Daily Fantasy Sports
New York court rules that daily fantasy sports is gambling
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The future of daily fantasy sports in New York is uncertain after the state Supreme Court ruled the games are gambling and violate the state’s constitution, the Rochester Democrat and Chronicle reported.
The New York State Supreme Court Justice Gerald Connolly has categorically ruled that daily fantasy sports (DFS) is indeed a form a gambling as per the state’s 2016 law. The court, however, stated that legislators can amend the law to take daily fantasy sports out of the penal code.
The court rejected DFS operators’ argument that the DFS contests are games of skill, not gambling.
The ruling, unless it is appealed, will affect the DFS operations of major companies such as DraftKings and FanDuel.
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