No more March Madness: DraftKings and FanDuel have actually agreed to suspend the offering of DFS contests on NCAA games.
As the 2016 Men’s NCAA National Championship finished in spellbinding drama last night and Kris Jenkins’ sizzling, match-winning shot in the last micro-second of the blew our tiny little minds, that is possibly the a year ago ever that fans should be able to ramp up the satisfaction 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 called ‘months of productive conversations’ with the NCAA, also state legislators, during which both businesses heard their concerns about the impact of fantasy activities on college-level and amateur athletics.
Both Indiana and Virginia, which in 2010 became the first states to regulate DFS in america, included provisions in their legislation that the contests must not be based on university tournaments.
‘It is clear that this is an issue that issues to a variety of constituencies and we feel that the path that is best forward is to suspend offering these contests pending quality in the issue within state legislatures,’ said FanDuel.
‘We supported all of these efforts, and going ahead we’ll earnestly support bills containing the same provisions. We are happy that we are able to work to (more…)