Fantasy Aces Archives - Legal Sports Report

Fantasy Sports Bailout Almost Complete: Court Approves FantasyDraft Deal With Bankrupt Fantasy Aces

Daily fantasy sports site FantasyDraft confirmed that a bankruptcy court had approved its plan to bail out players at Fantasy Aces. Read More

Posted on: February 28, 2017 | | Dustin Gouker

New Fantasy Aces Bankruptcy Filing: ‘Player Funds Were Used By Debtor To Pay Operating Expenses’

Bankrupt daily fantasy sports operator Fantasy Aces admitted that it co-mingled player funds and operational funds in its latest court filings. Read More

Posted on: February 22, 2017 | | Dustin Gouker

FantasyDraft To Pay Out Some Of $1.3 Million Owed To Players By Bankrupt Fantasy Aces

Daily fantasy sports site FantasyDraft announced that it would be paying out some of the money owed to the players of the now defunct Fantasy Aces after it filed for bankruptcy. Read More

Posted on: February 13, 2017 | | Dustin Gouker

Fantasy Aces And Wire Fraud: Low-Hanging Fruit For A Federal Prosecutor?

The wire fraud statute could attach in the wake of bankruptcy court revelations involving daily fantasy sports site Fantasy Aces. Read More

Posted on: February 3, 2017 | | admin

Why Fantasy Aces Wasn’t Caught, And How DraftKings, FanDuel And Others Segregate Player Funds

Fantasy Aces was not segregating player funds from operational funds before it closed down. What do DraftKings, FanDuel and others do on this front? Read More

Posted on: February 2, 2017 | | Dustin Gouker

View: Fantasy Aces Executives Lost $1 Million Of Players’ Funds, And Need To Be Held Accountable

Fantasy Aces somehow lost more than $1.3 million in player funds. This is not an acceptable outcome for a daily fantasy sports company. Read More

Posted on: February 1, 2017 | | Stephen A. Murphy

Bankruptcy Declared By Daily Fantasy Sports Operator Fantasy Aces

One of the biggest daily fantasy sports operators this side of DraftKings and FanDuel has declared for bankruptcy. Read More

Posted on: February 1, 2017 | | Dustin Gouker

FantasyDraft Deal To Acquire Fellow Daily Fantasy Sports Operator Falls Through

A deal to consolidate two daily fantasy sports operators has apparently fallen through, with little information provided about why. Read More

Posted on: January 30, 2017 | | Dustin Gouker

Two More Daily Fantasy Sports Sites Join Forces: FantasyDraft To Acquire Fantasy Aces

The pool of daily fantasy sports operators got a little smaller, as FantasyDraft is buying another site, Fantasy Aces. Read More

Posted on: January 26, 2017 | | Dustin Gouker

The Gap To DraftKings, FanDuel Remains Daunting For Smaller Fantasy Sports Sites

The gap between the top two DFS operators -- DraftKings and FanDuel -- and the rest of the industry remains a stark one ahead of a planned merger. Read More

Posted on: December 19, 2016 | | Dustin Gouker

Fantasy Aces

Fantasy Sports Bailout Almost Complete: Court Approves FantasyDraft Deal With Bankrupt Fantasy Aces

New Fantasy Aces Bankruptcy Filing: ‘Player Funds Were Used By Debtor To Pay Operating Expenses’

FantasyDraft To Pay Out Some Of $1.3 Million Owed To Players By Bankrupt Fantasy Aces

Fantasy Aces And Wire Fraud: Low-Hanging Fruit For A Federal Prosecutor?

Why Fantasy Aces Wasn’t Caught, And How DraftKings, FanDuel And Others Segregate Player Funds

View: Fantasy Aces Executives Lost $1 Million Of Players’ Funds, And Need To Be Held Accountable

Bankruptcy Declared By Daily Fantasy Sports Operator Fantasy Aces

FantasyDraft Deal To Acquire Fellow Daily Fantasy Sports Operator Falls Through

Two More Daily Fantasy Sports Sites Join Forces: FantasyDraft To Acquire Fantasy Aces

The Gap To DraftKings, FanDuel Remains Daunting For Smaller Fantasy Sports Sites

Some Ohio Sports Betting Rules Available For Public Comment

New Proposed Timeline For Arizona Sports Betting Lawsuit

New York Hedge Fund Makes $2 Billion Bid To Take Bally’s Private

Books Hold More Arizona Sports Betting Revenue In November

PointsBet Goes Live As Sixth NY Sports Betting Operator