Daily Fantasy Sports Declared Illegal by Nyc Attorney General

New York Attorney General Eric Schneiderman had been amazed to find in his research into daily fantasy sports that the leading operators were engaged in deceptive marketing, simply one of the multiple reasons he’s declared the marketplace illegal.

Daily fantasy sports (DFS) is not any longer legal in New York following a study by the state’s lead legal lawyer, market leaders DraftKings and FanDuel both receiving cease-and-desist letters on Tuesday.

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

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

Schneiderman revealed his office found DFS operators engaging in ‘deceptive advertising to lure customers into an online that is unregulated gambling,’ but stated 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 change.

The attorney general of course initiated the quarrel, composing in his letter that is cease-and-desist that are clearly placing bets on events outside of their control or influence,’ citi Continue reading

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PartyPoker Grabs Early Edge in New Jersey On The Web Gambling Marketplace

PartyPoker and their land video gaming partner Borgata Casino are surging into very first place within the New Jersey online gaming market

Remember the full days when you could not go more than 10 minutes without seeing a PartyPoker ad on your tv? It is been a very long time since PartyPoker ruled the airways and the United States Of America online poker market but it appears as though it may be taking place again, albeit on a smaller and now legal and regulated scale.

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