A spinoff of traditonal fantasy sports, DFS (daily fantasy sports) news covers financials, business mergers and legislative actions that affect this growing industry.

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IRS Daily Fantasy Sports

IRS Rules Daily Fantasy Sports Is Gambling, Not Game of Skill

In a memo released last week, the IRS ruled the fees players pay to participate in daily fantasy sports (DFS) are indeed gambling expenses....

Todd Shriber October 20, 2020
PrizePicks jai alai

PrizePicks Hopes to Find Magic in Jai Alai Partnership with Miami Casino

There’s a new way to bet on jai alai, as daily fantasy sports operator PrizePicks has become an official partner of Magic City Jai...

Steve Bittenbender September 27, 2020

DraftKings Signs Sports Betting, Daily Fantasy Partnership Deals with Celtics, Pacers, and Sixers

DraftKings announced earlier this week that it has signed multi-year gaming partnerships with three NBA teams, a move that further strengthens the sports technology...

Steve Bittenbender February 15, 2020