The future of daily fantasy sports (DFS) has been secured in Massachusetts after regulations were signed into law by the US state’s governor. The new rules include a minimum age of 21 for participants, bar games based on college or amateur sports and prohibit individual players from spending more than $1,000 each month without proof they could withstand deep financial losses. The regulations, which were put forward by Attorney General Maura Healey earlier this year, also require DFS operators to offer ‘beginner’ contests that highly experienced players would be prevented from entering. After signing a bill including the DFS provisions,…

Congressional action appears necessary if sports betting is to be legalized in Atlantic City casinos and elsewhere across the U.S. That’s the conclusion of American Gaming Association President Geoff Freeman following this week’s rejection of New Jersey’s effort to get  a court-ordered change in the 1992 act of Congress that banned most forms of sports betting. The 3rd U.S. Circuit Court of Appeals ruling invalidated a 2014  New Jersey law that would have allowed sports betting at casinos and racetracks. The court found New Jersey’s action repealing prohibitions against sports gambling violated the 1992 Professional and Amateur Sports Protection Act (PASPA)…..

New Jersey will not be able to offer sports betting after its appeal against a previous ruling failed. The United States Court of Appeals decided by a majority of 10-2 that a law passed by New Jersey in 2014 that would have allowed sports betting at its casinos and racetracks did not comply with the federal Professional and Amateur Sports Protection Act (PASPA) which prohibits states from authorising, sponsoring, operating or licensing sports betting. The sports betting bill was first approved by New Jersey voters in 2011, with the country’s four major professional sports leagues beginning legal action against the…

The last time Americans could walk into a Las Vegas sports book during the Olympics and make a bet on their country, Michael Johnson was still winning medals, Vince Carter was making a towering Frenchman famous, and Michael Phelps was debuting in the Games as a 15-year-old also-ran on the U.S Olympic swim team. This year, all that changes. For the first time since the 2000 Sydney Games, Las Vegas sports books are accepting bets on the Olympics this summer, providing casinos a financial boost in the dog days of August, keeping bettors glued to the TV as Carmelo, KD,…

Say goodbye to the FanDuel logo with the script font that helped usher in the rise of daily fantasy sports. FanDuel announced a rebrand on Monday morning, going with a new look and color scheme ahead of the fantasy football season. It also introduced a “players bill of rights,” a set of measures that generally align with regulations that are being rolled out in jurisdictions across the US. “The past year has been tumultuous for this industry but FanDuel has emerged stronger than ever and we are ready to lead the industry forward,” said FanDuel CEO Nigel Eccles in a…

New York Gov. Andrew Cuomo signed legislation Wednesday formally legalizing daily fantasy sports in the Empire State and handing the embattled industry its biggest victory to date. Fantasy operators that were active in New York before Nov. 10, 2015 must receive a temporary permit from the New York Gaming Commission before reopening for business. The process isn’t expected to take long, and FanDuel and DraftKings, the two leading daily fantasy operators, expect to be up and running in New York before the NFL season kicks off in early September, if not sooner. “Daily fantasy sports have proven to be popular…