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]
daily fantasy sports
Not So Fast, New York: DraftKings Says It’s Still Able To Operate In New York State
By 12.11.15
Earlier this morning, a New York Supreme Court judge granted the state’s temporary injunction against DraftKings and FanDuel, blocking the daily fantasy sports (DFS) sites from doing business in the state, pending the outcome of the state’s lawsuit against them. However, DraftKings says it was able to hold off this injunction, allowing the site to remain in operation in the Empire State for the time being. [More]
Court Temporarily Blocks DraftKings, FanDuel From Doing Business In New York State
By 12.11.15
UPDATE: DraftKings says it was able to get the court to hold off on enforcing the injunction pending an appeal of today’s ruling. That means DraftKings will remain operational in New York state for the time being. [More]
DraftKings Tries To Make Its Case That Daily Fantasy Sports Are Not Gambling
By 11.24.15
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
By 11.19.15
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
By 11.18.15
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
By 11.17.15
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]
DraftKings & FanDuel Are Exempt From Online Gambling Laws Because Pro Sports Wanted It That Way
By 11.16.15
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]
