Posts Tagged ‘Daily Fantasy Sports’
Tuesday, January 26th, 2016
Massachusetts attorney general, Maura Healey, has proposed regulations to protect consumers from deceptive practices of daily fantasy sports operators in Massachusetts. These include provisions to prevent youth access, limit monthly betting, and prevent professional players from using special tools to dramatically improve their chances of winning.
The Public Health Advocacy Institute previously argued to Ms. Healey that daily fantasy sports is illegal under Massachusetts law. At this time, 10 states have taken that position. Rather than take that approach, General Healey has staked out a moderate position of permitting the games while protecting consumers. We argue that some of the most important protections in the proposed regulations may be impossible to effectively enforce. Were it enforced, we argue, the industry’s business model would fail because it is built on practices that are unfair to the consumer.
Download PHAI’s submission here.
Friday, November 13th, 2015
Mark Gottlieb, the executive director of PHAI, discussed the impact of the Cease and Desist orders issued by New York Attorney General Eric T. Schneiderman to shut down daily Fantasy Sports sites FanDuel and DraftKings in that state as well as related developments in Massachusetts. This segment of New England Cable News’ “Broadside with Sue O’Connell” aired on November 12, 2015.
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Friday, October 30th, 2015
The Boston Globe has published on opinion piece by PHAI’s executive director, Mark A. Gottlieb, which summarizes the organization’s legal research concluding that paid Daily Fantasy Sports games are illegal under Massachusetts law. The piece, entitled, “Fantasy Sports Gambling is Illegal Under State Law,” explains the law and several reasons why it is important to enforce it.
Gottlieb argues that Daily Fantasy Sports games operated by DraftKings and FanDuel are a consumer rip-off as currently operated with almost all of the winnings going to full-time professionals. He goes on to criticize Internet gambling as posing a threat to current and potential compulsive gamblers, and that it is inconsistent with the limited casino gambling authorized by the state.
Massachusetts is among several states considering regulatory approaches to these games. Six states have banned them entirely.