Dallas Mavericks owner Mark Cuban is defending the daily fantasy sports industry the Texas attorney general considers illegal. Addressing the Fantasy Sports Trade Association in Dallas on Wednesday, Cuban said Attorney General Ken Paxton’s opinion is nonbinding but still “kind of disappointing.” He dismissed the contention of Paxton and officials of other states that daily fantasy sports are a game of chance.
The Nets are sticking with FanDuel. The organization released a statement Thursday that they were going to continue their working relationship in the wake of New York State Attorney General Eric Schneiderman ordering both FanDuel and Draft Kings to stop operating in New York.
New York attorney general Eric Schneiderman declared Tuesday that daily fantasy sports constitute illegal gambling in his state, and he sent game operators DraftKings and FanDuel cease-and-desist notices in a significant blow to the embattled, billion-dollar industry. Schneiderman demanded DraftKings and FanDuel, the two industry giants, stop accepting “wagers” from New York residents. He is not, at this point, asking the companies to discontinue operations in the state.
20 Oct 15