MLB's deal with DraftKings should signal baseball's changing stance on gambling
MLB's deal with DraftKings should signal baseball's changing stance on gambling
Last week, Major League Baseball announced an extension and enhancement of its previously under-the-radar partnership with DraftKings, a leading daily fantasy sports Web site. The deal gave baseball a small ownership stake in the company, with which …
Read more on Washington Post (blog)
Cash flows to fantasy sports sites
Fantasy sports websites that play on a daily basis have dodged strict online gambling restrictions to become an industry valued in the billions of dollars. Hyper-speed fantasy leagues that allow cash stakes have surged in popularity, thriving within …
Read more on The Hill
Daily Fantasy Sports Growth Pushes Leagues to Regulate Players
Over the last year, all four major U.S. sports leagues signed sponsorship deals with daily fantasy websites through players, teams or the league itself. They are now promoting a business that, while legal in most of the U.S., resembles sports gambling …
Read more on Mondaq News Alerts (registration)
Daily fantasy sports boom spawns virtual stock-picking games. But why?
Daily fantasy sports leagues are booming because they allow fans to “day trade” athletes as if they were stocks. So then why — when there's actual day trading … In this sense, this is simple gambling economics. Which raises the obvious question: Why …
Read more on Yahoo Finance
Category: Leagues & Betting
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