No more March Madness: DraftKings and FanDuel have actually agreed to suspend the offering of DFS contests on NCAA games.
Whilst the 2016 Men’s NCAA nationwide Championship finished in spellbinding drama yesterday and Kris Jenkins’ sizzling, match-winning shot in the final micro-second regarding the blew our tiny little minds, that is most likely the a year ago ever that fans will be able to ramp the enjoyment up of March Madness through DFS contests.
Both DraftKings and FanDuel have voluntarily agreed this week to close the drafts on college-level and amateur sports. This follows just what a FanDuel spokesperson described as ‘months of productive conversations’ with the NCAA, along with state legislators, during which both businesses heard their issues about the effect of dream activities on college-level and athletics that are amateur.
Both Indiana and Virginia, which in 2010 became the states that are first regulate DFS in the US, included provisions in their legislation that the contests ought not to be based on university tournaments.
‘It is clear that this is an issue that matters to a number of constituencies and we feel that the path that is best forward is to suspend offering these contests pending quality regarding the issue within state legislatures,’ said FanDuel.
‘We supported all of these efforts, and going ahead we’ll earnestly help bills containing the same provision (more…)