Has the Luck Run Out for DraftKings and FanDuel?

On October 23, 2015, in Fantasy Sports, Sports Law Journal, by Nina Friel

by Patrick Doughty* After a tumultuous week, filled with calls for investigations into allegations of insider trading, the other shoe finally dropped for the Daily Fantasy Sports industry (DFS).[1]  On Thursday October 15, the Nevada Gaming Control Board (NGCB) concluded that DFS is gambling, thus subject to the laws and regulations of the State of […]

Use Promo Code “INSIDER TRADING” to Enter: N.Y. Attorney General Investigates DraftKings/FanDuel Scandal

On October 13, 2015, in Fantasy Sports, SELS Blog, by Matthew Weiss

By: Meg Lane* October 13, 2015 The Daily Fantasy Sports (DFS) industry has recently come under fire for a scandal stemming from employee activity akin to insider trading.[1]  The New York attorney general launched an official inquiry on October 6 into the lucrative DFS business, anchored by top companies DraftKings and FanDuel, after reports of […]

All Out Blitz: Daily Fantasy Websites’ Advertising Campaigns Face Scrutiny from All Sides

On October 9, 2015, in Fantasy Sports, Sports Law Journal, by Nina Friel

By William Saldutti* If you have watched any sporting event, especially football, over the past few months, you will have seen them – an onslaught of advertisements from daily fantasy websites DraftKings and FanDuel.  To be exact, you have seen roughly one ad every one-and-a-half minutes promising huge payouts for only one week or one […]

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