Should DraftKings and FanDuel Pay Consumers Back For Illegal Gambling?
After agreeing to stop operations in New York, daily fantasy sports site FanDuel finds itself preparing to exit another of its big markets, Texas. When the Texas AG Ken Paxton declared daily fantasy sports illegal gambling, his office took steps to protect the citizens of his state. These steps have included lawsuits, demands on the […]
Daily Fantasy Sports Legalized In Indiana? Does That Mean It Should Be Legal In Other States?
Daily fantasy sports continues to stew in a pot of controversy, but progress is being made as lawmakers sort through the legal details of the highly popular online activity. States like Virginia and Indiana have just signed DFS bills into law, but the differences in these laws could leave the fate of DFS uncertain. Daily […]
Are Football Players Suing FanDuel And DraftKings?
Daily fantasy sports are on the defense as scores of consumers and lawmakers begin to question the legality of these for-pay websites. First, Las Vegas declared playing DFS gambling. Then, allegations of insider trading were levied against FanDuel and DraftKings. Now, the very athletes being betted on are questioning the legality of DFS. Are Football […]
Will Florida’s Gaming Committee Solve Daily Fantasy Sports Problems?
Texas may join the growing number of states declaring Daily Fantasy Sports (DFS) gambling as Attorney General Ken Paxton declares his belief that websites like FanDuel and DraftKings enable people to illegally gamble. Perhaps this news shouldn’t be surprising considering that even Nevada has declared that DFS sites are gambling websites, so should Florida treat […]
New York Bans Daily Fantasy Sports: Will Florida Follow?
FanDuel and DraftKings owns 96 percent of the daily fantasy sports market share, so anything that affects these two giant companies also affects the entire online gaming world. So when New York effectively banned the companies from operating within the state, tremors could be felt all over the U.S. New York Bans Daily Fantasy Sports […]
