Monday, March 30, 2015

The "Daily Fantasy Sports" Marketplace Is Booming, But Is It Legal?

Over the past few weeks I have posted extensively on how gambling laws treat commercial NCAA Tournament pools.  However, March Madness pools are not the only form of online sports gaming proliferating on the Internet.  Indeed, play-for-cash "daily fantasy sports" contests have recently become big business.  Even the National Basketball Association is now a shareholder in one of these ventures (FanDuel).

With the legal status of "daily fantasy sports" still relatively unsettled, it is my pleasure to announce the online publication of sections 1-4 of my newest law review article "Navigating the Legal Risks of Daily Fantasy Sports: A Detailed Primer in Federal and State Gambling Law."   This article explores the legal status of "daily fantasy sports" in light of both federal and state gambling laws, and explains why the legal status of such contests likely varies based on both contest format and states of operation.

The full version of this article will be published in the January 2016 edition of University of Illinois Law Review.  In the interim, I welcome any thoughts or comments.

https://lawprofessors.typepad.com/business_law/2015/03/the-daily-fantasy-sports-marketplace-is-booming-but-is-it-legal.html

Law Reviews, Sports, Web/Tech | Permalink

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