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Tag: Fantasy Sports

DraftKings AP

Fantasy Sports Sites File Suit After Protest at NY AG’s Office

With attorneys general across the country turning their attention to online fantasy sports sites, many are being shut down as states figure out what regulations to impose on the industry. But two of the nation’s biggest sites are proactively filing a lawsuit in New York to prevent the state from shutting them down.

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DraftKings Internal Investigation Claims Employee Did Not Use ‘Insider Information’

With accusations of “insider trading” still hanging over the fantasy sports betting industry, one of the two websites at the center of the scandal, DraftKings, has released the results of an internal investigation. The website now claims that one of the employees accused of insider trading did not use internal data to win over $350,000 on rival site, FanDuel.