Yahoo Unveils Sports Daily Fantasy

(RTTNews) - Yahoo Inc. (YHOO) announced the new Yahoo Sports Daily Fantasy — one-day and one-week fantasy contests for cash prizes.

"For nearly two decades, Yahoo Sports has entertained fans around the world with the most engaging content, news and fantasy experiences. Today, we're taking the game to the next level and giving fans what they've always wanted — the chance to compete with their friends and win cash, everyday. With today's launch, Yahoo becomes the first major sports site and the only technology company of its scale to offer its own Daily Fantasy experience," the company said.

Yahoo said it has designed this experience for the mobile fantasy player and is the only company to offer Daily Fantasy, Full Season Fantasy, and real-time sports news and scores as an all-in-one experience. Now users can join a new contest with their friends every day with the chance to win real cash prizes, and a simplified salary cap makes it fast and easy.

Users can go to Yahoo Sports Daily Fantasy and update or download the Fantasy Sports App from the App Store to play natively on the iPhone and on any device through their browser, the company said.