Nevada Says It Will Treat Daily Fantasy Sports Sites as Gambling
As of October 15, 2015, all pay-to-play daily fantasy sports (DFS) have been ordered to cease and desist operations by the Nevada Gaming Control Board until the companies and their employees receive state gambling licenses. The Board ruled that DFS operations are gambling and not a game of skill, as sites like FanDuel and DraftKing have been claiming. If the companies’ services are considered sports gambling in Nevada, other states cannot offer the services since it would violate federal law. This ruling adds more pressure to regulate daily fantasy games.
Click Here For The Full Article On The New York Times Website
Click Here For The Notice To Licenses By The Nevada Gaming Control Board