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Outrage Over New York Attorney General’s Decision to Ban Fantasy Sports

June 19, 2023
in Trade Tube
Reading Time: 1 min read
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On Friday, Fantasy football fans were protesting the recent decision by New York Attorney General Eric Schneiderman that DraftKings and FanDuel stop accepting bets because, he says, their games are considered illegal gambling under state law. A 2006 federal law, the Unlawful Internet Gambling and Enforcement Act of 2006 (UIGEA), was created to provide legal guidelines for online gambling, which allows fantasy sports companies to operate under games of skill and not chance. Business owners and game players were out near Wall Street saying this decision isn’t fair. Business owner, Tom Happle was upset with how the decision was handled. ‘Usually if you have an attorney general protecting the consumer, something good comes out of it,’ he said. ‘Nothing good comes out of this. Nothing.’ Happle said that this hurts businesses. ‘FanDuel and DraftKing all they did was create jobs and create a whole new industry and put people to work,’ he said. ‘And no one got hurt, no one is getting sued, there’s no class action lawsuit. There’s nothing.’ Other protesters were upset because they believe that fantasy football is a game of skill and not chance. ‘If it was a game of chance, there’s wouldn’t be a hierarchy,’ said one protester. ‘There wouldn’t be 1% getting all the earnings. Because of that specifically, it is a game of skill.’

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