NYTimes: Daily games putting a target on the Fantasy Sports Industry

The New York Times is finally tackling the 800 lb gorilla that's been sitting in the corner of the Fantasy Sports industry's room: Daily Games are making it harder to figure out what is considered fantasy or gambling. From the Times: "Government crackdowns have discouraged many potential gamblers...

GIGAOM: Nevada Gambling Law May Not Change Zynga Fortune

Nevada became the first state in the country this week to allow online gambling with a new law that gives the green light to poker and other games. The law is intended to keep Nevada out in front of rival New Jersey but will not do much for social game makers like Zynga that are counting on...

NYTimes Bits: Online Gambling Heats Up

Internet companies that make online games are watching all this with considerable interest. “Is 2013 going to be a game-changer?” asked Paul Thelen of Big Fish Studios, which began offering a gambling app in Britain last fall. “No. But in 2014, it starts getting interesting.”

NY Times Gabs About Online Gambling

The NY Times decided to tackle the pending online gambling boom with fervor. No doubt, this subject will be the next battle between capitalism and the legislatures. "Silicon Valley is betting that online gambling is its next billion-dollar business, with developers across the industry turning...

TechCrunch: numberFire secures $750,000 in funding

Last night, numberFire officially closed its first round of funding, nabbing a $750,000 seed investment, led by RRE Ventures, with contributions from private investment firm, Penny Black, and TechStars Managing Director David Tisch, among others. Numberfire has created custom, proprietary...

Powerhouse launches a fantasy football simulation game

Straight from PowerHouse: PowerHouse is taking the wildly popular concept of fantasy football – a multi-billion dollar industry – and evolving it into a highly-realistic simulation of being the General Manager of a real NFL team, in real time, 52 weeks a year. Sign free agents in March Scout...

ESPN and Outside the Lines to air segment around WCOFF issues

On Sunday December 18, 2011 at 10am EST, ESPN2 and Outside the Lines tentatively will be airing a special 30 minute episode on the saga surrounding the WCOFF. Outside the Lines traveled to the homes of several of the individuals surrounding the current WCOFF payment default and bankruptcy. The two...

State of Missouri goes after Gridiron Fantasy Sports

Missouri Attorney General Chris Koster sued Dustin Ashby and his company, Gridiron Fantasy Sports in Alpharetta, Ga., for allegedly defrauding Missouri consumers by failing to pay out the cash and other prizes they had promised to the winning fantasy league owners. Koster said he discovered that...

Infographic: Are Fantasy Sports Players Paying Their Taxes?

Fantasy sports players are constantly monitoring their team rosters and checking their winners, but are they monitoring the impact of gambling winnings on their taxes? Our guide below talks about the state of fantasy sports and tax rules to follow when playing. Check out the infographic at the...

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