Fantasy Sports

Reports: DOJ orders FBI to investigate DraftKings, FanDuel

The daily fantasy sports (DFS) industry is under siege from all quarters. Wednesday the Wall Street Journal, quoting anonymous sources, reported that the U.S. Department of Justice (DOJ) and FBI are investigati...

UIGEA author steaming at DFS

Fantasy sites FanDuel and DraftKings' use of  2006 federal money processing legislation as the lone validation for their legitimacy is “sheer chutzpah” according a former U.S. congressman who co-sponsored the l...

US Attorney investigating DFS operators

Whether or not operators of daily fantasy sports (DFS) are violating the Illegal Gambling Business Act (IGBA) is a question for a grand jury, which has been convened by the US Attorney’s office in Tampa, Florid...

U.S. casinos want a piece of the fast-growing fantasy sports pie

This year’s Global Gaming Expo (G2E), the industry’s biggest trade show that began last week in Las Vegas is all abuzz with talk of fantasy sports, the business that’s gowning exponentially, but whose action re...