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  • deactivated84892

    Woke up to this unfortunate gem: http://www.legalsportsreport.com/9130/fanduel-draftkings-reach-ny-settlement

    Thoughts with you guys in New York.

    Statement from FanDuel

    FanDuel made the following statement via a company spokesperson:
    “We are announcing that as of today, FanDuel will cease offering paid contests in the state of New York per the terms of a settlement reached with the Attorney General on certain aspects of the ongoing litigation.

    New York is a critical state for FanDuel. FanDuel is headquartered in Manhattan, where we employ more than 170 young smart, passionate fans who are committed to innovating and providing the best fantasy experience possible. We are proud to be one of New York’s largest startup companies, and while it is disheartening for us to restrict access to paid contests in our home state, we believe this is in the best interest of our company, the fantasy industry and our players while we continue to pursue legal clarity in New York.”

    Statement from DraftKings:

    DraftKings Statement Regarding The Settlement with The New York Attorney General

    “Effective today, as part of a settlement reached with the Attorney General’s office, DraftKings will stop offering paid daily fantasy sports contests in New York State.

    We are an industry leader in technology, innovation and consumer protections, and we are grateful to the hundreds of thousands of New Yorkers who have enjoyed playing fantasy sports on DraftKings for the last 4 years. We will continue to work with state lawmakers to enact fantasy sports legislation so that New Yorkers can play the fantasy games they love.”

    MODERATION NOTE: Now more than ever, we all need our voice to be heard. Make Your Voice heard here. Please stay on topic in this thread, we understand people are mad and/or frustrated.

  • SouthernShield

    Sucks for the end of NBA/NHL and possibly most if not all of MLB. However, it does sound like things will be fixed in time for NFL 2016.

  • SmokestackLightning

    @Sharpljp said...

    So basically guys..

    Schneiderman: “DFS is against the law. It is betting and against the law of New York.. But I tell you guys what.. Pay me $500,000 upfront or atleast in intervals over a three year span (if you’re not DK or FD and can’t write me a check like right now), allow me to take 15% of your gross revenue and you know what.. I think it will become legal then ;)

    LOL. Dude GTFO.

    Yup. Gangster government at its finest.

    This was always the way it was going to go, tho, for everybody wanting legislation and regulation. You’ll get your regs, but say goodbye to variety among sites. DK/FD can survive the long break in NY, come back whenever legislation is passed, and still afford the licensing fee. Can’t see too many else being able to do that.

    After NY comes back (along with the rest of the country), just be Coke and Pepsi to choose from.

  • scsa1998

    @SouthernShield said...

    Sucks for the end of NBA/NHL and possibly most if not all of MLB. However, it does sound like things will be fixed in time for NFL 2016.

    NFL is the biggest money maker for DFS companies. They probably agreed to give up MLB if they cant work on an agreement for NFL season

  • TheWalrus82

    I’m near certain that NY is looking for a part of the rake much like they get from gaming machines in casino’s…which would be a tough pill to swallow for DFS companies.

  • jackofalltrades

    First they came for the New Yorkers and I did not speak out because I was not a New Yorker . . .

    Time for all DFS players to stop acting like docile sheep. If you tolerate government overreach, you encourage it.

  • jilesofthetrees

    • 2016 NASCAR Live Finalist

    I don’t get the hate for the AG. His job is to enforce NY law. I get being frustrated with the law itself and advocating change, but it seems most people imply he is somehow corrupt/incompetent because he’s making an argument that has negative consequences for them.

  • louislipps

    @donnybasbl said...

    Fan Duel rep responded that tickets already won are valid for the contests on the day they are running, regardless of date.

    Yup. They just confirmed in an email. The extra $400 in my account I referenced in an earlier comment was apparently for the two entries that made it to yesterdays FD survivor but didn’t advance. I guess I didn’t realize they actually won $200 a piece. And I’m still eligible to win the $50K next week (if I can beat Varncass and Mrestela and cubsfan and all you other jerks!!). So I got that going for me. But it looks like 25th place out of 2900 or whatever I am on the CBB rankings is as high as I’ll ever get. Unless I can take this thing down next week with my one lone entry! Wish me luck!!!

  • cgg716

    Legal questions. I’ve already paid taxes on significant profit from last year. Could I fight it. After all they are calling it illegal profit

  • SmokestackLightning

    @jackofalltrades said...

    First they came for the New Yorkers and I did not speak out because I was not a New Yorker . . .

    Time for all DFS players to stop acting like docile sheep. If you tolerate government overreach, you encourage it.

    Who’s to say speaking out hasn’t happened or done any good? Legislation is moving forward in a number of states. There are still a majority of states where it is legal to play. The long-term future of the game looks to be trending toward legalization. I would imagine a lot of that has to do with players speaking up.

