On Thursday, October 15, Nevada regulators took the plunge to combat Daily Fantasy Sports (“DFS”) sites like DraftKings and FanDuel and ruled that DFS gaming is a game of chance rather than a game of skill. As such, the Nevada Gaming Control Board has mandated that DFS sites obtain gambling licenses in order to operate in Nevada.
This post was originally published on the Cardozo Arts & Entertainment Law Journal website on November 24, 2015. The original post can be accessed via the Archived Link button above.
Ernst, Leo, "Government Regulation of Daily Fantasy Sports is on the Way: On the Heels of the Employee Scandal within DraftKings and FanDuel, Nevada Rules that Betting on Daily Fantasy Sports is Gambling" (2015). AELJ Blog. 87.