Facing national scrutiny, DraftKings and FanDuel have hired up lobbyists — but according to key lawmakers, industry lawyers and lobbyists, don’t expect sweeping changes to the industry in the near future. posted on Nov. 5, 2015, at 9:00 a.m. Tarini Parti BuzzFeed News Reporter Scott Olson / Getty Images WASHINGTON — There have been allegations…

October 6, 2015 DraftKings Inc. markets cash contests to fantasy sports enthusiasts with a grandiose invitation: “Welcome to the big time.” Following a data leak that has fueled calls for regulation and sparked an inquiry by New York’s attorney general, the Boston company is discovering that with the big time comes intense scrutiny. Now, the…

September 18, 2015 By David O. Klein, Jonathan E. Turco and Joshua R. Wueller Although fantasy sports competition – the act of building and competing with imaginary sports teams comprised of real-life athletes – had meager beginnings as a hobby and pastime among friends and coworkers, fantasy sports has exploded in recent years into a…

While Daily Fantasy Golf Keeps Growing At DraftKings And Beyond, Legal Questions Linger The legal landscape of daily fantasy sports has been the subject of an ongoing debate, both at the state and federal levels. The golf vertical, however, might be particularly troublesome in the world of DFS. With its increasing popularity there have been…

Odds improve for online gaming June 14, 2015 Regulate or delegate — that’s the question facing Pennsylvania legislators as bills to legalize online gambling gain traction. A new bill in the state Senate — SB 900, allows the state, among other things, to license operators to conduct Internet gaming. It’s a practice many say goes on illegally…

Intellectual Property Concerns for Sponsors of Promotional Contests and Sweepstakes Marketers are always looking for more effective ways to entice consumers, with the goal to build a brand and sell more products and services. Long ago, armed with the knowledge that people enjoy winning prizes, savvy promoters began offering promotional contests and sweepstakes, which encourage…

New York Poker Bill Drops Bad Actor Clause State Senator John Bonacic has reintroduced a bill to authorize online poker in the Empire State, but dropped a “bad actor” clause that would have prevented PokerStars from applying for one of ten available licenses. Senator Bonacic’s bill would authorize the New York State Gaming Commission to…

Will regulators sideline fantasy stock-trading games? Regulators seem to be imposing a harsh new reality on fantasy stock-trading upstarts. Stock Battle – one of the first to allow real-money stock-picking games modeled on daily fantasy sports services – received a cease-and-desist letter from the Securities and Exchange Commission, Yahoo Finance has learned. According to an email…

Daily fantasy sports contests are a hit in the US, but in some states fantasy sports offerings fall foul of intrastate gambling and lottery regulations. This situation appears set to change however, as states including Iowa and Montana have introduced bills to legalise fantasy sports contests. David O. Klein and Jonathan E. Turco of Klein…

If Comcast and Time Warner Cable go ahead with their planned merger, they’d control almost 30 percent of all the cable TV subscribers in the U.S., possibly raising fears that they’d own too much of the market. They will reportedly sit down with Justice Department officials this week. So, how do you reassure the regulators that you’re not…

Daily Fantasy Sports Growth Pushes Leagues to Regulate Players The rapid evolution of fantasy sports from casual season-long recreation to high-stakes daily Internet games has given U.S. professional sports another source of revenue as well as a headache in determining player-participation policies. Over the last year, all four major U.S. sports leagues signed sponsorship deals…

DIRECTV Charged by FTC with Deceptive Adverting; Telecommunications Lawyer David Klein Explains

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