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Feds investigating Draft Kings, FanDuel, etc; time to pull your money from daily fantasy sports sites?


Posted On: October 23, 2015 | By Tamara N. Holder

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Twitter: @tamaraholder
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Illegaly fantasy? Darren Heitner joins Tamara Holder on Fox News Sports Court

Illegaly fantasy? Darren Heitner joins Tamara Holder on Fox News Sports Court

October has been a helluva month for daily fantasy sites. Earlier this month an employee of DraftKings was accused of insider training after winning $350,000 on competitor FanDuel’s site. Then Nevada said that fantasy sports sites operating there were conducting gambling and thus needed to get gambling licenses to continue to operate; the Wynn also cancelled a huge fantasy convention. Then we learned the FBI and multiple state attorneys general, including New York and Florida were investigating the legality of daily fantasy sites. And to add a nail in the coffin, it was reported that NFL teams may be pulling their advertising dollars from FanDuel and DraftKings.


Categories: FANTASY FOOTBALL | FANTASY SPORTS | MLB | NBA | NCAA | NFL | SPORTS COURT on FNC | Tamara N. Holder | THE STARTING LINEUP

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