No more March Madness: DraftKings and FanDuel have agreed to suspend the offering of DFS contests on NCAA games.
While the 2016 Men’s NCAA National Championship ended in spellbinding drama yesterday and Kris Jenkins’ sizzling, match-winning shot in the final micro-second of the blew our tiny small minds, this is most likely the a year ago ever that fans will be able to ramp up the enjoyment of March Madness through DFS contests.
Both DraftKings and FanDuel have voluntarily agreed this week to close the drafts on college-level and sports that are amateur. This follows exactly what a FanDuel spokesperson described as ‘months of productive conversations’ with the NCAA, as well as state legislators, during which both companies heard their concerns about the impact of fantasy activities on college-level and amateur athletics.
Both Indiana and Virginia, which this present year became the first states to regulate DFS in america, included provisions inside their legislation that the contests must not be based on college tournaments.
‘It is obvious that this is an issue that things to a number of constituencies and we feel that the best path forward is to suspend offering these contests pending quality in the issue within state legislatures,’ stated FanDuel.
‘We supported all of these efforts, and going ahead we will actively support bills containing the provisions that are same. We are happy Continue reading “DraftKings and FanDuel Agree with NCAA to Suspend Amateur and College Sports Contests”