Gambling or skill? Fantasy sports fight for legitimacy

A year ago, fantasy sports was rapidly building into a multi-billion dollar US business with huge global potential. Now it's fighting to survive amid objections that the industry is essentially unregulated gambling.

PayPal withdraws project over US state's 'anti-LGBT' law

US online payment giant PayPal dropped plans Tuesday to invest millions of dollars in North Carolina, joining a growing chorus of protests by major companies against recently passed state legislation targeting transgender ...

Fantasy sports sites to halt college contests

Two major fantasy sports operators said Thursday they would suspend contests involving teams and athletes from universities as part of an agreement with the governing body for college athletics.

Basketball games mimic nature

Behind the apparent randomness of a basketball game, a process of self-organisation is actually taking place amid the teams. The interactions between team mates and opponents are constantly influencing each other while the ...

Fantasy sports company DraftKings raises $300 mn

DraftKings, a leading player in the booming fantasy sports business, announced Monday that it raised $300 million from a group of investors that includes Fox Sports and three major sports leagues.

page 3 from 7