FantasyDraft Bails Out Fantasy Aces, Will Spend Player Balances FantasyDraft will rescue the customer balances associated with the stricken and Fantasy that is bankrupt Aces, its CEO announced on Monday regarding the RotoGrinders DFS forum. FantasyDraft CEO Steve Krombolz stated their company is stepping in so that they can save the 'lifeblood of the industry.' The majority that is vast of Aces clients will be paid in cash, while larger balances will likely be topped up with FantasyCash. FantasyDraft was regarding the verge of acquiring the website last month before it pulled out of the offer citing 'issues identified during our due diligence.' It was a move that quickly propelled Fantasy Aces towards chapter 5 bankruptcy. Bankruptcy filings quickly unveiled the truth that is messy Fantasy Aces' situation: the business…

Major League Baseball to Take Another Move at Sports Betting Major League Baseball (MLB) is likely to review its stance on sports gambling, as Commissioner Rob Manfred continues their conversation on gambling. Significant League Baseball Commissioner Rob Manfred will continue reviewing sports gambling, but the baseball boss generally seems to be moving closer to supporting widespread legalization. Showing up this week during the Yahoo Finance All areas Summit in New York City, Manfred stated during a conversation titled 'The Business of Sports' that his league is reviewing the advantages and disadvantages of sports betting. 'Sports betting takes place. Whether it is legalized here or otherwise not, it's happening out here,' Manfred explained. 'Are we better off in a world where we have nice, strong, uniform federal regulation of gambling that…