NY judge sides with attorney general against fantasy sports websites
New York convinced a state court late Monday to reject demands from DraftKings and FanDuel two popular fantasy sports operators to issue restraining orders blocking the state attorney general from making good on his threats to shut them down in New York.
The state's attorney general, Eric Schneiderman, is demanding that the world's leading online fantasy sports wagering websites stop operating in New York because he claims they're too much like a lottery, even though New York operates a state ...
Nov 17, 2015, 10:44 am - Lottery News forum
NY attorney general says that DraftKings and FanDuel constitute illegal gambling
The New York State attorney general on Tuesday ordered the two biggest daily fantasy sports companies, DraftKings and FanDuel, to stop accepting bets from New York residents, saying their games constituted illegal gambling under state law.
The cease-and-desist order by the attorney general, Eric T. Schneiderman, is a major blow to a multibillion-dollar industry that introduced sports betting to legions of young sports fans and has formed partnerships with many of the nation's professional spo ...
Nov 11, 2015, 11:08 am - Lottery News forum
Georgia lottery officials question legality of fantasy sports companies
Georgia Lottery officials are questioning whether the daily fantasy sports industry can legally operate in the state, according to a letter sent last month to CEOs of DraftKings and FanDuel.
Georgia Lottery General Counsel Joseph Kim said in the Sept. 23 letter that the companies appear to violate the Georgia Constitution, which generally bans gambling except for state lottery-run games.
Kim said Monday that neither company responded by the Friday deadline given in his letter. He said lott ...
Oct 20, 2015, 8:42 am - Lottery News forum
Supreme Court rejects Delaware appeal to expand sports betting lottery
The Supreme Court has turned away an appeal from Delaware to expand its sports betting lottery beyond professional football.
The justices did not comment Monday in leaving in place a federal appeals court ruling that limits sports betting in Delaware to multi-game, or parlay, bets on National Football League games.
The professional sports leagues and the National Collegiate Athletic Association sued the state over its plan to boost revenues by offering single-game bets on a variety of prof ...
May 3, 2010, 10:43 am - Lottery News forum
Del. bettors can wager up to $3K in sports lottery
The Delaware sports betting lottery starting this week will allow gamblers to plunk down a couple of bucks, or a few thousand, on NFL teams, officials said Tuesday.
Minimum wagers in the new lottery, which starts Thursday, will be $2. The maximum wager, depending on the type of bet, will be $3,000.
For each wager, bettors must pick the correct outcomes of at least three NFL games, called parlay bets, or as many as 12.
A federal appeals court ruled that the lottery must be restricted to ...
Sep 9, 2009, 9:46 pm - Lottery News forum
Appeals court blocks Delaware's sports betting plan
A federal appeals court today blocked Delaware's bid to open sports betting Sept 1.
A three-judge panel of the Third Circuit Court of Appeals decided that Delaware's plans violate a 1992 federal ban on sports gambling.
The professional leagues and the NCAA sued Delaware in June, but the case is not scheduled to be heard until December. The leagues asked the court for an emergency injunction to halt the betting.
Delaware is one of four states that had sports gambling prior to a federal b ...
Aug 25, 2009, 1:24 pm - Lottery News forum
Delaware legalizes sports betting
Table games are next; Maryland lawmakers worried
Standing in front a screen displaying lines for the NFL, NBA and MLB, Gov. Jack Markell Thursday signed a sports betting bill into law at a ceremony inside the VIP room at Delaware Park racetrack and casino.
After signing the legislation Markell said his administration looks forward to working with the state's three racinos to make the Delaware sports lottery as successful as possible.
There is tremendous interest in the sports lottery t ...
May 15, 2009, 8:45 am - Lottery News forum
Delaware House passes sports betting bill
The Delaware House has passed a sports betting bill that failed to win approval earlier this week.
After hours of closed-door negotiations, lawmakers convened early Friday morning to rescind Tuesday's roll call and vote on a revised bill, which won overwhelming approval.
The vote came after several hours of talks between Gov. Jack Markell and his staff and Republican and Democratic leaders in the House.
The proposed sports lottery and the money it would bring are key components in Marke ...
May 8, 2009, 8:57 am - Lottery News forum
Britain may become the online gambling capital
Britain may bring in legislation allowing London-listed Internet gambling companies to move their headquarters to Britain, taking advantage of the United States legislature's faulty attempts to ban the popular online activity.
Plans to turn Britain into a world leader in internet gambling have been drawn up by ministers, according to internal Whitehall documents.
In stark contrast to America, where online gambling has in effect been outlawed, ministers want to attract offshore companies ...
Oct 8, 2006, 3:20 pm - Lottery News forum
Online gambling executive arrested on state charges
Gambling industry experts agree: If you operate an offshore gaming Web site, stay out of the U.S.
Moments after stepping foot on American soil Thursday, Sportingbet PLC Chairman Peter Dicks became the second British offshore sports betting executive arrested in recent months for illegal online gambling in the U.S. Former BetOnSports PLC Chief Executive Officer David Carruthers was arrested on federal charges in July.
It's still unclear if the arrest is a coincidence or part of a government ...
Sep 8, 2006, 5:47 pm - Lottery News forum