Fantasy Sports

Daily fantasy sports payment processors pressure operators to shut down New York state action

D. Graham
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Online Gambling News, Fantasy Sports, Fines, Lawsuits & Litigation, New York
Daily fantasy sports (DFS) operators rarely handle the banking aspects of player deposits and withdrawals in-house. Instead, DFS businesses contract with payment gateways as a financial go-between, and without ...

Professional sports leagues’ involvement with daily fantasy sports called out for federal review

D. Graham
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Fantasy Sports, Indepth / Featured Articles, Fines, Lawsuits & Litigation, New Jersey, New York
After clarifying the distinction between daily fantasy sports (DFS) and the more traditional, season-long fantasy sports leagues, New York Attorney General Eric Schneiderman announced that daily fantasy sports ...

Regulating DraftKings like a casino considered by Mass. Gaming Commission

Kim M
Latest Casino and Gambling News, Gaming Law & Legislation, North America Casino News, Online gambling regulation, Gaming Industry News, Sports betting, Online Gambling News, Fantasy Sports, Massachusetts
Regulation of daily fantasy sports (DFS) is not within the scope of the Massachusetts Gaming Commission, according to Chairman Steve Crosby who said that daily fantasy sports companies such as Boston-based Draf...

“Black Friday” Attorney opens DFS investigation in New York

Kim M
Latest Casino and Gambling News, Gaming Law & Legislation, North America Casino News, Online gambling regulation, Online Gambling News, Sports betting, Fantasy Sports, Fines, Lawsuits & Litigation, New York
Preet Bharara, the U.S. Attorney in the Southern District of New York who brought the poker industry to its knees and permanently altered the landscape of the online gambling industry in what has now become kno...

Reports: DOJ orders FBI to investigate DraftKings, FanDuel

Lars Jones
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Las Vegas, Illegal Bookmaking, Unlicensed Operation, Fantasy Sports, Fines, Lawsuits & Litigation, Massachusetts, Nevada, New Jersey
The daily fantasy sports (DFS) industry is under siege from all quarters. Wednesday the Wall Street Journal, quoting anonymous sources, reported that the U.S. Department of Justice (DOJ) and FBI are investigati...

UIGEA author steaming at DFS

Kim M
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, Sports betting, Online Gambling News, Fantasy Sports, Fines, Lawsuits & Litigation
Fantasy sites FanDuel and DraftKings' use of  2006 federal money processing legislation as the lone validation for their legitimacy is “sheer chutzpah” according a former U.S. congressman who co-sponsored the l...

US Attorney investigating DFS operators

Kim M
Latest Casino and Gambling News, Gaming Law & Legislation, North America Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, Florida, Online Gambling News, Sports betting, Fantasy Sports, Fines, Lawsuits & Litigation
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Whether or not operators of daily fantasy sports (DFS) are violating the Illegal Gambling Business Act (IGBA) is a question for a grand jury, which has been convened by the US Attorney’s office in Tampa, Florid...