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DFS

Log Rolling And Tug of War: How A New IRS Memo Looks At DFS 

The Internal Revenue Service (IRS) has issued another memo at the intersection of daily fantasy sports and the federal tax code.   Dated September 14, 2020 but not publicly released until October 16, the IRS’s recent four-page memo concludes that “[t]he amount paid by a daily fantasy sports player to participate in a daily fantasy sports […] Read More
Posted on: November 9, 2020 | Daily Fantasy Sports Opinion Regulation | Ryan Rodenberg
Stats Perform

Stats Perform Still Suffering More Than Two Weeks After Cyber Attack

Stats Perform is still not fully functional more than two weeks after it first went down, industry sources tell Legal Sports Report. The stats provider was hit by a cyber attack on October 10 , causing problems at multiple DFS firms including FanDuel and DraftKings. While those companies switched data providers to minimize the impact […] Read More
Posted on: October 27, 2020 | Daily Fantasy Sports Sports Betting | Brad Allen
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