DraftKings has struck a deal that will see it acquired by a special purpose acquisition company alongside betting and gaming technology provider SBTech, with the combined entity to be listed on the Nasdaq Stock Exchange.
FanDuel has announced that it is to withdraw its services from Texas in response to a recent ruling by the US state’s Attorney General, while the company and rival daily fantasy sports (DFS) operator DraftKings will meet with officials in Nevada today (Monday) to discuss their future in the state.
Daily fantasy sports (DFS) operator DraftKings has brought in regulatory risk and compliance company Exiger and launched a new geolocation solution from GeoComply in an effort to regain public support following recent criticism of its services.
The PGA Tour, an organising body for professional golf events primarily in North America, has opted to prohibit its players from taking part in daily fantasy sports (DFS) contests or endorsing providers of such services.
Michael Sweeney, the new executive director of the Massachusetts Lottery, has confirmed that the organisation will consider legalising fantasy sports betting in the US state in an effort to generate additional revenue.