Yahoo has unveiled a retooled version of its fantasy sports mobile app that lets users wager real money daily and weekly against their friends and in bigger online tournaments. It seems that the company is looking to supplement its stagnant advertising business with a new foray into legal online gambling. To generate income from the venture, Yahoo will keep about 10% of the entry fees paid by the players, this according to Ken Fuchs, Vice President of publisher products at Yahoo. The company said that said playing its Daily Fantasy Sports game is legal in 45 states, with just Iowa,…

iGaming Business – Multinational internet corporation Yahoo has announced the launch of the Yahoo Games Network, a new social gaming network. The firm said on its website that Yahoo Games Network would serve as a platform for third-party game developers that want distribution of the Yahoo network, as well as “easy onboarding services that help them authentic players, monetise their games, provide social sharing, analytics and ongoing operational support for growth”. The new network will feature classic Yahoo games such as Yahoo Poker, Yahoo Pool and Yahoo Bingo, in addition to other titles such as Bingo Blingo and Slotomania. In…