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Texas Bowl Game Execs Deliberate Ramifications State Bathroom Bill Could Have

Published in SportsBusiness Daily on 07 / 20 / 17

Cotton Bowl President & CEO Rick Baker is "watching with great interest the deliberations" in the Texas Legislature over the state's pending bathroom bill , but his anxiety "doesn’t raise to the level of concern that his bowl game could be stripped of its spot" in the CFP rotation, a...

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Top DFS Companies Oppose N.J. Regulations

The nation’s biggest daily fantasy sports operators are "opposing New Jersey’s effort to regulate them because a proposed measure does not explicitly say they offer games of skill instead of gambling," according to Wayne Parry of the AP. A rep for DraftKings, FanDuel and the Fantasy Sp ...

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Pete Rose Denies Endorsing Trump For President

An attorney for former MLBer Pete Rose last night said that his client "did not endorse Donald Trump ," nor did he "autograph a baseball for the GOP presidential front-runner," according to Williams & Pilcher of the CINCINNATI ENQUIRER. Raymond Genco said that the baseball in the photo that Tru ...

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Granderson Speaks Out On Athletes' Voice

Mets RF Curtis Granderson is not "publicly backing" any presidential candidate, but he "doesn't understand why there is a belief that people involved in sports shouldn't be allowed to speak out about" the issue, according to Anthony Rieber of NEWSDAY. Granderson said, "I think it's been something th ...

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Temple, Penn Chosen For Concussion Study

Temple Univ. and the Univ. of Pennsylvania "have been chosen to participate in what has been billed as the largest study of concussion and head trauma ever conducted," according to Sam Wood of the PHILADELPHIA INQUIRER. The $30M research project, "paid for by the NCAA and the Department of Defense, ...

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Virginia Signs Law To Regulate Fantasy

A first-of-its-kind bill to regulate both daily and season-long fantasy sports contests "has been signed into law in Virginia," according to Kimberly Pierceall of the Norfolk VIRGINIAN-PILOT. Virginia Gov. Terry McAuliffe signed SB646 yesterday before the midnight deadline "without requesting amendm ...

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FanDuel To Stop Cash Games In Texas

FanDuel will "cease taking paid entries for cash prizes" in Texas on May 2, under a "settlement with the state" announced by Attorney General Ken Paxton on Friday, according to Asher Price of the AUSTIN AMERICAN-STATESMAN. DraftKings within an hour of the announcement "sued Paxton in state dist ...

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Virginia Pols Pass Bill Setting Up DFS Structure

The Virginia legislature yesterday became the "first in the country to pass bills setting up a legal structure for daily fantasy contests," according to Graham Moomaw of the RICHMOND TIMES-DISPATCH. There was "little debate over the legislation that cleared the General Assembly," but it was "opposed ...

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DraftKings, FanDuel Begin Appeal In N.Y.

FanDuel and DraftKings late yesterday each submitted opening briefs with the N.Y. Appellate Court, arguing that daily fantasy is a game of skill, and that lower courts erred in granting state Attorney General Eric Schneiderman a restraining order against the pair. That order has now been stayed pend ...

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DFS Industry Launches Major Lobbying Push

Facing legal questions that "could threaten its survival, the fantasy-sports industry has initiated a lobbying blitz in statehouses across the country," according to Alexandra Berzon of the WALL STREET JOURNAL. The effort is being coordinated by the Fantasy Sports Trade Association, FanDuel and ...

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DraftKings' Latest Funding Round Takes A Hit

DraftKings recently raised about $70M from investors, a "sharp drop from the company’s previous investment rounds as it fights regulatory battles across the country," according to sources cited by Curt Woodward of the BOSTON GLOBE. A source said that investors "did not assign a fixed valuation ...

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