New York Attorney General Eric Schneiderman was surprised to find out in his investigation into daily fantasy sports that the leading operators were engaged in deceptive marketing, just one of the reasons that are many’s announced the market illegal.
Daily fantasy sports (DFS) is no further legal in nyc following an investigation by the state’s lead attorney that is legal market leaders DraftKings and FanDuel both receiving cease-and-desist letters on Tuesday.
‘Our investigation has found that, unlike traditional fantasy recreations, daily fantasy recreations companies are involved in illegal gambling,’ nyc Attorney General Eric Schneiderman said in a press release.
‘Daily dream sports is neither victimless nor harmless, which is clear that DraftKings and FanDuel are the leaders of a massive, multi-billion-dollar scheme designed to evade the law and fleece sports fans around the world.’
Schneiderman revealed his office found DFS operators engaging in ‘deceptive marketing to lure consumers into an online that is unregulated gambling,’ but said that training wouldn’t continue on his watch.
Sides Square Off
The confrontation between Schneiderman and the two leading daily fantasy operators has quickly taken an ugly and combative change.
The attorney general of course initiated the quarrel, composing in his letter that is cease-and-desist that are clearly placing bets on occasions outside of their control or impact,’ citing that the most notable one percent of DFS users are claiming almost all the winnings.
FanDuel wasted no right time in firing back during the attorney general.
‘This will be a politician telling thousands of New Yorkers they are not allowed to play a casino game they love and share with buddies, household, coworkers and players over the nation,’ the company said in a statement. ‘After the attorney general realized he could now get himself some press coverage, he decided a game that’s been around for a long, very long time is suddenly not legal.’
DraftKings echoed those sentiments, albeit in much more diplomatic manner. ‘We are extremely disappointed … Schneiderman took such hasty action today, particularly since he would not take any time to understand our business or why daily fantasy sports are clearly a casino game of ability.’
GOP All Business
Tuesday’s news away from Albany didn’t make its way to Wisconsin for the fifth Republican debate, the eight contenders focusing on the economy, immigration, and nationwide security and opting to avoid them of less dire issues like daily fantasy sports.
The latter not qualifying for the main debate, Schneiderman’s ruling will certainly have national consequences while there was no bombshell back-and-forth on DFS between former Florida Governor Jeb Bush and New Jersey Gov. Chris Christie.
Christie, who said in October at Bush, ‘Enough on dream football. Let people play, who cares,’ announced this week his state wouldn’t weigh-in on DFS until New Jersey’s lawsuit regarding its wishes to legalize sports betting reaches a verdict sometime in 2016.
Ny could be the state that is second openly ban DFS in 2015, and several other people are deliberating the issue.
The Empire State moving to outlaw DraftKings and FanDuel could prompt others to join in on prohibiting the controversial market. It might also force sports that are major with direct ties to the leading DFS platforms to reconsider their positions.
Composing in the comments part on ESPN, Austin Weber maybe said it best: ‘They should result in the commercials unlawful too.’
Controversial Connecticut Casino Expansion Kicks into Gear, Receives Five proposals that are site
Fighting for Connecticut gambling enterprises: Mohegan Tribal Council Chairman Kevin Brown states that the casino concept will protect thousands of jobs and millions in revenue and he will not give up without having a fight. (Image: elkharttruth.com)
A planned Connecticut casino expansion on the state’s northern edge is progressing, despite case by MGM Resorts that’s wanting to snuff it out completely.
Connecticut’s Mashantucket Pequots and Mohegan tribes, that will operate the endeavor jointly should it go ahead, announced this week which they had received five site proposals from communities eager to host the casino. The opted for community will be announced next month.
Connecticut recently altered its constitution to permit a casino into the north, as a direct challenge to MGM Resorts, which is building an $800 million resort just over the border in Springfield, Massachusetts.
Their state is concerned that the appearing Massachusetts casino industry, founded through legislation passed away in 2011, will damage footfall through its two debt-heavy gambling enterprises in the south. Foxwoods and Mohegan Sun are operated by the Mashantucket Pequots and Mohegans, respectively.
MGM Sues
MGM has fired a salvo of shots back across the edge, by filing a lawsuit demanding that the court that is federal the bill ‘invalid, null, and void in its entirety.’
