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New York Attorney General Going After DFS
Saturday Janusry 2,2016 : NEW YORK A.G. GETS NASTY WITH D.F.S. FIRMS (Update)
Schneiderman wants cash accepted from New York players refunded…and a penalty.
If the New York Attorney General's court action against daily fantasy firms FanDuel and DraftKings goes his way it could prove an expensive loss for the two companies.
AG Eric Schneiderman upped the ante this week by filing amendments to his charges which additionally ask the courts to order the DFS companies to refund all monies accepted as deposits from New York players, along with stiff penalties.
The amendments, filed on the last day of the year, were covered extensively by US mainstream media and seek a court order forcing the companies to "disgorge” and refund monies "obtained from consumers in connection with the fraudulent, deceptive and illegal acts” the AG alleges FanDuel and DraftKings have committed.
The filing also requests that the court imposes an additional punitive penalty of $5,000 in respect of each transgression of New York law that the courts find against the DFS firms.
InfoPowa readers will recall that on December 11 state Supreme Court Justice Manuel Mendez granted the AG an injunction halting all daily fantasy sports operations until the legality question was settled by a judicial finding.
The DFS companies urgently applied for the injunction to be suspended, arguing that if they were forced to shut down even temporarily, they would be irreparably harmed.
Associate Justice Paul G. Feinman of the Appellate Division of the State Supreme Court ordered a suspension of the Mendez injunction until January 4, when a panel of appeal judges will again consider the matter.
Commenting on the AG's new additions to the court action, DFS legal representative David Boies, said in a statement:
“The attorney general’s revised complaint reveals that the attorney general’s office still does not understand fantasy sports...it is based on the fundamental misunderstanding of fantasy sports competitions.”
The New York Times observed that if the Mendez injunction is upheld, DraftKings and FanDuel will lose a combined $35 million to $40 million in revenue, according to the gaming industry firm Eilers Research.
MPN Poker Tour Malta Day 1A -
The MPN Poker Tour has returned to Casino Malta this week, with a €150,000 guaranteed €500 + €50 Main Event running alongside a full complement of side events, parties and activities.
€8 million mobile jackpot win on Mega Moolah -
Mega Moolah was hit on Tuesday 25 April 2017 by a Tipico player playing on their mobile device, just over a month after a €6.6 million jackpot was collected in March. The pay-out of €8,012,153.35 is the largest mobile jackpot win in history, superseding Microgaming’s pay-out in August 2016 of €7,968,311.26.
NHL Odds: Young Oilers Face Veteran Ducks in Round Two -
Game Two in Anaheim (10:30 PM ET on NBCSN) features the first and second ranked teams in the Pacific Division during the regular season, with only two points separating them. The Oilers edged the Ducks 3-2 in regular season games, outscoring them by a slim 14-12 margin. This series will be close, and Game Two will decide who has the edge heading back to Edmonton.
Americas Card Room Online Super Series Starts Now -
The OSS Cub3d is Americas Cardroom’s 3-part tournament series. It features the Mini Online Super Series (MOSS), the now-underway Online Super Series (OSS), and the upcoming Bigger Online Super Series (BOSS).
New Quick Seat feature at Ignition Poker -
New Quick Seat feature at Ignition Poker.In order to ensure our poker players’ user experience is even more seamless, we’ve introduced a new feature in our poker software called Quick Seat for both Ignition Poker.
Finnish people prefer the government to run the casinos -
Nordic countries have been, historically, the main markets for the online casino operators. The reasons for this are rather clear - these countries are very cold and people simply prefer to stay home and gamble than go outside to visit a casino.
NBA Odds: Chalk-Heavy Warriors Host Portland for Game 2 -
The Golden State Warriors needed a strong fourth quarter to put away the Portland Trail Blazers on Sunday. But they still didn’t cover as 15-point home favourites in a 121-109 victory. Can they do better this Wednesday (10:30 PM ET, TNT) in Game 2 of their first-round playoff series?
Caesar’s Triumph Slot Launches -
Caesar’s Triumph is new slot at Bovada that features the Roman dictator in all his glory. The action takes place on five reels where you’ll find 20 paylines and plenty of ways to spin your way to victory.
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