A few weeks ago we touched on the “insider trading” that was going on at the fantasy sites Fan Duel and Draft Kings. It ended up being the subject of a Republican Debate and then the the New York Attorney General got involved. He claims the websites are nothing but betting and it trying to keep New Yorkers from using the site through a lawsuit seeking an injunction. The sites have come back with their own filings trying to prevent an injunction. Draft Kings even teamed up with high-profile lawyer David Boies who argues the state’s poisition is unconstituational.
The best take on the whole situation came from HBO’s John Oliver Show. Warning there is some crude language in the skit, but it is right on target: