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Fantasy Sports Lawsuit, FanDuel

Daily Fantasy Sports Law News: Class Action Lawsuit Filed Against FanDuel

Blog, Sweepstakes & Gaming Law /

In a substantial development in the world of daily fantasy sports law, a behemoth in the industry, FanDuel, has been named in a multi-state class action lawsuit involving its online sportsbook platform.  The lawsuit alleges various state consumer protection law violations which, the plaintiff claims, resulted in sports bettors being induced into risky wagers that […]

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FanDuel, DraftKings Settle Fantasy Sports Lawsuit with New York AG

Leave a Comment / Blog, Journal, Online Gambling Law, Online Marketing & Advertising Law /

October 27, 2016 This week, the office of the New York Attorney General (the “AG”) announced that it had reached a settlement with both FanDuel and DraftKings, resolving the State’s deceptive marketing practices lawsuit.   We had previously blogged about how New York lawmakers mooted the portion of the AG’s lawsuit concerning charges of illegal gambling

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Boston Globe Interviews KMT’s David Klein Regarding Reported DraftKings-FanDuel Merger Talks

Blog, Online Gambling Law, Publications /

June 13, 2016 DraftKings Inc., among Boston’s most vaunted and valuable tech startups, is reportedly in talks with rival FanDuel Inc. about a merger that would create a single dominant player in the multibillion-dollar daily fantasy sports business. The pressure to combine comes primarily from the investors behind DraftKings and FanDuel, who argue the two

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Disney Rumored To Give Unicorn Valuation to Fantasy Sports Venture

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March 19, 2015 Reports have surfaced this week that DraftKings is in talks with the Walt Disney Co. (“Disney”) about an investment opportunity that would reportedly value DraftKings at $1 billion.  DraftKings is currently locked in a costly battle with industry leader FanDuel for new customer acquisition, and it is anticipated that any funds raised

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Online Fantasy Sports Providers Do Battle

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We have previously focused on several legal aspects of online fantasy sports, ranging from fantasy sports insurance to the legality of daily fantasy sports tournaments.  We have also written extensively on the efforts of several states to legalize fantasy sports within their borders and how to avoid regulatory penalties associated with fantasy sports.  A new

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