“ When the trust between the police and the communities they serve breaks down, everyone is at risk. ”
The 2006 federal Internet gaming statute is not ambiguous. It does not prohibit gambling on fantasy sports.
~ Eric Schneiderman
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.