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Texas Attorney General Ken Paxton issued a written opinion Tuesday, declaring daily fantasy sports (DFS) to be illegal under current state law. The two leading DFS sites, DraftKings and FanDuel, have both issued statements disagreeing with Paxton, but it does not appear that either intends on withdrawing from the state any time soon. It does… Read more »
Daily fantasy sports (DFS) leaders DraftKings and FanDuel can continue to operate in the state of New York for at least half a year, as a four-judge state appellate panel issued a permanent stay Monday against an injunction issued against the sites. That injunction was levied a month ago by New York Supreme Court Judge… Read more »
It looks like New York Attorney General Eric Schneiderman has three-bet daily fantasy sports (DFS) leaders DraftKings and FanDuel and is putting their tournament lives at risk. Less than two months after filing numerous complaints against the two companies, including charges of illegal gambling and advertising fraud, the AG has amended the complaint in an… Read more »
It looks like the Massachusetts State Lottery Commission (MSLC) may be taking the “if you can’t be ‘em, join ‘em” stance when it comes to online gaming. In late December, the MSLC issued a Request for Information (RFI), inviting (preferably) qualified companies to submit proposals with ideas for how the Lottery can increase its presence… Read more »
Last Wednesday, Illinois Attorney General Lisa Madigan proclaimed that daily fantasy sports (DFS) are illegal under current state law and while she did not take immediate action against any sites, namely DFS industry leaders DraftKings and FanDuel, she did tell them that she expected them to leave the market posthaste. Both sites announced their intentions… Read more »
DraftKings and FanDuel refuse to go gently into that good night. After Illinois Attorney General Lisa Madigan ruled that daily fantasy sports (DFS) equated to illegal gambling under state law, the two DFS industry leaders are gearing up for a fight, rather than withdrawing from the market. Madigan cited a fairly simple-looking section of the… Read more »
Illinois Attorney General Lisa Madigan ruled Wednesday that daily fantasy sports are illegal gambling under current Illinois state law. She did not go so far as to order DFS sites out of the site as New York Attorney General Eric Schneiderman did, but one could probably assume that she would recommend that course of action.… Read more »
Completing a long process, the New York Gaming Commission finally handed out three casino licenses Monday, marking the next milestone in the expansion of land-based gambling in the Empire State. The commercial casinos were authorized by a bill back in 2012, but it took until a year ago for three casinos to finally receive approval.… Read more »
Paysafe Group Plc, parent of e-wallets NETeller and Skrill, has acknowledged that millions of customers had their personal information put at risk during two hacking events in 2009 and 2010. The admission of the hacking comes about a month after the initial revelation of the data breach. A total of 7.8 million Paysafe customers had… Read more »
They say the value of something is whatever someone else is willing to pay for it. All it takes is one person to REALLY want something for the price to skyrocket (well, maybe two people, as only a fool would bid against himself). So when you think of the kitchy dogs playing poker paintings, don’t… Read more »
A British teenager received a minimal punishment for bringing down an online gambling site, though he was also given a stern tongue-lashing from the judge. In early 2014, Max Whitehouse, then 17-years old, initiated a Distributed Denial of Service (DDoS) attack against a European online gambling site. The Nottingham teen created problems for the UK-facing… Read more »
Daily fantasy sports are fun, but the industry in the United States is quickly turning into a mess. Sites are being forced out of individual states, class action lawsuits are being filed, and major sites are being investigated for the legality or potential lack thereof. And now one of the two leading DFS sites is… Read more »
The Athens Banner-Herald reported Monday that Georgia Attorney General Sam Olens said that his office is embarking upon an investigation to determine if daily fantasy sports violate state law. Unlike in New York, it does not sound like Olens is on a crusade to rid his state of the pastime, though only time will tell… Read more »
Daily fantasy sports (DFS) leader FanDuel has decided to exit the New York market, at least temporarily. The move comes a week after New York Attorney General Eric Schneiderman sent FanDuel, based in New York, and DraftKings, based in Boston, cease and desist letters, saying that they were engaging in illegal gambling. The two daily… Read more »
It what should not come as much of a surprise, a New York judge has denied the temporary restraining order daily fantasy sports (DFS) companies FanDuel and DraftKings filed against New York Attorney General Eric Schneiderman. The motions were filed Monday morning and by Monday night, New York Supreme Court Justice Manuel Mendez had shot… Read more »
New York Attorney General Eric Scheiderman announced today that daily fantasy sports (DFS) contests constitute gambling and as such, are illegal in the state. To that end, he has sent a “cease and desist” letter to market leaders DraftKings and FanDuel, telling them that they must stop accepting action from New York players. In a… Read more »
One would not normally consider the day one is handed down a sentence for a crime to be a good one, but for Bryan Micon, it may actually be welcome, as it might allow him to start bringing closure to what has been a tough year. The SealswithClubs founder, who was charged with the illegal… Read more »
The lawsuits keep piling up against daily fantasy sports sites. The latest actually comes from someone who has indirectly benefited from fantasy football, Washington Redskins wide receiver Pierre Garcon. First reported by The Washington Post, Garcon filed a class-action lawsuit against DFS site FanDuel on Friday on behalf of all NFL players. One may wonder… Read more »
Jennifer Harman and John Juanda were announced as the newest members of the Poker Hall of Fame today after nomination, vetting, and voting phases dating back to this summer. They will be inducted on Friday, November 6th at Binion’s Gambling Hall, the former long-time home of the World Series of Poker. Harman and Juanda are… Read more »
I’m not going to go so far as to say that the end is nigh for daily fantasy sports (DFS), but it is not looking good for the young and suddenly extremely popular gaming pastime. On Monday afternoon, yet another shoe dropped, as Amaya Gaming announced that it is pulling its DFS site, StarsDraft, almost… Read more »
Oh good, Senator Harry Reid (D – Nev.) is weighing in on the daily fantasy sports (DFS) “insider trading” scandal. According to NewJersey.com’s John Brennan, the Senate Minority Leader spoke with his colleague, Herb Jackson, to give his two cents on the issue that has been gaining more and more attention in the past week.… Read more »
If fans of online gambling and daily fantasy sports (DFS) hoped that news of the recent “insider trading” scandal would stay contained to niche industry news sites and message boards, they are now sorely disappointed. Mainstream news sites have now caught wind of what has been going on and have jumped on the situation. Even… Read more »
We have heard about the Global Poker League (GPL) from Global Poker Index (GPI) CEO Alexandre Dreyfus before, but really all we have ever heard is that it is part of his plan to “sportify” poker. The GPL was always some blurry thing coming in the future, but never have any details been forthcoming. On… Read more »
After much hype, Poker Central, the world’s only round-the-clock poker television network, will make its debut on Thursday, October 1st. On Tuesday, it announced its inaugural programming lineup. Many of the shows, at least initially, will be pre-existing series that originally aired either in the U.S. or overseas, but Poker Central is developing original programming,… Read more »
Remember when Binion’s in downtown Las Vegas used to be a legendary venue for poker? Now it’s more like Binion’s is a place that people only hear about in legends. The latest piece of evidence in the near-disappearance of poker from Binion’s altogether came yesterday, as the gambling hall announced that it is dropping the… Read more »
