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New York court rules that daily fantasy sports is gambling

New York court rules that daily fantasy sports is gamblingReading Time: 1 minute

 

The future of daily fantasy sports in New York is uncertain after the state Supreme Court ruled the games are gambling and violate the state’s constitution, the Rochester Democrat and Chronicle reported.

The New York State Supreme Court Justice Gerald Connolly has categorically ruled that daily fantasy sports (DFS) is indeed a form a gambling as per the state’s 2016 law.  The court, however, stated that legislators can amend the law to take daily fantasy sports out of the penal code.

The court rejected DFS operators’ argument that the DFS contests are games of skill, not gambling.

The ruling, unless it is appealed, will affect the DFS operations of major companies such as DraftKings and FanDuel.


Source: Latest News on European Gaming Media Network

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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