Breaking News..Fantasy Gambling Now Illegal In NY

[jjgold]

No way you can beat govt


Secondly the gov't has unlimited lawyers and unlimited money

I was reading if companies fight it the law fees will be over $15 million in fees

lol

[yisman]

Meanwhile the NYS Lottery and stock exchange are first pumping in the air in victory.

You can risk money that frozen orange juice might go up tomorrow, but you can't risk that Drew Brees will throw for 300+ yards and have a few Touchdowns.

It was done to protect the state-sponsored scams. Casinos (they're constantly building more) and horse racing tracks (Belmont, Aqueduct, and many others).

The politicians know how to skim from those.

I didn't realize Draftking's headquarters is in New York and they have a marketing partnership with Madison Square Garden along with some pro sports teams.

maybe you mean FD. DK is in Boston.

[yisman]

Yes it is more chance gambling nobody is arguing that but it is legal ONLY because of where the money goes. DFS is for pure profit.

so why are casinos and horse racing legal in NY?

[jjgold]

I am sure there are smaller sites you can use

Paypal will be next to ban

[agendaman]

yep JJGOLD paypal will def. ban they don't want any money garnered from DFS in their acct's I wonder if fanduel has to move their headquarters out of n.y. altogether plus any possibility of indictments vs. the 2 ceo's robbibs and eccles

[swordsandtequila]

dont compare nys or any other state lottery to dfs sites, i could be wrong but im pretty sure their profits are staying strictly in house. lotteries might not be the greatest and have their faults but at least their goal is to help.


NEW YORK LOTTERY'S MISSION
WHERE THE MONEY GOES
The New York Lottery contributed $3.11 billion in fiscal year 2014-2015 to help support public education in New York State, or 14 percent of total state education funding to local school districts. The New York Lottery continues to be North America's largest and most profitable Lottery, earning over $54.7 billion in education support statewide since its founding over 47 years ago.

No offense, but this is so far off base it's not funny. Just another way to divert funds already allocated to some other special interest. Been shown time and again. The post below sums it up nicely.

Their first goal is to make money. After that, they don't give a damn about anything.

When they started a lottery in Florida, they promoted it by saying these hundreds of millions of dollars would help education. Then you know what they did? They took money out of the state budget, which had been allocated for schools, and spent that money elsewhere. So the lottery simply replaced funds that had been in the budget to begin with. Many years ago, Duval County, where Jacksonville is, received more than $30 million from the lottery; a few years, 2012 or '13, that had been slashed to something like $370,000.

Don't trust any politician . . . ever!

Bing - fukn' - go

[swordsandtequila]

Yes it is more chance gambling nobody is arguing that but it is legal ONLY because of where the money goes. DFS is for pure profit.

Unlike horse racing, greyhound racing, jai alai, Indian casinos, church bingo, poker rooms... Oh wait...

[Snowball]

NY residents can still play. Fanduel:

Notice – This weekend’s contests will run as normal, with no restriction for NY users to play. FanDuel received a letter from the NYAG’s but no action is immediately required. We will alert NY users immediately if there is any changes to your ability to enjoy playing on FanDuel. We believe the AG’s interpretation of the law is wrong and that he has mischaracterized our customers and our business. Please reach out to our customer service team if you have questions.

[jjgold]

Guys I've been watching this very very closely and I'm pretty sure within a year they'll be no more fantasy sports legally

[agendaman]

whatever is left of DFS if anything will be so watered down with regulation erc. it will be just a shell of it's former self

[Snowball]

lawyer on Fox just said the whole thing could be shut down in a matter of weeks.

26 lawsuits, 4 federal indictments, and state legislatures looking to illegalize it.

realistically players deposits might not be safe in a couple weeks.

don't look good at all.

[unde0087]

lawyer on Fox just said the whole thing could be shut down in a matter of weeks.

26 lawsuits, 4 federal indictments, and state legislatures looking to illegalize it.

realistically players deposits might not be safe in a couple weeks.

don't look good at all.

Did he mention when it will be safe to watch TV again without being bombarded by fanduel commercials?

