Legal Daily Fantasy Sports Developments

How Is A Potential FanDuel IPO Affected By Fox Suing Flutter?

Fox has filed suit against Flutter over the value of a 2021 option that allows Fox to buy an 18.6% stake in FanDuel. The suit was filed this week and will be heard as an arbitration before JAMS in New York rather than court. CNBC first reported the suit, which the companies since confirmed. What’s the […] Read More

Posted on: April 6, 2021 | | Brad Allen

No Decision Yet After Action 24/7 Argues Case To Overturn TN License Suspension

Action 24/7 claimed Wednesday is court that its business is being destroyed by the indefinite suspension of its Tennessee sports betting license. The company publicly defended itself for the first time since the suspension in the Davidson County (TN) Chancery Court. Action 24/7 wants a temporary injunction to get its sportsbook back up in time […] Read More

Posted on: March 25, 2021 | | Matthew Waters

Genius Sports Files Countersuit Against Sportradar In Soccer Data Row

Genius Sports filed suit on Friday, seeking an injunction to stop Sportradar sending data scouts to English Football League games. Read More

Posted on: February 8, 2021 | | Brad Allen

Trump Pardons Casey Urlacher For Part In Illegal Sports Betting Ring

Casey Urlacher could have faced up to five years in prison for his part in offshore betting site Uncle Mick Sports. Read More

Posted on: January 20, 2021 | | Brad Allen

Unikrn Continues Despite SEC Settlement For ‘Substantially All Its Assets’

The esports betting operator said the $6 million settlement gave it clearance to "focus on building our industry-leading business". Read More

Posted on: September 17, 2020 | | Brad Allen

IRS: Daily Fantasy Sports Companies Are Subject To Federal Sports Betting Tax

New guidance from the Internal Revenue Service says that the federal excise tax on sports betting also applies to daily fantasy sports. The excise tax, sports betting and DFS The excise tax is applied as a tax of .25% of all sports wagers; as applied to DFS this would be each entry fee for a […] Read More

Posted on: August 13, 2020 | | Dustin Gouker

Flimsy Rhode Island Sports Betting Challenge Thrown Out But Appeal Is Coming

Rhode Island Superior Court ruled sports betting in the state is constitutional and denied an injunction to stop it. Read More

Posted on: June 2, 2020 | | Matthew Waters

FanDuel Founders, Former Employees Sue In NY Court For Getting $0 In Sale

FanDuel co-founder Nigel Eccles says private equity investors collued to cheat FanDuel employees and give themselves a "massive payday." Read More

Posted on: February 25, 2020 | | Brad Allen

Strike Two For New York Daily Fantasy Sports: Court Rules 2016 Law Is Unconstitutional

The future of regulated daily fantasy sports is very much in jeopardy in New York. The NY Supreme Court on Thursday upheld a decision from Acting Justice Gerald W. Connolly, who previously ruled DFS is unconstitutional in the state. In his 2018 decision, Connolly held that the state unlawfully expanded gambling in 2016 by classifying […] Read More

Posted on: February 6, 2020 | | Eric Ramsey

What Is SBTech Trying To Hide About Its Oregon Sports Betting Contract?

Citing trade secrets, SBTech is taking multiple parties to court to prevent the public from seeing its sports betting contract with the Oregon Lottery. Read More

Posted on: January 22, 2020 | | Eric Ramsey