The country’s two leading online daily fantasy sports companies are paying out big — in fines to the state. FanDuel and DraftKings on Tuesday agreed to pay $6 million each to settle lawsuits from Attorney General Eric Schneiderman alleging they engaged in false and deceptive advertising practices. Schneiderman had charged that the companies misled casual and novice players about their chances of winning and the significant advantages professional players have while failing to disclose the dangers of gambling addiction. The companies also agreed to revamp their marketing, including better disclosure of expected winnings and performance. Because of recent financial struggles,…

Delegates attending next week’s Esports and Casinos Resorts conference in Las Vegas will have the chance to take a tour of the city’s first dedicated esports arena. This opportunity is due to one of the event’s title sponsors being Millennial Esports, the company behind the arena which’ll be a part of the Neonopolis building on Fremont Street in downtown Vegas. The arena is intended to open to the general public in November, with the first event planned to be the Halo Championship Series Open Circuit from November 18-20. There’ll be a 400-500 person arena that will host both live, in-person…

With all of the drama that this past year has seen with Daily Fantasy Sports, TriStar Pictures thought it was a perfect idea to turn the chaotic industry into a motion picture. TriStar Pictures is a subsidiary of Sony and is based out of California. They optioned the rights to an upcoming book released on DFS. TriStar will have first dibs on “The Big Game”, Sports Illustrated writer Albert Chen’s book. The book is expected to hit e-readers and shelves sometime in 2017, and the motion picture would be drama filled that’s for sure! With the DraftKings employee utilizing insider…

Gov. Brian Sandoval on Monday asked who would pay for the necessary upgrades to freeways and streets leading to a 65,000-seat domed football stadium proposed by Las Vegas Sands Corp., Majestic Realty and the Oakland Raiders. With a site recommendation anticipated as soon as Aug. 25 among four potential finalists, Sandoval said that he wants to know how traffic would be impacted by games, concerts and other big-ticket events held at the proposed stadium. “This is serious,” Sandoval said Monday during a meeting held by the Nevada Department of Transportation’s board of directors. “I’m going to need the information in…

The Tennis Integrity Unit (TIU) is to investigate suspicious betting patterns from a match at this year’s Wimbledon tournament. The TIU has not said which match it is assessing, but said the probe is a “routine, confidential investigation”. The TIU is already looking at the US Open first-round match between Vitalia Diatchenko and Timea Bacsinszky. From July to September, the TIU said it received 96 alerts on suspicious betting activity, including two alerts from Wimbledon and the US Open. More on the Tennis Integrity Unit and their probe at iGaming Business

The constitutionality of a new law legalizing and regulating daily fantasy sports in New York is being challenged in court, according to the group Stop Predatory Gambling. According to SPG, a group of New York citizens filed a lawsuit with the New York State Supreme Court on Wednesday. While the state legislature and Gov. Andrew Cuomo enacted a law regarding DFS this summer, the lawsuit contends that a constitutional amendment was needed to do this. Other forms of gambling in the state are authorized by the state constitution, the lawsuit contends, so fantasy sports must be also. The law’s proponents…