DraftKings and FanDuel Agree with NCAA to Suspend Amateur and College Sports Contests



No more March Madness: DraftKings and FanDuel have agreed to suspend the offering of DFS contests on NCAA games.

Whilst the 2016 Men’s NCAA nationwide Championship ended in spellbinding drama last night and Kris Jenkins’ sizzling, match-winning shot in the last micro-second for the blew our tiny little minds, this is most likely the last year ever that fans should be able to ramp up the enjoyment of March Madness through DFS contests.

Both DraftKings and FanDuel have voluntarily agreed this week to close the drafts on college-level and amateur sports. This follows just what a FanDuel spokesperson referred to as ‘months of productive conversations’ with the NCAA, along with state legislators, during which both organizations heard their concerns about the impact of fantasy activities on college-level and athletics that are amateur.

Both Indiana and Virginia, which this season became the first states to regulate DFS in the US, included provisions in their legislation that the contests should not be based on college tournaments.

‘It is obvious that this is an issue that issues to a variety of constituencies and we feel that the path that is best forward is to suspend offering these contests pending quality on the problem within state legislatures,’ said FanDuel.

‘We supported all of these efforts, and going forward we shall earnestly support bills containing the provisions that are same. 続きを読む DraftKings and FanDuel Agree with NCAA to Suspend Amateur and College Sports Contests

Casino News: Group Purchases Resorts World Catskills, Jerry Jones Gets Endorsement

Casino News: Group Purchases Resorts World Catskills, Jerry Jones Gets Endorsement

This week’s casino news follows up on a tale from last week where in actuality the Resorts World Catskills was bankruptcy that is nearing. Fast forward to this week and so they’ve found a remedy to their financial woes.

Genting Group Purchases Upstate Brand New York Casino

The other day, it had been stated that the Resorts World Catskills was on the brink of bankruptcy. This week, they have found a buyer to help them move out of economic trouble.

The Genting Group has bought the Resorts World Catskills from Empire Resorts. The announcement comes not as much as two months after the casino’s parent company considered filing for Chapter 11 bankruptcy. Empire Resorts announced the purchase with all associated with staying shares of its $1.2 billion Las Vegas-style casino in real-money-casino.club Monticello set to transfer up to the Genting Group in the deal.

The Genting Group was currently the investor that is largest in this particular casino, owning 86-percent of the stocks before they completed their many recent deal. According to reports, the Genting Group purchased the remaining shares at about 15-percent significantly more than their current market value. Following its purchase that is latest, Genting Group now has a total of 40 casinos in its portfolio. The expectation is the sale is usually to be completed at some point ahead of the end associated with the calendar year.

Las Vegas Sands Corp Facing $12 Billion 続きを読む Casino News: Group Purchases Resorts World Catskills, Jerry Jones Gets Endorsement