Our investigation has found that, unlike traditional fantasy sports, daily fantasy sports companies are engaged in illegal gambling under New York law, causing the same kinds of social and economic harms as other forms of illegal gambling and misleading New York consumers.
Any fool can make a rule And any fool will mind it.
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Henry David Thoreau
An age cannot bind itself and ordain to put the succeeding one into such a condition that it cannot extend its (at best very occasional) knowledge , purify itself of errors, and progress in general enlightenment. That would be a crime against human nature, the...
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Immanuel Kant
It’s not the drug that causes the junkie it’s the laws that causes the junkie because of course the drug laws means that he can’t go and get help because he is afraid of being arrested. He also can’t have a normal life because the...
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Stefan Molyneux
God judges men from the inside out; men judge men from the outside in. Perhaps to God, an extreme mental patient is doing quite well in going a month without murder, for he fought his chemical imbalance and succeeded; oppositely, perhaps the healthy, able and...
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Criss Jami
Congress shall make no law abridging the freedom of production and trade...
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Ayn Rand
More Quotes By Eric Schneiderman
The 2006 federal Internet gaming statute is not ambiguous. It does not prohibit gambling on fantasy sports.
Our investigation has found that, unlike traditional fantasy sports, daily fantasy sports companies are engaged in illegal gambling under New York law, causing the same kinds of social and economic harms as other forms of illegal gambling and misleading New York consumers.
Daily fantasy sports is neither victimless nor harmless, and it is clear that DraftKings and FanDuel are the leaders of a massive, multi-billion-dollar scheme intended to evade the law and fleece sports fans across the country.
Daily fantasy sports is much closer to online poker than it is to traditional fantasy sports.
Unlike most traditional, season-long fantasy sports sites, which make most of their money from administrative fees and advertising, FanDuel and DraftKings take a cut of every bet. That is what bookies do, and it is illegal in New York.
