The business of fantasy sports gaming, tech, and content
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...
Gridiron Fantasy Sports hit with lawsuit; target of Missouri Attorney General
Gridiron Fantasy Sports, appears to have collapsed — owing hundreds of thousands of dollars to past winners, according to one lawsuit, threats of others and months of complaints posted online.
In a suit filed Nov. 4 in federal court in St. Louis, Cary Katz, who lives in Nevada, demands payment of $...
Is SOPA legislation a threat to fantasy sports content providers?
Congress is currently considering legislation that could seriously harm sports fans and their favorite sports websites. If sports fans don't speak up, some sports blogs could be shut down in the future for violating copyright or if users post links to sites that stream games online. Worse, those...
AccuScore launches an iOS product
AccuScore, a leading sports forecasting company, has launched a free AccuScore App for iPhone, iPad and iPod Touch. AccuScore is used by many top sports media companies including ESPN, CBS Sports, Yahoo! Sports, Sporting News and The Wall Street Journal. The AccuScore App brings all of their...
Sports Business Exchange publishes article about fantasy sports and television trends
The Sports Business Exchange has published an article written by the Journal of Sport Administration and Supervision about a study done concerning the connection between fantasy sports and sports television consumption.
The first paragraph reads:
"The purpose of this study is to examine whether...