New York Attorney General Eric Schneiderman was amazed to uncover in his research into daily fantasy sports that the key operators were engaged in deceptive advertising, simply one of the reasons that are many’s declared the market illegal.
Daily fantasy sports (DFS) is not any longer legal in ny following an investigation by the state’s lead legal lawyer, market leaders DraftKings and FanDuel both getting cease-and-desist letters on Tuesday.
‚Our investigation has found that, unlike traditional fantasy activities, daily fantasy activities companies are engaged in illegal gambling,‘ nyc Attorney General Eric Schneiderman said in a press release.
‚Daily dream sports is neither victimless nor harmless, which is clear that DraftKings and FanDuel are the leaders of the massive, multi-billion-dollar scheme meant to evade the law and fleece sports fans in the united states.‘
Schneiderman revealed his office found DFS operators engaging in ‚deceptive marketing to lure consumers into an unregulated online gambling procedure,‘ but stated that practice 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, composing in his letter that is cease-and-desist that are clearly placing wagers on occasions outside of their control or influence,‘ citi „Daily Fantasy Sports Declared Illegal by New York Attorney General“ weiterlesen