Daily Fantasy Sports Declared Illegal by New York Attorney General

New York Attorney General Eric Schneiderman had been astonished to discover in his investigation into daily fantasy sports that the leading operators were engaged in deceptive marketing, just one of the many and varied reasons he’s announced the market illegal.

Day-to-day fantasy sports (DFS) is no further legal in nyc following an investigation by their 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 activities, daily fantasy activities companies are involved in illegal gambling,’ nyc Attorney General Eric Schneiderman said in a press launch.

‘Daily dream sports is neither victimless nor harmless, which is clear that DraftKings and FanDuel are the leaders of the massive, multi-billion-dollar scheme intended to evade the legislation and fleece sports fans in the united states.’

Schneiderman revealed his office found DFS operators engaging in ‘deceptive marketing to lure customers into an online that is unregulated gambling,’ but stated that practice wouldn’t carry on his watch.

Sides Square Off

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

The attorney general of course initiated the quarrel, writing in his letter that is cease-and-desist that are clearly placing bets on occasions outside of their control or impact,’ citing that the utmost effective one percent of DFS users are claiming almost all the winnings.

FanDuel wasted no right time in firing back at the attorney general.

‘This is a politician telling hundreds of thousands of New Yorkers they are not allowed to play a game title they love and share with buddies, household, coworkers and players over the nation,’ the company said in a statement. ‘After the attorney general realized he could now get himself some press coverage, he decided a game that’s been around for a long, long time is suddenly now not legal.’

DraftKings echoed those sentiments, albeit in much more manner that is diplomatic. ‘we have been very disappointed … Schneiderman took such hasty action today, particularly since he would not just take any moment to understand our company or why daily dream sports are clearly a game of skill.’

GOP All Company

Tuesday’s news away from Albany don’t make its option to Wisconsin for the 5th Republican debate, the eight contenders focusing on the economy, immigration, and security that is national opting to stay away of less serious problems like daily fantasy sports.

While there was no bombshell back-and-forth on DFS between former Florida Governor Jeb Bush and New Jersey Gov. Chris Christie, the latter not qualifying for the key debate, Schneiderman’s ruling will certainly have nationwide consequences.

Christie, who said in October at Bush, ‘Enough on dream football. Let people play, who cares,’ announced this his state wouldn’t weigh-in on DFS until New Jersey’s lawsuit regarding its wishes to legalize sports betting reaches a verdict sometime in 2016 week.

Nyc could be the 2nd state to openly ban DFS in 2015, and many others are currently deliberating the issue.

The Empire State moving to outlaw DraftKings and FanDuel could prompt others to join in on prohibiting the controversial market. It might also force major sports leagues with direct ties to your leading DFS platforms to reconsider their positions.

Writing in the comments part on ESPN, Austin Weber perhaps said it most readily useful: ‘They should result in the commercials unlawful too.’

Controversial Connecticut Casino Expansion Kicks into Gear, Receives Five proposals that are site

Fighting for Connecticut casinos: Mohegan Tribal Council Chairman Kevin Brown states that the casino concept shall protect thousands of jobs and millions in revenue and he will not give up without having a fight. (Image: elkharttruth.com)

A planned Connecticut casino expansion on their state’s northern border is progressing, despite a lawsuit by MGM Resorts that’s wanting to snuff it down completely.

Connecticut’s Mashantucket Pequots and Mohegan tribes, that may run the venture jointly should it go ahead, announced this week which they had received five site proposals from communities eager to host the casino. The opted for community will be announced next month.

Connecticut recently altered its constitution to permit a casino into the north, as a challenge that is direct MGM Resorts, which is building an $800 million resort just over the border in Springfield, Massachusetts.

Their state is concerned that the Massachusetts that is emerging casino, established through legislation passed away in 2011, will harm footfall through its two debt-heavy casinos within the south. Foxwoods and Mohegan Sun are operated by the Mashantucket Pequots and Mohegans, correspondingly.

MGM Sues

MGM has fired a salvo of shots back across the edge, by filing a lawsuit demanding that a court that is federal the bill ‘invalid, null, and void in its entirety.’

The casino giant argues that because the two tribes will be the only entities permitted to use casinos within the state, and since their operations had been until recently restricted to tribal land, the new proposal comprises an illegal breach of free enterprise.

According to MGM, Connecticut has afforded the tribes illegal preferential treatment over other potential operators, states the lawsuit.

