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Legal blow for DFS in California

A district court in California dealt a blow to FanDuel, DraftKings and other DFS operators last week when it held that the payment of entry fees to enter daily fantasy horse racing contests that are returned to winners as cash prizes constituted a wager.

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Catena Media doubles revenue for first quarter 2017

Catena Media saw record breaking sales of €15.23m ($16.9m/£13m) for the first quarter of 2017, up 104% on the same period of 2016. Operating profit increased to €6.64m for the first quarter of 2017, an increase from €3.18m for the first quarter of last year. Meanwhile, the company recorded EBITDA of €7.22m for the first […]

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