Weekly Roundup 8-7-17 to 8-11-17
DraftKings Introduces ‘Pick’em’ Format
After DraftKings and FanDuel’s merger fell through the companies are now once again rivals fighting for market share. Dustin Gouker at Legal Sports Report reports on a new format that DraftKings has introduced that focuses on choosing tiers of players, rather than building a roster under the salary cap – the traditional way of playing daily fantasy sports.
They expect to introduce pick’em contests for a variety of sports, with the NFL being the first sport to offer the new format. The pick’em format isn’t new to daily fantasy but is to the two largest players in DFS, DraftKings, and FanDuel. DraftStreet.com, a DFS site that was bought out by DK, introduced it years earlier. Boom Fantasy is a DFS site that currently operates exclusively with pick’em style games and no salary caps.
NIGA Clarifies Position on Sports Betting
We reported last week on the National Indian Gaming Association (NIGA) joined a coalition to legalize sports betting. However, World Casino Directory reports that the position of the tribes as of now is that they have not taken a position on the legalization of sports betting.
“Various media organizations mischaracterized NIGA’s position in the coalition as supporting the legalization of sports betting,” they said in a statement. “I want to clarify that the NIGA board has not taken a position on the issue of sports betting legalization. We realize that legalizing any new form of gaming, at any level of government, impacts our tribal gaming industry’s economic interests.”
NIGA’s statement represents the issues with regulated sports betting and other forms of gambling in the United States. Many parties need to be satisfied for regulated sports betting, and there are different climates in each state.