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Fanduel Pulling out of Texas

Saturday March 5,2016 : FANDUEL TO HALT TEXAS D.F.S CONTESTS, BUT DRAFTKINGS FIGHTS ON (Update)
 
Texas AG applaudes FanDuel management's responsible and pro-active attitude in reaching a settlement.
 
Texas AG Ken Paxton has applauded a decision by daily fantasy sports operator FanDuel to withdraw from the Texas DFS market following his opinion that the genre is contrary to state law and constitutes gambling.
 
Paxton was reacting to an announcement by FanDuel that it would withdraw its DFS contests in May this year but continue to lobby state lawmakers to regulate and licence intrastate daily fantasy sports. See More
 

The decision followed a settlement negotiation with the AG's office, releasing FanDuel from any future claims by the state and any obligation to pay restitution, damages or fines. Besides agreeing to block people in Texas from entering paid contests, FanDuel said it won't bring action for a declaratory judgment or help any other entity in doing so.
 
FanDuel emphasised that it believed its operations are legal, but that laws surrounding fantasy sports in Texas require clarity.
 
Applauding the FanDuel decision, AG Paxton declared in a statement Friday:
 
"I commend FanDuel for responsibly and pro-actively working with us to reach this settlement. This will spare both the company and the taxpayers of Texas the expense of an extensive lawsuit that I believe would only affirm what my office has already determined."
 
FanDuel emailed players in the Lone Star State, advising its decision and commenting:
 
"The Texas Legislature will be in session in 2017 and we will work to pass legislation that protects fantasy sports and consumers so that we can bring our paid contests back to Texans as soon as possible. Users still will be able to take part in free head-to-head challenges and leagues after paid entries are suspended."
 
The Houston Chronicle reports that FanDuel rival DraftKings has taken a more confrontational approach to the Texas problem, filing litigation against the state in Dallas Friday in an attempt to ensure that it can continue to operate.
 
In a statement to media, DraftKings legal representative Randy Mastro referred to the company's request for a declaratory judgement and said:
 
"We look forward to presenting evidence to demonstrate that Daily Fantasy Sports are skill-based games and perfectly legal under Texas law, certainly no less so than other kinds of skill-based contests."
 
The DraftKings petition, which requests a jury trial, names Paxton as defendant, and asks the court to declare that daily fantasy sports contests are legal.
 
The filing claims that the company wants to prevent the AG from "further acting to eliminate daily fantasy sports contests enjoyed by hundreds of thousands of Texans for the past decade."
 
Mastro stressed that DraftKings continues to work collaboratively with legislatures and attorneys general across the country to put in place a regulatory framework for its contests, along with thoughtful and appropriate consumer protections.
 
Texas AG Paxton issued his January legal opinion on DFS after he was asked for a non-binding opinion by a state lawmaker. In it, he said the outcome in daily fantasy sports depends partly on chance, so a person is making a bet and a court would likely find the practice to be illegal gambling.

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Gambling News :

Oryx in deal with Extreme Live Gaming - #oryx Turnkey provider ORYX has selected Extreme Live Gaming for the integration of a number of Live Casino titles to its games platform.

GAN Partners with Station Casinos - B2B online gaming company GAN (formerly Game Account Network) has revealed Station Casinos as its previously unidentified partner in an announcement made August 2016

Tipbet Sponsor of easy Credit Basketball Bundesliga for season 2016/2017 - #tipbet The agreement comes with good timing; the BBL basketball 2016/17 season started last Friday, ensuring that Tipbet benefits from high visibility for its brand presence at the games.

Oceanís Call Slot Launches - Online gambling games developer Habanero has embarked on a journey across the high seas to bring players its latest HTML5 high resolution slot title, Oceanís Call.

Big Names Playing WCOOP - The big names came out to play in the closing stages of the World Championship of Online Poker this week as major prizes were handed out in a number of exciting and entertaining competitions.

Should Gibraltar and Britain be regarded as a single state under EU gambling laws? - The issue has been referred to the ECJ by the High Court with the question "should the UK and Gibraltar be treated as a single member state when it comes to EU law on remote gambling?"

Sirplay to Open Argentina Branch - #SirPlay expects the new office to be fully operational by early next year, extending its service to Grupo Slots, which holds a license to operate the provincial San Luis Lottery, and other potential LatAm clients.

DFS Changes for Ohio - #dfs Coley says that at present DFS is an example of the "pools for profit" concept, the rules for which the state Attorney General has opined are unclear in relation to DFS.

New Jersey Teams Up With Kahnawake Gaming Commission - The New Jersey Division of Gaming Enforcement and the Kahnawake Gaming Commission have agreed to collaborate in preventing unlicensed online operators from accepting bets from New Jersey and other U.S. states through the Continent 8 data centre situated on tribal land, according to reports Tuesday from the Associated Press news agency.

Petition to Ban Online Gaming in Singapore - Singapore Pools and Singapore Turf Clubís application to operate online betting has triggered the origination of a petition that calls on the Government to deny authorization and stop legalization of online gambling.

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