DraftKings

Anyone who has watched the NFL this year has undoubtedly been inundated with advertisements for FanDuel and DraftKings, the biggest players in the now-booming world of daily fantasy sports. Fantasy sports have been around for a while, with sites like Yahoo and ESPN among the most popular. The...

Despite the recent scandal, leading daily fantasy sports sites reported a season-best NFL weekend this weekend. The negative coverage surrounding the scandal may actually have served as a positive for the business by raising public awareness. The biggest threats to the DFS business many...

The scandal involving FanDuel and DraftKings employees with access to company data playing for money on rival sites has prompted a joint statement by the two companies. For now, the companies are banning employees from playing on rival sites. The scandal could soon lead to increased...

Fantasy sports has become a billion-dollar industry as players create fictional teams using their favorite players. Every sport from golf to football has a fantasy league in which players spend money to join tournaments and compete against fellow enthusiasts. As fantasy gaming picks up speed,...

With the NFL season kicking off this month and the MLB season winding down, September is a big month for fantasy sports. But while fantasy sports is all fun and games, Morgan Stanley analyst Brian Nowak believes Yahoo! Inc. (NASDAQ: YHOO)’s entry into the daily fantasy sports market could...

Fantasy sports groups may seem like a little more than a silly pastime for fraternity brothers, but the reality is that the growing popularity of sites that facilitate such games has become a booming business. The fantasy sporting arena offers companies a new way to advertise, as well as creating a...

Walt Disney Co (NYSE: DIS) announced on Wednesday that it is increasing its dividend by 15 percent on an annualized basis and will start paying them twice a year. Anthony DiClemente, Nomura senior analyst, was on CNBC Thursday to weigh in on this. Committed To Returning Capital "Disney has...

With names like Star Wars, Marvel and Pixar under its belt, fantasy is right up Disney's alley. The Wall Street Journal reported Friday that Walt Disney Co (NYSE: DIS) will invest $250 million in the fantasy sports business DraftKings. This would value the company at about $900 million,...

World Wrestling Entertainment, Inc. (NYSE: WWE) on Wednesday announced it entered into a new partnership with DraftKings Inc., a leading destination for daily fantasy sports. Fans will compete in the "Ultimate SummerSlam Experience" through select professional basketball contests in...