Connecticut counters that any operator is welcome to apply for a brand new casino license, but the state would have to pass a brand new law to allow it.

The state additionally points out that, under the regards to its permit with Massachusetts, MGM is forbidden to build a casino within 50 miles of this Springfield project, this means it mayn’t submit an application for a license in north Connecticut under Massachusetts gaming legislation also if it desired to.

Connecticut has filed a motion to dismiss the scenario.

‘Overwhelming Response’

According to a pr release from the two tribes, the task has received the five proposals from the grouped communities of East Hartford, East Windsor, Hartford and Windsor Locks (which submitted two).

‘The response we have received since releasing the RFP has been overwhelming,’ said Rodney Butler, chairman regarding the Mashantucket Pequot Tribal Council.

‘Our mission has not changed. We want this brand new facility to be based in a community that wants us here and values the jobs and revenue we’ll bring.’

‘This process started initially to preserve thousands of jobs and millions in revenue which will leave [Connecticut], the loss in which MGM has over and over repeatedly acknowledged is essential to make their project in Springfield a success,’ added Mohegan Tribal Council Chairman Kevin Brown.

‘ As members of communities with deep ties to this continuing state, we’re simply not going to let that happen without a fight. With this particular stage complete, we is now able to begin to engage interested parties and conserve Connecticut jobs.’

MLB Strikes cope With Anti-Match-Fixing Integrity Firm in a First for US Sports

Pete Rose, whose sports scandal that is betting the MBL’s anti-gambling stance. (image: Wikipedia.org)

Significant League Baseball is becoming initial US sports league to use a sports integrity monitor to guard against match-fixing.

The league announced this week that it had inked a multi-year handle London-based company SportIM for an undisclosed level of money.

Sports integrity firms like SportIM work with activities leagues, governing bodies and bookmakers across the world to monitor suspicious activities in regulated and unregulated wagering markets, acting as a early warning system against match manipulation.

The organization, which already offers its services to the English Premier League as well as other soccer leagues across Europe, monitors millions of live and pre-match odds across numerous sporting events each day, performing real time analysis of threats.

‘This new expanded monitoring program will help keep baseball during the forefront of security innovation as the global curiosity about baseball grows and fans in the usa and beyond move online to follow the action,’ said the integrity monitor in a press release.

Protective Measures

The MLB stated the deal was not prompted by any specific event (1919 World Series anyone?), but alternatively by ‘an abundance of care.’

‘Given how important integrity would be to sports, the price we’re paying is well beneficial even if we have actually no reason to think there is any gambling going on,’ explained Dan Halem, MLB’s main officer that is legal.

There have been no recent indications of any attempt to fix MLB matches, even though the results of the aforementioned 1919 World Series involving the Chicago White Sox therefore the Cincinnati Reds is believed to own been manipulated by gangster and gambling kingpin Arnold Rothstein, and it may be that baseball has never quite recovered.

The league’s longstanding anti-sports stance that is betting reinforced, needless to say, by the Pete Rose scandal in the late eighties, by which Cincinnati Reds coach Rose admitted to betting on games illegally while he previously been in control of the group.

Anti-gambling Stance

The league remains opposed to nj-new jersey’s ambition to legalize sports gambling within its borders. In a 2012 testimony for the brand new Jersey sports case that is betting MLB commissioner Bud Selig said gambling was ‘the deadliest of all things that can happen.’

‘It’s evil,’ he said. ‘It creates doubt and destroys your sport.’

While baseball has been evidently free of manipulation in present times, soccer has had its fair share of match-fixing scandals, particularly within the European lower leagues.

The rise of live, in-play proposition betting, where you are able to bet on almost every component of a match, from the coin toss at the beginning of a soccer match to the amount of hits in a baseball game, has made the exploitation of the seemingly innocuous moments increasingly possible in recent years, and criminal gambling syndicates, often based in cina, are cashing in.

While in-play betting is just legally available to Americans in specific sports books Nevada, a vast amount of cash is wagered on unlawful markets through the world, and it may be that SportIM’s data crunchers come up with a few uncomfortable surprises.


Leave a Reply

Your email address will not be published. Required fields are marked *


We use cookies to give you the best online experience. By using our website you accept our Cookie Policy and Privacy Policy, which we encourage you to review.

Dismiss Privacy Settings
Close Bitnami banner