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“This Week In Daily” is ODFReport’s weekly wrap of key facts, happenings and miscellany from the daily fantasy sports industry.
There have been a couple of interesting developments in new niche markets in the DFS industry recently:
It will be interesting to see how these products will mesh with and grow in the industry, and to see what other ancillary markets might develop related to DFS.
Fantasy sports was one of the hot topics of the annual conference held at MIT devoted to advanced statistics and their application to sports. Topics that came up included:
Read more here on the various ways DFS came up at the two-day conference.
All has been quiet on the team sponsorship front for about a month, after a flurry of deals struck by DraftKings with a number of teams, mostly in the NBA. Then came news that FanDuel and the Indiana Pacers were working on a deal.
This story from the Indy Star actually goes a little deeper than the usual story about DFS sites and teams striking partnerships. Also, we learned that the Pacers are also looking at DraftKings and DailyMVP for a deal.
The Pacers apparently aren’t in a rush to get a deal done, but it will be interesting to see if pitting FD and DK against each other makes a final contract more lucractive for the Pacers, and for other franchises moving forward.
If you’re wondering about the current legal landscape for DFS for different states in the United States, this is a pretty good summary of where we stand.
We all know that DFS sites don’t take players from Arizona, Louisiana, Iowa, Montana, and Washington, but this story also runs down some of the gray states, like Kansas. You can also check out our permitted states table if you are unsure of the climate in any jurisdiction.
DraftKings CEO Jason Robins talks with CNBC about the popularity and legality of daily fantasy sports:
— Sloan Sports Conf. (@SloanSportsConf) February 28, 2015
–The Sloan Analytics Conference‘s official Twitter account, bringing up former MIT blackjack team member Jeff Ma‘s comments about fantasy sports.
“Our difficulty is that our fantasy products need to evolve in a way that they don’t require quite the 162-game, 183-day commitment that the traditional fantasy crowd might not. I think we need to develop games that require a less constant commitment. We know guys who play fantasy who are so into it they don’t have time for their real jobs. It’s a big time commitment and I think it’s important to have games that have a little less of a commitment.
—New Major League Baseball Commissioner Rob Manfred, talking about fantasy sports at the Sloan Analytics Conference.
The largest guaranteed prize pool for DraftKings’ next mixed martial arts contest on March 14 for UFC 185 — its second since a partnership was announced with the UFC.