Published

CBS joins DFS market

Mass

CBS
media company CBS has entered the daily fantasy sports (DFS) market with the launch of its SportsLine DFS product.

CBS already offers a season-long fantasy sports product and SportsLine, on top of DFS contests, offers insider information, data and expertise to fantasy sports players.

CBS Sports director, daily fantasy sports Grant Gurtin tweeted on Monday: “Excited to [be] a part of CBSSports' daily fantasy launch. Expecting some overlay in our first contests today.”

Gurtin confirmed that SportsLine is “not planning to have rake any time in the near future”.

CBS follows broadcaster ESPN and internet corporation Yahoo’s moves into the DFS market earlier this year.

It was announced in June that ESPN, which has offered fantasy sports for more than 20 years, had reached an agreement with DFS operator DraftKings that would see DraftKings be the official DFS offering across ESPN’s platforms.

Yahoo enhanced its fantasy sports offering by launching Yahoo Sports Daily Fantasy in July.

David Baazov, CEO of provider Amaya Gaming, said earlier this year that it plans to launch a DFS product in time for the start of the regular National Football League season in September.

DraftKings announced last week it had secured $300m in Series E financing, which it said would in part be used to launch its product internationally, and followed an announcement from fellow DFS operator FanDuel earlier in July that it had secured $275m in Series E financing.

Premium+ Connections
Premium

RISK

 
Premium

Sport Generate

 
Premium

PIN-UP Partners

 
 
Premium

Revsharks

 
Premium

Galaxsys

 
Premium

Digitain

 
Premium

Imagine Live

 
Premium

1xBet Partners

 
Premium

Lynon

 
Premium

GammaStack

 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...