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]
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The Law That Allows DraftKings & FanDuel To Exist May Be The One That Comes Back To Bite Them
By 11.12.15
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]
Congress To Legalize Online Gambling?
By 8.17.11
Only months after the federal government shut down access to online poker sites come reports that Congress could soon consider a bill that would legalize online gambling. [More]