[ACoochy]

America, land of the oppressed...

[smitch124]

America, land of the oppressed...

Yes and what great oppression it is, the Gov't oppresses it's citizens and still has them convinced they are free. Quite a feat.

[daneblazer]

Good. Hopefully I don't have too see any smug looking tool bag fist pumping that he won $349

[ACoochy]

Yes and what great oppression it is, the Gov't oppresses it's citizens and still has them convinced they are free. Quite a feat.

That's mostly because western governments have worked out that if you take a little freedom at a time then the masses wont rise up in protest and so long as the unemployment numbers 'appear' to be under control then looks as though this will be the status quo for a time to come...

[agendaman]

wow 26 lawsuits and 4 federal indictments against who the 2 ceo's prob. now these clowns can start making out resumes ever notice those guys on fduel and dkings all look like nerds dorks and geeks the party is def. over

[tiktok]

Doesn't the state get money from fantasy football? When a player wins a million dollars, half of it goes to taxes, right?

[big joe 1212]

I can't wait until I don't have to see those misleading commercials anymore!

[yisman]

draftday and fantasydraft announced they are not letting NY residents play any longer

[sourtwist]

draftday and fantasydraft announced they are not letting NY residents play any longer

Meanwhile, fd and dk are still accepting entries... Weird.

[MoneyLineDawg]

Such a load of shit that states are cracking down on this

The hypocrisy is ridiculous

I hate this country sometimes

[Art Vandelay]

They took a shit in their own garden by being waaaayyyy too aggressive with their advertising.

Exactly. Last year they were operating full bore but stayed under the radar. Now they are everywhere, no higher profile than FOX pregame show - "Draft Kings Ins and Outs" w/ Glazer. Nice way to stay out of the spotlight guys...

[yisman]

Meanwhile, fd and dk are still accepting entries... Weird.

it doesn't really make any sense

the two sites specifically targeted are still going on

while the other sites NOT targeted are kicking people out effective immediately

[jjgold]

Investors must be steaming

[swordsandtequila]

Some of you guys crack me up. Crying about fuking commercials but no issue with career scumbags slowly eroding your right to do whatever the fuk you want with your own money. Unbelievable.

[MoneyLineDawg]

Some of you guys crack me up. Crying about fuking commercials but no issue with career scumbags slowly eroding your right to do whatever the fuk you want with your own money. Unbelievable.

Everyone should be allowed to do what they want with their money.....I don't mind regulation for certain products and industries but to just pick and choose what is allowed is garbage

Get bombed off whiskey and waste your paycheck on scratch offs is cool but smoking a blunt and playing fukkin daily fantasy is not allowed

Makes sense

[jjgold]

it is immoral and illegal

I want it banned

Vegas is only play sports betting is legal

Move there

[Kermit]

it is immoral and illegal

I want it banned

Vegas is only play sports betting is legal

Move there

Wait, it's immoral..?

[Vegas39]

it is immoral and illegal

I want it banned

Vegas is only play sports betting is legal

Move there

Mr. Self righteous yet uses online books from NJ

[Covy]

it is immoral and illegal

I want it banned

Vegas is only play sports betting is legal

Move there

Not your battle. People will do whatever they want

Stop wasting time complaining about what others are doing with their $. Stick with what you know

[BarkingToad]

To be consistent, when is New York going to make Wall Street and the stock market illegal?

[stevenash]

FanDuel to NY

Shove it up you ass, we're operating in your state this week.

http://www.scout.com/fantasy/story/1610449-fanduel-defies-order-to-halt-play-in-new-york

[swordsandtequila]

The people of NY should demand Eric Schneiderman vacate the attorney generals office on the basis of abuse of power and waste of taxpayer money. Like the dumbfuks don't have more pressing issues than what joe blow does with $20 on a Sunday. Jackoffs.

[Kermit]

FanDuel to NY

Shove it up you ass, we're operating in your state this week.

http://www.scout.com/fantasy/story/1...ay-in-new-york

Basically what they said to Attorney General Eric Schneiderman.