By Meghashyam Mali - 10/15/15 08:01 PM EDT
Nevada regulators are ordering fantasy sports websites in their state to stop operations until they obtain gaming licenses.

The Nevada Gaming Control Board said the websites, including companies DraftKings and FanDuel, should be treated as gambling operations.

"I, along with Board staff, have concluded that DFS [daily fantasy sports] constitutes gambling under Nevada law," said A.G. Burnett, the board's chairman, in a letter posted on the agency's website.

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Looks like the DFS is also being investigated by the feds.

You didn't think a source of new tax income was going to be allowed to exist for any length of time, without the government sticking their greedy paws in - did you?

Quote from: tac on October 16, 2015, 06:42:39 AM
By Meghashyam Mali - 10/15/15 08:01 PM EDT
Nevada regulators are ordering fantasy sports websites in their state to stop operations until they obtain gaming licenses.

The Nevada Gaming Control Board said the websites, including companies DraftKings and FanDuel, should be treated as gambling operations.

"I, along with Board staff, have concluded that DFS [daily fantasy sports] constitutes gambling under Nevada law," said A.G. Burnett, the board's chairman, in a letter posted on the agency's website.

more

Looks like the DFS is also being investigated by the feds.

I am sure the control board members do not want for much. The "industry" probably takes care of them.