INDUSTRY FORUM

Comments

  • y2mulder

    Tweet: ‏@howardstutz 3 minutes ago

    BREAKING: Nevada Gaming Control Board bans daily fantasy sports websites from Nevada. Says it’s gambling Story coming @reviewjournal #RJnow

    Letter: http://gaming.nv.gov/modules/showdocument.aspx?documentid=10481

  • Njcop2001

    @prpmgroup said...

    How much higher then Fanduel’s insane 16% blended rake from last weekend?

    They may actually regulate lower rakes. Ever think about that ? The fact that neither FD or DK lower their rake to attract more costumers to their site shows that they are in cahoots. I’ve never seen two supposedly independent companies act in concert the way these two companies do.

  • Pennywize69

    Is anyone else having an issue with Draftpot? I’m on iOS and it won’t load through the app

  • dfsnba1990

    @PigskinaBlanket said...

    Last time you walked int the DMV – did you think….WOW, this is extremely well run. Government involvement is rarely ever a positive in terms of user experience

    last time you have gone into the NYSE (New York Stock Exchange) and say this place sucks it could go so much better? prolly never been to NASA either

  • Unico10

    • 681

      RG Overall Ranking

    @Njcop2001 said...

    They may actually regulate lower rakes. Ever think about that ? The fact that neither FD or DK lower their rake to attract more costumers to their site shows that they are in cahoots. I’ve never seen two supposedly independent companies act in concert the way these two companies do.

    Uh???

    Gas companies (Shell, Mobil, Etc…)
    Shipping companies (Ups, FedEx)
    Brokerage companies
    Insurance companies
    Utilities

    Most markets are dominated by a few large players that are supposed to be competing but raise prices in concert whenever they please

  • skywalker

    Didn’t Dean just move to Vegas…?

  • dfsnba1990

    Or maybe never been to a dispensary or grow facility or any factory in the USA for that matter… all regulated.

  • Steroid

    @dfsnba1990 said...

    None of those would change at all. The taxes (doubt you’ll have to worry) are still capital gains and that’s not going to change. https://rotogrinders.com/lessons/taxes-in-daily-fantasy-sports-219602 this might help you. The only taxes that could change is what FD and DK get charged for the license.

    Yes, that’s what I mean, making it not a worthwhile business to run. Thanks for clarifying

  • dfsnba1990

    yea i was think that

  • AQUAFTM45

    FD/DK commercials awol from Thursday Night Football? (Thank god) In the LV market anyway. Anyone else see any?

  • Njcop2001

    @Unico10 said...

    Uh???

    Gas companies (Shell, Mobil, Etc…)
    Shipping companies (Ups, FedEx)
    Brokerage companies
    Insurance companies
    Utilities

    Most markets are dominated by a few large players that are supposed to be competing but raise prices in concert whenever they please

    Have you ever seen two of those companies put out a joint statement together ? Each company should have its own set of lawyers addressing their own situations. Putting out that joint statement last week shows they are in very close contact with each other. Also, the fact that FD was so quick to have the amount won by DK employees on their site didn’t seem odd to anyone ??? Open you eyes people.

  • Steroid

    @dfsnba1990 said...

    last time you have gone into the NYSE (New York Stock Exchange) and say this place sucks it could go so much better? prolly never been to NASA either

    That’s because wall street lobbyists and wall street buddies sit in places of power. Nasa is interesting, if Elon Musk was given half the money Nasa has been given, IDK.

    PS – the SEC does a pretty shotty job in many people opinions. They’d be the logical branch to regulate DFS. DFS is NOT Securities. IN OTHER WORDS, there would have to be a NEW regulatory branch created to monitor DFS? It ain’t happening folks. Federal regulation ain’t the solution from a practical standpoint, because who would be in charge of it?

    Department of Daily Fantasy Security?

  • prpmgroup

    Reading the notice issued by the Nevada Gaming Control Board…Existing Licensees that have approval to operate a sports pool CAN offer DFS to Nevada residents. So the Casinos with Sports Books can offer DFS!! Also warns them not to enter into an association with non licensed companies (FD/DK)

    FD/DK can survive this though.

    If Nevada made it impossible to obtain a License then it would be pure Antitrust.

    Restraint of Trade..Check! Monopoly..Check! Lessen Competition…Checkmate!

  • eleven11

    @dfsnba1990 said...

    regulation is a good thing it makes it legal

    You have no clue how things work, kid. Don’t spew your misinterpretations please.

  • Vigilantes

    This will be a solvency check for the DFS operators if other states follow suit or if a significant number of people withdraw outside of NV. Let’s see if all these sites do indeed have the player balances separated.

    What kind of odds can I get that at least one DFS site doesn’t have all the moneys?

  • Njcop2001

    @AQUAFTM45 said...

    FD/DK commercials awol from Thursday Night Football? (Thank god) In the LV market anyway. Anyone else see any?

    Plenty of FD commercials here in NJ during the game.

  • Edavis12677

    Can we just drive to a state where it’s legal to play?

  • dfsnba1990

    @Steroid said...

    That’s because wall street lobbyists and wall street buddies sit in places of power. Nasa is interesting, if Elon Musk was given half the money Nasa has been given, IDK.

    PS – the SEC does a pretty shotty job in many people opinions. They’d be the logical branch to regulate DFS. DFS is NOT Securities. IN OTHER WORDS, there would have to be a NEW regulatory branch created to monitor DFS? It ain’t happening folks. Federal regulation ain’t the solution from a practical standpoint, because who would be in charge of it?

    Department of Daily Fantasy Security?

    Its called the department of revenue. but you poise a good point the SEC wouldn’t be involved unless it was publicly traded. I would assume state regulators since thats who does casinos they are use to this.

  • prpmgroup

    @skywalker said...

    Didn’t Dean just move to Vegas…?

    Holy Guacomole! Yes Dean moved to Vegas!

    Must be packing up tonight like the Beverly Hillbillies.

    Dean78904 going to change to Dean90210

  • tonytone1908

    But these casinos had no problems taking money to host the live finals multiple times right?

  • deactivated17417

    I feel really bad for the folks who now make a living directly or indirectly through DFS. This is getting a little spooky and it’s gotta be a shitty feeling. I hope the major sports leagues help the industry vs the powers that be.

  • iSplashRollz

    https://twitter.com/DavidPurdum/status/654844678852988928

  • AQUAFTM45

    @Edavis12677 said...

    Can we just drive to a state where it’s legal to play?

    Yes. You are controlled by the location of your IP address,

  • Redskins4

    @iSplashRollz said...

    https://twitter.com/DavidPurdum/status/654844678852988928

    FanDuel pulling out

  • kingofqueens

    • x3

      2016 DraftKings FFWC Finalist

    • 2019 DraftKings FFWC Finalist

    @tonytone1908 said...

    But these casinos had no problems taking money to host the live finals multiple times right?

    Can the 2015 FanDuel and DraftKings live football finals still be held in Las Vegas this December?

  • Edavis12677

    Thanks for the reply. I will gladly drive.

  • X Unread Thread
  • X Thread with New Replies*
  • *Jumps to your first unread reply

Subforum Index

RotoGrinders.com is the home of the daily fantasy sports community. Our content, rankings, member blogs, promotions and forum discussion all cater to the players that like to create a new fantasy team every day of the week.

If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL). Gambling problem? Call 1-800-GAMBLER (NJ/WV/PA/MI), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO), 1-800-BETS OFF (IA), 1-888-532-3500 (VA) or call/text TN REDLINE 1-800-889-9789 (TN).