Texas AG Finds Daily Fantasy Sports Are Illegal Gambling – Law360

In what seems like a non-stop onslaught against the DFS industry, Texas Attorney General Ken Paxton on Tuesday issued an advisory opinion saying it’s likely that a Texas court would find daily fantasy sports contests offered by companies like DraftKings and FanDuel are “prohibited gambling in Texas,” becoming the latest state attorney general to question the […]

PayPal Shutting Down DraftKings, FanDuel Transactions | Gambling911.com

As reported by Gambling911.com, PayPal quickly reacted to today’s decision by NY State Supreme Court Justice Manuel Mendez that granted NY State an injunction against DraftKings and FanDuel to halt operations in NY. PayPal immediately announced that they would stop allowing transfers to and from DraftKings and FanDuel,  thereby seriously hampering their ability to take in […]