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Re:NY Attorney General Tells Daily Fantasy Sports to Stop Ta... by swang on Tuesday November 10, 2015 @07:17PM (#10543762)
Welcome to the online poker world ~4 years ago. The only difference (and the question is, 'will this be enough to keep it alive?') is that DFS has the backing of sports leagues (MLB, NFL) that have big lobby groups who can "influence" politicians. Doesn't matter how much money you have if you don't have this influence.

IANAL so correct me if I'm wrong, but assuming DFS sites challenges citing that banks can legally take their transactions (through the UIGEA and thus, "not gambling"), wouldn't NY need to pass a law to bar DFS in the state?

Re:NY Attorney General Tells Daily Fantasy Sports to Stop Ta... by rcarrigan87 on Tuesday November 10, 2015 @08:47PM (#10544263)
Poker was a little different. They were violating some major banking laws with how they were doing deposits. Also the companies were overseas...