Tag: FanDuel

Online Sports Gambling in Michigan Set to Go Live This Week

Online Sports Gambling in Michigan Set to Go Live This Week

The wait is over for Michiganders as Richard Kalm, executive director of the Michigan Gaming Control Board (MGCB), said he expects the state to flip the switch for online sports betting within the next few days, and as soon as Tuesday night. Kalm noted Tuesday that final preparations in anticipation […]

Churchill Downs Inc.'s TwinSpires ADW app is one of the most popular among horseplayers. The company hopes its popularity will rub off on its newly branded TwinSpires sportsbook wagering platforms. (Image: Churchill Downs Inc.)

CDI Bets You’ll Like Rebranded TwinSpires More Than BetAmerica

Seeking a single-brand strategy for its sports wagering and online platforms, Churchill Downs Inc. announced Tuesday it will discontinue using its BetAmerica brand. Instead, it moves that segment of its business to its familiar TwinSpires brand. According to a release announcing the move, the transition begins later this month, when […]

Four Online Sports Gambling Startups to Watch in 2021

Four Online Sports Gambling Startups to Watch in 2021

The online gambling world took away a lot of lessons last year. Big mergers happened in 2020 and will continue to happen this year as corporations keep pushing for monolithic hegemony. In the US, states will continue to regulate and open for business to become the next New Jersey, Pennsylvania, […]

Charles Barkley has signed an agreement to become an official ambassador and spokesperson for FanDuel. (Image: Getty)

Betting on Barkley: FanDuel Announces Multiyear Partnership with Sir Charles

Fans know Charles Barkley as an NBA legend, not to mention an outstanding analyst and personality on the “NBA on TNT” broadcasts. It is also well known that Barkley enjoys high-stakes gambling, perhaps even a bit more than he should. Considering both of those personas, FanDuel decided it found the […]

FanDuel and DraftKings have teamed up to battle a bad actor clause in a proposed Illinois sports betting bill. (Image: Sporting News)

Live Scoring Issues Tarnish Weekend’s DFS Football Games

The weekend of football proved hair-pullingly frustrating for DFS users who couldn’t follow live scoring for their contests, and who are still waiting for payouts on Monday – up to two days after some contests ended. Neither DraftKings nor FanDuel offered live scoring for college football contests on Saturday. DraftKings […]

DraftKings CEO Jason Robins is eagerly awaiting Governor Andrew Cuomo's signature on a bill that would free New York daily fantasy sports from injunction. (Image: Barry Chin/Boston Globe)

Legal Experts Believe DFS Operators Can Delay IRS Excise Tax

The IRS said it intends to impose an excise tax on DFS contest entries, but legal experts believe the industry can delay the implementation due to ambiguities in the law. Confusion About Whether DFS Contests are Wagers An IRS memo said that DFS companies must pay a 0.25 federal excise […]

Much to the delight of DraftKings and FanDuel, legislation to end daily fantasy sports prohibition is moving forward in Missouri, Iowa, and Tennessee. (Image: fox32chicago.com)

Some Say New DFS Tax Could Hurt Industry

A decision by the IRS to require daily fantasy sports operators to pay a federal excise tax on DFS contests is spurring debate over the future of the industry. DFS Subject to Same Excise Tax as Sports Bets An IRS memo says the DFS industry will face the same 0.25 […]

FanDuel and DraftKings received temporary operating licenses in Illinois for online sports books apps and hope to begin offering wagers soon. (Image: FanDuel website)

DraftKings and FanDuel to Offer Illinois Sports Betting Soon

DraftKings and FanDuel may be able to offer bets in Illinois as early as this weekend when Major League Baseball returns to play, with William Hill waiting in the wings. 5 Online Sportsbook Operators in Illinois with William Hill Coming Soon Sleuths discovered that DraftKings and FanDuel, the two biggest […]