Daily Fantasy Sports, A Supreme Decision

On May 14, 2018, the U.S. Supreme Court declared that the Professional and Amateur Sports Protection Act (PASPA) was unconstitutional – meaning it’s up to the states to decide whether to allow its residents to bet on sports.  This may portend big changes to Daily Fantasy Sports (DFS). In a previous post, The U.S. Supreme Court Tackles Sports Gambling Law, we wrote about the U.S. Supreme Court case Christie v. National Collegiate Athletic Association which dealt with the constitutionality of the Professional and Amateur Sports Protection Act (PASPA) – which prohibits sports gambling.  On Monday, the Supremes issued a 7-2 decision striking down PASPA. The ramifications of this landmark decision could open up the flood gates for states to legalize sports gambling.  It’s been predicted that as many as 32 states are interested in legalizing sports gambling. What does this mean for DFS?  The decision may not have a direct impact on DFS,…

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