Hit and Run: DraftKings and FanDuel Respond; Macau Revenue at 5 Year Low; Common Cents Series at PokerStars


DraftKings and FanDuel issue joint statement on current controversies. PokerStars Common Cents series gives players the chance to win $10k for a penny. Macau gambling slump continues.

DraftKings and FanDuel respond to controversies

Yesterday we posted about the current controversies the two biggest daily fantasy sports are dealing with. Today both DraftKings and FanDuel broke their silence, issuing an official, joint statement addressing the DFS community’s concerns:

While there has been recent attention on industry employees playing on FanDuel and DraftKings, nothing is more important to DraftKings and FanDuel than the integrity of the games we offer to our customers. Both companies have strong policies in place to ensure that employees do not misuse any information at their disposal and strictly limit access to company data to only those employees who require it to do their jobs. Employees with access to this data are rigorously monitored by internal fraud control teams, and we have no evidence that anyone has misused it.

However, we continue to review our internal controls to ensure they are as strong as they can be. We also plan to work with the entire fantasy sports industry on this specific issue so that fans everywhere can continue to enjoy and trust the games they love.

The statement did little to mollify the masses, and it appears the industry is dealing with its first black eye.

PokerStars Common Cents Series

The worldwide leader in online poker is once again innovating and pushing the envelope, this time with a micro-stakes tournament series PokerStars is calling “Common Cents.”

All of the tournaments in the Common Cents Series features buy-ins of less than $1, but that doesn’t mean there isn’t any money to be won, and will almost certainly be among the best ROI online poker tournaments in poker history.

The opening event features a $.01 buy-in with a $100,000 guarantee, including a $10,000 guarantee for the eventual winner.

Quick Hitters

– It looks like there is some trouble brewing in casino paradise, as gaming revenue in Macau is at a five year low. Macau, which has been called the new Vegas but revenues at casinos have been ticking down for some time now.

– Daniel Stacey wins the 2015 UKIPT Isle of Man Main Event. It took just over three hours to play down to the final two, but another four hours before Stacey dispatched Paren Arzoomanian, although the duo did cut a deal.

– When will PokerStars launch in New Jersey? According to Online Poker Report, don’t expect to see PokerStars make its Garden State debut until 2016.

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