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

Philadelphia Sportsbook Opens for Business

Philadelphia Sportsbook Opens for Business But Players Must Pay 34 Percent Tax

Players are likely to be taxed higher than most other states with PA players looking to shell out 34% of winnings

Rivers Casino Sportsbook in Pittsburgh Opens Today

Rivers Casino Sportsbook in Pittsburgh Opens Today

The Rivers Casino was set to begin offering sports betting Thursday and Friday (December 13 and 14) as part of a limited test run.

New Jersey Sports Betting Market Closing in on $1B Mark

New Jersey Sports Betting Market Closing in on $1B Mark

New Jersey’s sports betting market is closing in on the $1 billion dollar mark after less than six months of operation.

Ace Per Head Now Accepting Amex Gift Cards

Ace Per Head Now Accepting Amex Gift Cards

In the world of sports betting and pay per head sites one of the best bookie services in the market is AcePerHead.com.

The Role of UKGC in Online Gambling Industry

The Role of UKGC in Online Gambling Industry

Apart from the League Championship, the United Kingdom is also one of the most important territories of the gambling industry.

Syndicate