Citi Now Blocking DraftKings, FanDuel Transactions In New York State

Citi Now Blocking DraftKings, FanDuel Transactions In New York State

With the legality of daily fantasy sports [DFS] sites like DraftKings and FanDuel currently tied up in legal limbo for New York residents, Citigroup confirmed today that it is now blocking its customers in the state from transacting any business with either site. [More]

Payment Processor Reportedly Cutting Ties With DraftKings, FanDuel Amid Gambling Disputes

Payment Processor Reportedly Cutting Ties With DraftKings, FanDuel Amid Gambling Disputes

UPDATE: In a statement to Consumerist, an attorney representing DraftKings denies the NY Times report. [More]

Illinois Attorney General Says DraftKings, FanDuel Are Illegal Gambling Sites

Illinois Attorney General Says DraftKings, FanDuel Are Illegal Gambling Sites

While daily fantasy sports (DFS) sites DraftKings and FanDuel are hanging on to their hundreds of thousands of paying New York state customers by a legal thread, the high-profile operations are coming under scrutiny in the Central time zone, with the Illinois attorney general opining that DFS sites constitute illegal gambling under state law. [More]

DraftKings Tries To Make Its Case That Daily Fantasy Sports Are Not Gambling

DraftKings Tries To Make Its Case That Daily Fantasy Sports Are Not Gambling

A week after New York state sued DraftKings, alleging that the daily fantasy sports (DFS) site is an illegal gambling operation, DraftKings has filed a brief with the court to make its argument that DFS isn’t gambling at all. [More]

Massachusetts Proposes New Regulations For DraftKings, FanDuel

Massachusetts Proposes New Regulations For DraftKings, FanDuel

While New York and Nevada have joined the ranks of states barring residents from playing daily fantasy sports sites DraftKings and Fan Duel, DraftKings’ home state of Massachusetts is demonstrating more flexibility, proposing new regulations that would still allow the sites to operate in the state. [More]

New York State Adds Yahoo To Inquiry Into Daily Fantasy Sports Sites

New York State Adds Yahoo To Inquiry Into Daily Fantasy Sports Sites

Four months after Yahoo announced it would offer sports fans the opportunity to make money by betting on professional athletes’ performances, the company became the latest target in a New York state investigation into the business practices of the currently unregulated multi-million dollar online daily fantasy sports industry.  [More]

New York State Sues DraftKings & FanDuel Over Alleged Gambling, False Advertising

New York State Sues DraftKings & FanDuel Over Alleged Gambling, False Advertising

One week after concluding that, according to New York state law, daily fantasy sports sites DraftKings and FanDuel are unlicensed gambling operations, the state has filed lawsuits against both companies, seeking to stop them from offering their service to New Yorkers. [More]

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DraftKings & FanDuel Are Exempt From Online Gambling Laws Because Pro Sports Wanted It That Way

Daily fantasy sports sites DraftKings and FanDuel are basically everywhere lately. Not only are the ads for both companies a constant during every sports broadcast of any kind, but also there’s constantly news about FBI investigations, states trying to shut them down, or even John Oliver roasts. [More]

John Oliver Has Rewritten Those DraftKings & FanDuel Ads For You

John Oliver Has Rewritten Those DraftKings & FanDuel Ads For You

With daily fantasy sports sites DraftKings and FanDuel in a high-profile legal battle with New York state over whether they are a form of unlicensed gambling or games of skill, HBO’s John Oliver has released his own version of the sites’ infamous “anyone can win” ads. [More]

DraftKings, FanDuel Ask Court To Overturn New York State Ban

DraftKings, FanDuel Ask Court To Overturn New York State Ban

As expected, fantasy sports businesses are fighting back against the New York state attorney general’s determination that DraftKings and FanDuel are actually illegal gambling sites and should not be allowed to operate in the state. This morning, both DraftKings and FanDuel asked the court to overturn that decision. [More]

The Law That Allows DraftKings & FanDuel To Exist May Be The One That Comes Back To Bite Them

The Law That Allows DraftKings & FanDuel To Exist May Be The One That Comes Back To Bite Them

Earlier this week, the New York state attorney general’s office directed FanDuel and DraftKings to cease operating in the state after investigators concluded that these sites constitute a form of illegal gambling. The sites have vowed to fight this order, which would wipe out around 10% of their existing customer base, but the federal law that has allowed fantasy sports to exist may be the one that hurts them. [More]

New York Tells DraftKings & FanDuel To Cease Operations In The State

New York Tells DraftKings & FanDuel To Cease Operations In The State

Almost a month after Nevada declared that daily fantasy sports sites like DraftKings and FanDuel are unlicensed gambling operations and barred them from operating in the state, New York appears to have come to a similar conclusion. [More]

Nevada Says DraftKings & FanDuel Are Unlicensed Gambling, Bars Them From Operating In State

Nevada Says DraftKings & FanDuel Are Unlicensed Gambling, Bars Them From Operating In State

The same day that news broke of an ongoing FBI investigation into the legality of online daily fantasy sports sites like DraftKings and FanDuel, Nevada gaming regulators declared that these sites are unlicensed gambling businesses and barred them from operating in the state. [More]

(Alan Cleaver)

State Of Indiana Does Not Think Senior Center Card Games Are Secret Gambling Den

Last week, the Indiana Gaming Commission contacted a senior center in Muncie to let them know that a popular activity, thrice-weekly games of euchre (a four-player card game) was possibly breaking the state’s gambling law. The seniors shut down their game, not wanting to run afoul of gambling regulations. When the story hit local news, the state government clarified that this type of card game was not really what they had in mind for a crackdown on informal gambling venues. [More]

It’s Getting Harder To Win The Powerball Jackpot — But Smaller Rewards May Be Within Reach

It’s Getting Harder To Win The Powerball Jackpot — But Smaller Rewards May Be Within Reach

If you’ve been basing your lottery dreams on the same Powerball odds that have been in place, you better prepare for an adjustment in your sleep-time calculations: The folks behind the curtain are changing the rules, making it tougher to win the Powerball jackpot. [More]

(Alan Cleaver)

Gamblers Who Won $1.5M Must Return Winnings Over Unshuffled Cards

Back in 2012, some gamblers in Atlantic City realized there was a pattern to the way the cards were coming out while playing mini-baccarat and won 41 straight hands worth around $1.5 million in total. But this week a court ruled the winnings must be returned because the cards had not been shuffled. [More]

(Twitter)

$14M Slots Jackpot Win Is All Going To Charity, Says Awesome Human Being

A fountain of liquid cheddar, burbling in a green and gold garden, wherein Aaron Rodgers awaits, ready with all the fondue fixings a heart could desire and the collector’s edition of Pride and Prejudice starring Colin Firth as Mr. Darcy all cued up and ready to go — that’s what I’d go for if I had $14 million. But alas, I am not the lucky gambler in Las Vegas who spent $20 and won a slot machine jackpot. Nope, he’s giving all his newly-won loot to charity. [More]

(Great Beyond)

Casino E-Mails Problem Gamblers Who Specifically Asked To Be Left Alone

If you have a gambling problem, you can do something drastic but ultimately helpful: you can put yourself on a “self-exclusion” list that means you no longer receive e-mails or promotions from gambling companies. You can self-exclude from both real-life casinos and their online counterparts, so you won’t be allowed to play. The problem comes when something goes wrong, and those customers receive an e-mail blast. [More]