftKings is seeking a temporary restraining order in the state’s Supreme Court to keep the New York Attorney General from enforcing his ban. But their hopes were shot down late Monday when a New York judge denied their TRO request.

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Another road block has fallen in front of daily fantasy sports

Another road block has fallen in front of daily fantasy sports

posted on November 16, 2015 by

A temporary restraining order filed by DraftKings and FanDuel has been shut down today by a New York judge. New York Attorney General Eric Schneiderman ordered them to stop taking wagers in the state. He declared that they are ‘illegal gambling operations.’

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Fla. legislation may provide safe haven for daily fantasy sports

Fla. legislation may provide safe haven for daily fantasy sports

posted on November 16, 2015 by

Companies in the fantasy sports betting business may get the keys to a safe haven in Florida where there is the promise of legislation that would classify the action they provide as a game of skill rather than chance.

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Fantasy companies FanDuel, DraftKings go to court

Fantasy companies FanDuel, DraftKings go to court

posted on November 13, 2015 by

Fantasy sports giants FanDuel and DraftKings have gone on the offense and headed to court to block enforcement of the New York attorney general’s ruling that their business in the state constitutes illegal gambling.

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Fantasy wagering debate continues

Fantasy wagering debate continues

posted on November 13, 2015 by

The search for common ground and clarity has guaranteed fantasy sports wagering a center stage position as the stack of conflicting opinions about what is or isn’t legal grows in states across the country.

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NJ committee reviews fantasy sports

NJ committee reviews fantasy sports

posted on November 11, 2015 by

New Jersey lawmakers and regulators should not treat daily fantasy sports action the same way as casinos because success relies more on skill than on chance. That was the essence of the message delivered by a spokesman for the booming industry.

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