Another day brings another deluge of developments in the never-ending soap opera that is daily fantasy sports.
New York Attorney General Eric Schneiderman, who declared this week that DFS was illegal gambling, now says he was forced to send a cease and desist letter to DFS operators DraftKings and FanDuel because the “dysfunctional” federal government is “falling apart.”
On Thursday, Schneiderman told Politco that states were tired of waiting for the feds to amend the Unlawful Internet Gambling Enforcement Act (UIGEA) to eliminate its carveout of fantasy sports, or at least this exemption’s applicability to DFS, which Schneiderman called a “quick-payout, high-pressure” version of fantasy that didn’t exist when the UIGEA was passed in 2006.
Regardless, Schneiderman said there was “no exemption” for DFS under New York’s gambling laws, although he’s sure that the “phalanx of lawyers” employed by DraftKings and FanDuel were furiously lobbying state legislators to revise the law in order to get DFS on the list of acceptable gambling activities.