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Payment Processor Cutting Ties With DraftKings, FanDuel Amid Gambling Disputes

With the state officials in Nevada, New York, Illinois, and now Texas all saying they believe that daily fantasy sports [DFS] sites DraftKings and FanDuel are unlicensed gambling operations, a company that had processed payments for both of these sites has reported severed ties with the industry. The New York Times reports that payment processor Vantiv has …

Hawaii Might Say 'Aloha' to Daily Fantasy Sports

The state is the latest to find that the games are illegal gambling—a string of rulings that threaten the industry’s existence.

Hawaii’s attorney general has issued an opinion that says daily fantasy is illegal gambling under st

last weekSports : Deadspin

Hawaii’s attorney general has issued an opinion that says daily fantasy is illegal gambling under state law, becoming the umpteenth state attorney general to do so. [Honolulu Star-Advertiser] Read more...

Texas Attorney General Declares Daily Fantasy Illegal Gambling, And The End Is Nigh

2 weeks agoSports : Deadspin

Texas Attorney General Ken Paxton issued an opinion today that daily fantasy sports constitutes illegal gambling under Texas law. “It is prohibited gambling in Texas if you bet on the performance of a participant in a sporting event and the house takes a cut,” he said in a statement. Show More Summary

Now Texas Says DraftKings And FanDuel Are Gambling

Problems keep mounting for daily fantasy sports sites. The post Now Texas Says DraftKings And FanDuel Are Gambling appeared first on WIRED.

Texas Attorney General Deems Daily Fantasy Sports Illegal

2 weeks agoNews : NYTimes: News

With the opinion by Ken Paxton that daily fantasy sports constitute “prohibited gambling,” Texas became the latest state to decide FanDuel and DraftKings are running afoul of state law.

Texas Attorney General Says Daily Fantasy Sports Is Prohibited Gambling

Texas Attorney General Ken Paxton has announced, via an opinion, that daily fantasy sports is prohibited gambling in Texas as long as the operations are taking a cut on the competitions. "Simply put, it is prohibited gambling in Texas if you bet on the performance of a participant in a [...]

Bart & Fleming: Ricky Gervais KO’d By Mel Gibson And Other Globes Lessons; Kevin Spacey & Dana Brunetti’s Gamble

Peter Bart and Mike Fleming Jr. worked together for two decades at Daily Variety. In this weekly column, two old friends get together and grind their axes on the movie business. FLEMING: Two observations about Sunday’s Golden Globes....Show More Summary

How The Daily Fantasy Sports Industry Turns Fans Into Suckers

last monthNews : Huffington Post

In my early 20s, I developed a gambling problem that I’ve since learned to spread out over a variety of low-stakes games — Scrabble, pitch-and-putt golf, my stock profile on ETrade. -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

Illinois' Attorney General Thinks All Forms Of Fantasy Sports Are Illegal Gambling 

2 months agoSports : Deadspin

Illinois Attorney General Lisa Madigan delivered a giant lump of coal to the Daily Fantasy Sports industry on Wednesday as she declared that FanDuel and DraftKings are operating illegal gambling sites. Read more...

Illinois AG says DraftKings and FanDuel are illegal gambling

Daily fantasy sites DraftKings and FanDuel have had another brush with the law, this time in Illinois. According to Sports Illustrated, Illinois Attorney General Lisa Madigan declared the websites to be illegal gambling under state law, and has sent a letter requesting that both sites post that Illinois residents are not eligible to play. Show More Summary

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. Illinois AG Lisa Madigan provided …

Fantasy sports betting is illegal in Illinois, attorney general says

SPRINGFIELD, Ill. — Daily fantasy sports betting is illegal gambling under Illinois law, Attorney General Lisa Madigan said Wednesday. Madigan's opinion, sought by two Democratic legislators, points out that the debate over whether the popular contests involve skill or luck is irrelevant. Show More Summary

Fantasy sports contests are ‘gambling,’ Illinois attorney general says

Illinois on Wednesday became the latest state to ban its residents from playing daily fantasy sports contests offered by FanDuel and DraftKings, after the attorney general said the sites constitute “gambling” under Illinois law. “In light of the opinion, we expect that both FanDuel and DraftKings will amend their Terms of Use to include Illinois […]

AG says Daily fantasy sports 'constitute illegal gambling'

2 months agoNews : NY Daily News

The Illinois Attorney General determined Wednesday that daily fantasy sports “constitute illegal gambling” under state law.

Illinois Attorney General Declares Daily Fantasy Is Illegal Gambling

2 months agoSports : Deadspin

Illinois became the eighth state to prohibit daily fantasy behemoths DraftKings and FanDuel from operating in their state, as attorney general Lisa Madigan declared that daily fantasy constitutes gambling under state law. Madigan based her interpretation on the following sections of the Illinois Criminal Code, which define gambling as: Read more...

Madigan: Daily fantasy betting is illegal gambling

Illinois Attorney General Lisa Madigan said in a decision issued Wednesday that betting through online fantasy sports leagues is illegal under the state’s gambling laws. The 15-page decision noted that the criminal code “prohibits the playing of both 'games of chance or skill for money.' ” Madigan...

Illinois Rules Daily Fantasy Sports Is Illegal

2 months agoNews : Huffington Post

Dec 23 (Reuters) - Illinois on Wednesday became the latest state to ban its residents from playing daily fantasy sports contests offered by FanDuel and DraftKings, after the attorney general said the sites constitute "gambling" under...Show More Summary

Another state is bringing the hammer down on FanDuel and DraftKings

Illinois State Attorney General Lisa Maddigan stated that the daily fantasy games offered by FanDuel and DraftKings constitute illegal gambling in a document released on Wednesday night. "[I]t is my opinion that the contests in question constitute illegal gambling under subsection 28-1(a) of the Criminal Code of 2012... Show More Summary

Madigan: Daily fantasy betting is illegal gambling

Illinois' attorney general says daily fantasy sports betting, made popular by sites such as DraftKings and FanDuel, is illegal gambling under Illinois law. Lisa Madigan issued an opinion Wednesday declaring that the argument over whether skill is required in betting on short-term fantasy-team contests...

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