But sports gambling is legal in Nevada, which means authorities must be concerned that the industry isn’t regulated, which is raising some flags. Companies like DraftKings and FanDuel have been allowed to operate in most states because they’re viewed as games of skill, not chance, which is the legal distinction between fantasy and traditional sports gambling. The FBI is also investigating daily fantasy, although the agency is reportedly focusing on DraftKings.īanning daily fantasy games in Nevada is interesting for a number of reasons. Both companies denied any wrongdoing, and FanDuel hired former Bush administration attorney general Michael Mukasey to conduct an internal review. The next day, the New York attorney general’s office said it was opening an inquiry into daily fantasy. 5, a big New York Times story revealed an insider trading-type scandal in which DraftKings and FanDuel employees with access to proprietary information were making serious money from playing daily fantasy games.

It has been a rough couple of weeks for the two companies. And because you need a license to be a gambling operator in Nevada (which DraftKings and FanDuel don’t have), the services are illegal there. The Nevada Gaming Control Board, after conducting an analysis of daily fantasy sports with the state’s attorney general, has ruled that playing on DraftKings and FanDuel is the same as gambling. DraftKings and FanDuel say they don’t count as online gambling sites because skill is involved when you play daily fantasy sports.

Does nevada allowed draftkings