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Daily fantasy sports site FantasyDraft confirmed that a bankruptcy court had approved its plan to bail out players at Fantasy Aces.
Bankrupt daily fantasy sports operator Fantasy Aces admitted that it co-mingled player funds and operational funds in its latest court filings.
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...
The wire fraud statute could attach in the wake of bankruptcy court revelations involving daily fantasy sports site Fantasy Aces.
Fantasy Aces was not segregating player funds from operational funds before it closed down. What do DraftKings, FanDuel and others do on this front?
Fantasy Aces somehow lost more than $1.3 million in player funds. This is not an acceptable outcome for a daily fantasy sports company.
One of the biggest daily fantasy sports operators this side of DraftKings and FanDuel has declared for bankruptcy.
A deal to consolidate two daily fantasy sports operators has apparently fallen through, with little information provided about why.
The pool of daily fantasy sports operators got a little smaller, as FantasyDraft is buying another site, Fantasy Aces.
The gap between the top two DFS operators -- DraftKings and FanDuel -- and the rest of the industry remains a stark one ahead of...