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FanDuel, DraftKings to stop offering paid daily fantasy sports contests in Idaho

LEGAL NEWSLINE

Thursday, November 21, 2024

FanDuel, DraftKings to stop offering paid daily fantasy sports contests in Idaho

BOISE, Idaho (Legal Newsline) – Idaho Attorney General Lawrence Wasden announced that executives at FanDuel Inc. and DraftKings Inc., two companies offering paid daily fantasy sports contests, agreed to stop providing those contests to consumers in Idaho.

“The concern I have is that the paid daily sports offerings provided by these companies constitute gambling under Idaho law,” Wasden said. “I have a duty to enforce and uphold that law. I commend the companies for negotiating in good faith and agreeing not to make these contests available in Idaho.”

The settlement does not bar the two companies from continuing to offer free daily fantasy sports games to consumers in Idaho.

“Idaho defines gambling, in part, as risking money or other thing of value for gain that is contingent in whole or part upon chance or the outcome of an event, including a sporting event,” Wasden said. “My concern is that the daily fantasy sports offerings my office reviewed require participants to risk money for a cash prize contingent upon individual athletes’ collective performances in various future sporting events. As I see it, this falls within Idaho’s definition of gambling.”

The agreement does not constitute an admission of wrongdoing by either of the two companies.

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