It was 2017 when DraftKings & FanDuel attempted to merge into one, big, happy family. However, it did not take long for that move to be called off, as the Federal Trade Commission (along with a couple of attorneys general) said they would sue to block any merger. The combined companies would have controlled 90%  of the market for daily fantasy sports, which authorities say would have violated antitrust law. Now, two U.S. senators have called for the FTC and the Justice Department to take another look, and to open an  investigation into DraftKings & FanDuel over a similar accusation….

Ten years ago, sports leagues hated gambling. Five years ago, leagues embraced gambling Now, DraftKings and FanDuel are being sued by one of the leagues players union. Strange days indeed, as John Lennon once wrote. So what’s the issue? As is the case so many times it all boils down to money. Not so peculiar, mama. Major League Baseball’s players union filed a lawsuit in federal and state courts, accusing both DraftKings and FanDuel of using images of nearly all active MLB players on their websites and mobile apps without obtaining permission. The players are seeking both compensatory and punitive…

The NBA Playoffs are in full swing, and fans all over the country are gearing up for an abundance of  Charles Barkley FanDuel advertising. The former Philadelphia 76ers power forward and legendary NBA Hall of Fame player has teamed up with the sports book for their latest promotional campaign called “Think Like a Player.” The ads aim to encourage bettors to try their luck with same-game parlays. The commercials feature two versions of Barkley – the current outspoken NBA analyst at TNT and his younger self, affectionately known as “Young Chuck.” Together, they impart their wisdom on how to approach…

When sports betting in New York was passed with a 51% tax rate, we knew it would lead to problems. Now, both DraftKings and FanDuel New York are saying they could abandon the market if that tax rate isn’t lowered to something more realistic. The CEO of DraftKings, Jason Robins, described the situation as “unsustainable” while speaking at a recent joint legislative hearing. He pointed out that while the tax rate is already the highest in the nation, it’s even worse than it appears since fees and licensing make the state’s effective tax more than 70%. The President of FanDuel,…

This week’s were talking about sports betting news with the Super Bowl just two weeks away. Our gambling news focuses on sports betting advertising and marketing, and the growing concerns that bonuses, free bets, and credit card use will lead to more gambling addiction. Hello friends, and welcome to This Week in Gambling. our last show before I take a week off and head to London for the International Casino Expo! So, this show had better be good! While I’m away, the Super Bowl will play! And FanDuel has seized this opportunity to put their name right in the middle…

A Court of Appeals has ruled that New York fantasy sports are perfectly legal. This coming as the court found sufficient evidence that playing fantasy sports is skill-based and therefore not subject to state gambling laws. The case had been winding its way through the system since 2016 an anti-gambling group asserted that New York fantasy sports were unconstitutional and violated gaming laws. Two lower court decisions agreed with that belief. However, the appeals court arrived at a different conclusion all together. They found that fantasy sports are not based on chance, nor are they betting on sports events. Instead,…