Sports betting

New Jersey issues first exchange wagering license

The long and frustrating journey has ended for the UK-listed betting exchange Betfair’s US division, as New Jersey issues it an exchange wagering license making it the first US state to do so with Monmouth Park...

Regulating DraftKings like a casino considered by Mass. Gaming Commission

Regulation of daily fantasy sports (DFS) is not within the scope of the Massachusetts Gaming Commission, according to Chairman Steve Crosby who said that daily fantasy sports companies such as Boston-based Draf...

“Black Friday” Attorney opens DFS investigation in New York

Preet Bharara, the U.S. Attorney in the Southern District of New York who brought the poker industry to its knees and permanently altered the landscape of the online gambling industry in what has now become kno...

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...