Daily Fantasy Sports Legal
Legal News About Daily Fantasy Sports
Washington Redskins player Pierre Garcon is leading a class action lawsuit for the NFL players against leading Daily Fantasy Sports website FanDuel.
The wide receiver is suing for misuse of players’ names and likenesses without obtaining the proper licensing or permissions. The suit is being filed in federal court in Maryland.
The Fantasy Sports Trade Association (FSTA), seemingly caught off guard by the events of recent weeks confronting the Daily Fantasy Sports industry, is now calling for self-regulation after a handful of state Attorney Generals have launched their own investigation into possible improprieties that include allegations of insider trading and the close association to illegal gambling.
Amaya Gaming, the parent company of PokerStars, has announced it will be ceasing operation of its real money Daily Fantasy Sports contests at its newly acquired StarsDraft brand pending state regulatory reviews.
ATLANTA (Associated Press) -- Georgia Lottery officials are questioning whether the daily fantasy sports industry can legally operate in the state.
LAS VEGAS (Associated Press) — As more states scrutinize the daily fantasy sports industry, the office of Nevada's attorney general said it used DraftKings' own words and online images as evidence the sites qualify as gambling.
Politico is reporting that Daily Fantasy Sports juggernauts FanDuel and DraftKings have begun a massive lobbying blitz in light of a recent scandal that made headlines across the airways last week.
Just days after allegations of potential insider trading at both DraftKings and FanDuel came to light, both companies are now facing a class action suit.
FanDuel, a leading Daily Fantasy Sports company, finds itself front and center of a massive scandal involving possible insider trading.
A DraftKings employee, Ethan Haskell, won $350,000 on that site using what many believe to have been information giving him an unfair advantage.
In a letter to both Daily Fantasy Sports behemoths DraftKing and FanDuel, New York Attorney General Eric T. Schneiderman demanded the names, job titles and descriptions of any employees who aggregate and compile a wide range of data that perhaps could be used to gain a personal advantage — including ownership percentages and pricing algorithms. The companies have until Oct. 15 to respond, according to the New York Times.
Responding to the shocking reports this week that a DraftKings employee had won $350,000 playing on a competing website, quite possibly with insider information, Major League Baseball – which owns a piece of DraftKings - issued the following statement.