From 'Too Small to Notice' to 'Too Big to Fail': The Rapid Growth of Daily Fantasy Sports and DFS Efforts to Change Illinois Gambling Laws

10 Pages Posted: 27 Apr 2017  

Marc Edelman

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

Date Written: 2016

Abstract

These introductory remarks serve as a summary of my conversation at the DePaul Law Review Symposium on daily fantasy sports. The topics discussed in this article include the following: (1) a brief overview of the daily fantasy sports marketplace; (2) an overview of the legal status of daily fantasy sports under Illinois law; (3) an analysis of the Illinois Attorney General letter determining that daily fantasy sports violate Illinois state law; and (4) an explanation and critical evaluation of the Illinois bill that sought to legalize daily fantasy sports. This article ends with some general remarks about the overall state of the daily fantasy sports industry.

Keywords: fantasy sports, daily fantasy sports, gaming, gambling, gaming law, gambling law, sports law, game of skill, Marc Edelman, FanDuel, DraftKings, DFS, Illinois

JEL Classification: K23, L83, Z2, Z20, Z28, Z29, L67, L4, K39, K20, K14, K0, H7, D7, D6, D43, D4

Suggested Citation

Edelman, Marc, From 'Too Small to Notice' to 'Too Big to Fail': The Rapid Growth of Daily Fantasy Sports and DFS Efforts to Change Illinois Gambling Laws (2016). DePaul Law Review, Vol. 66, No. 1, 2016. Available at SSRN: https://ssrn.com/abstract=2959561

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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