• DFS Decided to Be Illegal by Illinois Attorney General

    06 January 2016


    Daily fantasy sports providers have been hit left and right by unfavorable opinions by Attorneys General lately, and the one from Illinois just adds to that list. Illinois AG Lisa Madigan gave her opinion lately that DFS is illegal in the state after being prompted to the question by figures in the legislature. This is an interesting way to get to this opinion, however, considering that the AG in New York recently did the same thing, except he did it of his own volition.

    What will Happen Next?

    Illinois is being a lot more friendly about the situation than New York. They asked DraftKings and FanDuel to exclude their citizens from their games instead of filing a court injunction, which is what happened in New York. This comes after a state representative, Mike Zalewski, introduced a bill that would tax and regulate the daily fantasy sports industry. A measure with similar aims has been introduced in the state senate as well, and this goes to show that Illinois is working towards regulating the industry instead of trying to outright ban it.

    Recent Action in the DFS Industry

    A lot has been going on for daily fantasy sports lately. Less than two months after the CEO of the Amaya Gaming Group called for the regulation of the industry, we saw that the New York Attorney General took a much more aggressive approach to trying to push DFS out of the state than what we've seen in Illinois. The results of that case are still pending, and it could have a lot of influence on how other states handle the industry.

    Looking to the Future

    Daily fantasy sports absolutely exploded in popularity inside of the past 18 months, and it's not all that surprising that we're seeing pushes towards banning it in certain areas while others are looking for ways to regulate it and benefit from it. This is exactly what's happened with every form of online gambling, and it's exactly what industry experts predicted would happen in this particular industry. The only thing left to do at this point is to see what the environment for the industry looks like after all of the dust has settled and everything is decided on a state-by-state basis.

    Related News

    • 06 February 2016

      Vantiv to Suspend Daily Fantasy Sports Payments

      For the past six months or so, daily fantasy sports have been dealt setback after setback in what seems to be a series of dominoes that are taking their sweet time in falling over. For about 18 months, the top DFS providers got a ton of attention through aggressive marketing tactics and sponsorships and deals with everything from ESPN to major league sports teams. After a scandal broke last fall, they've seen a lot of negative attention as well. The Most Recent Developments Vantiv Inc.

      Read full article
    • 21 January 2016

      Daily Fantasy Sports Not Allowed Says Maryland AG

      Over the past few months, there have been a lot of questions about the legality of daily fantasy sports in multiple states. The Attorney General for New York sent a cease and desist letter to major companies like FanDuel and DraftKings, and they also hit some resistance from the AG in Illinois. Now the Attorney General of Maryland Brian Frosh has stated that it's not allowed under existing laws in the state. Where to Go From Here From here, Frosh has suggested one of two things.

      Read full article
    • 19 January 2016

      Daily Fantasy Sports May or May Not Be Illegal in Texas

      Daily fantasy sports have come under fire in New York from their Attorney General, and the biggest names in the business were forced to make a deal with the AG from Illinois after she determined that the events were illegal in that state as well. The Attorney General in Texas, however, is taking his sweet time with coming out with an opinion on the matter. Why the Delay?

      Read full article