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…

Digital Journal – Although sports gambling is illegal in all but a few jurisdictions (e.g., Nevada, New Jersey), people are now finding ways to make money from fantasy sports. The legality of online gambling is something that seems to always be up for debate (or legislation), especially in the United States. Although online gambling is making some headway in the States, it’s still relatively rare to see it fully enacted. Of course, most European markets have allowed online gambling in one way or another for over a decade. Online casinos based in Europe are commonplace and many of those living…