Tag: Fantasy Sports legal
Fantasy Sports: Game of Skill or Unregulated Legal Loophole?
August 18, 2013
Pokerati – Sports fans are wagering thousands of dollars on the performance of professional athletes each day online, and it is all perfectly legal. Known as daily fantasy sports, the games are part of an exemption to federal law banning online gambling. In daily fantasy sports, winners aren’t determined by the outcome of a single game or the performance of a single player. Most fantasy competitions — football or baseball — last a season, but more and more players are looking for their daily fantasy fix. Critics argue that turning fantasy sports into a daily competition edges it closer to…