Did You Play Daily Fantasy Sports This NFL Season? The Government Wants Its Cut.

Fan Duel and Draft Kings, the twin giants of the daily fantasy sports industry, bring in almost $1 billion a year in entry fees. The industry has created controversy, especially in the wake of a potential scandal in which a Draft Kings employee allegedly used insider information to win a $350,000 cash prize on rival company FanDuel's platform.

New York attorney general Eric Schneiderman has been investigating the industry and called daily fantasy a "massive, illegal gambling operation." This is all despite the fact that many forms of state-sanctioned gambling such as horse racing and lotto, the latter of which requires arguably far less skill than sports betting, are legal in the state.

Watch the video above to see how fantasy sports enthusiasts are pushing back against overzealous regulators to keep the activity they love legal.

Comments

[DEATFBIRSECIA]

Gambling: a Natural Right if ever there was one.

[Pl?ya Manhattan.]

You know who else likes to gamble and lose?

[Adans smith]

Kaiser Wilhelm II ?

[Ted S.]

White Indian?

[Francisco d'Anconia]

*Fd'A is ashamed that he didn't think of this*

[Weigel's Cock Ring]

Absolutely no clue. Can you give us a hint?

[DEG]

OT: There are Rand Paul supporters holding up Rand Paul signs in downtown Nashua. Hope springs eternal.

[Vampire]

"In a little-noticed brief filed last summer, lawyers for the House of Representatives claimed that an SEC investigation of congressional insider trading should be blocked on principle, because lawmakers and their staff are constitutionally protected from such inquiries given the nature of their work."

So, I guess folks engaged in voluntary transactions and interaction free from violence, should be extorted, and or thrown in jail.

So congress wants their cut? Don't they already extort folks for their income, to include capital gains, and so on?

[Francisco d'Anconia]

illegal gambling operation

As opposed to the immoral governance operation New York is running?

[Adans smith]

See,state lotteries.

[Ted S.]

There was a poll several weeks back of New Yorkers in which 3% of New Yorkers said they did daily fantasy sports, but that 63% of New Yorkers said it's illegal gambling.

So 63% of the population finds something 3% does icky and wants to use the power of the state to ban it.

The State is the biggest bully of them all.

[Jerryskids]

New York attorney general Eric Schneiderman has been investigating the industry and called daily fantasy a "massive, illegal gambling operation."

All that matters is those first four words. Every single thing an NY AG does or says should be looked at as campaign speech. The office is nothing but a stepping-stone to higher office, the occupant a politically ambitious little tin god wannabe.

[OneOut]

Every dollar wasted on weekly fantasy leagues is a potential dollar stolen from state lotto.

Stealing from the state must be punished. However, if the thieves willingly hand over a significant portion of their thefts they may be allowed to continue at governments discretion.

If they refuse to provide the government with it's fair share then they must not be allowed to exist and let the natural order of gambling in which poor people buy lotto tickets from the state resume.

That is all.

[IceTrey]

The guy from Draft Kings had already locked in his team before he got that information.

[AlmightyJB]

SJW mob rebuffed by Cornell Board.

http://hotair.com/archives/201.....sil-fuels/

[AlmightyJB]

Looks like they're going to have other fresh meat to go after though.

http://www.cnn.com/2016/02/05/.....=obnetwork

[Pl?ya Manhattan.]

On the menu today.
No potatoes, though. Wedge salad with boiled egg instead.

[AlmightyJB]

Love Ribeye. I don't think you do carbs but this is one of the best sandwiches I ever made. Didn't find hot giardiniera so just added in some pickled hot cherry peppers to regular giardiniera. That relish and the fontinella cheese were fantastic with the ribeye.

[Pl?ya Manhattan.]

I went even bigger. Ribeye Cap. Best part of the best steak. Costco sells it now, USDA prime.

[AlmightyJB]

Sweet!

[Cytotoxic]

Boy the Trump articles sure brought out the defensive Trumptards in the comments. "No Trump totally pwnd Jeb becuz [insert statement based on misunderstanding of ED here]."

[AlmightyJB]

I didn't watch the debate but I know Trump won because he is a winner. He wins, unlike whatever loser says something mean about him. That person is terrible and no one likes them.