Government Regulation of Daily Fantasy Sports is on the Way: On the Heels of the Employee Scandal within DraftKings and FanDuel, Nevada Rules that Betting on Daily Fantasy Sports is Gambling
On Thursday, October 15, Nevada regulators took the plunge to combat Daily Fantasy Sports (“DFS”) sites like DraftKings and FanDuel and ruled that DFS gaming is a game of chance rather than a game of skill. As such, the Nevada…