    NY going this way shouldn’t be a surprise. The NYAG publicly stuck his neck out and put his rep on the line for this. He wasn’t going to move on without getting his pound of flesh. Hopefully this is it, legislation will now be free to pass without heat coming from his office, and in a few months NY will be back online.

  • SmokestackLightning

    @jilesofthetrees said...

    I don’t get the hate for the AG. His job is to enforce NY law. I get being frustrated with the law itself and advocating change, but it seems most people imply he is somehow corrupt/incompetent because he’s making an argument that has negative consequences for them.

    He’s the representative of the state’s interests in this matter, and NYS is a hypocrite when it comes to gambling.

    That plus the NYAG’s tone, rhetoric, and fundamental misunderstanding of what DFS is would be the reason for the hate.

  • smallANDflaccid

    @jilesofthetrees said...

    I don’t get the hate for the AG. His job is to enforce NY law. I get being frustrated with the law itself and advocating change, but it seems most people imply he is somehow corrupt/incompetent because he’s making an argument that has negative consequences for them.

    While I am sure many are arguing that, there are also many that look at the contributions he gets from casino interests and the fact that his ex-wife is a lobbyist now also connected to casinos (who also gave him money) is more what makes him look like a piece of shit.

  • Youtubekid12

    @jilesofthetrees said...

    I don’t get the hate for the AG. His job is to enforce NY law. I get being frustrated with the law itself and advocating change, but it seems most people imply he is somehow corrupt/incompetent because he’s making an argument that has negative consequences for them.

    Coming from a New Yorker you need more research on Schneiderman

  • internetfamous

    Did Florida just get axed? I tried to login from my phone and said Florida was now banned.

    Or am I just late to the party? Haven’t played dfs in 2 weeks.

  • tarheel66

    What does Donald Trump say ?

  • tarheel66

    was on vacation in Florida last week and had no problem getting on site

  • Youtubekid12

    Does this only affect DK and FD? Are there any other sites can New Yorkers play on ?

  • PJGuin23

    DFS Tax Guru

    @cgg716 said...

    Legal questions. I’ve already paid taxes on significant profit from last year. Could I fight it. After all they are calling it illegal profit

    Sorry bud taxes on illegal earnings are reportable. That’s how the Federales got AL Capone.

  • Olhausen

    @Youtubekid12 said...

    Does this only affect DK and FD? Are there any other sites can New Yorkers play on ?

    I honestly can’t see other sites who are much smaller then Dk and FD staying open in NY now that the big two have pulled out.

  • jimmyrad

    @jilesofthetrees said...

    I don’t get the hate for the AG. His job is to enforce NY law. I get being frustrated with the law itself and advocating change, but it seems most people imply he is somehow corrupt/incompetent because he’s making an argument that has negative consequences for them.

    I totally get what you’re saying, as look at the hate the Texas AG received for doing just as you say. Schneiderman’s grandstanding back in Oct is a different matter altogether. This is the “Not on my watch” media whore.

  • shockermandan

    • Moderator

    @internetfamous said...

    Did Florida just get axed? I tried to login from my phone and said Florida was now banned.

    I just entered a contest from Florida. Did it say banned, or just keep you from entering? I suspect it’s related to something else.

  • PJGuin23

    DFS Tax Guru

    @TheWalrus82 said...

    I’m near certain that NY is looking for a part of the rake much like they get from gaming machines in casino’s…which would be a tough pill to swallow for DFS companies.

    PA, NJ, NV and possibly MD and DE are looking for their piece of the pie as well along with the casinos bitching and moaning in the background. There will likely be Gross Gaming Revenue Taxes when all is said and done for the operators. Most likely in most states. A few will object for moral reasons.

    That’s why VA was an easier passage. No casinos chirping in the background.

  • texasrangersfan

    When legislation finally gets passed in these states, there will only be FD and DK. With the licensing fees per state going to be outrageous, only FD and DK will be able to survive. And if you think rake is bad now, just wait. The cash games won’t even be worth playing unless you can win at around 70%.

  • Boscelts34

    Glad I live in New Hampshire…LIVE FREE OR DIE!!!!!!!

  • internetfamous

    I did it from my phone. I can email myself the screenshot and upload when I get a free minute at work but it said
    “Residents in florida are no longer eligible to participate in real money contests due to cash prize restrictions”

    Was still able to register. Also linked me to that freeforall website

  • TheRyanFlaherty

    If I’m comprehending those proposals correctly – It sure makes the Virginia Bill look even better.

    It’s sad but this whole ordeal really has become a microcosm for everything wrong in this country – Over-reactions, personal agendas masked as human interest, now one of the most corrupt/powerful/influential entities is now using that to strong-arm the industry and potentially ruin things for everybody…I can go on but you guys are seeing the same stuff. It’s all so disheartening.
    I’d feel bad for NY residents, but honestly, I wish more states would come out with reasonable offers/proposals like VA and these companies tell NY to F-off with those demands.

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