Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Daily fantasy outlawed in Nevada for being unlicensed gambling
Source: ESPN
Daily fantasy outlawed in Nevada for being unlicensed gambling
David Purdum, ESPN Staff Writer
Nevada, the state most known for gambling, ruled Thursday that daily fantasy sports is a form of gambling and will require a license to operate in the state.
A.G. Burnett, chairman of the Nevada Gaming Control Board, said all unlicensed daily fantasy activities must cease and desist as of Thursday. Operators could be invited to apply for a gaming license. Those who do not comply could face felony fines and 10 years in prison.
"We are saying that daily fantasy sports are a gambling game under the statutory definition," Burnett told ESPN on Thursday night. "We're also saying that these are sports pools, which is when someone is in the business of accepting wagers on sporting events through any system or method of wagering. We have found that it is a wager, and obviously, it's on a sporting event, and DFS companies are in the business of accepting those wagers."
FanDuel and DraftKings, the two most prominent daily fantasy operators, did not immediately respond to requests for comment.
[font size=1]-snip-[/font]
David Purdum, ESPN Staff Writer
Nevada, the state most known for gambling, ruled Thursday that daily fantasy sports is a form of gambling and will require a license to operate in the state.
A.G. Burnett, chairman of the Nevada Gaming Control Board, said all unlicensed daily fantasy activities must cease and desist as of Thursday. Operators could be invited to apply for a gaming license. Those who do not comply could face felony fines and 10 years in prison.
"We are saying that daily fantasy sports are a gambling game under the statutory definition," Burnett told ESPN on Thursday night. "We're also saying that these are sports pools, which is when someone is in the business of accepting wagers on sporting events through any system or method of wagering. We have found that it is a wager, and obviously, it's on a sporting event, and DFS companies are in the business of accepting those wagers."
FanDuel and DraftKings, the two most prominent daily fantasy operators, did not immediately respond to requests for comment.
[font size=1]-snip-[/font]
Read more: http://espn.go.com/chalk/story/_/id/13897401/daily-fantasy-outlawed-nevada-gaming-control-board-being-unlicensed-gambling
