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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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PokerStars.CZ has launched in the Czech Republic - PokerStars.CZ has launched in the Czech Republic, becoming the first licensed online casino and poker operator under the Czech Republicís new gaming regulation. This follows on from the approval by the Czech State Supervision of Gambling and Lotteries Department.

Luckia Games in Partnership with NYX Gaming Group - NYX will provide Luckia with its open gaming system, NYX OGS, and open platform system, NYX OPS, to support the growth of its established Spanish operation.

Sunbets to Sponsor Sutton United - Online betting operator Sun Bets has inked a one-off sponsorship deal with English association football club Sutton United for its upcoming televised clash against Arsenal FC in the FA Cup fifth round tie.

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ArenaCube Signs 3 New Deals - Under their strategic partnership, ArenaCube and Kiron will develop and launch a new version of Arena Challenge in 2017. The new version of the game will carry Kironís virtual content.

First Woman to Win a WPT Playground Championship - Besting a field of 380, in the C$3,500 buy-in event, Zajmovic beat Jean-Francois Bouchard in heads up play, pocketed the C$261,000 first prize and a seat in the season ending WPT Tournament of Champions.

NHL Odds: Oilers-Blackhawks at the United Cente - Fans at the United Center will be treated to a potential Western Conference playoff preview this Saturday when the upstart Edmonton Oilers visit the Chicago Blackhawks. The puck drops at 7 PM ET on WGN.

2017 Partypoker.net WPT Playground main event Results - Although she entered the heads up against Jean-Francois Bouchard with a chip deficit, Zajmovic was able to get herself back in the game with some skillful and disciplined playing, eventually overtaking the leader and finally leveraging her chip advantage into a decisive win.

IGT In Deal With Norsk Tipping - International Game Technology has announced a new contract signing which will see it providing interactive casino and Instant Win game libraries and custom games through a remote game server to Norwegian gambling group Norsk Tipping.

ZYNGA POKER ENJOYS IMPRESSIVE GROWTH IN 2016 - By re-focusing on the mobile environment and poker, social gaming giant generates revenue of $741 million - without offering real money games!

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