Investigation on fantasy sports betting conducted in Delaware

Reports from the Finance Department in Delaware have claimed that the state officials are to undertake a thorough investigation on the eligibility and legality of fantasy sports betting DraftKings and FanDuel. This comes days after Nevada classified daily fantasy sports operations under gambling with an immediate banning following until the sites acquire a gambling license. The sites have been advertised frequently on TVs and a client only pays an entrance fee with a possible win of more than $1 million in cash.

Delaware Finance Secretary Tom Cook claimed that they have been on toes with events that are unfolding onfantasy sport betting and with the ban imposed on them by Nevada, Delaware had to go deeper in verifying the reason behind the existence of fantasy betting in the state.

The ban on the sports in Nevada follows the entrance of employees to these sites and this indicated a higher possibility of match fixing and other irregularities of the sport. Nonetheless, fantasy sport industry have claimed to have introduced the sport based on skill not chance and this is allowed according to the 2006 Unlawful Internet Gambling Enforcement Act.

According to Daniel Wallach, a sports law expert based in Florida, the step initiated by gaming control board of Nevada will not get rid of fantasy sports betting in the State for good, but at least it has shown its capability and played its role in regulation of illegal sports betting in the state. He claimed that it has been evident that fantasy is typical to gambling and this would call for operational license just like all other sports betting and gambling sites have.

This coming week, the House of Representatives will undertake a voting process on whether to minimize daily fantasy sports websites in Pennsylvania which are played in the 12 casinos based in the state. It was claimed that FanDuel and DraftKings had recruited ananteroom firm in Pennsylvania. Nonetheless, the two firms have claimed that this is not real betting unlike many state heads sees it. The State Public Integrity Commission has claimed that the two firms who have retained their lobbying business in Delaware since 2002, have not spent not even a coin in lobbying businesses.

This article is published in: Secure betting
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