California Online Poker & Massachusetts Fantasy Sports

[three_fifth padding=”0 15px 0 15px”] [/three_fifth]There has been some significant movement in regard to online poker legislation in California, and not everyone is happy about it. Plus, Massachusetts has become the latest state to regulate fantasy sports. This week’s special offer is from bet365 Poker!

Fantasy Sports Legalized in Massachusetts

The future of daily fantasy sports (DFS) has been secured in Massachusetts after regulations were signed into law by the US state’s governor. The new rules include a minimum age of 21 for participants, bar games based on college or amateur sports and prohibit individual players from spending more than $1,000 each month without proof they could withstand deep financial losses. The regulations, which were put forward by Attorney General Maura Healey earlier this year, also require DFS operators to offer ‘beginner’ contests that highly experienced players would be prevented from entering. After signing a bill including the DFS provisions,…

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Fantasy Sports Gets Green Light in New York

New York Gov. Andrew Cuomo signed legislation Wednesday formally legalizing daily fantasy sports in the Empire State and handing the embattled industry its biggest victory to date. Fantasy operators that were active in New York before Nov. 10, 2015 must receive a temporary permit from the New York Gaming Commission before reopening for business. The process isn’t expected to take long, and FanDuel and DraftKings, the two leading daily fantasy operators, expect to be up and running in New York before the NFL season kicks off in early September, if not sooner. “Daily fantasy sports have proven to be popular…

Fantasy Sports Shown the Door in Delaware

[three_fifth padding=”0 15px 0 15px”] [/three_fifth] The first state to regulate online gambling has issued a resounding “No” when it comes to fantasy sports. Could Delaware’s move be a trend for other states to follow? Also, the popularity of Pokemon Go and it’s relationship to gambling. This week’s special offer is from bet365 Bingo!

Online Fantasy Sports Quashed in Delaware

Delaware’s attorney general has sent cease-and-desist letters to online fantasy sports betting operators, telling them that Delaware law does not allow them to charge players to play, or players to win monetary prizes. The Department of Justice formally notified DraftKings Inc., FanDuel Inc., and Yahoo! Inc. on Thursday that their respective fantasy sports activities are not allowed in Delaware without passage of authorizing legislation. DOJ had initially notified state regulators in March that such games were not permitted under Delaware law, and that state agencies shared the information with certain companies. More at Washington Post

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DraftKings Merger with FanDuel Discussed

DraftKings CEO Jason Robins said that a possible merger between his company and FanDuel is a “very interesting idea” that could add value for shareholders and provide customers with a better service at a better cost. But he declined to rate the chances of it happening after recent reports of merger discussions between the two daily fantasy sports rivals. “I don’t really have much more insight into how likely or not likely that would be,” Robins told USA TODAY Sports Saturday. “I certainly haven’t changed my view on how interesting it is.” United as one or not, Robins still said he sees…

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New York Online Poker Stalls While Fantasy Sports Sail Through

I enjoy both online poker and daily fantasy sports. Neither is perfect – there are certainly issues with each that I would like fixed (hey sites: call me, my consulting rates are competitive) – but both pastimes are a lot of fun and should be legalized and regulated across the United States. And they both constitute gambling. Thus, it vexes me that DFS, despite being the much less mature industry, has been gaining acceptance from lawmakers at an astronomically faster rate than online poker. Case in point: over the weekend, the New York legislature passed a bill that legalizes and…

Idaho Rules Fantasy Sports “Illegal Gambling”

DraftKings and FanDuel stopped offering paid daily fantasy sports contests in Idaho on Monday after an agreement with the state attorney general, the second such agreement between a state and the top sites in a week. The sites pulled out of Alabama following a similar agreement. Idaho Attorney General Lawrence Wasden issued a press release regarding the agreement with FanDuel and DraftKings, after “three months of negotiations.” The agreement took effect after May 1, per the AG’s office. Like many states before it, Wasden came to the conclusion that DFS runs afoul of the state’s gambling laws. From the release:…