Sports Leagues, Investors Now Named in Daily Fantasy Sports Suit
Sports Illustrated is reporting that the latest class action lawsuit involving Daily Fantasy Sports filed in the state of Florida names the National Football League, NBA, Jerry Jones, the Kraft Family and American Express among others.
From Sports Illustrated:
SI.com has learned that early Saturday morning, two Florida-based DFS customers—Antonio Gomez and John Gerecs—e-filed a class action lawsuit in the U.S. District Court for the Southern District of Florida against approximately 50 companies and individuals that have either invested in DFS companies or facilitated DFS gaming.
Specific parties named in the suit are:
The National Basketball Association, Major League Baseball Ventures, National Hockey League Ventures and Major League Soccer
The Kraft Group (owned by New England Patriots owner Robert Kraft), Legends Hospitality (co-owned by Dallas Cowboys owner Jerry Jones and the New York Yankees), and MSG Sports and Entertainment (owned by New York Knicks owner James Dolan)
Turner Sports, Time Warner, NBC Sports Comcast Ventures, 21st Century Fox, Fox Sports Interactive Media
Visa, MasterCard and American Express
J.P. Morgan, Capital One Bank, Google Capital, Piton Capital and Scottish Investment Bank
PayPal, Paysafe and Vantiv (payment processors)
DraftKings, FanDuel and Jason Robins
Attorney Ervin Gonzalez’s “basic theory of liability is that DraftKings and FanDuel have engaged in illegal gambling and deceptive practices under Florida and federal laws and that the banks, leagues and other companies negligently failed to realize that they were investing and partnering with illegal gambling operations,” the SI report notes.
- Aaron Goldstein, Gambling911.com