News & Analysis as of

Fantasy Sports Enforcement Actions

Stinson LLP

In Florida and Elsewhere, Officials Target Latest Fantasy Sports Games

Stinson LLP on

A crackdown on online "pick'em"-style contests in Florida could be a sign of what's to come as state regulators struggle to keep up with the rapidly changing world of daily fantasy sports and legalized sports wagering....more

Klein Moynihan Turco LLP

Fantasy Sports Law $15M Penalty

As our readers are aware, last October, the New York State Gaming Commission (“GC” or the “Commission”) adopted New York Rule 5602.1(a)(4), a law outlawing fantasy sports contests, such as “pick’em games,” that are based on...more

Cozen O'Connor

EDPA Announces Historic Non-prosecution Agreement for Offshore Sports-Betting Company

Cozen O'Connor on

Last week the U.S. Attorney’s Office for the Eastern District of Pennsylvania (EDPA) announced a historic non-prosecution agreement involving 5Dimes, a major offshore sports-betting operator. The agreement represents a major...more

Sheppard Mullin Richter & Hampton LLP

All Bets are On! Gambling and Video Games - How the Evolution of Games Has Led to a Rise in Gambling Concerns

Recently, there has been a frenzy of legal activity with U.S. gambling laws and the number of gambling-related legal issues with video games. U.S. gambling laws have changed more in the past few years than they have in a long...more

Sheppard Mullin Richter & Hampton LLP

Fantasy Stock Picking Contest Deemed by SEC to be Illegal Security-based Swaps

The SEC shut down a “fantasy” stock picking game for allegedly violating securities laws. Forcerank LLC ran contests via mobile phone games where players paid a fee and predicted the order in which 10 securities would perform...more

Manatt, Phelps & Phillips, LLP

Advertising Law - January 2016 #2

Battle Over Legality of Daily Fantasy Sports Sites Continues - It may be a new year, but the battle over the legality of the FanDuel and DraftKings daily fantasy sports sites continues. New York Attorney General...more

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