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Oregon Class Action Lawsuit Vs FanDuel and DraftKings

Wednesday, January 27, 2016 : OREGON RESIDENTS IN CLASS ACTION AGAINST DAILY FANTASY SPORTS OPERATORS
 
Another attempt to leverage a state "gambling loser" statute for reward.
 
The latest "loser gambling" class action law suit to be filed against daily fantasy sports market leaders #FanDuel and #DraftKings was launched in the US District Court in Portland, Oregon Monday by resident Brandon Peck on behalf of himself and more than 100 other Oregonians who claim to have lost money in the past three years betting on the two DFS websites.
 
The action is one of around thirty launched in different US states where players are taking advantage of the legal difficulties DFS sites are facing and antiquated state statutes that allow gambling losses to be reclaimed.
 
The $5 million Peck filing requests the court to halt DFS operations in Oregon and order FanDuel and DraftKings to pay back players double the amount they've "wrongfully lost.''
 
The filing alleges that players were duped into participating in an illegal gambling activity that gave an unfair advantage to DFS employees, who also participated in the daily competitions.
 
Representing Peck, local attorney Thomas D'Amore argues in the filing that DraftKings and FanDuel violate Oregon law, which expressly prohibits "gambling" and "betting.'' The filing states other legal opinions on DFS from different US states.
 
D'Amore contends that DFS games require very little to no skill; that the outcomes are determined largely by chance and "return casino-type odds. '' Many DFS customers "lack even a rudimentary understanding of sports, or strategy in general'' and yet place wagers and "lose and win based on pure luck,'' he claims.
 
The DFS operators have yet to comment on the new action.

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Gambling News :

Spinomenal Appoints Eduardo Tupper as COO - Israeli software developer, Spinomenal, has appointed former chief operating officer of Ortiz Gaming, Eduardo Tupper, as Senior Vice President.

Ninja Power Slot Launched By Slotland - I think our players will be inspired by the ninja warrior characters the game designers have created,” said Slotland manager Michael Hilary. “These warriors fought hard, gave it all they had. Quitting wasn’t an option.

WILL JACK LAM RETURN TO THE PHILIPPINES TO TURN HIMSELF IN? - The Philippines online gambling and bribery scandal keeps throwing up new developments almost daily, with the latest a report that Macau-based online gambling tycoon - the man at the centre of the furore - has put out tentative "surrender" feelers.

Stephen Conroy appointed head of new responsible gambling grou - Conroy retired from politics in September after a 20 year career, and has now been appointed head of Responsible Wagering Australia, a new responsible gambling industry body backed by online gambling operators CrownBet, Sportsbet, Betfair, Unibet and Bet365.

SquwaKa To Enter sports betting sector - Football digital content platform SquwaKa will be entering the sports betting sector with the launch of a new FSB Technology built and powered sports betting service to sit alongside its fantasy sports offer.

Softswiss in game deal with Booming Games - Platform and white label provider SoftSwiss has launched a portfolio of 50 plus Booming Games titles following a partnership deal announced this week.

RaceBets Acquired by Betsson - Niche operator #RaceBets complements #Betsson offering with a proprietary horse racing product and an experienced horse betting trading team.

Playtech buys back 780,000 shares - Playtech's advisory earlier this week that it is to embark on a Euro 50 million share re-purchase initiative has been quickly followed by a notification from the company that it has bought an initial tranche of 780,000 shares at prices ranging between 797.75 and 816.63.

Cash In Roulette - The relatively new online gambling games developer Be The House, has announced that it is to launch its unique Cash In Roulette product with William Hill Online.

EveryMatrix in game deal with Endorphina - #EveryMatrix Prague-based online slot developer Endorphina has found a new outlet for its games, signing a content supply agreement with white label provider EveryMatrix.

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