Daily Fantasy Sports Declared Illegal by New York Attorney General

Daily Fantasy Sports Declared Illegal by New York Attorney General

Brand New York Attorney General Eric Schneiderman was amazed to learn in his research into daily fantasy sports that the leading operators were engaged in deceptive advertising, just one of the many reasons he’s announced industry illegal.

Daily fantasy sports (DFS) is not any longer legal in ny following a study by hawaii’s lead attorney that is legal market leaders DraftKings and FanDuel both receiving cease-and-desist letters on Tuesday.

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

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

Schneiderman unveiled 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 turn that is combative.

The attorney general of course initiated the quarrel, composing in his cease-and-desist letter that ‘customers are clearly placing wagers on events outside of their control or impact,’ citing that the most notable one percent of DFS users are claiming almost all the winnings.

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

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

DraftKings echoed those sentiments, albeit in much more diplomatic manner. ‘We are very&hellip that is disappointed Schneiderman took such hasty action today, particularly since he didn’t just take any moment to comprehend our business or why day-to-day fantasy sports are clearly a game title of ability.’

GOP All Company

Tuesday’s news away from Albany did not 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 avoid them of less dire issues 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 main debate, Schneiderman’s ruling will certainly have nationwide effects.

Christie, who said in October at Bush, ‘Enough on dream football. Let people play, who cares,’ announced this week their 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.

New York is the second state to openly ban DFS in 2015, and many others are deliberating the issue.

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

Writing in the comments area on ESPN, Austin Weber perhaps said it best: ‘ the commercials should be made by them illegal too.’

Controversial Connecticut Casino Expansion Kicks into Gear, Receives Five Site Proposals

Fighting for Connecticut gambling enterprises: Mohegan Tribal Council Chairman Kevin Brown states that the casino concept will preserve thousands of jobs and millions in revenue and he won’t give up without a fight. (Image: elkharttruth.com)

A Connecticut that is planned casino on the state’s north border is progressing, despite a lawsuit by MGM Resorts that’s wanting to snuff it out completely.

Connecticut’s Mashantucket Pequots and Mohegan tribes, that will operate the endeavor jointly should it go ahead, announced this that they had received five site proposals from communities eager to host the casino week. The selected community will be announced month that is next.

Connecticut recently altered its constitution to permit a casino within the north, as a direct challenge to MGM Resorts, which is building an $800 million resort simply across the edge in Springfield, Massachusetts.

Their state can be involved that the rising Massachusetts casino industry, founded through legislation passed away in 2011, will harm footfall through its two debt-heavy gambling enterprises 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 border, by filing a lawsuit demanding that the court that is federal the bill ‘invalid, null, and void in its entirety.’

The casino giant argues that because the two tribes would be the only entities permitted to operate casinos into the state, and since their operations had been until recently restricted to land that is tribal the new proposal constitutes an illegal violation of free enterprise.

In accordance with MGM, Connecticut has afforded the tribes unlawful treatment that is preferential other potential operators, states the lawsuit.

Connecticut counters that any operator is welcome to obtain a casino that is new, but the state could have to pass a brand new law to allow it.

The state also points out that, under the terms of its license with Massachusetts, MGM is forbidden to create a casino within 50 miles associated with the Springfield project, meaning it mayn’t make an application for a license in north Connecticut under Massachusetts gaming legislation even if it wished to.

Connecticut has filed a motion to dismiss the scenario.

‘Overwhelming Response’

Based on a news release from the two tribes, the task has received the five proposals from the communities of East Hartford, East Windsor, Hartford and Windsor Locks (which submitted two).

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

‘Our mission has not changed. We want this facility that is new be positioned in a community that wishes us there and values the jobs and revenue we’ll bring.’

‘This process started initially to preserve thousands of jobs and millions in income which will leave [Connecticut], the losing which MGM has over and over repeatedly acknowledged is necessary 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 specific period complete, we can now 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 activities scandal that is betting the MBL’s anti-gambling stance. (image: Wikipedia.org)

Major League Baseball has become 1st US sports league to use a sports integrity monitor to guard against match-fixing.

The league announced this week that it had inked a deal that is multi-year London-based firm SportIM for an undisclosed amount of money.

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

The business, which currently offers its services towards the English Premier League along with other soccer leagues across Europe, monitors millions of live and pre-match odds across numerous sports each day, conducting time that is real of threats.

‘This new expanded monitoring program will assist keep baseball during the forefront of security innovation once 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.

Preventative Measures

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

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

There have been no recent indications of any try to fix MLB matches, even though the consequence of the aforementioned 1919 World Series involving the Chicago White Sox as well as 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 betting stance ended up being reinforced, needless to say, by the Pete Rose scandal into the late eighties, in which Cincinnati Reds coach Rose admitted to betting on games illegally while he’d been responsible for the team.

Anti-gambling Stance

The league remains opposed to New Jersey’s ambition to legalize sports betting within its borders. In a 2012 testimony for the latest Jersey sports betting case, MLB commissioner Bud Selig said gambling had been ‘the deadliest of all items that can happen.’

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

While baseball has been evidently free of manipulation in present times, soccer has had its share that is fair of scandals, notably within the European lower leagues.

The rise of real time, in-play proposition betting, where you are able to bet on almost every component of a match, from the coin toss at the start of a soccer match to the quantity of strikes in a baseball game, has made the exploitation among these seemingly innocuous moments increasingly feasible in the last few years, and criminal gambling syndicates, often based in china and taiwan, are cashing in.

While in-play betting is only legitimately available to Americans in particular sports books Nevada, a vast amount of cash is wagered on illegal markets through the entire world, and it could be that SportIM’s data crunchers come up with some uncomfortable surprises.