The casino giant argues that because the two tribes are the only entities permitted to operate casinos in the state, and since their operations were until recently restricted to tribal land, the new proposal comprises an illegal violation of free enterprise.
Based on MGM, Connecticut has afforded the tribes unlawful preferential treatment over other potential operators, states the lawsuit.
Connecticut counters that any operator is welcome to obtain a brand new casino license, but the state would have to pass a brand new law to allow it.
The state also points out that, under the terms of its permit with Massachusetts, MGM is forbidden to construct a casino within 50 miles for the Springfield task, this means it mightn’t submit an application for a license in north Connecticut under Massachusetts gaming legislation even if it wanted to.
Connecticut has filed a motion to dismiss the situation.
‘Overwhelming Response’
In accordance with a press release from the two tribes, the project has received the five proposals from the communities of East Hartford, East Windsor, Hartford and Windsor Locks (which submitted two).
‘The response we have gotten since releasing the RFP has been overwhelming,’ said Rodney Butler, chairman of this Mashantucket Pequot Tribal Council.
‘Our mission has not changed. We want this new facility to be positioned in a community that desires us here and values the jobs and revenue we’ll bring.’
‘This process began to preserve thousands of jobs and millions in income which will leave [Connecticut], the loss of which MGM has repeatedly acknowledged is necessary to make their project in Springfield a success,’ added Mohegan Tribal Council Chairman Kevin Brown.
‘ As people of communities with deep ties to the state, we’re simply not going to let that happen without a fight. With this particular period complete, we are now able to start to engage interested parties and save Connecticut jobs.’
MLB Strikes Deal With Anti-Match-Fixing Integrity Firm in a First for US Sports
Pete Rose, whose sports scandal that is betting the MBL’s anti-gambling stance. (image: Wikipedia.org)
Major League Baseball is now the initial US sports league to use a sports integrity monitor to protect from match-fixing.
The league announced this week that it had inked a multi-year deal with London-based company SportIM for an undisclosed amount of money.
Sports integrity firms like SportIM work with sports leagues, governing bodies and bookmakers around the globe observe suspicious activities in regulated and unregulated wagering markets, acting as a early caution system against match manipulation.
The organization, which already offers its services to the English Premier League as well as other soccer leagues across Europe, monitors millions of live and pre-match odds across multiple sports each day, performing time that is real of threats.
‘This new expanded monitoring program will help keep baseball during the forefront of security innovation due to the fact global fascination with baseball grows and fans in the usa and beyond move online to follow the action,’ said the integrity monitor in a press release.
Protective Measures
The MLB said the deal was not prompted by any event that is specific1919 World Series anyone?), but instead by ‘an abundance of care.’
‘Given how important integrity would be to sports, the purchase price we’re paying is well worthwhile even if we have actually no explanation to trust there is any gambling happening,’ explained Dan Halem, MLB’s main legal officer.
There have been no recent indications of any attempt to fix MLB matches, even though total results of the aforementioned 1919 World Series between your Chicago White Sox as well as the Cincinnati Reds is believed to possess been manipulated by gangster and gambling kingpin Arnold Rothstein, and it may be that baseball has never quite recovered.
The league’s longstanding anti-sports stance that is betting reinforced, of course, by the Pete Rose scandal into the late eighties, by which Cincinnati Reds coach Rose admitted to wagering on games illegally while he had been in control of the group.
Anti-gambling Stance
The league remains opposed to New Jersey’s ambition to legalize sports gambling within its borders. In a 2012 testimony for this new Jersey activities betting case, MLB commissioner Bud Selig said gambling ended up being ‘the deadliest of all items that can occur.’
‘It’s evil,’ he stated. ‘It creates doubt and destroys your sport.’
While baseball has been apparently free of manipulation in modern times, soccer has had its share that is fair of scandals, notably into the European lower leagues.
The rise of real time, in-play idea betting, where you could bet on almost every element of a match, from the coin toss at the beginning of a soccer match to the total amount of strikes in a baseball game, has made the exploitation of the seemingly innocuous moments increasingly possible in recent years, and criminal gambling syndicates, often located in the Far East, are cashing in.
While in-play betting is only legitimately open to Americans in particular sports books Nevada, a vast amount of cash is wagered on unlawful markets through the entire world, and it may be that SportIM’s data crunchers come up with a few uncomfortable surprises.
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