Key Takeaways
- Disney has rescinded its $250 million investment offer, but today it was announced that DraftKings has been named the official daily fantasy sports offering across all of the Disney-owned ESPN platforms.
- The California Assembly Governmental Organization Committee will meet Wednesday afternoon to discuss the possibility of legalizing online poker in the state. At the hearing lawmakers will explore many of the topics that are at the center of debate including the suitability of PokerStars and the eligibility of the horse racing industry.
- Bryan Micon is expected to return to the US to face charges of operating an unlicensed interactive gaming site in the state of Nevada.
DFS
Earlier this year, Disney had committed $250 million to daily fantasy sports operator DraftKings. Now, it is being reported that Disney has changed its mind.
An advertising deal that was part of the commitment has moved forward. Today it was announced that DraftKings has been named the official daily fantasy sports offering across all of the Disney-owned ESPN platforms.
Further innovation in the fantasy sports sector continues. This week Latitude 360 announced that it will open a chain of land-based “fantasy sports books” which offer dining and entertainment options along with the chance to participate in fantasy sports.
