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DraftKings Consumer protection measures

Saturday January 23,2016 :  WILL DRAFTKINGS CHANGES PLACATE LAWMAKERS?
 
Consumer protection measures to be implemented next week.
 
Players who use the DraftKings daily fantasy sports site received emails Friday confirming earlier rumours that the company is about to make consumer protection-related changes as pressure from lawmakers in the US mounts.
 
The email set a January 29 target date for the changes to come into effect and revealed that these include a ban on third party scripting tools with the launch of "a new tool that makes it easier for players to enter their DraftKings lineups."
 
The email was supported by a press statement from the company headed "Change in Automated Tools Policy" which purports to enhance the DraftKings platform and protect players.
 
"With the implementation of this new tool, effective January 29, 2016, DraftKings will prohibit the use of scripts and other automated means of interacting with our site," the statement advises. "Though all customers were previously allowed to use scripts, going forward, all users must use only the tools available on the DraftKings site to submit lineups, enter contests, and perform all site activity."
 
See the statement here: http://playbook.draftkings.com/press/draftkings-statement-12216/
 
Banning the use of third part scripting tools is a controversial issue that will earn the company both praise and criticism, depending on the type of player.
 
High volume 'shark' players are less likely to applaud a ban on the sophisticated external lineup programs that many use to profit from their DFS activity, whilst less frequent, inexperienced and perhaps amateur players will see the move as levelling the playing field a little more.
 
DraftKings has advised that further changes on the consumer protection theme will be made as necessary or required going forward.
 
In a sense, the DraftKings move replicates trends in the poker vertical to focus more on the recreational player despite the business that minority high-volume players tend to generate.
 
Analysing the changes, ESPN noted that in a further recreational player-friendly move, DraftKings will in the near future also start tagging the shark players, enabling less skilled and experienced players to avoid them in head to head and smaller competition clashes.
 
The publication reported that there will additionally be entry limits on some GPPs (guaranteed prize pools) and that in some cases these will involve the restriction of multiple entries and/or the exclusion of tagged shark players, again diluting their impact on recreational punters.

Several of the changes can be correlated with consumer protection recommendations made recently by Massachusetts AG Maura Healey after a study of the DFS vertical requested by state politicians .
 
FanDuel, as the main rival to DraftKings, will no doubt be studying the changes closely, but its intentions are not yet clear. ESPN reports that the company recently stopped including win totals on player profile pages, presumably to make it harder for sharks to identify weaker players.

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Gambling News :

Netent Enters Mexico With Deal With Codere - The statement advises that the agreement enables the Swedish company to provide its portfolio offerings to Codere through that companys existing operator license.

Winamax Poker Launches Dealers Choice Games - The Dealer's Choice in poker format is not a new concept, but Winamax enlivened the French online poker scene by introducing it last week, taking advantage of looser game restrictions by the French regulator ARJEL.

2016 Unibet Poker Open Bucharest main event Results - Romanian poker ace Traian Bostan banked Euro 100,000 this weekend after winning the Euro 1,100 buy-in Unibet Poker Open Bucharest main event hosted by the JW Marriott Bucharest Grand Hotel.

Limited Gambling To Be Allowed in Bermuda - After two years of discussion senators in the self-governing British overseas territory of Bermuda finally approved the Casino Gaming Amendment Act 2016 last week, ushering in a potentially more liberal and practical approach to gambling in the Caribbean island nation.

Crown Resorts Employees Should Confess - Youxi suggested that Crown should hire good lawyers to defend its employees, something Crown's existing Chinese legal representatives may regard as offensive.

Jack Lam on the Run - "Our records also showed Lam arrived in Manila last Nov. 25 aboard a China Airlines flight from Taipei, she said, observing that there was no record of any return to the Philippines since his departure.

Golden Jungle Slot - IGT is about to launch online its popular land casino slot Golden Jungle, adding yet another jungle-and-temple themed game to the dozens already available to internet and mobile punters.

Philippines president Orders Arrest of Jack Lam casino magnate - Rodrigo Duterte, the shoot-from-the-hip Philippines president, has intervened in the fast-moving bribery scandal involving his Justice Secretary Vitaliano Aguirre, Pagcor chief Andrea Domingo and Macau-based casino magnate Jack Lam

South Africa Going After Illegal Gambling - In South Africa a combined national police and federal enforcement initiative has shuttered 19 illegal gambling venues across the provinces of Northern Cape and North West.

The Winning Express arbitrage sports betting scheme - A UK-based GBP 27 million arbitrage sports betting scheme, The Winning Express, has collapsed, leaving a thousand investors with concerns that their money is lost, according to a BBC report over the weekend.

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