Daily Fantasy Sports Declared Illegal by Ny Attorney General

New York Attorney General Eric Schneiderman was amazed to see in his investigation into daily fantasy sports that the key operators were engaged in deceptive marketing, just one of the many reasons he’s declared industry illegal.

Day-to-day fantasy sports (DFS) is no longer legal in ny following an investigation by their state’s lead attorney that is legal market leaders DraftKings and FanDuel both getting cease-and-desist letters on Tuesday.

‘Our investigation has found that, unlike traditional fantasy sports, daily fantasy activities companies are involved in illegal gambling,’ nyc Attorney General Eric Schneiderman said in a press launch.

‘Daily fantasy 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 meant to evade the law and fleece sports fans around the world.’

Schneiderman unveiled his office found DFS operators engaging in ‘deceptive advertising to lure consumers into an online that is unregulated gambling,’ but said that training 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, writing in his cease-and-desist letter that ‘customers are clearly placing wagers on events outside of their control or influence,’ citing that the most truly effective one percent of DFS users are claiming almost all the winnings.

FanDuel wasted no 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 nation,’ the company said in a declaration. ‘After the attorney general realized he could now get himself some press coverage, he decided a game that has been around for a long, number of years is suddenly no longer legal.’

DraftKings echoed those sentiments, albeit in much more manner that is diplomatic. ‘We are very&hellip that is disappointed Schneiderman took such hasty action today, particularly since he failed to just take any time to understand our company or why daily fantasy sports are clearly a casino game of ability.’

GOP All Business

Tuesday’s news away from Albany did not make its method to Wisconsin for the fifth Republican debate, the eight contenders focusing on the economy, immigration, and nationwide security and opting to avoid them of less dire issues like daily fantasy sports.

While there ended up being 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 consequences.

Christie, who said in October at Bush, ‘Enough on fantasy soccer. 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 may be the state that is second openly ban DFS in 2015, and many 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 may also force sports that are major with direct ties to the leading DFS platforms to reconsider their positions.

Composing in the comments section on ESPN, Austin Weber perhaps said it most readily useful: ‘They should make the commercials illegal too.’

Controversial Connecticut Casino Expansion Kicks into Gear, Receives Five proposals that are site

Fighting for Connecticut gambling enterprises: Mohegan Tribal Council Chairman Kevin Brown says that the casino concept will protect thousands of jobs and millions in revenue and he won’t give up without a fight. (Image: elkharttruth.com)

A planned Connecticut casino expansion on hawaii’s north edge is progressing, despite case by MGM Resorts that’s seeking to snuff it down completely.

Connecticut’s Mashantucket Pequots and Mohegan tribes, which will run the endeavor jointly should it go ahead, announced this that they had received five site proposals from communities eager to host the casino week. The opted for community will be announced next month.

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

The state is worried that the appearing Massachusetts casino industry, established through legislation passed in 2011, will damage footfall through its two debt-heavy gambling enterprises into the south. Foxwoods and Mohegan Sun are operated by the Mashantucket Pequots and Mohegans, correspondingly.

MGM Sues

MGM has fired a salvo of shots back across the border, 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 would be the only entities permitted to use casinos into the state, and since their operations were until recently restricted to land that is tribal the brand new proposal constitutes an illegal breach of free enterprise.

In accordance with MGM, Connecticut has afforded the tribes illegal preferential treatment over other potential operators, states the lawsuit.

Connecticut counters that any operator is welcome to obtain a casino that is new, but the state could have to pass a fresh law to allow it.

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

Connecticut has filed a motion to dismiss the situation.

‘Overwhelming Response’

In accordance with a news 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’ve received since releasing the RFP has been overwhelming,’ said Rodney Butler, president for the Mashantucket Pequot Tribal Council.

‘Our mission hasn’t changed. We want this facility that is new be situated in a community that desires us here and values the jobs and revenue we’ll bring.’

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

‘ As members of communities with deep ties for this state, we’re simply not going to let that happen without a fight. With this particular stage complete, we are now able to begin to engage parties that are interested conserve Connecticut jobs.’

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

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

Major League Baseball is now the initial US sports league to use a sports integrity monitor to guard against match-fixing.

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

Sports integrity firms like SportIM work with recreations leagues, governing bodies and bookmakers around the globe observe suspicious activities in regulated and unregulated gambling markets, acting as a warning that is early against match manipulation.

The business, which currently offers its services to the English Premier League along with other soccer leagues across Europe, monitors millions of live and pre-match odds across multiple sporting events each day, performing time that is real of threats.

‘This new expanded monitoring program will help keep baseball at the forefront of security innovation while the global interest in baseball grows and fans in the us 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 event that is specific1919 World Series anyone?), but rather by ‘an abundance of care.’

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

There have been no recent indications of any attempt to fix MLB matches, even though the outcome of the aforementioned 1919 World Series between the Chicago White Sox therefore the Cincinnati Reds is believed to possess 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, in 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 compared to New Jersey’s ambition to legalize sports wagering within its borders. In a 2012 testimony for the newest Jersey activities case that is betting MLB commissioner Bud Selig said gambling had been ‘the deadliest of all things that can happen.’

‘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 within the European lower leagues.

The rise of real time, in-play proposition betting, where you can bet on almost every part 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 of these seemingly innocuous moments increasingly feasible in modern times, and criminal gambling syndicates, often based in china and taiwan, are cashing in.

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