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26 Фев

Daily Fantasy Sports Declared Illegal by New York Attorney General



New York Attorney General Eric Schneiderman had been astonished to learn in his research into daily fantasy sports that the key operators were engaged in deceptive advertising, simply one of the reasons that are many’s declared the marketplace illegal.

Day-to-day fantasy sports (DFS) is no further legal in ny following an investigation by the state’s lead legal lawyer, market leaders DraftKings and FanDuel both getting cease-and-desist letters on Tuesday.

‘Our investigation has found that, unlike traditional fantasy sports, daily fantasy activities companies are engaged in illegal gambling,’ nyc Attorney General Eric Schneiderman said in a press launch.

‘Daily dream sports is neither victimless nor harmless, and it’s also clear that DraftKings and FanDuel are the leaders of a massive, multi-billion-dollar scheme designed to evade the legislation and fleece sports fans around the world.’

Schneiderman unveiled his office found DFS operators engaging in ‘deceptive advertising to lure consumers into an unregulated online gambling procedure,’ but said that training wouldn’t continue on his watch.

Sides Square Off

The confrontation between Schneiderman and the two leading daily fantasy operators has quickly taken an ugly and combative turn.

The attorney general of course initiated the quarrel, writing in his cease-and-desist letter that ‘customers are clearly placing wagers on occasions outside of their control or i Читать далее