The Legal Status of Fantasy Sports in a Changing Business Environment

10 Pages Posted: 25 Aug 2015 Last revised: 12 Jan 2016

Marc Edelman

City University of New York - Baruch College, Zicklin School of Business; Fordham University School of Law

Date Written: March 20, 2015

Abstract

This speech discusses how the United States has moved in such a short period of time from an era where "daily fantasy sports" contests had been seen as similar to illegal sports gambling into an era in which one cannot turn on a television set to ESPN without seeing commercials for one-day fantasy sports leagues. This speech also discuss perceptions of the legality of "daily fantasy sports" under both state and federal law. As explained throughout this speech, the legality of "daily fantasy sports" indeed is not a one-size-fits-all solution. Rather, whether a given fantasy sports contest is legal depends on the individual contest's game rules and states of operation.

Keywords: sports law, gambling law, gaming law, daily fantasy sports, fantasy sports, DFS, gambling, gaming, FanDuel, DraftKings, sports gambling, UIGEA

JEL Classification: L83, K00, K14, K23, K40, L50, L52, L59, L80, L82, L86, L89

Suggested Citation

Edelman, Marc, The Legal Status of Fantasy Sports in a Changing Business Environment (March 20, 2015). 42 Northern Kentucky Law Review 443 (2015). Available at SSRN: https://ssrn.com/abstract=2650026 or http://dx.doi.org/10.2139/ssrn.2650026

Marc Edelman (Contact Author)

City University of New York - Baruch College, Zicklin School of Business ( email )

One Bernard Baruch Way
Box B9-220
New York, NY 10010
United States

Fordham University School of Law ( email )

140 West 62nd Street
New York, NY 10023
United States

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