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  • KushBush

    Darren RovellVerified account
    ‏@darrenrovell
    BREAKING: NY Attorney General says daily fantasy is gambling & illegal, says DraftKings & FanDuel must cease operating & taking action in NY

    :( i wanted to play skinny lowry

  • Outlandas

    Was that fing you or something in the sweatpants lol? Good grief.

  • pn3

    @baseballislife93 said...

    i live in ny
    and today fanduel says to verify my account
    but everytime i try to do it it says error

    anybody else ?
    is it because of the whole ny thing

    i got one as well from fanduel that says i got 10 days to verify my information and i live in califronia

  • baseballislife93

    @pn3 said...

    i got one as well from fanduel that says i got 10 days to verify my information and i live in califronia

    yea but does it work for you
    it says it unavailable at this time and i am not allowed to enter any contests because of it

  • wolfjb1

    Someone should also research how much money his campaigns have taken from pro-gambling lobbyists. In most states, this is all research-able online.

  • CZYX

    • 66

      RG Overall Ranking

    • Ranked #2

      RG Tiered Ranking

    took down the PR parade http://www.nysenate.gov/press-release/attorney-general-eric-schneiderman-set-destroy-national-puerto-rican-day-parade

  • firesouth72

    When he was being implicated in a previous gaming conspiracy he quickly denounced those involved and donated the $76k he recieved to charity. “Those involved” were his ex-wife and his own close political allies. Corrupt.

  • JeffG1414

    FD & DK should plan a protest outside Belmont Park if they want results. What is the difference between handicapping horses and DFS?? Both require you to be able to interpret info to make an educated decision on who you bet/play. The only difference in NY is that the horses are controlled by the NYRA (New York Racing Association) which is controlled (profited on) by the state of NY and DFS is not controlled by the state therefore not allowing them to take their average 12-16% “take out”

    I am a bigger horse player than DFS player so I don’t want bad things to happen to the horses but this is BS.

  • AtGame7

    @JeffG1414 said...

    I am a bigger horse player than DFS player so I don’t want bad things to happen to the horses but this is BS.

    I’ve played the horses in the past and how anyone can come close to beating the takeout on that game is beyond me. It’s criminally high at some tracks. Like, the mob wishes they had come up with the idea.

    12%-16% is low from what I’ve seen in the past.

  • chgojcs

    The fact of the matter is that, yes, this is gambling, but skill is also required. I started playing last week, and I love it, and I am actually up a nice bit of change. The skill comes in creating consistently good lineups. Projections, value, etc. The gambling aspect is when KD or Brow go out halfway through a game. Happended to me last night. Had KD stayed in, or I had swtiched out LeBron for KD in one lineup, I would have made some serious cash. But anything with an unpredicatible variable can be considered gambling.
    Poker is a skill, but someone beating your straight by catching a nut flush on the river is the gambling. Again, the variable; the unpredictable.

    In my opinion, the simple fact that the NY AG is doing this is because the state isn’t generating any revenue from DFS. Period. The lottery is state sanctioned gambling, but the state gets their rake. With DFS, they get nothing. Maybe some taxes after the fact, but that is a small drop in the ocean to what they could be making. He can stand on high and pass his judgement based on some moral fallicy, but it all comes down to simple $$$, which, really, is pretty standard.
    Profit, profit, profit.

    But he’s a politician, so I wouldn’t expect anything more.

  • jregger

    @wolfjb1 said...

    Someone should also research how much money his campaigns have taken from pro-gambling lobbyists. In most states, this is all research-able online.

    You made me curious, so I checked:

    While this does not at all mean there are not outside political pressures and pro-casino interests at work here, the reality is that his political contributions from pro-casino interests over the course of his career are identified as being less than $50K (less than 1% of his total contributions).

    http://www.followthemoney.org/entity-details?eid=988982
    http://www.followthemoney.org/show-me?c-t-eid=988982&d-cci=63#[{1|gro=d-eid

    With that being noted, regardless of his motivation, Eric seems to have gotten this one wrong. Didn’t bother to meet with the DFS organizations, etc. Hopefully, the courts will handle this appropriately…

  • tacoface

    Yesterday was a sad day, and now many of us in the Northeast find ourselves lost. I’m having a difficult time explaining to my wife and family what went wrong. What once was a lucrative business venture has been stopped dead in its tracks. I didn’t see this coming. Thank goodness I kept my full-time career while also investing a lot of time and hard earned money into DFS. What are the pros here in NY doing as far as next steps? Contemplating moving the family out of state? What are we supposed to do now?

  • bigtroll04

    careful-just read today where paypal may ban next and even freeze some accounts

  • firesouth72

    50k in reported contributions. Reported. I think that is a keyword here.

  • JeffG1414

    Each track is different but here is Belmont Parks

    Takeout (percentage of each dollar wagered retained by racetrack)
    • 15 percent – Pick 6 (non carryover pools)
    • 15 percent – Pick 5
    • 16 percent – Win, Place, Show
    • 18.5 percent – Exacta, Quinella, Daily Double
    • 24 percent – Trifecta, Superfecta, Grand Slam, Pick 3, Pick 4, Pick 6 (carryover pools)

  • toxx6878

    @bigtroll04 said...

    careful-just read today where paypal may ban next and even freeze some accounts

    Wow does this mean that if dfs is shut down we won’t be able to withdraw? This is getting to be more trouble than its worth I’m thinking of just withdrawing now and moving on to a new hobby

  • mtgoanchorman

    All of you clinging to the UIGEA are foolish. The UIGEA merely says DFS is exempt for that law. The determination of what is or isn’t gambling is left up to the states. Each state has their own definition of gambling as well as what constitutes a game of skill or chance. In almost every state, DFS will fall under gambling.

    https://en.wikipedia.org/wiki/Dominant_Factor_Test (start here and you can start to understand)
    http://georgetownlawjournal.org/files/2013/03/Levitt.pdf
    http://ir.lawnet.fordham.edu/cgi/viewcontent.cgi?article=1370&context=iplj

    The four states that expressly allow DFS allow it because they already went ahead and regulated it as a state. Prior to that regulation it would have been illegal as well.

