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It was once said about the advent of online gambling: “Click your mouse, lose your house”. Now they are saying this about Daily Fantasy Sports.
John W. Kindt Mahomet writing for the Sauk Valley Illinois paper suggests Daily Fantasy contests are designed to seduce a youth market while utilizing similar marketing techniques as pornography. He alludes to the fact that Vivid Entertainment just joined forces with DFS third wheel DraftDay. While not in the same league branding-wise as a DraftKings or FanDuel, DraftDay is widely considered right around the number three most popular Daily Fantasy Sports site if we leave Yahoo out of the equation. Vivid is the number one producer of smut.
Kindt, it turns out, is a professor of law and economics at the University of Illinois and, in case you haven’t figured it out already, he’s not exactly smitten with this explosive industry.
He writes:
The U.S. National Gambling Impact Study Commission Report concluded that daily fantasy sports-type gambling was “impossible to regulate” and had to be prohibited. These conclusions have been confirmed by experts at congressional hearings and in academic publications, including the multivolume U.S. International Gaming Report, produced at the University of Illinois and in concert with other research universities. In 2015, congressional hearings began investigating the proliferation and abuses involving daily fantasy sports.
All states would be well advised to reject the claims and endeavors of daily fantasy sports lobbyists to leverage state governments into confrontations with the U.S. Department of Justice and the majority of state attorneys general.
Illinois just happens to be among those states taking a more positive approach towards Daily Fantasy Sports.
Late last month the Illinois House gave its initial approval to a measure that would legalize betting on daily fantasy sports though they have come upon some resistance from lawmakers.
“I know this is a controversial bill,” said Rep. Mike Zalewski, a Riverside Democrat sponsoring the Illinois bill. “Constituents of ours play these games and regardless of whether we agree with their decisions to do so, we’re faced with the choice of deciding whether we want to protect them from the reality we know exists and make sure that they enjoy the games in a reasonable way.”
- Jagajeet Chiba, Gambling911.com
