Daily Fantasy Sports Declared Illegal by Nyc Attorney General

Brand New York Attorney General Eric Schneiderman had been surprised to discover in his investigation into daily fantasy sports that the key operators were engaged in deceptive marketing, simply one of the reasons that are many’s declared industry illegal.

Day-to-day fantasy sports (DFS) is no more legal in New York following an investigation by the state’s lead legal attorney, market leaders DraftKings and FanDuel both receiving cease-and-desist letters on Tuesday.

‘Our investigation has found that, unlike traditional fantasy activities, daily fantasy activities companies are engaged in illegal gambling,’ nyc 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 a 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 consumers 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 occasions outside of their control or influence,’ citing that the most notable 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 they love and share with friends, family, coworkers and players across the national nation,’ the company said in a declaration. ‘After the attorney general realized he could now get himself some press coverage, he decided a game which has been around for a long, long time is suddenly no longer legal.’

DraftKings echoed those sentiments, albeit in much more diplomatic manner. ‘Our company is really disappointed … Schneiderman took such hasty action today, particularly since he did not simply take any time to comprehend our company or why day-to-day fantasy sports are clearly a game title of ability.’

GOP All Business

Tuesday’s news away from Albany don’t make its method to Wisconsin for the fifth Republican debate, the eight contenders focusing on the economy, immigration, and security that is national opting to avoid them of less dire dilemmas like day-to-day fantasy sports.

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

Christie, who said in at Bush, ‘Enough on fantasy football october. 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.

New York could be the state that is second openly ban DFS in 2015, and lots of other people are deliberating the issue.

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

Writing in the comments area on ESPN, Austin Weber possibly said it most readily useful: ‘They should make the commercials unlawful too.’

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

Fighting for Connecticut gambling enterprises: Mohegan Tribal Council Chairman Kevin Brown claims that the casino concept will preserve thousands of jobs and millions in revenue and he will not give up with out a fight. (Image: elkharttruth.com)

A Connecticut that is planned casino on the state’s northern edge is progressing, despite case by MGM Resorts that’s seeking to snuff it out 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 chosen community will be announced month that is next.

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

Their state can be involved that the emerging Massachusetts casino industry, founded through legislation passed in 2011, will damage footfall through its two debt-heavy gambling enterprises in the south. Foxwoods and Mohegan Sun are operated by the Mashantucket Pequots and Mohegans, respectively.

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 are the only entities permitted to operate casinos into the state, and since their operations were until recently restricted to tribal land, the brand new proposal constitutes an illegal breach of free enterprise.

Based on MGM, Connecticut has afforded the tribes unlawful preferential treatment over other potential operators, states the lawsuit.

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

The state additionally points out that, under the terms of Massachusetts, MGM to its license is forbidden to create a casino within 50 miles regarding the Springfield project, which means it couldn’t make an application for a license in north Connecticut under Massachusetts gaming law also if it desired to.

Connecticut has filed a motion to dismiss the way it is.

‘Overwhelming Response’

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

‘The response we’ve gotten 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 facility that is new be situated in a community that wishes us there and values the jobs and revenue we’ll bring.’

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

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

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

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

Significant League Baseball is now the initial US sports league to use a sports integrity monitor to protect from match-fixing.

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

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

The business, which currently offers its services to your English Premier League and other soccer leagues across Europe, monitors millions of live and pre-match odds across numerous sporting events each day, conducting real time analysis of threats.

‘This new monitoring that is expanded will help keep baseball during the forefront of security innovation since the global desire for baseball grows and fans in the United States and beyond move online to follow the action,’ said the integrity monitor in a press release.

Precautionary Measures

The MLB said the deal wasn’t prompted by any specific event (1919 World Series anyone?), but alternatively by ‘an abundance of caution.’

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

There have been no recent indications of any attempt to fix MLB matches, although the result of the aforementioned 1919 World Series between your Chicago White Sox while the Cincinnati Reds is thought to have 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 was reinforced, needless to say, by the Pete Rose scandal within the late eighties, by which Cincinnati Reds coach Rose admitted to betting on games illegally while he previously been responsible for the group.

Anti-gambling Stance

The league remains compared to nj’s ambition to legalize sports wagering within its borders. In a 2012 testimony for the latest Jersey sports case that is betting MLB commissioner Bud Selig said gambling ended up being ‘the deadliest of all items that can occur.’

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

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

The rise of live, in-play proposition betting, where you can bet on almost every element of a match, from the coin toss at the beginning of a soccer match to the quantity of strikes in a baseball game, has made the exploitation of the seemingly innocuous moments increasingly possible in modern times, and criminal gambling syndicates, often based in cina, are cashing in.

A vast amount of money is wagered on illegal markets throughout the world, and it could be that SportIM’s data crunchers come up with some uncomfortable surprises while in-play betting is only legally available to Americans in certain sports books Nevada.

Book Now