Steven Depolo

Thinking Of Gambling On The Election? You Can’t In Vegas

The election is next week and while some might argue it’s a sporting event — the rounds of debate sparring, the marathon-like campaign stops — it’s not. So, if you were planning on betting for one side or the other, you might want to think again: Vegas doesn’t want your bet.  [More]

CBS New York

Woman Believes She Won $43M On Slot Machine, Casino Disagrees

Imagine you just won $43 million on a lucky spin at the slot machine. Now picture someone telling you actually, you’ll be going home with nothing but a sad story about the time you thought you hit it big. That’s what happened to one New York City woman who claims a casino cheated her out of some major winnings. [More]

Just In Time For Football, New York Changes Law To Legalize DraftKings, FanDuel

Just In Time For Football, New York Changes Law To Legalize DraftKings, FanDuel

The nearly year-long legal battle between the state of New York and daily fantasy sports (DFS) sites DraftKings and FanDuel has all but come to an anticlimactic end today, with Governor Andrew “Not the one from TV” Cuomo putting his name to a new law that explicitly legalize certain DFS contests within the Empire State. [More]

DraftKings, FanDuel Stop Doing Business In New York State

DraftKings, FanDuel Stop Doing Business In New York State

In the middle of their courtroom fight with New York state over the legality of daily fantasy sports [DFS] contests, both DraftKings and FanDuel have agreed to stop doing business with Empire State residents. [More]

Groups Ask NFL To Shut Down Its Pre-Teen Fantasy Football Program

Groups Ask NFL To Shut Down Its Pre-Teen Fantasy Football Program

While daily fantasy sports [DFS] sites like FanDuel and DraftKings are in the spotlight over whether or not they violate state anti-gambling laws, those sites are intended only for adults. But the NFL also runs a fantasy football site that is targeted directly at youngsters, which some consumer advocates say is just prepping these kids for a life of wagering money on sports. [More]

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

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]