..

DraftKings, FanDuel in ‘Deep Doodoo’ But Lawyers With Shovels Can Dig Them Out

Written by:
C Costigan
Published on:
Nov/24/2015
DraftKings, FanDuel in ‘Deep Doodoo’ But Lawyers With Shovels Can Dig Them Out

One of the premier attorneys in the world of gambling, I. Nelson Rose, was kind enough to send DFS911.com his latest piece on the next steps both DraftKings and FanDuel will need to undertake in getting them out of the “deep doodoo” they are currently in.

Ad: Open an Online Betting Account Today at AceSportsbook.  Receive Next Day Payouts and Hundreds of Dollars in Signup Bonuses Here

There are lawyers with shovels who can dig them out, Rose opines. 

On Wednesday, a New York judge will determine if DraftKings and FanDuel can continue to offer its contests in that state following Attorney General Eric Schneiderman’s affirmation that said contests are nothing more than illegal online gambling.  Gambling911.com will be at this hearing scheduled for Noon Eastern Standard Time.

Much of this sudden disdain for the Daily Fantasy Sports sector was brought on by a scandal in which it was revealed that a DraftKings employee had won nearly $350,000 playing in a FanDuel contest back in October.

Rose writes:

“Online fantasy sports, like all new games, were created and staffed by people who like to play those same games.  Anyone with experience with legal gaming, especially Internet gambling, and most especially a lawyer, would have warned the operators to bar their employees from participating in high-stakes DFS games.”

So much of the discussion since that scandal broke has revolved around the legality of Daily Fantasy Sports.  Is the activity really illegal gambling?

Rose also surmizes that, “the worst possible direct penalties come from the criminal laws, especially the state and federal statutes passed to fight organized crime.  If DFS is indeed illegal, then companies like ESPN could be criminally liable merely for running the operators’ commercials.”

Read his article here.

- Chris Costigan, Gambling911.com Publisher

Gambling News

Gambling and Sports Betting News Wire - June 26, 2019

Here are today's headlines in the world of gambling and sports betting as they happen - Wednesday June 26, 2019.

More Sports Handicapping Sites Dump Offshore Ads in Favor of Regulated US Market

The popular sports handicapping website Picks and Parlays is the latest to remove offshore sportsbook ads in favor of legal betting sites in both New Jersey and Nevada.

6.2 Magnitude Earthquake Hits Sportsbook Hub of Costa Rica

6.2 Magnitude Earthquake Hits Sportsbook Hub of Costa Rica

A 6.2 magnitude earthquake hit the border of Costa Rica and Panama overnight Wednesday.  Costa Rica is home to several dozen online sportsbooks, casinos and Pay Per Heads.

Can I Bet on Sportsbook.ag From California?

Can I Bet on Sportsbook.ag From California?

Sportsbook.ag no longer accepts new customers from the state of California.  Another great option is Bookmaker.eu, which has been in business since 1986 and is accessible to those living in California.

When Can I Bet on the Bet Rivers Sportsbook From PA?

When Can I Bet on the Bet Rivers Sportsbook From PA?

The Bet Rivers sportsbook app will be debuting shortly, but it's only going to be available in Pennsylvania.

Syndicate