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..view
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.view
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.view
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.view
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.view
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.view
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.view
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.view
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.view
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.”view
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.view
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.view
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.view
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.view
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.’view
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.view
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.view
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.view
Lawmakers are considering a whopping progressive tax on proposed Japanese casino/resorts that might reach 50 percent of gross gaming revenue, reports The Japan Times.
Las Vegas-based Boyd Gaming Corp. (BYD) reported fourth-quarter net income of $82.2 million on Tuesday. The company said it had profit of 71 cents per share. Earnings, adjusted for pretax gains, were 22 cents per share.
MGM Resorts International Chairman and CEO Jim Murren has revealed his company is ready to quickly move toward accepting sports bets, should the U.S. Supreme Court legalize national sports wagering.
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