Fantasy Sports

Nov 11, 2015 09:01

I play fantasy baseball (Rotisserie style) and have for thirty years. I make no secret of it, nor of the fact that we play for money.

In light of NYS AG Eric Schneiderman shutting down DraftKings and FanDuel in NY because he has determined that they are in fact wagering, rather than games of skill, I thought I'd note something I've thought about ( Read more... )

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redaxe November 13 2015, 14:01:51 UTC
I think some of it is specifically NY State's laws. I was listening to WCBS-AM's legal consultant on the subject the other day, and he made the point that the bar between games of skill and games of chance is unusually high (or possibly low) in NY, to the point where poker, generally considered a game of skill (if any gambling game is), is legally a game of chance in NY. IANAL, but that seems like it puts one-day fantasy in the same league (pardon the expression). It will inevitably play out in the courts, unless one side sees an overwhelming advantage and they settle, of course.

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