Daily fantasy sports like Fan Duel or Draft Kings is facing another legal battle, this time with the state of Texas. The Verge had the details:
“Attorney General Ken Paxton said today wagering real money based on the performance of a sporting participant was “prohibited gambling in Texas” so long as a company like DraftKings takes a cut…Because the outcome of games in daily fantasy sports leagues depends partially on chance, an individual’s payment of a fee to participate in such activities is a bet.”
We’ll see just how big Texas is because these sites are not backing down. They argue it is a game of skill that is authorized by the State of Texas.