    In addition, there are state consumer protection laws that each DFS site operates in violation of in many states.

    DFS needs to do what they are doing, move towards regulation. It won’t exist in the form you know it to be much longer. Some states will outright ban it, most will regulate it, but it could easily end up the way online poker has in NJ and Las Vegas, with micro wagers and tiny tournaments.

    I will also be interested to see when a law suit comes out alleging UIGEA violations based on state law violations. I’m not sure on the analysis is there, but I believe there is validity to that claim if the nexus is made.

    Paypal could also be in trouble for allowing what amount to cash advances to be processed as purchase on a massive scale. I’m not sure if the CC companies would be liable as well, but Paypal seems like an obvious defendant as the processor.

    Feel free to share your thoughts, whether they be outrage and claims that I’m an idiot and have no idea what I’m talking about, support for what I’ve said, or additional information. I look forward to reading it all.

  • Putz

    @mtgoanchorman said...

    All of you clinging to the UIGEA are foolish. The UIGEA merely says DFS is exempt for that law. The determination of what is or isn’t gambling is left up to the states. Each state has their own definition of gambling as well as what constitutes a game of skill or chance. In almost every state, DFS will fall under gambling.

    https://en.wikipedia.org/wiki/Dominant_Factor_Test (start here and you can start to understand)
    http://georgetownlawjournal.org/files/2013/03/Levitt.pdf
    http://ir.lawnet.fordham.edu/cgi/viewcontent.cgi?article=1370&context=iplj

    The four states that expressly allow DFS allow it because they already went ahead and regulated it as a state. Prior to that regulation it would have been illegal as well.

    In addition, there are state consumer protection laws that each DFS site operates in violation of in many states.

    DFS needs to do what they are doing, move towards regulation. It won’t exist in the form you know it to be much longer. Some states will outright ban it, most will regulate it, but it could easily end up the way online poker has in NJ and Las Vegas, with micro wagers and tiny tournaments.

    I will also be interested to see when a law suit comes out alleging UIGEA violations based on state law violations. I’m not sure on the analysis is there, but I believe there is validity to that claim if the nexus is made.

    Paypal could also be in trouble for allowing what amount to cash advances to be processed as purchase on a massive scale. I’m not sure if the CC companies would be liable as well, but Paypal seems like an obvious defendant as the processor.

    Feel free to share your thoughts, whether they be outrage and claims that I’m an idiot and have no idea what I’m talking about, support for what I’ve said, or additional information. I look forward to reading it all.

    Sounds like lawyer scum talk.

  • bigtroll04

    I heard where paypal may freeze some acct’s they want to distance themselves from any monies garnered from DFS and gambling also I totally agree that whatever is left of DFS will be so watered down with regulation etc. that it will just be a shell of it’s former self the party is over deal with it

  • HalleluYAH

    I sent an email to DK asking if NYS residents can still play during the 5 days period, and this was their response…

    “Nathaniel (DraftKings)

    Nov 11, 12:44 PM

    Good afternoon,

    That’s correct. You have the ability to play through this Sunday. We will continue to reach out to our New York customers with updates as the process moves forward.

    Best,

    Nathaniel

    Customer Experience Associate
    DraftKings Inc.”

  • bigtroll04

    try sportsbetting you have only one opponent to beat the las vegas pointspread not 150k guys in a gpp

  • mrip541

    Through Sunday… So it’s only safe to play Sunday only?

  • wolfjb1

    Good work, jregger.

    But this type of aggregated data isn’t always complete, in my experience (I’ve researched this stuff on other candidates in other states).

    For instance, among the lobbyist contributions, you’d need to search for which lobbyists who have gambling clients have give to Schneiderman. There’s a reason that sort of data is difficult to compile. It would take a ton of legwork

  • wolfjb1

    @mrip541 said...

    Through Sunday… So it’s only safe to play Sunday only?

    The legal next steps have been widely reported. FD and DK have five days to respond. Then, most likely, a lawsuit will ensue. The AG will sue on behalf of the State. How long that takes is anyone’s guess.

  • Dmurphy104

    • Blogger of the Month

    @bigtroll04 said...

    I heard where paypal may freeze some acct’s they want to distance themselves from any monies garnered from DFS and gambling also I totally agree that whatever is left of DFS will be so watered down with regulation etc. that it will just be a shell of it’s former self the party is over deal with it

    You heard? Stop spreading random rumors. If you read an article, reference it.

  • mrip541

    @wolfjb1 said...

    The legal next steps have been widely reported. FD and DK have five days to respond. Then, most likely, a lawsuit will ensue. The AG will sue on behalf of the State. How long that takes is anyone’s guess.

    But we don’t know if they will continue to allow NY residents to play during the pendency of the action. Starting Monday, dk/fd liability associated with allowing NYers to play goes way up (criminal felony?). I doubt they said “through Sunday” but meant “through Monday.”

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