No more March Madness: DraftKings and FanDuel have actually agreed to suspend the offering of DFS contests on NCAA games.
Although the 2016 Men’s NCAA National Championship finished in spellbinding drama last night and Kris Jenkins’ sizzling, match-winning shot in the ultimate micro-second of the blew our tiny small minds, this really is possibly the this past year ever that fans should 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 amateur sports. This follows what a FanDuel spokesperson described as ‘months of productive conversations’ with the NCAA, in addition to state legislators, during which both businesses heard their concerns about the impact of fantasy sports on college-level and amateur athletics.
Both Indiana and Virginia, which this season became the states that are first regulate DFS in america, included provisions within their legislation that the contests must not be based on university tournaments.
‘It is obvious that this is an issue that matters to a variety of constituencies and we feel that the best path forward is to suspend offering these contests pending resolution in the issue within state legislatures,’ stated FanDuel.
‘We supported all of these efforts, and going forward we will actively help bills containing the same provisions. Continue reading “DraftKings and FanDuel consent with NCAA to Suspend Amateur and College Sports Contests”