Tag: Skill
Duh! Study Says Fantasy Sports Require Skill
A study led by a professor at Kansas State University has concluded that daily fantasy sports (DFS) is not a simple game of chance, but requires a great amount of skill. The study, which will be published in the Journal of Sports Science, urges Kansas legislators to not classify DFS as gambling. The decision could also spill over into other states that are looking into creating better definition of what is and what isn’t considered gambling. The study points out that, “Whether or not individuals in a state can participate in daily fantasy sports has a massive economic and societal…
“Sports Betting is Skill” Says NFL & US DOJ
The National Football League (NFL) has long opposed allowing sports betting to gain more of a foothold in the United States than it already has. But surprisingly, the NFL has made arguments over the last 12 years that any sports bettor would find encouraging: namely, that betting on sports is an enterprise that takes skill. According to a report from ESPN, both the Department of Justice (DOJ) and the NFL have made statements during legal proceedings that say that sports betting is a skill-based activity. NFL outside counsel made that argument in 2003, while in 2013, then US Attorney Loretta…
Skill-based Slot Games Approved in Nevada
Nevada has approved a bill to allow gaming equipment manufacturers to add a skill-based, arcade-style element to slot machines in the US state. Proposed by the Association of Gaming Equipment Manufacturers (AGEM), Senate Bill 9 had already received approval from both legislative houses in the state and has how been passed on to be signed by Nevada Governor Brian Sandoval. According to the Las Vegas Review-Journal newspaper, the bill will now enable manufacturers to create slot machines that have an element of skill and other features. The Nevada Gaming Commission will draft regulation to allow the development of technology into…