United States:
New York Court Sacks Daily Fantasy Sports
17 December 2015
Sheppard Mullin Richter & Hampton
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This morning, a New York State court ordered a shut down of the leading daily
fantasy sports sites in New York, at least for now. The Court found
the NYAG has a likelihood of success in showing that the activities
are illegal gambling. The Court distinguished daily fantasy from
season long fantasy sports and refused to find the entries were not
bets or wagers despite the ruling in the Humphrey v. Viacom case in
NJ.
The Court also made clear that the exemption in UIGEA for
fantasy sports has "no corresponding authority under New York
State law."
We will provide a more detailed analysis of the decision so
check back for an update.
Here is the order.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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