Tag Archives: FantasyFootball

Are DraftKings and FanDuel Racketeering?

Daily fantasy sports have taken off in popularity over the past few years. These games allow you to build teams using actual professional players, and depending on the in-game performance of those players, you can actually win money. However, these games are coming under scrutiny as many people are beginning to ask if these games are legal. Are DraftKings and FanDuel Racketeering? A lawsuit in Louisiana is claiming that the daily fantasy sports websites DraftKings and FanDuel have been using insider information to rig games and win large sums of cash. These accusations surfaced after a report from the New York Times revealed that some DraftKings employees were using the data they learned from their jobs to create fantasy teams on their competitor’s site, FanDuel. The plaintiffs are not only asking for full restitution of entry fees, damages, and punitive damages, but they are also accusing the companies of running…
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