NY fantasy sports probe extends to Yahoo

New York state investigators are looking into Yahoo's daily fantasy sports games to determine if they should be targeted for illegal gambling along with other operators, sources said Wednesday.

Daily fantasy sports deemed gambling in Nevada

Daily fantasy sports companies suffered another blow this week as authorities in Nevada deemed them gambling enterprises and ordered them to suspend operations in the state until they have proper licenses.

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.

Yahoo snaps up e-commerce app startup

Yahoo on Wednesday said it bought e-commerce platform start-up Lexity, racking up its 20th acquisition since Marissa Mayer became chief last year.

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