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

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 ...

UIGEA author steaming at DFS

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

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...

Conservative Judicial Watch sues DOJ over 2011 opinion that online gambling is legal

The Department of Justice’s 2011 revision of the scope of the Wire Act of 1961 is under scrutiny by Judicial Watch, who has filed a federal lawsuit seeking documents pertaining to the ruling. The lawsuit fil...