fantasy sport gambling

[yellowstang]

Did you know Tom Brady's salary is only $54?

Gisele makes all the money, DUH!

[slow99]

Just think how much those damn sites must be raking in, if they are paying out so many millions a day in fantasy leagues. I've never logged into one, no plans to ever try.

Plus, I'm sick of their damn commercials every NFL game!

They're in the red. It's a 10% vig model but they're giving away tons of free entries and spending way more than that on advertising.

[Pro88LX]

[Unicorn Jeff]

http://www.fox5vegas.com/story/30273465/nevada-gaming-board-sacks-daily-fantasy-sports-sites

[Cobraman]

http://www.fox5vegas.com/story/30273...y-sports-sites

Won $45 last night. You impressed yet?

[mstng86]

New York just told them to stop

http://news.yahoo.com/york-daily-fantasy-sports-stop-000235097.html

[slow99]

Withdraw your money now, it's going down.

[CWO]

It's going to get interesting. I see it going the same way as online poker.

[MattB]

Im about to pull my money out after the NASCAR season is over. Fantasy nascar has been good to be this year on Draftkings. They seem to be the only one doing it.

[CWO]

http://deadspin.com/john-oliver-made-an-honest-daily-fantasy-commercial-1742764279

[mstng86]

right in the middle of fantasy football playoffs????

After DraftKings and FanDuel were ordered to shut down by the state's attorney general, a New York judge has ruled that they cannot offer daily-fantasy contests in the state of New York for the duration of the ongoing case, as first reported by Daniel Wallach.

According to Wallach, DraftKings and FanDuel will both appeal the ruling in the New York Appellate Division and ask for a stay of injunction in order to allow both companies to remain operating throughout the case.

In November, New York Attorney General Eric T. Schneiderman ordered that daily-fantasy-sports websites constituted gambling and were thus illegal.

At the time, Schneiderman called the websites illegal gambling under New York law.

"Our review concludes that DraftKings'/FanDuel's operations constitute illegal gambling under New York law," Schneiderman wrote in a letter.

The attorney general's investigation began after a report surfaced that said employees of the websites were winning a lot of money betting at the rival's website.

Jason Robins, CEO of DraftKings, has said that daily fantasy is not gambling, arguing that it is a game of skill, not chance.

"If you randomly picked a fantasy lineup and played against someone who put thought into it, they would beat you 9 times out of 10, if not more," Robins argued on ESPN. "So [daily fantasy is] pretty different, I think, from sports books where even though there is some advantage that can be had, the edges are so minimal that it is primarily chance-based."

Several other states have also banned daily-fantasy sports to some degree, including Nevada, where DraftKings and FanDuel were order to shut down in October.

The daily-fantasy-sports sites also asked for an expedited trial, which the judge also ruled against.

In an email, DraftKings issued the following statement:

We are disappointed with the Court’s decision, and will immediately file an emergency notice of appeal in order to preserve the status quo.

Daily Fantasy Sports contests have been played legally by New Yorkers for the past seven years and we believe this status quo should be maintained while the litigation plays out.

You can read the full court ruling here.

http://finance.yahoo.com/news/draftkings-fanduel-were-just-dealt-150606721.html

[slow99]

Where are they gonna invest??

[Chili]

It was just a matter of time..

[BigTitan21]

Game on.......

http://espn.go.com/chalk/story/_/id/...ating-new-york

[mstng86]

"Friday's ruling does not negate the interpretation made by Mendez that DraftKings and FanDuel were illegally operating within the state."

Then why let them continue operating?