It was only a matter of time before some states challenged the UIGEA exemption for daily fantasy sports sites like DraftKings, DraftDay, and FanDuel.
Starting with Nevada — which has told daily fantasy sports (DFS) operators to cease operating within their state without a gambling license — other states are now taking a much closer look at DFS.
One of the key issues is that DFS operators use gambling and betting related vocabulary when speaking about their site to anyone other than law enforcement. Another issue is the sniff test — it sure smells like gambling to anyone that cares to take a whiff.
But let’s take another look at this. It takes skill and analysis to determine the most probable profitable players to draft each week. You think that Manning will earn the most points this week? Who cares! The real question is which players — as a group — will earn the most points PER SALARY DOLLAR SPENT on drafting that player that week.
Gambling or not — DFS does make for a much more interesting sports watching experience.