Daily Fantasy Sports Declared Illegal by Ny Attorney General

Daily Fantasy Sports Declared Illegal by Ny Attorney General

New York Attorney General Eric Schneiderman ended up being amazed to see 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 market unlawful.

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

‘Our investigation has found that, unlike traditional fantasy recreations, daily fantasy recreations companies are involved in illegal gambling,’ New York 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 the massive, multi-billion-dollar scheme designed to evade the law and fleece sports fans across the country.’

Schneiderman unveiled his office found DFS operators engaging in ‘deceptive marketing to lure customers into an unregulated online gambling procedure,’ but stated that training wouldn’t keep 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, writing in his cease-and-desist letter that ‘customers are clearly placing bets on occasions 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 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 country,’ 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. ‘Our company is really disappointed … Schneiderman took such hasty action today, particularly since he didn’t just take any moment to know our company or why daily fantasy sports are clearly a casino game of ability.’

GOP All Business

Tuesday’s news out of Albany don’t make its solution to Wisconsin for the fifth Republican debate, the eight contenders focusing on the economy, immigration, and security that is national opting to steer clear of less serious 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 national effects.

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.

Ny could be the 2nd state to openly ban DFS in 2015, and lots of other people 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 could also force sports that are major with direct ties to your leading DFS platforms to reconsider their positions.

Writing in the comments section on ESPN, Austin Weber possibly said it best: ‘They should make 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 preserve thousands of jobs and millions in revenue and he won’t give up with no fight. (Image: elkharttruth.com)

A planned Connecticut casino expansion on their state’s north edge 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 operate the endeavor jointly should it go ahead, announced this week that they had received five site proposals from communities desperate 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 throughout the border in Springfield, Massachusetts.

The state can be involved that the emerging Massachusetts casino industry, established through legislation passed away in 2011, will damage footfall through its two debt-heavy gambling enterprises within 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 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 use casinos into the state, and since their operations were until recently restricted to tribal land, the new proposal comprises an illegal breach of free enterprise.

Based on 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 make application for a casino that is new, but the state might have to pass a fresh law to allow it.

The state also points out that, under the terms of its license with Massachusetts, MGM is forbidden to build a casino within 50 miles for the Springfield task, this means it mayn’t make an application for a license in north Connecticut under Massachusetts gaming law even if it wanted to.

Connecticut has filed a motion to dismiss the case.

‘Overwhelming Response’

According to a pr release from the two tribes, the project 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, president associated with the Mashantucket Pequot Tribal Council.

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

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

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

MLB Strikes Deal 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 became the initial US sports league to use a sports integrity monitor to protect well from match-fixing.

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

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

The business, which already provides its services to your English Premier League as well as other soccer leagues across Europe, monitors millions of live and pre-match odds across multiple sporting events each day, conducting time that is real of threats.

‘This new expanded monitoring program will assist keep baseball at the forefront of security innovation due to the fact global interest in baseball grows and fans in the usa and beyond move online to follow the action,’ said the integrity monitor in a press release.

Precautionary Measures

The MLB said the deal was not prompted by any event that is specific1919 World Series anyone?), but alternatively by ‘an abundance of caution.’

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

There have been no recent indications of any attempt to fix MLB matches, although the outcome of the aforementioned 1919 World Series between the Chicago White Sox as well as 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 ended up being reinforced, of course, by the Pete Rose scandal within the late eighties, by which Cincinnati Reds coach Rose admitted to betting on games illegally while he’d been in charge of the group.

Anti-gambling Stance

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

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

While baseball has been evidently free of manipulation in modern times, soccer has had its share that is fair of scandals, particularly in 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 start of a soccer match to the total amount of strikes in a baseball game, has made the exploitation among these seemingly innocuous moments increasingly feasible in recent years, and criminal gambling syndicates, often situated in china and taiwan, are cashing in.

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

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