October 15, 2015 - Aaron Wilson
DraftKings, FanDuel ordered to shut down in Nevada
Nevada authorities have ordered daily fantasy sports sites DraftKings and FanDuel to shut down. Why? Because they can't operate in the state without a gambling license. There's been an investigation into how the sites have been run. DraftKings and FanDuel say the sites provide games of skill and not of chance and are therefore protected by the Unlawful Internet Gambling Enforcement Act established in 2006, which has language protecting fantasy sports. The games are legal in 45 states. Licenses can be applied for. "Since offering (daily fantasy sports) in Nevada is illegal without the appropriate license, all unlicensed activities must cease and desist from the date of this notice," the Nevada Gaming Control board said. Violators face felony fines and up to 10 years in prison.