Daily Fantasy Sports

Sports betting and online gambling are now legal in Michigan. Gov. Gretchen Whitmer on Friday signed legislation allowing the state's largest-ever expansion of gambling, making Michigan the 20th state to allow betting on sports, while also legalizing online casino betting and internet...

Yahoo! Inc. (NASDAQ: YHOO) is said to have informed users of its daily fantasy sports (DFS) platform that they can no longer make deposits using their credit cards. But, Yahoo said it would continue to accept DFS deposits using the Paypal Holdings Inc (NASDAQ: PYPL), according to a report on...

The state of Nevada has ruled that daily fantasy sports is gambling and is therefore illegal to operate in the state without a license. The ruling is the first major post-scandal regulatory blow for FanDuel and DraftKings. With several investigations ongoing, the full extent of the regulatory...