The dominoes keep tumbling for the Fantasy Sports industry, after a DraftKings employee used “inside information” to win over $300,000 in one week. Investigations have been initiated by the FBI and Federal Trade Commission, plus Nevada has issued a Cease and Desist for DFS operators in the state. Now, here’s the latest: The American Gaming Association Chimes in: On the topic of daily fantasy sports, the AGA Board of Directors also made clear that the industry seeks legal clarity and adequate consumer protections. Further, if daily fantasy sports is a legal activity, the casino gaming industry should have the opportunity…

DraftKings has cleared an employee of any wrongdoing after it was alleged he used insider information to win $350,000 (€308,300) on a website operated by rival daily fantasy sports (DFS) company FanDuel. Ethan Haskell, a manager at DraftKings, released key data on fantasy teams for the NFL American football league and won the real-money prize on FanDuel in the same week. Data released by Haskell showed which NFL players were most used in teams submitted to the website’s ‘Millionaire Maker’ contests, with this data not usually released until the line-ups for games have been completed. Furthermore, having such information prior…

The Federal Bureau of Investigation has begun an inquiry into the practices of booming daily fantasy sports websites after players of the games and lawmakers made allegations of predatory tactics and questioned the use of insider information, according to fantasy players who said they had been contacted by investigators. The F.B.I. began contacting several prominent competitors in the contests, the players said, shortly after an employee of DraftKings, one of the two most prominent daily fantasy companies, admitted to inadvertently releasing data before lineups for the start of the third week of N.F.L. games were locked in. The employee, a…

Daily fantasy sports operator DraftKings has further strengthened its presence in the NFL American football league by securing sponsorship deals with 12 more teams in the competition. The Minnesota Vikings is so far the only franchise to have confirmed itself as one of the 12 teams to be covered by the deal, with the identity of other teams yet to be revealed. In a statement, the Vikings said the deals will enable DraftKings to offer exclusive fantasy games and money-can’t buy experiences to NFL fans. DraftKings will also benefit from in-stadium branding and online extensions on each team’s digital platform….

Canadian online gambling operator Amaya Gaming has officially launched its new daily fantasy sports site StarsDraft.com. Amaya acquired DFS operator Victiv last month and previewed its intention to eventually rebrand the outfit as StarsDraft. Now, on the same day that Tom Brady learned he’d be suiting up for the Patriots when the NFL season kicks off next Thursday, Victiv players learned they’d now be picking NFL lineups on StarsDraft. StarsDraft has reassured players that Victiv’s original management will continue to operate the site but the site is “in the process of integrating the operational expertise of Amaya/PokerStars through many areas…

News broke recently that DraftKings, the US daily fantasy sports (DFS) operator, has opened up a new office in London in order to take advantage of its new gaming licence. Daily fantasy sports betting has become a booming industry in the US in recent months and now the industry is looking towards the UK. As it stands, the DFS market is generating more than $2.5 billion each year in the US and when the main players begin to migrate over to the UK that figure will increase dramatically. Naturally, as DFS become more of a “thing” in the UK, sports fans will…