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 […]
An assailment of epic proportion against the DFS industry continued yesterday with the NY AG telling DraftKings and FanDuel that they are not welcome in NY and to cease and desist offering the product to NY State residents. Both DraftKings and FanDuel responded to AG Schneiderman’s pronouncement with personal attacks on the AG alluding to […]
Outspoken Dallas Cowboys owner Jerry Jones sees no issues with DFS and his investment in DraftKings. “From my perspective, anything that follows the rules, that causes and creates more interest and more fan participation, I’m really for,” Jones said to ESPN. “So I’m a supporter and that’s the rules that we’ll test — is put […]
The situation for the DFS industry continues to worsen as the State of Georgia Lottery has sent letters to both Draftkings and Fanduel saying it appears their services violate Georgia law. Stay tuned for more States and agencies to continue their assault on the DFS industry. I think the writing is on the wall. The […]
The NGCB ‘s recent decision to classify DFS as gambling has far reaching implications beyond the borders of the Silver State. Nevada has always been considered the “Gold Standard” in the regulation of gambling and its decision will now be used by numerous other States as a de facto conclusion that DFS is gambling. This […]